TransMontaigne Partners (TLP) Given News Impact Rating of 0.02

News articles about TransMontaigne Partners (NYSE:TLP) have trended somewhat positive this week, Accern Sentiment reports. Accern identifies negative and positive news coverage by monitoring more than twenty million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. TransMontaigne Partners earned a daily sentiment score of 0.02 on Accern’s scale. Accern also gave news coverage about the pipeline company an impact score of 46.1979918082813 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the near term.

Several analysts recently weighed in on the stock. B. Riley set a $45.00 target price on shares of TransMontaigne Partners and gave the company a “neutral” rating in a report on Monday, December 18th. Zacks Investment Research cut shares of TransMontaigne Partners from a “buy” rating to a “hold” rating in a report on Wednesday, October 11th. Wells Fargo & Co started coverage on shares of TransMontaigne Partners in a report on Thursday, November 30th. They issued a “market perform” rating and a $44.00 target price on the stock. Finally, UBS Group increased their price target on shares of TransMontaigne Partners from $52.00 to $53.00 and gave the company a “buy” rating in a research note on Thursday, November 9th. One analyst has rated the stock with a sell rating, three have assigned a hold rating and four have given a buy rating to the company. TransMontaigne Partners currently has an average rating of “Hold” and a consensus price target of $49.00.

TransMontaigne Partners (NYSE:TLP) opened at $38.98 on Thursday. TransMontaigne Partners has a 1 year low of $37.40 and a 1 year high of $49.31. The company has a current ratio of 0.85, a quick ratio of 0.85 and a debt-to-equity ratio of 0.82. The stock has a market cap of $630.59, a P/E ratio of 15.98 and a beta of 0.21.

TransMontaigne Partners (NYSE:TLP) last posted its quarterly earnings data on Wednesday, November 8th. The pipeline company reported $0.47 earnings per share for the quarter, missing analysts’ consensus estimates of $0.72 by ($0.25). TransMontaigne Partners had a net margin of 27.49% and a return on equity of 13.16%. The firm had revenue of $45.45 million during the quarter, compared to analysts’ expectations of $46.10 million. During the same quarter last year, the business earned $0.58 earnings per share. The business’s quarterly revenue was up 11.8% on a year-over-year basis. research analysts predict that TransMontaigne Partners will post 2.31 EPS for the current year.

In other news, Director Steven A. Blank acquired 1,000 shares of the stock in a transaction that occurred on Friday, November 17th. The shares were purchased at an average cost of $39.56 per share, for a total transaction of $39,560.00. The acquisition was disclosed in a document filed with the SEC, which is available through this hyperlink. Company insiders own 20.40% of the company’s stock.

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TransMontaigne Partners Company Profile

TransMontaigne Partners L.P. is a terminaling and transportation company with operations in the United States along the Gulf Coast, in the Midwest, in Houston and Brownsville, Texas, along the Mississippi and Ohio Rivers, and in the Southeast. The Company operates its business in five principal business segments: Gulf Coast terminals, Midwest terminals and pipeline system, Brownsville terminals, River terminals and Southeast terminals.

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