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Today’s Top Gainers in the Market Magellan Midstream Partners LP (NYSE:MMP) from Basic Materials

Today’s top gainers include the company Magellan Midstream Partners LP (NYSE:MMP) which is in the industry Oil & Gas Pipelines, gaining -0.30% today. In the last week its performance is 2.12%, and -4.99% for the past quarter. Currently, Magellan Midstream Partners LP, MMP has a target price of 78.33, so today’s gain of -0.30% is a significant step towards its target price. The GAP today is therefore 0.03%.

Magellan Midstream Partners LP (NYSE:MMP), has a market cap of 15940.05, and is based in USA. Insider ownership is at 0.10%, and institutional ownership is 62.90%.

At the current price of 69.98, it has a dividend yield of 4.69%, and its target price is 78.33. This is with a profit margin of 38.50%, and total debt/equity of 1.88. Magellan Midstream Partners LP (NYSE:MMP) has a P/E of 18.69, as well as a forward P/E of 18.51.

With a current EPS of 3.74, and a forecasted EPS growth for next year at 7.08%,Magellan Midstream Partners LP (NYSE:MMP) has had a EPS growth for the past five years at 20.30%. For the next five years EPS growth is projected to be 8.01%.

Performance for the year is 20.40%. Since its IPO date on 3/19/2001, the total performance to date is 6.73%.

Volume today for Magellan Midstream Partners LP (NYSE:MMP), is 324500, while its average volume is 630.27. Whilst the total gain today was -0.30%, it did have a day high of -7.37%.

Volatility for this week has been at 1.63%, and 1.44% for the month. The 52-week low for Magellan Midstream Partners LP, MMP has been 33.30%, while the 52-week-high has reached -8.60%.

Looking at its return of investments, which is 17.60%, and its return on assets is 13.70%. Magellan Midstream Partners LP (NYSE:MMP) has an operating margin of 44.10%. With a sales growth of 4.10% quarter over quarter. Bearing in mind that Magellan Midstream Partners LP, MMP is in the sector Basic Materials, its long-term debt/equity is 1.75, and has a current ratio of 0.5 and 0.3 for quick ratio.

So what is the value of Magellan Midstream Partners LP? Well its PEG is 2.33, and the P/S is 7.19, along with a P/B of 7.83. Meanwhile it has a p/cash of 464.72.

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.

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Stephen Butters

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