On May, 8 Analysts See $0.06 EPS for Global Partners LP (GLP)

April 16, 2018 - By Elizabeth Jones

Global Partners LP (NYSE:GLP) Corporate Logo
Big Money Sentiment increased to 1.44 in 2017 Q4. It has change of 0.53, from 2017Q3’s 0.91. The ratio improved due to Global Partners LP positioning: 5 sold and 11 reduced. 9 funds took holdings and 14 increased holdings. Investors holded 13.20 million in 2017Q3 but now own 13.69 million shares or 3.72% more.
Plante Moran Fincl Advisors Lc holds 0.01% or 1,000 shs. Bancshares Of Montreal Can has 25,000 shs. Raymond James Financial Serv Advsrs Inc has invested 0% of its capital in Global Partners LP (NYSE:GLP). Wells Fargo Com Mn has 23,517 shs for 0% of their capital. Kayne Anderson Advsrs Ltd Partnership reported 0.46% stake. The New York-based Goldman Sachs Gp Inc has invested 0% in Global Partners LP (NYSE:GLP). Renaissance Technologies Llc stated it has 0% of its capital in Global Partners LP (NYSE:GLP). 173,670 are owned by Clearbridge Lc. Winslow Evans & Crocker Inc invested 0.22% of its capital in Global Partners LP (NYSE:GLP). Citigroup invested in 31,681 shs. Advisory Incorporated has invested 0.06% in Global Partners LP (NYSE:GLP). Penbrook Mgmt Ltd Limited Liability Company holds 27,033 shs or 0.41% of its capital. Morgan Stanley invested in 3.54M shs. Baldwin Brothers Ma stated it has 19,500 shs or 0.05% of all its holdings. Moors Cabot stated it has 11,388 shs or 0.03% of all its holdings.

On May, 8 Global Partners LP (NYSE:GLP)’s earnings release is awaited by WallStreet, according to Zacks. EPS of $0.06 is 81.82 % down from 2017’s $0.33 EPS. GLP’s profit could be $2.03M if the current EPS of $0.06 is accurate. -70.00 % negative EPS growth is what Wall Street’s forecasts after $0.20 reported EPS last quarter. The stock increased 3.76% or $0.6 during the last trading session, reaching $16.55.Currently Global Partners LP is downtrending after 17.82% change in last April 17, 2017. GLP has 71,337 shares volume. The stock underperformed the S&P 500 by 29.37%.

Global Partners LP (NYSE:GLP) Ratings Coverage

In total 3 analysts cover Global Partners Lp (NYSE:GLP). “Buy” rating has 0, “Sell” are 0, while 3 are “Hold”. 0 are bullish. 3 are the (NYSE:GLP)’s analyst reports since November 21, 2017 according to StockzIntelligence Inc. On Tuesday, November 21 the rating was initiated by J.P. Morgan with “Hold”. On Monday, March 12 the company was maintained by Barclays Capital. On Tuesday, March 13 the stock has “Hold” rating by Stifel Nicolaus.

Global Partners LP, a midstream logistics and marketing company, distributes gasoline, distillates, residual oil, and renewable fuels to wholesalers, retailers, and commercial clients in the New England states and New York.The firm is worth $560.64 million. It operates in three divisions: Wholesale, Gasoline Distribution and Station Operations, and Commercial.9.53 is the P/E ratio. The Wholesale segment sells branded and unbranded gasoline and gasoline blendstocks.

Global Partners LP (NYSE:GLP) Institutional Investors Chart

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