Share on StockTwits

Western Refining (NYSE:WNR) Director Ralph A. Schmidt sold 25,000 shares of the company’s stock in a transaction dated Monday, June 23rd. The stock was sold at an average price of $42.08, for a total transaction of $1,052,000.00. Following the transaction, the director now directly owns 233,648 shares of the company’s stock, valued at approximately $9,831,908. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link.

A number of research firms have recently commented on WNR. Analysts at Citigroup Inc. reiterated a “hold” rating on shares of Western Refining in a research note on Wednesday, May 7th. They now have a $43.00 price target on the stock, up previously from $41.00. Separately, analysts at Credit Suisse upgraded shares of Western Refining from a “neutral” rating to an “outperform” rating in a research note on Friday, May 2nd. Finally, analysts at Credit Suisse upgraded shares of Western Refining from a “neutral” rating to an “outperform” rating in a research note on Friday, May 2nd. They now have a $51.00 price target on the stock, up previously from $48.00. Seven research analysts have rated the stock with a hold rating and six have given a buy rating to the company. The stock currently has a consensus rating of “Hold” and an average target price of $41.70.

Western Refining (NYSE:WNR) traded down 5.39% on Wednesday, hitting $38.45. The stock had a trading volume of 4,749,622 shares. Western Refining has a one year low of $25.62 and a one year high of $45.00. The stock’s 50-day moving average is $40.28 and its 200-day moving average is $39.85. The company has a market cap of $3.068 billion and a price-to-earnings ratio of 14.23.

Western Refining (NYSE:WNR) last announced its earnings results on Tuesday, May 6th. The company reported $0.44 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.73 by $0.29. The company had revenue of $3.73 billion for the quarter, compared to the consensus estimate of $2.32 billion. During the same quarter in the prior year, the company posted $0.94 earnings per share. The company’s quarterly revenue was up 71.0% on a year-over-year basis. Analysts expect that Western Refining will post $3.93 EPS for the current fiscal year.

Western Refining, Inc (NYSE:WNR) is an independent crude oil refiner and marketer of refined products and also operates service stations and convenience stores.

Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.