Media stories about Aegean Marine Petroleum Network (NYSE:ANW) have trended somewhat positive on Saturday, Accern Sentiment Analysis reports. The research firm identifies positive and negative press coverage by analyzing more than 20 million news and blog sources in real time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Aegean Marine Petroleum Network earned a news sentiment score of 0.22 on Accern’s scale. Accern also assigned media coverage about the oil and gas company an impact score of 44.8095825466607 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the near future.
A number of analysts recently issued reports on the stock. ValuEngine upgraded shares of Aegean Marine Petroleum Network from a “hold” rating to a “buy” rating in a research note on Friday, December 1st. Jefferies Group assumed coverage on shares of Aegean Marine Petroleum Network in a research note on Monday, December 18th. They issued a “buy” rating and a $7.00 price target for the company. Stifel Nicolaus dropped their price target on shares of Aegean Marine Petroleum Network from $9.00 to $8.00 and set a “buy” rating for the company in a research note on Wednesday, November 8th. Finally, Zacks Investment Research lowered shares of Aegean Marine Petroleum Network from a “hold” rating to a “sell” rating in a research note on Friday, November 10th. One research analyst has rated the stock with a sell rating, one has given a hold rating and three have given a buy rating to the stock. Aegean Marine Petroleum Network has an average rating of “Hold” and an average price target of $7.00.
Shares of Aegean Marine Petroleum Network (NYSE:ANW) traded down $0.05 during trading hours on Friday, hitting $4.45. 57,805 shares of the company were exchanged, compared to its average volume of 240,472. The company has a current ratio of 1.56, a quick ratio of 1.19 and a debt-to-equity ratio of 0.71. The company has a market capitalization of $180.85, a price-to-earnings ratio of 11.41 and a beta of 1.90. Aegean Marine Petroleum Network has a fifty-two week low of $3.20 and a fifty-two week high of $13.00.
Aegean Marine Petroleum Network (NYSE:ANW) last issued its quarterly earnings results on Wednesday, November 15th. The oil and gas company reported ($0.10) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.10 by ($0.20). The company had revenue of $1.34 billion during the quarter, compared to the consensus estimate of $1.31 billion. Aegean Marine Petroleum Network had a return on equity of 4.26% and a net margin of 0.28%. The firm’s quarterly revenue was up 17.9% on a year-over-year basis. During the same quarter last year, the firm posted $0.36 EPS. analysts forecast that Aegean Marine Petroleum Network will post 0.01 earnings per share for the current fiscal year.
In other Aegean Marine Petroleum Network news, major shareholder Shah Capital Opportunity Fund bought 6,200 shares of the stock in a transaction on Friday, December 29th. The stock was purchased at an average price of $4.25 per share, for a total transaction of $26,350.00. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, major shareholder & Co Towle bought 49,000 shares of the stock in a transaction on Tuesday, January 16th. The shares were acquired at an average price of $4.66 per share, with a total value of $228,340.00. The disclosure for this purchase can be found here. In the last 90 days, insiders purchased 251,631 shares of company stock valued at $1,173,028.
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Aegean Marine Petroleum Network Company Profile
Aegean Marine Petroleum Network Inc is an international marine fuel logistics company. The Company markets and physically supplies refined marine fuel and lubricants to vessels in port, at sea and on rivers. As a physical supplier, the Company procures marine fuel from refineries, oil producers and other sources, and resells and delivers these fuels from its bunkering vessels to a range of end users.
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