Stock Updates

How has Magellan Midstream Partners LP:(NYSE:MMP) performed recently?

Magellan Midstream Partners LP (NYSE: MMP) is a large market cap stock with a market cap of 16323.64. It is in the Oil & Gas Pipelines industry and sector Basic Materials, with a current P/E of 19.13, a forward P/E of 19.08 and EPS of 3.74. At a stock price of 72.3 (0.96%) it has a dividend yield of 4.58%.

EPS growth for the last five years have been 20.30%, more recently this last year it has grown by -2.50%. The next year growth is going to be about 5.90% and more long-term 8.01% after five years. EPS growth quarter over quarter is -47.10%. Sales growth for the past five years have been 7.00% and sales growth quarter over quarter is -47.40%.

For performance, Magellan Midstream Partners LP the past week has seen a gain of 2.11%. For the last month performance for Magellan Midstream Partners LP is -4.14%. While the last quarter is 3.96% and half year, 23.49%. Finally for the year, performance is 8.22%.

The 52-week high for Magellan Midstream Partners LP, is at -5.57%, and for the 52-week low it comes to a value of 37.72%. The 20-day simple moving average is -0.64% and 8.69% for the 200-day simple moving average.

Volatility for the week is at 1.65%, and for the month it is 2.05%. Magellan Midstream Partners LP, has a target price of 78.18.

In terms of debt, long term debt/equity is 1.75, and for total debt/equity Magellan Midstream Partners LP has 1.88. The gross margin is 55.40%, while operating margin is 44.10%, the profit margin is 38.50%. The current ratio is 0.5 and the quick ratio is 0.3.

Insider ownership is at 0.10%, with instituitional ownership at 63.80%. Magellan Midstream Partners LP has a payout ratio of 82.50%. With the total shares outstanding coming to 227.95. The shares float is 227.29, with the float short at 2.00%, with short ratio coming to 6.17.

In terms of returns, the return on assets see Magellan Midstream Partners LP, get 13.70%, with its returns on investment at 17.60%. Return on equity is 42.20%. So will the investors see the target price of 78.18, reached soon?

Disclaimer: Remember there is a risk to your investment, this is not a recommendation, nor personal advice, never invest more than you are able too loose.


About the author

Mark Hines

Leave a Comment