Analysts See $1.55 EPS for Sprague Resources LP (SRLP); Profile of 1 Analysts Covering CSI Compressco LP (CCLP)

April 17, 2018 - By Michael Collier

Sprague Resources LP (NYSE:SRLP) Logo

Among 5 analysts covering CSI Compressco LP (NASDAQ:CCLP), 1 have Buy rating, 1 Sell and 3 Hold. Therefore 20% are positive. CSI Compressco LP had 22 analyst reports since July 29, 2015 according to SRatingsIntel. Bank of America maintained CSI Compressco LP (NASDAQ:CCLP) on Wednesday, August 23 with “Underperform” rating. Stifel Nicolaus downgraded CSI Compressco LP (NASDAQ:CCLP) on Friday, January 22 to “Hold” rating. The company was downgraded on Monday, October 5 by Raymond James. On Friday, September 23 the stock rating was upgraded by Janney Capital to “Buy”. The rating was initiated by Wells Fargo with “Market Perform” on Wednesday, September 2. The rating was maintained by RBC Capital Markets on Sunday, October 29 with “Hold”. The stock has “Hold” rating by Stifel Nicolaus on Tuesday, January 30. RBC Capital Markets maintained the shares of CCLP in report on Sunday, August 20 with “Hold” rating. As per Thursday, August 24, the company rating was maintained by Stifel Nicolaus. On Monday, September 25 the stock rating was maintained by RBC Capital Markets with “Hold”. See CSI Compressco LP (NASDAQ:CCLP) latest ratings:

01/03/2018 Broker: RBC Capital Markets Rating: Hold New Target: $8.0 Maintain
28/02/2018 Broker: Stifel Nicolaus Old Rating: Hold New Rating: Hold Old Target: $7 New Target: $8 Maintain
30/01/2018 Broker: Stifel Nicolaus Rating: Hold New Target: $7.0 Maintain
09/11/2017 Broker: RBC Capital Markets Rating: Hold New Target: $6.0 Maintain
03/11/2017 Broker: Stifel Nicolaus Rating: Hold New Target: $5.0 Maintain
29/10/2017 Broker: RBC Capital Markets Rating: Hold New Target: $5.0 Maintain

Analysts expect Sprague Resources LP (NYSE:SRLP) to report $1.55 EPS on May, 14.They anticipate $1.39 EPS change or 47.28% from last quarter’s $2.94 EPS. SRLP’s profit would be $35.23 million giving it 3.77 P/E if the $1.55 EPS is correct. After having $-0.63 EPS previously, Sprague Resources LP’s analysts see -346.03% EPS growth. The stock decreased 0.64% or $0.15 during the last trading session, reaching $23.4. About 24,411 shares traded. Sprague Resources LP (NYSE:SRLP) has declined 11.28% since April 17, 2017 and is downtrending. It has underperformed by 22.83% the S&P500.

Among 7 analysts covering Sprague Resources (NYSE:SRLP), 4 have Buy rating, 2 Sell and 1 Hold. Therefore 57% are positive. Sprague Resources had 11 analyst reports since August 10, 2015 according to SRatingsIntel. The firm has “Outperform” rating given on Monday, January 4 by Raymond James. Janney Capital upgraded Sprague Resources LP (NYSE:SRLP) on Monday, March 20 to “Buy” rating. J.P. Morgan initiated Sprague Resources LP (NYSE:SRLP) rating on Tuesday, November 21. J.P. Morgan has “Hold” rating and $27.0 target. FBR Capital initiated Sprague Resources LP (NYSE:SRLP) rating on Friday, September 9. FBR Capital has “Outperform” rating and $35 target. The company was maintained on Wednesday, March 14 by FBR Capital. The rating was downgraded by J.P. Morgan on Friday, April 6 to “Sell”. B. Riley & Co maintained Sprague Resources LP (NYSE:SRLP) on Tuesday, December 19 with “Buy” rating. On Friday, April 6 the stock rating was downgraded by JP Morgan to “Underweight”.

Investors sentiment increased to 1.18 in 2017 Q4. Its up 0.29, from 0.89 in 2017Q3. It improved, as 3 investors sold Sprague Resources LP shares while 8 reduced holdings. 4 funds opened positions while 9 raised stakes. 4.85 million shares or 2.98% less from 5.00 million shares in 2017Q3 were reported. Kayne Anderson Capital Advsrs Lp stated it has 829,054 shares. Toronto Dominion National Bank holds 17 shares. Acadian Asset Mngmt Ltd Liability Com accumulated 24,929 shares. Bnp Paribas Arbitrage holds 0% of its portfolio in Sprague Resources LP (NYSE:SRLP) for 3,502 shares. Van Eck Corporation owns 85,230 shares or 0.01% of their US portfolio. Deutsche National Bank Ag holds 21,017 shares or 0% of its portfolio. Advantus Cap Mgmt accumulated 72,998 shares. Bancorporation Of America De reported 0% of its portfolio in Sprague Resources LP (NYSE:SRLP). Moreover, First Republic Inv Mgmt has 0% invested in Sprague Resources LP (NYSE:SRLP) for 12,475 shares. Citigroup holds 0% or 650 shares in its portfolio. Morgan Stanley has invested 0% in Sprague Resources LP (NYSE:SRLP). Goldman Sachs Grp has 0.01% invested in Sprague Resources LP (NYSE:SRLP) for 1.21 million shares. Royal Natl Bank Of Canada has invested 0% of its portfolio in Sprague Resources LP (NYSE:SRLP). Fort Washington Investment Advisors Inc Oh reported 0% stake. Raymond James And holds 0% in Sprague Resources LP (NYSE:SRLP) or 23,416 shares.

Sprague Resources LP engages in the purchase, storage, distribution, and sale of refined petroleum products and natural gas in the United States. The company has market cap of $531.82 million. The firm operates through four divisions: Refined Products, Natural Gas, Materials Handling, and Other Operations. It has a 20.71 P/E ratio. The Refined Products segment purchases and sells various refined products, such as heating oil, diesel fuel, residual fuel oil, kerosene, jet fuel, gasoline, and asphalt to wholesale and commercial customers.

Sprague Resources LP (NYSE:SRLP) Institutional Positions Chart

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