Andeavor (NYSE:ANDV) – Equities research analysts at US Capital Advisors upped their Q2 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 $2.84 per share for the quarter, up from their previous estimate of $2.77. US Capital Advisors also issued estimates for Andeavor’s Q4 2018 earnings at $1.40 EPS and FY2018 earnings at $8.31 EPS.
Several other equities analysts have also recently weighed in on the stock. JPMorgan Chase reissued an “overweight” rating and issued a $130.00 target price (down from $138.00) on shares of Andeavor in a research note on Tuesday, February 20th. Zacks Investment Research raised shares of Andeavor from a “hold” rating to a “buy” rating and set a $133.00 target price for the company in a research note on Monday, January 22nd. Barclays reissued a “buy” rating and issued a $162.00 target price on shares of Andeavor in a research note on Wednesday, January 10th. Royal Bank of Canada reissued a “hold” rating and issued a $112.00 target price on shares of Andeavor in a research note on Friday, February 23rd. Finally, Citigroup reissued a “neutral” rating on shares of Andeavor in a research note on Monday, January 22nd. Five analysts have rated the stock with a hold rating and fifteen have assigned a buy rating to the company. The company currently has a consensus rating of “Buy” and an average target price of $126.94.
NYSE ANDV opened at $115.48 on Wednesday. The company has a debt-to-equity ratio of 0.57, a quick ratio of 0.65 and a current ratio of 1.38. Andeavor has a 12-month low of $75.11 and a 12-month high of $121.71. The company has a market capitalization of $17,504.55, a PE ratio of 20.51, a price-to-earnings-growth ratio of 1.25 and a beta of 1.39.
Andeavor (NYSE:ANDV) last posted its quarterly earnings data on Thursday, February 15th. The oil and gas company reported $0.37 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $1.18 by ($0.81). Andeavor had a net margin of 4.37% and a return on equity of 6.86%. The business had revenue of $10.65 billion during the quarter, compared to analyst estimates of $10.79 billion.
In other news, Director Paul L. Foster sold 51,700 shares of the business’s stock in a transaction dated Thursday, January 18th. The shares were sold at an average price of $120.97, for a total value of $6,254,149.00. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, VP Blane W. Peery sold 1,012 shares of the business’s stock in a transaction dated Thursday, March 1st. The shares were sold at an average price of $89.64, for a total transaction of $90,715.68. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 353,024 shares of company stock valued at $39,348,881. Company insiders own 7.00% of the company’s stock.
Several institutional investors have recently made changes to their positions in ANDV. Parametric Portfolio Associates LLC bought a new stake in shares of Andeavor in the third quarter valued at about $62,871,000. Prudential Financial Inc. bought a new stake in shares of Andeavor in the third quarter valued at about $150,513,000. Polianta Ltd bought a new stake in shares of Andeavor in the fourth quarter valued at about $1,292,000. DnB Asset Management AS boosted its position in shares of Andeavor by 9.2% in the fourth quarter. DnB Asset Management AS now owns 19,000 shares of the oil and gas company’s stock valued at $2,172,000 after acquiring an additional 1,600 shares during the period. Finally, Leavell Investment Management Inc. bought a new stake in shares of Andeavor in the fourth quarter valued at about $370,000. 79.56% of the stock is owned by institutional investors.
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Andeavor Company Profile
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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