While Genesis Energy L.P. has overperformed by 1.45%, investors are advised to look at stock chart patterns for technical insight. Within its last year performance, GEL rose by 1.45%, with highs and lows ranging from $12.78 to $8.05, whereas the simple moving average jumped by 9.32% in the last 200 days.
On March 28, 2023, CapitalOne started tracking Genesis Energy L.P. (NYSE: GEL) recommending Equal Weight. CapitalOne also Downgraded GEL shares as ‘Equal Weight’, setting a target price of $11 on the company’s shares in a report dated November 23, 2021. Barclays October 14, 2021d the rating to Equal Weight on October 14, 2021, and set its price target from $10 to $12. Barclays October 15, 2020d its ‘Equal Weight’ rating to ‘Overweight’ for GEL, as published in its report on October 15, 2020. UBS’s report from March 16, 2020 suggests a price prediction of $8 for GEL shares, giving the stock a ‘Buy’ rating. UBS also rated the stock as ‘Neutral’.
Analysis of Genesis Energy L.P. (GEL)
GEL currently pays a dividend of $0.60 per share, which means investors will get a return regardless of the company’s performance over the next few months. Further, the quarter-over-quarter increase in sales is 8.41%, showing a positive trend in the upcoming months.
In order to gain a clear picture of Genesis Energy L.P.’s future performance, a variety of well-rounded analysis and research techniques can be applied, with equity being the most critical. The goal here is to ensure that your current return on equity of 8.39% is sufficient for you to turn a profit off your investment. Taking into account the quick ratio of the company, currently set at 0.86, you can see that the company can cover any debts it may have, which can easily be seen in the annual report of the company.
An average volume of 348.68K can be a very valuable indicator of volatility for GEL stock. On a monthly basis, the volatility of the stock is set at 3.59%, whereas on a weekly basis, it is put at 3.65%, with a gain of 8.01% over the past seven days. Furthermore, long-term investors anticipate a median target price of $13.67, showing growth from the present price of $11.86, which can serve as yet another indication of whether GEL is worth investing in or should be passed over.
How Do You Analyze Genesis Energy L.P. Shares?
The USA based company Genesis Energy L.P. (GEL) is one of the biggest names in Oil & Gas Midstream. When comparing Genesis Energy L.P. shares with other companies under Energy, the P/E value is an influential factor to note. This is because it represents an indication of the future growth of the company in terms of investors’ expectations. Ultimately, the value of the latter should demonstrate steady, rapid growth, which is an accurate measure of the company’s progress. In addition to the value of 53.84, there is a growth in quarterly earnings of -153.21%.
In addition to the fundamentals, you should also consider how many employees own shares in the company. This is because the values should be in line with investors’ expectations. As such, the current holdings of company stock inside the company are set at 14.55%. This can enable you to see the extent to which executives own the company’s stock. As opposed to executive stock, institutional ownership accounts for 65.56% of the company’s shares, contributing to an indication of company value, since large shareholders may signify strength within the organization.
GEL shares are owned by institutional investors to the tune of 65.56% at present.
