BPL stock: buy or sell?

BPL stock price: $41.00 -0.05% At close on August 19th, 2019

Updated on:
August 19th, 2019

2

Buckeye Partners shares remained constant -0.05% to $41.00 today.

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:

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

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.

Is BPL a good stock to buy?
DateAnalyst / BrokerPrevious ratingCurrent rating
2019-8-12Argusn/aSell
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 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%).

BPL stock chart (daily)

Weekly outlook

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 chart (weekly)

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 $34.80

How 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:
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%
The price target for Buckeye Partners stock is $34.80, moving in a range between $38.00 and $30.00. 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 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.
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

In 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.

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 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%.
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 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:

BPLDCPGLOPHEPMPC
Market cap$6.3 B$0.0 M$822.9 M$2.9 B$22.7 B
Total shares153.9 M0.0 M45.2 M105.4 M474.4 M
Float shares153.1 M81.1 M35.0 M45.7 M654.8 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 selling0.0%0.0%0.0%0.0%0.0%

BPL summary

Monday, August 19th, 2019
Open$41.19
Close$41.00
Day range$41.00 - $41.19
Previous close$41.02
Session gain-0.05%
Average true range$0.20
50d mov avg$40.56
100d mov avg$38.06
200d mov avg$33.92
Daily pattern
Weekly pattern

Buckeye Partners performance

To 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:
Stock3m6m12m
BPLBuckeye Partners1.91%28.17%20.59%
DCP-22.09%-18.38%-36.08%
GLOP-11.56%-17.11%-18.23%
HEPHolly Energy Part...1.18%-3.07%-4.65%
MPCMarathon Petroleu...-4.97%-25.73%-41.49%
MPLX-9.88%-14.21%-17.59%
PBAPembina Pipeline4.58%4.94%13.04%

Buckeye Partners competitors

We 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