Western Refining Logistics Hits New 52-Week High at $35.96 (WNRL)
Western Refining Logistics (NASDAQ:WNRL)’s share price hit a new 52-week high on Wednesday , AnalystRatings.NET reports. The company traded as high as $35.96 and last traded at $35.45, with a volume of 26,296 shares. The stock had previously closed at $34.37.
Several analysts have recently commented on the stock. Analysts at Goldman Sachs upgraded shares of Western Refining Logistics from a “neutral” rating to a “buy” rating in a research note on Thursday, July 24th. Analysts at Citigroup Inc. upgraded shares of Western Refining Logistics to a “buy” rating in a research note on Monday, July 7th. Two analysts have rated the stock with a hold rating and five have given a buy rating to the stock. Western Refining Logistics currently has an average rating of “Buy” and a consensus target price of $38.80.
The stock has a 50-day moving average of $32.40 and a 200-day moving average of $32.10. The company’s market cap is $1.592 billion.
Western Refining Logistics (NASDAQ:WNRL) last released its earnings data on Tuesday, August 5th. The company reported $0.24 EPS for the quarter, missing the Thomson Reuters consensus estimate of $0.28 by $0.04. The company had revenue of $35.00 million for the quarter, compared to the consensus estimate of $33.62 million. The company’s quarterly revenue was up 2592.3% on a year-over-year basis. Analysts expect that Western Refining Logistics will post $1.17 EPS for the current fiscal year.
Western Refining Logistics, LP owns, operates, develops, and acquires terminals, storage tanks, pipelines, and other logistics assets.
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