Analysts Expect Andeavor (ANDV) to Announce $0.66 EPS

Equities analysts forecast that Andeavor (NYSE:ANDV) will post earnings of $0.66 per share for the current quarter, according to Zacks Investment Research. Four analysts have issued estimates for Andeavor’s earnings. The highest EPS estimate is $1.11 and the lowest is $0.45. Andeavor reported earnings of $0.52 per share during the same quarter last year, which would suggest a positive year over year growth rate of 26.9%. The firm is expected to issue its next earnings report after the market closes on Monday, May 7th.

On average, analysts expect that Andeavor will report full-year earnings of $9.12 per share for the current financial year, with EPS estimates ranging from $6.50 to $11.53. For the next fiscal year, analysts forecast that the business will report earnings of $11.33 per share, with EPS estimates ranging from $7.65 to $14.10. Zacks’ earnings per share averages are an average based on a survey of sell-side research analysts that that provide coverage for Andeavor.

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Andeavor (NYSE:ANDV) last announced its quarterly earnings data on Thursday, February 15th. The oil and gas company reported $0.37 EPS for the quarter, missing the consensus estimate 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%.

Several analysts have recently commented on the stock. Credit Suisse Group reaffirmed an “outperform” rating and set a $148.00 price objective on shares of Andeavor in a research report on Wednesday, March 7th. JPMorgan Chase reaffirmed an “overweight” rating and set a $133.00 price objective (up previously from $130.00) on shares of Andeavor in a research report on Tuesday, March 13th. ValuEngine downgraded shares of Andeavor from a “buy” rating to a “hold” rating in a research report on Wednesday, December 20th. Piper Jaffray reiterated a “buy” rating and issued a $138.00 target price on shares of Andeavor in a report on Friday, February 23rd. Finally, Wells Fargo reiterated an “outperform” rating and issued a $162.00 target price on shares of Andeavor in a report on Thursday, March 15th. They noted that the move was a valuation call. Five research analysts have rated the stock with a hold rating and fifteen have given a buy rating to the stock. The stock currently has an average rating of “Buy” and a consensus price target of $126.94.

In other Andeavor news, Director Jeff A. Stevens sold 32,500 shares of the firm’s stock in a transaction on Wednesday, January 24th. The stock was sold at an average price of $117.58, for a total transaction of $3,821,350.00. Following the transaction, the director now directly owns 1,464,024 shares in the company, valued at approximately $172,139,941.92. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director Paul L. Foster sold 54,400 shares of the firm’s stock in a transaction on Friday, January 26th. The shares were sold at an average price of $114.99, for a total value of $6,255,456.00. Following the transaction, the director now owns 1,413,468 shares in the company, valued at $162,534,685.32. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 353,024 shares of company stock worth $39,348,881. Company insiders own 7.00% of the company’s stock.

Large investors have recently modified their holdings of the business. Daiwa SB Investments Ltd. bought a new position in Andeavor during the 4th quarter valued at $106,000. Cerebellum GP LLC bought a new position in Andeavor during the 4th quarter valued at $127,000. BB&T Investment Services Inc. purchased a new stake in shares of Andeavor during the 4th quarter valued at $126,000. Tower Research Capital LLC TRC increased its position in shares of Andeavor by 1,082.9% during the 4th quarter. Tower Research Capital LLC TRC now owns 1,656 shares of the oil and gas company’s stock valued at $189,000 after purchasing an additional 1,516 shares during the last quarter. Finally, Park Avenue Securities LLC purchased a new stake in shares of Andeavor during the 4th quarter valued at $201,000. Institutional investors and hedge funds own 79.56% of the company’s stock.

Shares of ANDV stock traded up $2.08 during trading hours on Thursday, hitting $115.92. 1,305,803 shares of the company were exchanged, compared to its average volume of 1,763,521. The company has a market cap of $17,000.20, a price-to-earnings ratio of 17.88, a price-to-earnings-growth ratio of 1.21 and a beta of 1.38. Andeavor has a fifty-two week low of $75.11 and a fifty-two week high of $121.71. The company has a quick ratio of 0.65, a current ratio of 1.38 and a debt-to-equity ratio of 0.57.

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Andeavor Company Profile

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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