Ferrellgas Partners LP (NYSE: FGP)
ALERT – NEGATIVE INVESTMENT/FUNDAMENTAL SIGNALS
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.