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A look at a High Market Cap Stock: Magellan Midstream Partners LP, MMP

Magellan Midstream Partners LP, MMP is in the exchange NYSE and its industry is Oil & Gas Pipelines in the sector of Basic Materials. Based in USA, Magellan Midstream Partners LP, MMP  has a market cap of 16208.44. Since its IPO date on the 3/19/2001, Magellan Midstream Partners LP, MMP performance year to date is 6.57%. Today Magellan Midstream Partners LP, MMP has gained -0.17%, with a current price of 69.75.

Ownership of the company is 0.10% for insider ownership while institutional ownership is 63.40%. The management of the company have seen the company have a payout ratio of 82.50%. Return of assets are at 13.70%, with return on investment at 17.60%.

In terms of debt levels and profit levels, Magellan Midstream Partners LP, MMP is seeing a long-term debt/equity of 1.75. While Total debt/equity is 1.88. With a profit margin of 38.50%, this is combined with a gross margin of 55.40%, and operating margin of 44.10%. Magellan Midstream Partners LP ability to meet debt levels, with a current ratio of 0.5, while the quick ratio is 0.3.

For the last year Magellan Midstream Partners LP, MMP has seen a EPS growth of -2.50%. A performance for the year of 9.53%. The 52-week high is -8.90%, and the 52-week low is 32.86%. The average volume for Magellan Midstream Partners LP, MMP is 312000.

With a target price of 78.06, can Magellan Midstream Partners LP, MMP reach this target? Looking at the value indicators of Magellan Midstream Partners LP, MMP. Magellan Midstream Partners LP has a P/E of 18.66 and a forward P/E of 18.43. Perhaps the more useful indicator than P/E, is PEG which has a value of 2.33. Magellan Midstream Partners LP also has a P/S and a P/B of 7.31 and 7.82 respectively. For P/cash, Magellan Midstream Partners LP has a value of 472.55, while it is *TBA for P/free cash flow.

At the current price of 69.75, Magellan Midstream Partners LP has a dividend yield of 4.69%. We see a return on equity of 42.20%.

Looking more long-term Magellan Midstream Partners LP, is projected to get an EPS growth for the next five years of 8.01%. In the short-term an EPS growth of 7.42% in the next year is forecasted. This is after a EPS growth of -2.50% for this year and for the last five years a 20.30% growth has been seen.

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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Tony Dabbs

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