News headlines about Andeavor (NYSE:ANDV) have been trending somewhat positive this week, according to Accern. The research group identifies negative and positive media coverage by analyzing more than twenty million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. Andeavor earned a coverage optimism score of 0.15 on Accern’s scale. Accern also gave media coverage about the oil and gas company an impact score of 45.2785894630898 out of 100, meaning 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 impacted Accern’s rankings:
- [$$] 3 Companies Buying Back Stock on the Cheap (finance.yahoo.com)
- May This Data Fuel Up Investor’s Confidence – Andeavor (NYSE: ANDV) – Alpha Beta Stock (alphabetastock.com)
- Andeavor (NYSE:ANDV) – Hot Mover of the Day – Nasdaq Journal (nasdaqjournal.com)
- Andeavor-Pemex relationship spurs USWC-Mexico gasoline flow: trade – Platts (platts.com)
- Andeavor (ANDV) VP Blane W. Peery Sells 1,012 Shares (americanbankingnews.com)
Several equities research analysts have commented on the stock. JPMorgan Chase & Co. reaffirmed an “overweight” rating and issued a $130.00 target price (down previously from $138.00) on shares of Andeavor in a research note on Tuesday, February 20th. Zacks Investment Research raised shares of Andeavor from a “hold” rating to a “buy” rating and set a $133.00 target price for the company in a research note on Monday, January 22nd. Barclays reaffirmed a “buy” rating and issued a $162.00 target price on shares of Andeavor in a research note on Wednesday, January 10th. Royal Bank of Canada reaffirmed a “hold” rating and issued a $112.00 target price on shares of Andeavor in a research note on Friday, February 23rd. Finally, ValuEngine downgraded shares of Andeavor from a “buy” rating to a “hold” rating in a research note on Wednesday, November 22nd. Six analysts have rated the stock with a hold rating and fifteen have assigned a buy rating to the company. The company currently has an average rating of “Buy” and a consensus price target of $127.83.
Shares of ANDV stock traded up $1.95 during mid-day trading on Wednesday, hitting $102.40. 1,643,028 shares of the stock traded hands, compared to its average volume of 1,733,246. The company has a debt-to-equity ratio of 0.57, a current ratio of 1.38 and a quick ratio of 0.65. Andeavor has a 52 week low of $75.11 and a 52 week high of $121.71. The company has a market capitalization of $15,170.41, a P/E ratio of 10.36, a price-to-earnings-growth ratio of 1.00 and a beta of 1.51.
Andeavor (NYSE:ANDV) last issued its quarterly earnings data on Thursday, February 15th. The oil and gas company reported $0.37 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $1.18 by ($0.81). Andeavor had a return on equity of 6.86% and a net margin of 4.37%. The company had revenue of $10.65 billion for the quarter, compared to the consensus estimate of $10.79 billion. sell-side analysts predict that Andeavor will post 9.86 earnings per share for the current fiscal year.
The firm also recently announced a quarterly dividend, which was paid on Thursday, March 15th. Investors of record on Wednesday, February 28th were issued a dividend of $0.59 per share. This represents a $2.36 annualized dividend and a yield of 2.30%. The ex-dividend date was Tuesday, February 27th. Andeavor’s payout ratio is 23.89%.
In related news, VP Blane W. Peery sold 1,012 shares of the stock in a transaction on Thursday, March 1st. The shares were sold at an average price of $89.64, for a total transaction of $90,715.68. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, SVP Michael James Morrison bought 1,700 shares of Andeavor stock in a transaction that occurred on Thursday, February 22nd. The shares were acquired at an average price of $93.83 per share, with a total value of $159,511.00. The disclosure for this purchase can be found here. Insiders have sold 230,112 shares of company stock valued at $26,657,871 in the last 90 days. 0.86% of the stock is currently owned by corporate insiders.
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Andeavor, formerly Tesoro Corporation, is an independent petroleum refining, logistics and marketing company. he Company operates through three segments. The Refining operating segment refines crude oil and other feedstocks into transportation fuels, such as gasoline and gasoline blendstocks, jet fuel and diesel fuel, as well as other products, including heavy fuel oils, liquefied petroleum gas and petroleum coke for sale in bulk markets to a range of customers within its markets.
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