Published On: Mon, May 9th, 2016
Uncategorized | By Sylvia Delisle

JP Energy Partners LP (NASDAQ:JPEP) Expected To Report Earnings On Monday

Analysts await JP Energy Partners LP (NASDAQ:JPEP) to report earnings on May, 09 for the fiscal quarter ending Mar 2016.

They expect $0.04 EPS, up 50% or $0.02 from last year’s $0.02 per share.

At the moment 5 analysts are watching JP Energy Partners LP (NASDAQ:JPEP), 1 rate it “Buy”, 0 “Outperform”, 3 “Underperform”, 1 “Sell”, while 0 “Hold”.

Looking forward, for the quarter ending Jun-16, 2 analysts have a mean sales target of 189.24 million. For the quarter ending Sep-16, 2 analysts have a mean sales target of 164.47 million whilst for the year ending Dec-16, 3 analysts have a mean target of 675.69 million.

In terms of earnings per share, 4 analysts have a -0.10 EPS mean target for the quarter ending Jun-16, for the quarter ending Sep-16, 4 analysts have a -0.06 EPS mean target and for the quarter ending Sep-16 there are 4 estimates of -0.12 EPS.

The biggest institutional shareholders in JP Energy Partners LP include ArcLight Capital Partners LLC which owns 4 million shares in the company valued at $18.08 million. ClearBridge Advisors, LLC is the second biggest holder with 2 million shares currently valued at 9.96 million whilst MFS Investment Management KK has 1 million shares valued at 6.18 million.

Total shares held by institutions as of the most recent company filings are 13,860,559 with a reported 226,014 bought and 1,411,726 sold. These holdings make up 37.95% of the company’s outstanding shares.

Currently insiders hold — shares in the business which makes up — of shares. The biggest holder currently is Patrick J. Welch who owns 16,615 shares (0.05% of those outstanding), whilst Jeremiah J. Ashcroft, III holds 14,494 (0.04% of shares outstanding) and Mr. T. Porter Trimble holds 13,166 (0.04% of shares outstanding).

The stock increased 2.3416% or $0.1789 during the last trading session, hitting $7.8400. JP Energy Partners LP (NASDAQ:JPEP) has risen 24.23% over the past 6 months and is uptrending.

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