BPL stock: buy or sell?
May 21st, 2019
Buckeye Partners, L.P. owns and operates liquid petroleum products pipelines in the United States. The company operates through three segments: Domestic Pipelines & Terminals, Global Marine Terminals, and Merchant Services.
Should I buy BPL stock?Even if you are a experienced or a novel trader, best trading results come from using an investing strategy that never leaves to random or subjective opinions when is the best moment to buy or sell stocks. Following a trading strategy helps to make decisions easier, quicker and with less hesitations. At Stocks2.com, we like to use very simple but trusted and powerful trend following trading strategies. Simple things usually work the best.
Just 1 of our buy setups matches with Buckeye Partners stock now:
|New all-time high||No|
|New 52 week high||No|
|Price crossing up 200d MA||No|
|100d MA crossing up 200d MA||Yes|
Is Buckeye Partners stock a buy?
Everyday, hundreds of stock ratings are published by financial analysts to indicate a particular stock's attractiveness.At Stocks2.com, we gathered 7 ratings published for BPL stock in the last 30 days.
|Date||Analyst / Broker||Previous rating||Current rating|
|2019-1-3||Goldman Sachs Group||n/a||n/a|
BPL stock analysis
Buckeye Partners shares stayed constant 0.00% to $40.96 today.
Shares of Buckeye Partners ended today at $40.96 and stayed steady a tight 0.00%. Since SMA100d and SMA200d crossed up on Friday, BPL price slid a -0.12%. Since price and SMA200d lines crossed up on March, BPL climbed $10.05 (32.51%). BPL is retaking the upward trend marking a new rising bottom heading to break out over $41.88.
Shares of Buckeye Partners closed this week at $40.96 and stayed stable a tight -0.05%. Early May BPL rocketed an astounding 20.00% in just one week.
Buckeye Partners stock is trading in the range of its last top and last bottom. Loosing would mean breaking the current uptrend. Breakdowns under last bottom are selling point signals for some trading strategies. Since SMA20d and SMA40w crossed up early May, BPL price climbed $8.16 per share (24.88%). By mid February BPL price bounced up over the SMA of 20 weeks that acted as support stopping new slides.
BPL stock price history
BPL stock went public on December 16th, 1986 with a price of $0.301. Since then, BPL stock surged a 13,553.30%, with an average of 423.50% per year. If you had invested $1,000 in BPL stock in 1986, it would worth $135,533.00 today.
1: Adjusted price after possible price splits or reverse-splits.
BPL stock historical price chart
BPL stock reached 52-week highs on May 10th at $41.88, and all-time highs 2014-11-21 with a price of 58.77.
BPL stock price target is $34.80Predicting the price evolution of a stock or any financial instrument in a reliable and repeatable way is probably impossible. However, banks and other financial institutions analysts, with the help of lots of data and algorithms do their best to predict the stock prices movement. You should not follow the analysts' BPL stock price predictions in the hope that they will be met as they may be wrong and not met. We found 4 price targets for Buckeye Partners stock published in the last 30 days:
|Date||Analyst / Broker||Action||Previous target||Current target||Diff|
|2019-1-3||Goldman Sachs Group||Lowers Target||$34.00||$30.00||-11.8%|
Financials and fundamental analysis
Earnings date and Earnings per ShareBuckeye Partners presented dazzling results for 2018-Q4 on February. Buckeye Partners boosted Earnings per Share (EPS) by 30.40%, beating experts of $0.69. Buckeye Partners posted $0.90.
|Quarter||Reporting date||Estimated EPS||Actual EPS||Surprise|
Annual financial resultsCompared to 2017, last anual revenues report draw a super good gain of 12.61% to $4,108.27 M dollars. By contrast, its earnings margin (compared to sales) collapsed to -1.44%, that is $-59.04 million.
|2013||$5,070 M||-||$347 M6.9%||-|
|2014||$6,620 M||30.58%||$273 M4.1%||-21.44%|
|2015||$3,453 M||-47.84%||$437 M12.7%||60.18%|
|2016||$3,248 M||-5.94%||$536 M16.5%||22.50%|
|2017||$3,648 M||12.31%||$479 M13.1%||-10.61%|
|2018||$4,108 M||12.61%||$-59.04 M-1.4%||-112.33%|
Quarterly financial resultsBuckeye Partners reported $1,074.78 million in sales for 2018-Q4, a 18.17% improvement compared to previous quarter. Reported quarter income marked $482.52 M with a profit margin of 44.89%. Profit margin rocketed a 126.90% compared to previous quarter when profit margin was -82.00%. When comparing turnover to same quarter last year, Buckeye Partners sales marked an amazing growth and skyrocketed a 13.61%.
|2017-Q1||$967 M||-||$123.58 M12.8%||-|
|2017-Q2||$806 M||-16.66%||$112.72 M14.0%||-8.79%|
|2017-Q3||$923 M||14.51%||$116.19 M12.6%||3.08%|
|2017-Q4||$946 M||2.54%||$126.32 M13.4%||8.72%|
|2018-Q1||$1,183 M||25.06%||$112.37 M9.5%||-11.04%|
|2018-Q2||$941 M||-20.48%||$91.90 M9.8%||-18.22%|
|2018-Q3||$910 M||-3.33%||$-745.84 M-82.0%||-911.54%|
|2018-Q4||$1,075 M||18.17%||$482.52 M44.9%||-164.70%|
Buckeye Partners ownershipWhen you are planning to buy shares of a stock, it's worth to review its ownership structure.
Management staff in all public traded companies that hold equity is required to report every transaction to the SEC. For Buckeye Partners, 0.49% of all outstanding shares are owned by its staff.
In case of Buckeye Partners stock, 74.24% of its shares are held by institutions (mutual funds, pension funds, big banks and other large financial institutions). Bearish positions for BPL stock account 0.00%, no big difference from last month.
For a better context understanding, the next table shows ownership data compared to other related companies:
|Market cap||$6.3 B||$8.7 B||$4.7 B||$959.9 M||$2.9 B|
|Total shares||153.9 M||245.6 M||143.3 M||45.5 M||105.4 M|
|Float shares||146.6 M||89.2 M||78.6 M||32.9 M||45.7 M|
|- Institutional holdings (%)||74.2%||37.6%||59.3%||42.3%||32.6%|
|- Insider holdings (%)||0.5%||64.2%||36.9%||27.2%||57.0%|
|Shares in short selling||0.0%||0.0%||0.0%||0.0%||0.0%|
|Tuesday, May 21st, 2019|
|Day range||$40.95 - $41.00|
|Average true range||$1.08|
|50d mov avg||$34.54|
|100d mov avg||$32.51|
|200d mov avg||$32.20|
Buckeye Partners performanceStocks performance is always measured in comparision to the market or competitors and related stocks in the same industry. For Buckeye Partners, the comparison is made against , , , Holly Energy Partners, Marathon Petroleum, and Pembina Pipeline.
|HEPHolly Energy Part...||-1.15%||1.40%||4.47%|
Buckeye Partners competitorsWe selected a few stocks to conform a list of Buckeye Partners competitors to check if you are interested in investing in BPL:
Latest BPL stock news
- Seeking AlphaA Distribution Cut For Buckeye Partners Is Not InconsequentialAugust 29, 2018
- Seeking AlphaBuckeye Partners: Follow The 'Smart' MoneyJuly 27, 2018
- Seeking AlphaBuckeye Partners Contrarian OpportunityJuly 20, 2018
- Seeking AlphaBuckeye Partners: Follow Cash Flow From OperationsMay 31, 2018