An Buckeye Partners, L.P. (BPL) Stock Analysis for Serious Investors

    LASALA JOSEPH A JR, Director, subtracted 9,000 shares of Buckeye Partners, L.P. (BPL) from its portfolio at the rate of $40.77 per share valuing $366,894 on Jun 13. The insider left behind 14,000 shares of the company to its portfolio. Before making a move on any particular stock, readers often pay close attention to support and resistance markers. The last reported price for shares of Buckeye Partners, L.P. (BPL) was $41.01. Currently, the 1st Resistance Point for this stock is $41.19, with a 2nd Resistance Point sitting at $41.38. Meanwhile, this company’s stock has a 1st Support Level at $40.91 and a 2nd Support Level at $40.82. Buckeye Partners, L.P. (BPL) stock has lost -$0.59, or -1.42%, in the past five days. In the last full month, these shares have lost -$0.46, or -1.11%. In the past three months, this stock’s price has fallen by -$0.79, or -1.89%. This year-to-date, Buckeye Partners, L.P. (BPL) shares have gained $12.02, or 41.46%.

    Analyzing price projection indicators is a helpful way to determine whether a potential stock buy is a wise choice for profits in the short term, medium term, and long term. For Buckeye Partners, L.P. (BPL) stock, 50% of short-term indicators suggest that these shares are a “ Sell .” Meanwhile, 50% of medium-term indicators point to this stock being a “ Buy .”

    With 153,921 K shares outstanding, this company currently has a market capitalization of $6,321,536K. Buckeye Partners, L.P. (BPL) generates $4,108 M in annual sales, amounting to annual net income of -$59,040 K. This stock has generated a 1-Year Total Return of 15.55%, a 3-Year Total Return of -42.51%, and a 5-year Total Return of -47.00%. This stock’s 5-Year Dividend Growth is 7.33%, with its most recent dividend valued at $0.750 per share on 08/09/19. Its Annual Dividend Yield is 7.30%, and its Annual Dividend Rate is 3.00.

    In the most recently-reported fiscal quarter, which ended in Jun-19, Buckeye Partners, L.P. (BPL) reported earnings of $0.58 per share. Wall Street analysts, on average, were expecting the company to report earnings of $0.59 per share, representing a -0.01 difference and 2.23% surprise. In the previous quarter ending in Mar-19, the reported earnings of $0.52 represented a -0.09 difference from the consensus estimate calling for $0.61 per share, which was a 15.43% surprise.

    For the current fiscal quarter, which is set to end in 09/2019, the average earnings estimate is $0.61 per share. This estimate came from a total of 4 Wall Street Analysts. Of those market experts, the high estimate was $0.63 and the low estimate was $0.60. In the year-ago quarter, Buckeye Partners, L.P. (BPL) generated per-share earnings of $0.57. If the analysts are correct about the current quarter’s earnings, the growth will be +7.02%.

    Turning our focus now to insider trading activity, there have been 1 purchases (3,863 shares in total) and 3 sale (18,990 shares in total) in the last 3 months. In the last 6 months, there have been 1 insider buys amounting to 3,863 shares and 4 insider sales amounting to 21,490 shares. In the past full year, 34 insider purchases were made (involving 197,983 shares) and 32 insider sell-offs equivalent to 96,397 shares.

    Moving onto liquidity, Buckeye Partners, L.P. (BPL) has a Current Ratio of 0.46, a Quick Ratio of 0.28 and a Cash Ratio of 0.02. Looking at this company’s capital structure, its Total Debt to Total Equity is 114.43, its Total Debt to Total Capital is 53.36, and its Total Debt to Total Assets is now 50.39. Looking even further ahead into the future, its Long-Term Debt to Equity is 97.37 and its Long-Term Debt to Total Capital is 45.41.