BPL stock: buy or sell?
August 19th, 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?Make a decision about when to buy or sell stocks is one of the hardest parts of being a trader or investor. That's why is so important to define your own trading strategy that matches with your character as inversor. There are thousands of trading strategies for you to choose, but at Stocks2.com we prefer those that are simple but successful.
Check the only buy setup that matches with Buckeye Partners stock now:
|New all-time high||No|
|New 52 week high||Yes|
|Price crossing up 200d MA||No|
|100d MA crossing up 200d MA||No|
Is Buckeye Partners stock a buy?
Everyday, hundreds of stock ratings are posted by financial analysts to indicate a particular stock's attractiveness.At Stocks2.com, we collected 8 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 remained steady -0.05% to $41.00 today.
Shares of Buckeye Partners remained stable a tight -0.05% and closed at $41.00. Since last May when SMA100d and SMA200d crossed up, BPL price gained $0.73 per share (1.81%). Since price and SMA50d lines crossed up on May, BPL climbed $9.61 (30.61%).
Buckeye Partners shares remained stable -0.05% this week, ending at $41.00.
Since SMA20d and SMA40w crossed up early May, BPL price climbed $8.79 per share (27.29%). Since mid February when BPL stock price broke up the SMA20w line, it gained $11.84 (40.60%).
BPL stock price history
BPL IPO was on December 16th, 1986 at $0.30 per share1. Since then, BPL stock surged a 13,566.70%, with a yearly average of 424.00%. If you had invested $1,000 in BPL stock in 1986, it would worth $135,667.00 today.
1: Adjusted price after possible price splits or reverse-splits.
BPL stock historical price chart
BPL stock reached 52-week highs on Friday at $41.28, and all-time highs 2014-11-21 with a price of 57.71.
BPL stock price target is $34.80How much a stock will be priced tomorrow or next week is quite unpredictable However, financial institutions invest time and resources to provide the most accurated estimations to help investors to make their decisions. We do not recommend to follow these stock price predictions without a critical thinking from your side, as their accuracy is usually low. For the last 30 days we found 4 price targets for BPL stock:
|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 amazing results for 2018-Q4 on February. Buckeye Partners climbed 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 resultsIn 2018, Buckeye Partners annual sales climbed an exceptional 12.61% to $4,108.27 million dollars from $3,648.15 marked in 2017. By contrast, its earnings margin (compared to sales) plunged 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 posted $1,074.78 M in sales for 2018-Q4, a 18.17% up compared to previous quarter. Reported quarter income marked $482.52 million 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 sales to same quarter last year, Buckeye Partners sales marked an astounding gain 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 invest in shares of a company, it's worth to overview 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.
The following table compares ownership indicators for other stocks related to Buckeye Partners:
|Market cap||$6.3 B||$0.0 M||$822.9 M||$2.9 B||$22.7 B|
|Total shares||153.9 M||0.0 M||45.2 M||105.4 M||474.4 M|
|Float shares||153.1 M||81.1 M||35.0 M||45.7 M||654.8 M|
|- Institutional holdings (%)||74.2%||59.3%||42.3%||32.6%||0.0%|
|- Insider holdings (%)||0.5%||36.9%||27.2%||57.0%||65.0%|
|Shares in short selling||0.0%||0.0%||0.0%||0.0%||0.0%|
|Monday, August 19th, 2019|
|Day range||$41.00 - $41.19|
|Average true range||$0.20|
|50d mov avg||$40.56|
|100d mov avg||$38.06|
|200d mov avg||$33.92|
Buckeye Partners performanceTo measure stock performance is always good to compare with competitors or related stocks. In the following table, we compare Buckeye Partners to , , Holly Energy Partners, Marathon Petroleum, and Pembina Pipeline:
|HEPHolly Energy Part...||1.18%||-3.07%||-4.65%|
Buckeye Partners competitorsWe chose a few stocks to conform a list of Buckeye Partners competitors to examine 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