EPS for Tallgrass Energy GP LP (TEGP) Expected At $0.36

October 13, 2017 - By Linda Rogers

 EPS for Tallgrass Energy GP LP (TEGP) Expected At $0.36

Analysts expect Tallgrass Energy GP LP (NYSE:TEGP) to report $0.36 EPS on November, 1.They anticipate $0.21 EPS change or 140.00 % from last quarter’s $0.15 EPS. TEGP’s profit would be $56.50M giving it 19.42 P/E if the $0.36 EPS is correct. After having $0.15 EPS previously, Tallgrass Energy GP LP’s analysts see 140.00 % EPS growth. About 163,661 shares traded. Tallgrass Energy GP LP (NYSE:TEGP) has risen 5.26% since October 14, 2016 and is uptrending. It has underperformed by 11.44% the S&P500.

Tallgrass Energy GP LP (NYSE:TEGP) Ratings Coverage

Among 10 analysts covering Tallgrass Energy GP (NYSE:TEGP), 6 have Buy rating, 1 Sell and 3 Hold. Therefore 60% are positive. Tallgrass Energy GP had 31 analyst reports since August 4, 2015 according to SRatingsIntel. The firm has “Neutral” rating by Robert W. Baird given on Monday, February 8. The firm has “Hold” rating given on Thursday, January 28 by Stifel Nicolaus. The rating was maintained by Stifel Nicolaus on Thursday, September 21 with “Buy”. Scotia Capital maintained the stock with “Hold” rating in Friday, April 28 report. The rating was initiated by Macquarie Research with “Outperform” on Friday, April 21. On Sunday, July 30 the stock rating was maintained by RBC Capital Markets with “Hold”. As per Monday, May 2, the company rating was maintained by Barclays Capital. Robert W. Baird upgraded the stock to “Outperform” rating in Tuesday, October 20 report. The stock of Tallgrass Energy GP LP (NYSE:TEGP) earned “Buy” rating by Robert W. Baird on Tuesday, September 26. On Thursday, December 15 the stock rating was downgraded by Goldman Sachs to “Sell”.

Tallgrass Energy GP, LP is a limited partnership company, which includes the activities of Tallgrass Equity, LLC , Tallgrass MLP GP, LLC, Tallgrass Energy Partners, LP (TEP), and TEP’s subsidiaries. The company has market cap of $4.39 billion. TEP owns, operates, acquires and develops midstream energy assets in North America. It has a 41.64 P/E ratio.

More recent Tallgrass Energy GP LP (NYSE:TEGP) news were published by: Seekingalpha.com which released: “Tallgrass Energy GP, LP: 30%+ Distribution Growth This Year With No K-1 Hassle” on March 14, 2017. Also Businesswire.com published the news titled: “Tallgrass Energy Increases Quarterly Distributions and Announces Date for …” on October 10, 2017. Seekingalpha.com‘s news article titled: “Tallgrass Energy GP LP: The Investment Thesis Remains Strong And Intact” with publication date: September 28, 2017 was also an interesting one.

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