Oiltanking Partners (OILT) Set to Announce Quarterly Earnings on Monday
Oiltanking Partners (NASDAQ:OILT) will announce its Q413 earnings results on Monday, February 24th. Analysts expect the company to announce earnings of $0.71 per share and revenue of $60.28 million for the quarter.
Oiltanking Partners (NASDAQ:OILT) opened at 63.35 on Friday. Oiltanking Partners has a 52 week low of $43.11 and a 52 week high of $67.47. The stock has a 50-day moving average of $63.61 and a 200-day moving average of $57.20. The company has a market cap of $2.464 billion and a P/E ratio of 30.35.
On the ratings front, analysts at MLV Capital initiated coverage on shares of Oiltanking Partners in a research note on Monday, December 2nd. They set a “buy” rating and a $68.00 price target on the stock. One analyst has rated the stock with a sell rating, one has issued a hold rating and three have assigned a buy rating to the stock. The stock presently has a consensus rating of “Hold” and an average target price of $62.64.
Oiltanking Partners, L.P. (NASDAQ:OILT) is engaged in the terminaling, storage and transportation of crude oil, refined petroleum products and liquefied petroleum gas.
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