Anticipated $0.25 EPS for Ferrellgas Partners, L.P. (FGP) on June, 8

May 17, 2018 - By Michael Day

Ferrellgas Partners, L.P. (NYSE:FGP) Corporate Logo
Big Money Sentiment increased to 0.74 in 2017 Q4. It has change of 0.06, from 2017Q3’s 0.68. The ratio is positive due to Ferrellgas Partners, L.P. positioning: 10 sold and 25 reduced. 13 funds amassed positions and 13 increased positions. Investors holded 6.00 million in 2017Q3 but now own 4.62 million shares or 22.94% less.
Goldman Sachs Grp Inc accumulated 50,039 shs or 0% of the stock. Financial Architects reported 3,000 shs or 0% of all its holdings. Morgan Stanley has invested 0% of its capital in Ferrellgas Partners, L.P. (NYSE:FGP). Advisory Network Ltd Liability Corporation owns 685 shs. Bb&T Securities Ltd accumulated 57,124 shs. Arrowstreet Ltd Partnership owns 18,000 shs for 0% of their capital. Focused Wealth Incorporated stated it has 0% of its capital in Ferrellgas Partners, L.P. (NYSE:FGP). Tortoise Inv Management Limited Liability reported 0% stake. Moreover, California Public Employees Retirement Sys has 0% invested in Ferrellgas Partners, L.P. (NYSE:FGP) for 214,000 shs. Ifc Fl reported 10,062 shs. Creative Planning invested 0% in Ferrellgas Partners, L.P. (NYSE:FGP). Jpmorgan Chase And reported 10 shs. Bancshares Of America Corporation De invested in 0% or 103,972 shs. Sei Invests stated it has 0% of its capital in Ferrellgas Partners, L.P. (NYSE:FGP). Albert D Mason Inc, Massachusetts-based fund reported 15,990 shs.

Ferrellgas Partners, L.P. registered $57,688 net activity with 4 insider buys and 0 selling transactions since March 13, 2018. Schwartz Doran N had bought 4,000 shs worth $13,808 on Tuesday, March 13. Hampton Trenton D had bought 6,000 shs worth $20,640 on Tuesday, March 13.

Ferrellgas Partners, L.P. (NYSE:FGP) is expected to reveal earnings on June, 8., as reported by RTT. This year’s earnings per share analyst estimate is expected to be $0.25. That is 257.14 % up compareed to $0.07 earnings per share for last year. If $0.25 is reported, FGP’s profit will hit $24.54M for 3.68 P/E. Analysts at Wall Street see Ferrellgas Partners, L.P.’s -48.98 % negative EPS growth compared to $0.49 earnings per share for previous quarter. FGP is reaching $3.68 during the last trading session, after increased 0.82%.Currently Ferrellgas Partners, L.P. is downtrending after 51.13% change in last May 17, 2017. FGP has 132,237 shares volume. FGP underperformed the S&P500 by 62.68%.

Ferrellgas Partners, L.P. (NYSE:FGP) Ratings Coverage

A total of 4 analysts rate Ferrellgas Partners (NYSE:FGP) as follows: 0 “Buy”, 2 “Hold” and 2 “Sell”. Тherefore 0 are bullish. (NYSE:FGP) has 4 ratings reports on May 17, 2018 according to StockzIntelligence. On Thursday, March 29 the company was maintained by UBS. On Tuesday, January 16 RBC Capital Markets maintained Ferrellgas Partners, L.P. (NYSE:FGP) with “Hold” rating. On Tuesday, January 9 the stock has “Hold” rating by Citigroup.

Ferrellgas Partners, L.P. distributes and sells propane and related equipment and supplies primarily in the United States.The company has $361.17 million market cap. It operates in two divisions: Propane Operations and Related Equipment Sales, and Midstream Operations.Last it reported negative earnings. The firm transports propane to propane distribution locations, tanks on customers' premises, or to portable propane tanks delivered to retailers.

More recent Ferrellgas Partners, L.P. (NYSE:FGP) news were brought out by Globenewswire.com, Globenewswire.com and Fool.com. The first one has “Ferrellgas Partners Announces New $575 Million Senior Secured Credit Facility” as a title and was brought out on May 07, 2018. The next is “Ferrellgas Partners Announces Extension of Upsized Accounts Receivable Securitization Facility” on May 14, 2018. And last was brought out on May 04, 2018, called “Better Buy: Ferrellgas Partners, LP vs. AmeriGas Partners”.

Ferrellgas Partners, L.P. (NYSE:FGP) Institutional Investors Chart

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