Andeavor (ANDV) Hits New 1-Year High and Low at $124.42

Andeavor (NYSE:ANDV) shares hit a new 52-week high and low during trading on Thursday . The stock traded as low as $124.42 and last traded at $123.85, with a volume of 858108 shares traded. The stock had previously closed at $120.09.

ANDV has been the subject of several recent research reports. Credit Suisse Group initiated coverage on shares of Andeavor in a report on Wednesday, January 3rd. They set an “outperform” rating and a $142.00 target price for the company. Barclays restated a “buy” rating and set a $162.00 target price on shares of Andeavor in a report on Wednesday, January 10th. Citigroup restated a “neutral” rating on shares of Andeavor in a report on Monday, January 22nd. Piper Jaffray restated a “buy” rating and set a $153.00 target price on shares of Andeavor in a report on Monday, January 22nd. Finally, Zacks Investment Research upgraded shares of Andeavor from a “hold” rating to a “buy” rating and set a $133.00 target price for the company in a report on Monday, January 22nd. Five research analysts have rated the stock with a hold rating and fifteen have given a buy rating to the company’s stock. The stock has a consensus rating of “Buy” and a consensus target price of $126.94.

The company has a market cap of $18,285.67, a P/E ratio of 18.56, a price-to-earnings-growth ratio of 1.31 and a beta of 1.39. The company has a current ratio of 1.38, a quick ratio of 0.65 and a debt-to-equity ratio of 0.57.

Andeavor (NYSE:ANDV) last posted its earnings results on Thursday, February 15th. The oil and gas company reported $0.37 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.18 by ($0.81). The company had revenue of $10.65 billion for the quarter, compared to analyst estimates of $10.79 billion. Andeavor had a return on equity of 6.86% and a net margin of 4.37%. equities research analysts expect that Andeavor will post 9.11 earnings per share for the current fiscal year.

In other news, Director Jeff A. Stevens sold 28,500 shares of the firm’s stock in a transaction dated Friday, April 20th. The shares were sold at an average price of $117.55, for a total transaction of $3,350,175.00. Following the completion of the sale, the director now owns 1,292,974 shares in the company, valued at approximately $151,989,093.70. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, Director Paul L. Foster sold 54,400 shares of the firm’s stock in a transaction dated Friday, January 26th. The stock was sold at an average price of $114.99, for a total transaction of $6,255,456.00. Following the sale, the director now owns 1,413,468 shares of the company’s stock, valued at approximately $162,534,685.32. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 421,024 shares of company stock valued at $47,132,241. 7.00% of the stock is currently owned by corporate insiders.

Several hedge funds and other institutional investors have recently bought and sold shares of ANDV. Daiwa SB Investments Ltd. acquired a new stake in shares of Andeavor during the 4th quarter worth about $106,000. BB&T Investment Services Inc. bought a new position in Andeavor during the fourth quarter worth about $126,000. Cerebellum GP LLC bought a new position in Andeavor during the fourth quarter worth about $127,000. Tower Research Capital LLC TRC increased its position in Andeavor by 1,082.9% during the fourth quarter. Tower Research Capital LLC TRC now owns 1,656 shares of the oil and gas company’s stock worth $189,000 after acquiring an additional 1,516 shares during the period. Finally, Park Avenue Securities LLC bought a new position in Andeavor during the fourth quarter worth about $201,000. Institutional investors own 79.39% of the company’s stock.

About Andeavor

Andeavor, through its subsidiaries, operates as an independent petroleum refining, logistics, and marketing company in the United States. The company operates in three segments: Marketing, Logistics, and Refining. The Marketing segment sells gasoline and diesel fuel through retail, branded, and unbranded channels.

Receive News & Ratings for Andeavor Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Andeavor and related companies with MarketBeat.com's FREE daily email newsletter.



Leave a Reply