Green Plains Partners (GPP) – Investment Analysts’ Recent Ratings Updates

A number of research firms have changed their ratings and price targets for Green Plains Partners (NASDAQ: GPP):

  • 11/6/2017 – Green Plains Partners was downgraded by analysts at Zacks Investment Research from a “hold” rating to a “sell” rating. According to Zacks, “Green Plains Partners LP provide ethanol and fuel storage, terminal and transportation services by owning, operating, developing and acquiring storage tanks, terminals, transportation assets and other related assets and businesses. Green Plains Partners LP is based in Omaha, Nebraska. “
  • 11/3/2017 – Green Plains Partners had its “buy” rating reaffirmed by analysts at Robert W. Baird. They now have a $24.00 price target on the stock.
  • 11/3/2017 – Green Plains Partners was downgraded by analysts at Stifel Nicolaus from a “buy” rating to a “hold” rating. They now have a $20.00 price target on the stock, down previously from $21.00.
  • 10/24/2017 – Green Plains Partners was given a new $24.00 price target on by analysts at Roth Capital. They now have a “buy” rating on the stock.
  • 10/18/2017 – Green Plains Partners was downgraded by analysts at BidaskClub from a “hold” rating to a “sell” rating.
  • 10/12/2017 – Green Plains Partners had its “buy” rating reaffirmed by analysts at Stifel Nicolaus. They now have a $21.00 price target on the stock.
  • 10/11/2017 – Green Plains Partners was downgraded by analysts at Zacks Investment Research from a “hold” rating to a “sell” rating. According to Zacks, “Green Plains Partners LP provide ethanol and fuel storage, terminal and transportation services by owning, operating, developing and acquiring storage tanks, terminals, transportation assets and other related assets and businesses. Green Plains Partners LP is based in Omaha, Nebraska. “
  • 10/4/2017 – Green Plains Partners was upgraded by analysts at Zacks Investment Research from a “sell” rating to a “hold” rating. According to Zacks, “Green Plains Partners LP provide ethanol and fuel storage, terminal and transportation services by owning, operating, developing and acquiring storage tanks, terminals, transportation assets and other related assets and businesses. Green Plains Partners LP is based in Omaha, Nebraska. “
  • 10/3/2017 – Green Plains Partners was downgraded by analysts at BidaskClub from a “buy” rating to a “hold” rating.
  • 9/26/2017 – Green Plains Partners was upgraded by analysts at BidaskClub from a “hold” rating to a “buy” rating.

Shares of Green Plains Partners LP (GPP) traded up $0.15 during midday trading on Tuesday, hitting $19.05. 23,000 shares of the company traded hands, compared to its average volume of 37,865. Green Plains Partners LP has a one year low of $17.30 and a one year high of $21.15. The company has a debt-to-equity ratio of -2.13, a current ratio of 1.30 and a quick ratio of 1.30. The stock has a market capitalization of $300.93, a PE ratio of 10.44, a P/E/G ratio of 0.70 and a beta of 0.98.

Green Plains Partners (NASDAQ:GPP) last announced its quarterly earnings results on Wednesday, November 1st. The transportation company reported $0.45 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.49 by ($0.04). Green Plains Partners had a net margin of 55.10% and a negative return on equity of 92.23%. The company had revenue of $26.45 million for the quarter, compared to analysts’ expectations of $28.36 million. During the same quarter in the prior year, the firm earned $0.44 EPS. Green Plains Partners’s quarterly revenue was up .9% compared to the same quarter last year. equities analysts anticipate that Green Plains Partners LP will post 1.8 EPS for the current year.

The business also recently declared a quarterly dividend, which was paid on Friday, November 10th. Investors of record on Friday, November 3rd were given a dividend of $0.46 per share. The ex-dividend date was Thursday, November 2nd. This represents a $1.84 annualized dividend and a dividend yield of 9.66%. This is a boost from Green Plains Partners’s previous quarterly dividend of $0.45. Green Plains Partners’s payout ratio is currently 101.66%.

Green Plains Partners LP provides fuel storage and transportation services. The Company owns, operates, develops and acquires ethanol and fuel storage facilities, terminals, transportation assets, and other related assets and businesses. The Company’s parent company is Green Plains Inc (Green Plains).

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