Ferrellgas Partners (FGP) Scheduled to Post Earnings on Thursday
Ferrellgas Partners (NYSE:FGP) will announce its Q413 earnings results on Thursday, September 26th. Analysts expect the company to announce earnings of ($0.31) per share and revenue of $349.88 million for the quarter.
Ferrellgas Partners (NYSE:FGP) traded down 0.32% during mid-day trading on Wednesday, hitting $21.86. 115,874 shares of the company’s stock traded hands. Ferrellgas Partners has a 52 week low of $15.21 and a 52 week high of $23.74. The stock’s 50-day moving average is $22.51 and its 200-day moving average is $21.. The company has a market cap of $1.728 billion and a P/E ratio of 35.31.
On a related note, analysts at Zacks downgraded shares of Ferrellgas Partners (NYSE:FGP) from an “outperform” rating to a “neutral” rating in a research note to investors on Tuesday, September 3rd. They now have a $24.00 price target on the stock.
Ferrellgas Partners, L.P. (NYSE:FGP) is a distributor of propane and related equipment and supplies to customers primarily in the United States and conduct its business as a single reportable operating segment.
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