Stock Updates

Is this Large Market Cap Stock target price reasonable for Buckeye Partners, L.P. (NYSE:BPL)?

The company in question is, Buckeye Partners, L.P. (NYSE:BPL) currently with a stock price of 68.98 (-1.40% today). The market cap for Buckeye Partners, L.P. is 9031.84, and is in the sector Basic Materials, and Oil & Gas Pipelines industry. The target price for Buckeye Partners, L.P. is *TBA. Currently Buckeye Partners, L.P. is trading with a P/E of 18, and a forward P/E of 16.11. Average volume for Buckeye Partners, L.P. is 372.47 and so far today it is 132722.

Performance in the last year for Buckeye Partners, L.P. has been 7.37%. For EPS growth, Buckeye Partners, L.P. has seen a growth of 22.80%, and is looking to grow in the next year to 4.60%. More long term stats show that EPS growth has been 15.60% over the last five years and could be 3.60% for the next five years. Buckeye Partners, L.P. has seen sales growth quarter over quarter at -2.50%, with EPS growth quarter over quarter at 49.90%. The 20-day simple moving average is -2.05%, with the 200-day simple moving average coming to 4.38%.

Since the IPO date for Buckeye Partners, L.P. on the 12/17/1986, Buckeye Partners, L.P. has seen performance year to date to be 11.96%. With Buckeye Partners, L.P. trading at 68.98, the dividend yield is 6.93%, and the EPS is 3.89.

So could Buckeye Partners, L.P., be undervalued? Well as said before P/E is 18. The PEG is 5, P/S is 2.89 and the P/B is at 2.4. The P/cash is 610.26, with P/free cash flow at *TBA.

Buckeye Partners, L.P. ability to deal with debt shows that the current ratio is 1, and the quick ratio is 0.6. This is with long term debt/equity at 0.98, and total debt/equity at 1.03.

In terms of margins, Buckeye Partners, L.P. has a gross margin of 50.30%, an operating margin of 22.10% and a profit margin of 16.20%.Payout ratio for Buckeye Partners, L.P. is 121.00%. Return on assets come to 6.00% with return on investment coming to 8.00%.

Insider ownership for Buckeye Partners, L.P., is at 0.10% and institutional ownership comes to 69.60%. Outstanding shares are at 129.1. While shares float is 129.1. The float short is currently 2.72%, and short ratio is 9.44.

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

Peter Clarke

Leave a Comment