Tallgrass Energy GP, LP (TEGP) Analysts See $0.26 EPS

April 17, 2018 - By Marie Mckinney

Analysts expect Tallgrass Energy GP, LP (NYSE:TEGP) to report $0.26 EPS on May, 2.They anticipate $0.05 EPS change or 23.81 % from last quarter’s $0.21 EPS. TEGP’s profit would be $48.05M giving it 20.92 P/E if the $0.26 EPS is correct. After having $0.13 EPS previously, Tallgrass Energy GP, LP’s analysts see 100.00 % EPS growth. The stock increased 1.78% or $0.38 during the last trading session, reaching $21.76. About 596,478 shares traded or 10.47% up from the average. Tallgrass Energy GP, LP (NYSE:TEGP) has declined 34.57% since April 17, 2017 and is downtrending. It has underperformed by 46.12% the S&P500.

Tallgrass Energy GP, LP (NYSE:TEGP) Ratings Coverage

Among 7 analysts covering Tallgrass Energy GP (NYSE:TEGP), 3 have Buy rating, 1 Sell and 3 Hold. Therefore 43% are positive. Tallgrass Energy GP had 17 analyst reports since October 30, 2017 according to SRatingsIntel. The rating was maintained by Stifel Nicolaus on Tuesday, March 27 with “Buy”. Robert W. Baird maintained Tallgrass Energy GP, LP (NYSE:TEGP) on Monday, October 30 with “Buy” rating. The firm has “Equal-Weight” rating given on Wednesday, March 28 by Morgan Stanley. Robert W. Baird maintained the stock with “Buy” rating in Thursday, February 15 report. The stock has “Hold” rating by RBC Capital Markets on Wednesday, February 14. As per Wednesday, February 14, the company rating was maintained by Stifel Nicolaus. The stock has “Equal-Weight” rating by Barclays Capital on Monday, February 12. As per Thursday, February 8, the company rating was maintained by Robert W. Baird. Stifel Nicolaus maintained the stock with “Buy” rating in Thursday, February 8 report. Citigroup maintained Tallgrass Energy GP, LP (NYSE:TEGP) on Tuesday, March 27 with “Buy” rating.

Tallgrass Energy GP, LP, through its interests in Tallgrass Equity, LLC, provides crude oil transportation services to clients in Wyoming, Colorado, and the surrounding regions of the United States. The company has market cap of $4.02 billion. It operates through three divisions: Crude Oil Transportation & Logistics, Natural Gas Transportation & Logistics, and Processing & Logistics. It currently has negative earnings. The firm also provides natural gas transportation and storage services for clients in the Rocky Mountain, Midwest, and Appalachian regions.

Tallgrass Energy GP, LP (NYSE:TEGP) Ratings Chart

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