Price Target Analysis: Tallgrass Energy, LP(NYSE:TGE): SailPoint Technologies Holdings, Inc.(NYSE:SAIL)

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Tallgrass Energy, LP (TGE) will report its next earnings on Aug 06 AMC. The company reported the earnings of $0.31/Share in the last quarter where the estimated EPS by analysts was $0.4/share. The difference between the expected and actual EPS was $-0.09/share, which represents an Earnings surprise of -22.5%.

Many analysts are providing their Estimated Earnings analysis for Tallgrass Energy, LP and for the current quarter 9 analysts have projected that the stock could give an Average Earnings estimate of $0.4/share. These analysts have also projected a Low Estimate of $0.25/share and a High Estimate of $0.52/share.

In case of Revenue Estimates, 6 analysts have provided their consensus Average Revenue Estimates for Tallgrass Energy, LP as 238.72 Million. According to these analysts, the Low Revenue Estimate for Tallgrass Energy, LP is 223.04 Million and the High Revenue Estimate is 252.4 Million. The company had Year Ago Sales of 193.59 Million.

These analysts also forecasted Growth Estimates for the Current Quarter for TGE to be 2000%. They are projecting Next Quarter growth of 21.05%. For the next 5 years, Tallgrass Energy, LP is expecting Growth of -11.05% per annum, whereas in the past 5 years the growth was 15.75% per annum.

Some buy side analysts are also providing their Analysis on Tallgrass Energy, LP, where 0 analysts have rated the stock as Strong buy, 1 analysts have given a Buy signal, 2 said it’s a HOLD, and 0 analysts rated the stock as Sell. (These Recommendations are for the Current Month Only reported by Yahoo Finance.)

When it comes to the Analysis of a Stock, Price Target plays a vital role. Analysts reported that the Price Target for Tallgrass Energy, LP might touch $28 high while the Average Price Target and Low price Target is $25 and $22 respectively.

Tallgrass Energy, LP closed its last trading session at $21.66 with the gain of 0.32%. The Market Capitalization of the company stands at 5.91 Billion. The Company has 52-week high of $26.35 and 52-week low of $20.05. The stock’s current distance from 20-Day Simple Moving Average (SMA20) is 1.17% where SMA50 and SMA200 are -5.45% and -6.49% respectively. The Company Touched its 52-Week High on 08/24/18 and 52-Week Low on 06/25/19.

The Relative Volume of the company is 1.29 and Average Volume (3 months) is 931.06 million. The company’s P/E (price to earnings) ratio is 20.1 and Forward P/E ratio of 15.95.

The company shows its Return on Assets (ROA) value of 3%. The Return on Equity (ROE) value stands at 9.6%. While it’s Return on Investment (ROI) value is 6%.

While looking at the Stock’s Performance, Tallgrass Energy, LP currently shows a Weekly Performance of 2.4%, where Monthly Performance is -7.81%, Quarterly performance is -11.45%, 6 Months performance is -8.7% and yearly performance percentage is -1.81%. Year to Date performance value (YTD perf) value is -10.72%. The Stock currently has a Weekly Volatility of 1.44% and Monthly Volatility of 2.44%.

Many analysts are providing their Estimated Earnings analysis for SailPoint Technologies Holdings, Inc. and for the current quarter 11 analysts have projected that the stock could give an Average Earnings estimate of $-0.05/share. These analysts have also projected a Low Estimate of $-0.06/share and a High Estimate of $-0.04/share.

In case of Revenue Estimates, 10 analysts have provided their consensus Average Revenue Estimates for SailPoint Technologies Holdings, Inc. as 60.41 Million. According to these analysts, the Low Revenue Estimate for SailPoint Technologies Holdings, Inc. is 59.7 Million and the High Revenue Estimate is 61 Million. The company had Year Ago Sales of 54.56 Million.

These analysts also forecasted Growth Estimates for the Current Quarter for SAIL to be -266.7%. They are projecting Next Quarter growth of -58.33%. For the next 5 years, SailPoint Technologies Holdings, Inc. is expecting Growth of 78.89% per annum, whereas in the past 5 years the growth was -59.46% per annum.

Some buy side analysts are also providing their Analysis on SailPoint Technologies Holdings, Inc., where 2 analysts have rated the stock as Strong buy, 0 analysts have given a Buy signal, 1 said it’s a HOLD, and 0 analysts rated the stock as Sell. (These Recommendations are for the Current Month Only reported by Yahoo Finance.)

When it comes to the Analysis of a Stock, Price Target plays a vital role. Analysts reported that the Price Target for SailPoint Technologies Holdings, Inc. might touch $30 high while the Average Price Target and Low price Target is $25.67 and $20 respectively.

SailPoint Technologies Holdings, Inc. closed its last trading session at $19.84 with the gain of 1.46%. The Market Capitalization of the company stands at 1.76 Billion. The Company has 52-week high of $34.60 and 52-week low of $16.63. The stock’s current distance from 20-Day Simple Moving Average (SMA20) is 3.41% where SMA50 and SMA200 are -0.92% and -21.58% respectively. The Company Touched its 52-Week High on 09/26/18 and 52-Week Low on 06/06/19.

The Relative Volume of the company is 0.69 and Average Volume (3 months) is 1.51 million. The company’s P/E (price to earnings) ratio is 0 and Forward P/E ratio of 71.38.

The company shows its Return on Assets (ROA) value of 0%. The Return on Equity (ROE) value stands at 0%. While it’s Return on Investment (ROI) value is 2.6%.

While looking at the Stock’s Performance, SailPoint Technologies Holdings, Inc. currently shows a Weekly Performance of 0.75%, where Monthly Performance is 14.64%, Quarterly performance is -26.8%, 6 Months performance is -21.34% and yearly performance percentage is -22.7%. Year to Date performance value (YTD perf) value is -14.3%. The Stock currently has a Weekly Volatility of 2.15% and Monthly Volatility of 3.22%.

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