BPL stock: buy or sell?

BPL stock price: $40.96 0.00% At close on May 21st, 2019

Updated on:
May 21st, 2019

3

Buckeye Partners ended today at $40.96 and stayed constant a tight 0.00%. On May 10th BPL rocketed an exceptional 22.02%.

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:

Buy setupElegible
New all-time highNo
New 52 week highNo
Price crossing up 200d MANo
100d MA crossing up 200d MAYes

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.

Is BPL a good stock to buy?
DateAnalyst / BrokerPrevious ratingCurrent rating
2019-5-15UBS GroupBuyNeutral
2019-5-13BarclaysOverweightEqual Weight
2019-3-8UBS GroupBuyNeutral
2019-3-11Mizuhon/aNeutral
2019-2-19Barclaysn/aBuy
2019-1-3Goldman Sachs Groupn/an/a
2019-1-16BarclaysEqual WeightOverweight

BPL stock analysis

Daily outlook

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.

BPL stock chart (daily)

Weekly outlook

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 chart (weekly)

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 $34.80

Predicting 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:
BPL stock price predictions
DateAnalyst / BrokerActionPrevious targetCurrent targetDiff
2019-3-8UBS GroupDowngradesn/a$33.25-
2019-2-19BarclaysReiteratesn/a$38.00-
2019-1-3Goldman Sachs GroupLowers Target$34.00$30.00-11.8%
2019-1-16BarclaysUpgrades$35.00$38.008.6%
(in average)$34.50$34.801.0%
Moving in a range from $38.00 and $30.00, the price target for BPL stock is $34.80. In average, analysts' outlook on BPL price target is stable from previous estimations.

Financials and fundamental analysis

Earnings date and Earnings per Share

Buckeye 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.
BPL earnings date and EPS evolution
QuarterReporting dateEstimated EPSActual EPSSurprise
2017-Q1-n/a0.88n/a
2017-Q2-n/a0.8n/a
2017-Q32017-11-030.920.83-9.8%
2017-Q42018-02-090.90.86-4.4%
2018-Q12018-05-040.770.74-3.9%
2018-Q22018-08-030.690.59-14.5%
2018-Q32018-11-020.680.57-16.2%
2018-Q42019-02-080.690.930.4%
2019-Q1-n/an/an/a
2019-Q2-n/an/an/a

Annual financial results

Compared 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.

BPL annual Sales and Income evolution
YearSalesYoYIncome/(margin)YoY
2013$5,070 M-$347 M6.9%-
2014$6,620 M30.58%$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 M12.31%$479 M13.1%-10.61%
2018$4,108 M12.61%$-59.04 M-1.4%-112.33%

Quarterly financial results

Buckeye 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%.
BPL quarterly Sales and Income evolution
QuarterSales1QoQ2Income1/(margin)QoQ2
2017-Q1$967 M-$123.58 M12.8%-
2017-Q2$806 M-16.66%$112.72 M14.0%-8.79%
2017-Q3$923 M14.51%$116.19 M12.6%3.08%
2017-Q4$946 M2.54%$126.32 M13.4%8.72%
2018-Q1$1,183 M25.06%$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 M18.17%$482.52 M44.9%-164.70%

Buckeye Partners ownership

When 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:

BPLANDXDCPGLOPHEP
Market cap$6.3 B$8.7 B$4.7 B$959.9 M$2.9 B
Total shares153.9 M245.6 M143.3 M45.5 M105.4 M
Float shares146.6 M89.2 M78.6 M32.9 M45.7 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 selling0.0%0.0%0.0%0.0%0.0%

BPL summary

Tuesday, May 21st, 2019
Open$40.96
Close$40.96
Day range$40.95 - $41.00
Previous close$40.96
Session gain0.00%
Average true range$1.08
50d mov avg$34.54
100d mov avg$32.51
200d mov avg$32.20
Daily patternlb02a
Weekly pattern lt06a

Buckeye Partners performance

Stocks 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.
Stock3m6m12m
BPLBuckeye Partners25.76%41.10%25.61%
ANDX4.10%4.56%-7.49%
DCP3.75%-0.27%-11.68%
GLOP-2.58%-2.94%-4.99%
HEPHolly Energy Part...-1.15%1.40%4.47%
MPCMarathon Petroleu...-17.22%-12.10%-28.60%
MPLX-2.76%2.49%-2.85%
PBAPembina Pipeline1.33%15.94%16.35%

Buckeye Partners competitors

We 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