Andeavor to Post Q1 2018 Earnings of $0.55 Per Share, US Capital Advisors Forecasts (ANDV)

Andeavor (NYSE:ANDV) – US Capital Advisors reduced their Q1 2018 earnings per share (EPS) estimates for Andeavor in a research note issued on Monday, April 16th. US Capital Advisors analyst C. Weiland now expects that the oil and gas company will earn $0.55 per share for the quarter, down from their previous estimate of $0.71. US Capital Advisors also issued estimates for Andeavor’s Q3 2018 earnings at $3.53 EPS and FY2019 earnings at $10.37 EPS.

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Andeavor (NYSE:ANDV) last issued its earnings results on Thursday, February 15th. The oil and gas company reported $0.37 EPS for the quarter, missing analysts’ consensus estimates of $1.18 by ($0.81). The firm had revenue of $10.65 billion during the quarter, compared to the consensus estimate of $10.79 billion. Andeavor had a net margin of 4.37% and a return on equity of 6.86%.

A number of other equities analysts also recently issued reports on ANDV. Credit Suisse Group reiterated an “outperform” rating and set a $148.00 price target on shares of Andeavor in a research note on Wednesday, March 7th. JPMorgan Chase reiterated an “overweight” rating and set a $133.00 price target (up previously from $130.00) on shares of Andeavor in a research note on Tuesday, March 13th. ValuEngine downgraded Andeavor from a “buy” rating to a “hold” rating in a research note on Wednesday, December 20th. Piper Jaffray reiterated a “buy” rating and set a $138.00 price target on shares of Andeavor in a research note on Friday, February 23rd. Finally, Wells Fargo reiterated an “outperform” rating and set a $162.00 price target on shares of Andeavor in a research note on Thursday, March 15th. They noted that the move was a valuation call. Five analysts have rated the stock with a hold rating and fifteen have issued a buy rating to the stock. Andeavor presently has a consensus rating of “Buy” and an average price target of $126.94.

ANDV stock opened at $113.84 on Tuesday. The stock has a market cap of $17,000.20, a price-to-earnings ratio of 19.92, a P/E/G ratio of 1.21 and a beta of 1.38. The company has a debt-to-equity ratio of 0.57, a current ratio of 1.38 and a quick ratio of 0.65. Andeavor has a 52-week low of $75.11 and a 52-week high of $121.71.

Large investors have recently bought and sold shares of the stock. Daiwa SB Investments Ltd. bought a new stake in shares of Andeavor in the 4th quarter worth approximately $106,000. Cerebellum GP LLC bought a new stake in shares of Andeavor in the 4th quarter worth approximately $127,000. BB&T Investment Services Inc. bought a new stake in shares of Andeavor in the 4th quarter worth approximately $126,000. Tower Research Capital LLC TRC raised its holdings in shares of Andeavor by 1,082.9% in the 4th quarter. Tower Research Capital LLC TRC now owns 1,656 shares of the oil and gas company’s stock worth $189,000 after purchasing an additional 1,516 shares during the period. Finally, Park Avenue Securities LLC bought a new stake in shares of Andeavor in the 4th quarter worth approximately $201,000. 79.56% of the stock is currently owned by institutional investors.

In other news, VP Blane W. Peery sold 1,012 shares of the business’s stock in a transaction that occurred on Thursday, March 1st. The stock was sold at an average price of $89.64, for a total value of $90,715.68. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, Director Paul L. Foster sold 212,400 shares of the business’s stock in a transaction that occurred on Tuesday, April 10th. The stock was sold at an average price of $107.47, for a total value of $22,826,628.00. Following the completion of the transaction, the director now owns 1,379,220 shares in the company, valued at approximately $148,224,773.40. The disclosure for this sale can be found here. Insiders sold a total of 353,024 shares of company stock worth $39,348,881 in the last 90 days. Company insiders own 7.00% of the company’s stock.

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About Andeavor

Andeavor, formerly Tesoro Corporation, is an independent petroleum refining, logistics and marketing company. he Company operates through three segments. The Refining operating segment refines crude oil and other feedstocks into transportation fuels, such as gasoline and gasoline blendstocks, jet fuel and diesel fuel, as well as other products, including heavy fuel oils, liquefied petroleum gas and petroleum coke for sale in bulk markets to a range of customers within its markets.

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