PetroLogistics (PDH) Scheduled to Post Quarterly Earnings on Thursday
PetroLogistics (NYSE:PDH) will be issuing its Q1 quarterly earnings data on Thursday, April 24th. Parties that wish to listen to the company’s conference call can do so using this link.
PetroLogistics (NYSE:PDH) last issued its quarterly earnings data on Thursday, February 6th. The company reported $0.25 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.26 by $0.01. On average, analysts expect PetroLogistics to post $1.32 EPS for the current fiscal year and $1.27 EPS for the next fiscal year.
PetroLogistics (NYSE:PDH) opened at 12.80 on Wednesday. PetroLogistics has a 52-week low of $10.37 and a 52-week high of $14.50. The stock has a 50-day moving average of $12.61 and a 200-day moving average of $12.11. The company has a market cap of $1.782 billion and a price-to-earnings ratio of 9.84.
On a related note, analysts at Zacks downgraded shares of PetroLogistics from a “neutral” rating to an “underperform” rating in a research note on Tuesday, April 8th. They now have a $12.00 price target on the stock. One research analyst has rated the stock with a sell rating, three have issued a hold rating and two have assigned a buy rating to the stock. PetroLogistics currently has an average rating of “Hold” and an average price target of $13.70.
PetroLogistics LP owns and operates propane dehydrogenation (NYSE:PDH) facility.
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