Alert: Negative Investment/Fundamental Signals (4/30/18)-Ferrellgas Partners LP (NYSE: FGP)


Ferrellgas Partners LP (NYSE: FGP)



Negative Investment/Fundamental Signals

Notable negative changes in Ferrellgas Partners LP (NYSE: FGP) fundamentals have recently occurred: significant decrease in consensus estimate for July, 2018, significant quarterly earnings deceleration, and significant decrease in consensus estimate for July, 2019.

Recent notable negative changes in investment behavior have affected Ferrellgas Partners LP (NYSE: FGP): negative upside/downside volume.

In light of these highly negative signals we are reviewing our current Overall Rating of F. We would continue to view the shares with caution pending completion of this review in the next several days.

Current PriceTarget Research Rating

FGP is expected to continue to be a major Value Eraser reflecting capital returns that are forecasted to be below the cost of capital.

Ferrellgas Partners has a current Value Trend Rating of F (Lowest Rating). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing consistent signals. Ferrellgas Partners has a poor Appreciation Score of 21 and a very low Power Rating of 5, with the Lowest Value Trend Rating the result.

Recent Price Action

Ferrellgas Partners LP stock rose modestly on 4/30/18. The shares rose 0.3%, closing at $3.67. However, trading volume was exceptionally low at 43% of normal. The stock has been extremely weak relative to the market over the last nine months but has risen 6.4% during the last week.

About John Lafferty 44922 Articles
During his career, John has developed valuation and stock rating methodologies, managed institutional portfolios and mutual funds, and provided equity research to institutional investors on thousands of companies. He has been Director of Research at PTR since its inception in 2004.

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