Positive Press Coverage Somewhat Unlikely to Affect TransMontaigne Partners (NYSE:TLP) Share Price

News articles about TransMontaigne Partners (NYSE:TLP) have been trending positive this week, Accern Sentiment Analysis reports. Accern identifies positive and negative media coverage by reviewing more than twenty million blog and news sources in real-time. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. TransMontaigne Partners earned a news sentiment score of 0.25 on Accern’s scale. Accern also assigned media coverage about the pipeline company an impact score of 46.4969424620527 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the next several days.

Here are some of the headlines that may have effected Accern Sentiment’s rankings:

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A number of equities research analysts have issued reports on the company. Zacks Investment Research lowered TransMontaigne Partners from a “hold” rating to a “sell” rating in a research note on Thursday, January 11th. B. Riley set a $45.00 price objective on TransMontaigne Partners and gave the company a “neutral” rating in a research report on Monday, December 18th. Wells Fargo initiated coverage on TransMontaigne Partners in a research report on Thursday, November 30th. They set a “market perform” rating and a $44.00 price objective for the company. Stifel Nicolaus raised their price objective on TransMontaigne Partners from $42.00 to $47.00 and gave the company a “buy” rating in a research report on Tuesday. Finally, UBS restated a “buy” rating and set a $59.00 price objective (up previously from $53.00) on shares of TransMontaigne Partners in a research report on Friday, March 2nd. Two equities research analysts have rated the stock with a sell rating, two have assigned a hold rating and three have issued a buy rating to the company. The stock has a consensus rating of “Hold” and an average target price of $49.17.

Shares of TransMontaigne Partners (TLP) traded down $0.81 during trading on Tuesday, hitting $34.86. The stock had a trading volume of 40,290 shares, compared to its average volume of 42,641. The stock has a market capitalization of $614.25, a price-to-earnings ratio of 15.85 and a beta of 0.24. The company has a current ratio of 1.31, a quick ratio of 1.31 and a debt-to-equity ratio of 1.63. TransMontaigne Partners has a 52-week low of $33.97 and a 52-week high of $48.44.

TransMontaigne Partners (NYSE:TLP) last issued its quarterly earnings data on Thursday, March 15th. The pipeline company reported $0.41 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.52 by ($0.11). TransMontaigne Partners had a net margin of 24.56% and a return on equity of 12.16%. The firm had revenue of $47.61 million for the quarter, compared to analysts’ expectations of $45.09 million. sell-side analysts forecast that TransMontaigne Partners will post 2.72 earnings per share for the current fiscal year.

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About TransMontaigne Partners

TransMontaigne Partners L.P. is a terminaling and transportation company with operations in the United States along the Gulf Coast, in the Midwest, in Houston and Brownsville, Texas, along the Mississippi and Ohio Rivers, and in the Southeast. The Company operates its business in five principal business segments: Gulf Coast terminals, Midwest terminals and pipeline system, Brownsville terminals, River terminals and Southeast terminals.

Insider Buying and Selling by Quarter for TransMontaigne Partners (NYSE:TLP)

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