News stories about Ferrellgas Partners, L.P. (NYSE:FGP) have been trending somewhat positive on Monday, Accern reports. The research group identifies negative and positive media coverage by monitoring more than 20 million news and blog sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Ferrellgas Partners, L.P. earned a media sentiment score of 0.16 on Accern’s scale. Accern also gave media coverage about the oil and gas company an impact score of 45.1202192629929 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the next few days.
Here are some of the news headlines that may have effected Accern Sentiment Analysis’s rankings:
- Ferrellgas Partners, LP Announces Fourth Quarter Earnings Release Date – GlobeNewswire (press release) (globenewswire.com)
- Volume Moving the Tape For Ferrellgas Partners LP (FGP) – MTNV (mtnvnews.com)
- Ferrellgas Partners, L.P. Announces Fourth Quarter Earnings Release Date (finance.yahoo.com)
- Reviewing Ferrellgas Partners, L.P. (FGP) & its Competitors (americanbankingnews.com)
Shares of Ferrellgas Partners, L.P. (NYSE:FGP) traded down 3.21% during trading on Monday, reaching $5.42. The company’s stock had a trading volume of 182,036 shares. The company’s market capitalization is $526.56 million. The stock has a 50 day moving average of $4.82 and a 200-day moving average of $5.35. Ferrellgas Partners, L.P. has a 1-year low of $4.22 and a 1-year high of $17.41.
The firm also recently announced a quarterly dividend, which was paid on Thursday, September 14th. Shareholders of record on Thursday, September 7th were paid a dividend of $0.10 per share. The ex-dividend date of this dividend was Wednesday, September 6th. This represents a $0.40 annualized dividend and a yield of 7.14%. Ferrellgas Partners, L.P.’s dividend payout ratio (DPR) is -6.01%.
A number of research firms have issued reports on FGP. BidaskClub raised Ferrellgas Partners, L.P. from a “sell” rating to a “hold” rating in a research note on Saturday, August 26th. Zacks Investment Research downgraded Ferrellgas Partners, L.P. from a “hold” rating to a “sell” rating in a research report on Wednesday, August 9th. ValuEngine raised Ferrellgas Partners, L.P. from a “strong sell” rating to a “sell” rating in a research report on Friday, July 7th. Finally, UBS AG reissued a “sell” rating and set a $5.00 target price (down previously from $5.50) on shares of Ferrellgas Partners, L.P. in a research report on Monday, June 12th. Six research analysts have rated the stock with a sell rating, four have given a hold rating and one has issued a buy rating to the company. The stock currently has a consensus rating of “Hold” and an average price target of $8.67.
ILLEGAL ACTIVITY WARNING: This story was reported by Chaffey Breeze and is the sole property of of Chaffey Breeze. If you are accessing this story on another publication, it was copied illegally and reposted in violation of U.S. and international trademark and copyright legislation. The original version of this story can be viewed at https://www.chaffeybreeze.com/2017/09/18/ferrellgas-partners-l-p-fgp-getting-somewhat-positive-press-coverage-analysis-shows.html.
Ferrellgas Partners, L.P. Company Profile
Ferrellgas Partners, L.P. is engaged in the retail distribution of propane and related equipment sales, and midstream operations, which include crude oil logistics. The Company’s segments include propane and related equipment sales, midstream operations-crude oil logistics, and corporate and other. The propane and related equipment sales segment consists of the distribution of propane and related equipment and supplies.
Receive News & Ratings for Ferrellgas Partners L.P. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Ferrellgas Partners L.P. and related companies with MarketBeat.com's FREE daily email newsletter.