$0.26 EPS Expected for Tallgrass Energy GP, LP (TEGP)

April 17, 2018 - By Kurt Siggers

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 Robert W. Baird with “Buy” on Thursday, February 8. As per Wednesday, February 14, the company rating was maintained by RBC Capital Markets. The stock of Tallgrass Energy GP, LP (NYSE:TEGP) has “Buy” rating given on Thursday, April 5 by Robert W. Baird. The stock of Tallgrass Energy GP, LP (NYSE:TEGP) has “Equal-Weight” rating given on Monday, February 12 by Barclays Capital. The stock has “Buy” rating by Stifel Nicolaus on Tuesday, March 27. The firm has “Buy” rating given on Tuesday, February 27 by Robert W. Baird. The firm has “Buy” rating by Citigroup given on Tuesday, March 27. Stifel Nicolaus maintained Tallgrass Energy GP, LP (NYSE:TEGP) on Wednesday, February 14 with “Buy” rating. As per Monday, October 30, the company rating was maintained by Robert W. Baird. RBC Capital Markets maintained the stock with “Hold” rating in Tuesday, January 16 report.

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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