Somewhat Favorable Media Coverage Somewhat Unlikely to Impact Tesoro (ANDV) Share Price

News coverage about Tesoro (NYSE:ANDV) has trended somewhat positive this week, according to Accern Sentiment Analysis. Accern ranks the sentiment of media coverage by monitoring more than twenty million news and blog 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. Tesoro earned a news impact score of 0.18 on Accern’s scale. Accern also gave press coverage about the oil and gas company an impact score of 45.3073178942988 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the near term.

These are some of the news stories that may have effected Accern Sentiment’s scoring:

ANDV has been the topic of a number of research analyst reports. Zacks Investment Research raised Tesoro from a “hold” rating to a “buy” rating and set a $119.00 price target on the stock in a report on Tuesday, October 10th. BidaskClub raised Tesoro from a “hold” rating to a “buy” rating in a report on Saturday, October 7th. Cowen reissued a “buy” rating and issued a $120.00 target price on shares of Tesoro in a report on Thursday, September 28th. Evercore ISI raised Tesoro to a “buy” rating and set a $128.00 target price on the stock in a report on Thursday, November 2nd. Finally, J P Morgan Chase & Co reissued a “buy” rating and issued a $121.00 target price on shares of Tesoro in a report on Friday, November 3rd. Eight analysts have rated the stock with a hold rating and fourteen have given a buy rating to the stock. The stock has a consensus rating of “Buy” and a consensus target price of $118.68.

Shares of Tesoro (ANDV) traded up $0.16 on Wednesday, reaching $107.74. The company’s stock had a trading volume of 1,578,680 shares, compared to its average volume of 1,950,674. The company has a debt-to-equity ratio of 0.61, a quick ratio of 0.62 and a current ratio of 1.47. The stock has a market capitalization of $16,687.03, a PE ratio of 20.73, a price-to-earnings-growth ratio of 0.77 and a beta of 1.55. Tesoro has a fifty-two week low of $75.11 and a fifty-two week high of $112.21.

The business also recently declared a quarterly dividend, which will be paid on Friday, December 15th. Shareholders of record on Thursday, November 30th will be given a $0.59 dividend. This represents a $2.36 dividend on an annualized basis and a yield of 2.19%. The ex-dividend date is Wednesday, November 29th. Tesoro’s payout ratio is 47.87%.

In other Tesoro news, EVP Keith M. Casey sold 9,000 shares of the company’s stock in a transaction dated Wednesday, November 15th. The stock was sold at an average price of $103.60, for a total value of $932,400.00. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Michael E. Wiley sold 700 shares of the company’s stock in a transaction dated Tuesday, November 14th. The stock was sold at an average price of $106.24, for a total value of $74,368.00. Following the completion of the sale, the director now owns 41,850 shares of the company’s stock, valued at approximately $4,446,144. The disclosure for this sale can be found here. Corporate insiders own 0.86% of the company’s stock.

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Tesoro 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.

Insider Buying and Selling by Quarter for Tesoro (NYSE:ANDV)

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