2 Stocks For Surefire Gains: NGL Energy Partners LP (NGL), General Electric Company (GE)

4 analysts out of 7 Wall Street brokerage firms rate NGL Energy Partners LP (NYSE:NGL) as a Buy, while 0 see it as a Sell. The rest 3 describe it as a Hold. NGL stock traded higher to an intra-day high of $14.664. At one point in session, its potential discontinued and the price was down to lows at $14.28. Analysts have set NGL’s consensus price at $0, effectively giving it a -100% projection on returns. Should the projected estimates be met, then the stock will likely hit its highest price at $18 (up 23.88% from current price levels). NGL has a 12.5% ROE, higher than the 9.62% average for the industry. The average ROE for the sector is 16.3%.

It is expected that in Jun 2019 quarter NGL will have an EPS of $-0.04, suggesting a 90% growth. For Sep 2019 is projected at $0.22. It means that there could be a 134.92% growth in the quarter. Yearly earnings are expected to rise by 165.08% to about $0.82. As for the coming year, growth will be about 43.9%, lifting earnings to $1.18. RSI after the last trading period was 49.63. NGL recorded a change of -2.42% over the past week and returned 9.74% over the last three months while the NGL stock’s monthly performance revealed a shift in price of 1.4%. The year to date (YTD) performance stands at 51.51%, and the bi-yearly performance specified an activity trend of 48.11% while the shares have moved 13.52% for the past 12 months.

NGL Energy Partners LP (NGL) currently trades at $14.53, which is higher by 1.11% its previous price. It has a total of 127.33 million outstanding shares, with an ATR of around 0.4. The company’s stock volume dropped to 0.88 million, worse than 667.27 thousands that represents its 50-day average. A 5-day decrease of about -2.42% in its price means NGL is now 51.51% higher on year-to-date. The shares have surrendered $43445.47 since its $15.16 52-week high price recorded on 31st of May 2019. Overall, it has seen a growth rate of 13.52 over the last 12 months. The current price per share is $5.82 above the 52 week low of $8.71 set on 26th of December 2018.

NGL Energy Partners LP (NYSE:NGL)’s EPS was $0.19 as reported for the March quarter. In comparison, the same quarter a year ago had an EPS of $0.71. That means that its growth in general now stands at -73%. Therefore, a prediction of $0.2 given by the analysts brought a negative surprise of -5%. NGL March quarter revenue was $5.14 billion, compared to $5.11 billion recorded in same quarter last year, giving it a 1% growth rate. The company’s $0.03 billion revenue growth that quarter surprised Wall Street and investors will need to consider this as they assess the stock.

General Electric Company (NYSE:GE) shares appreciated 0.29% over the last trading period, taking overall 5-day performance up to 3.93%. The general public currently hold control of a total of 8.71 billion shares, which is the number publicly available for trading. The total of shares that it has issued to investors is 8.71 billion. The company’s management holds a total of 0.16%, while institutional investors hold about 59.9% of the remaining shares. GE share price finished last trade 4.91% above its 20 day simple moving average and its upbeat gap from 200 day simple moving average is 6.16%, while closing the session with 5.64% distance from 50 day simple moving average.

GE’s beta is 1.02; meaning investors could reap higher returns, although it also poses higher risks. The company allocated $-2.34 per share from its yearly profit to its outstanding shares. Its last reported revenue is $27.29 billion, which was -5% versus $28.66 billion in the corresponding quarter last year. The EPS for Mar 19 quarter came in at $0.14 compared to $0.16 in the year-ago quarter and had represented -13% year-over-year earnings per share growth.

Estimated quarterly earnings for General Electric Company (NYSE:GE) are around $0.12 per share in three months through June with $0.16 also the estimate for September quarter of the fiscal year. It means the growth is estimated at -36.84% and 14.29%, respectively. Analysts estimate full-year growth to be -6.15%, the target being $0.61 a share. The upcoming year will see an increase in growth by percentage to 19.67%, more likely to see it hit the $0.73 per share. The firm’s current profit margin over the past 12 months is -15%.