Analysts expect that Andeavor (NYSE:ANDV) will post $11.08 billion in sales for the current fiscal quarter, Zacks reports. Four analysts have issued estimates for Andeavor’s earnings. The lowest sales estimate is $8.18 billion and the highest is $14.35 billion. Andeavor posted sales of $6.64 billion in the same quarter last year, which suggests a positive year over year growth rate of 66.9%. The firm is scheduled to report its next quarterly earnings report on Monday, May 14th.
On average, analysts expect that Andeavor will report full year sales of $11.08 billion for the current financial year, with estimates ranging from $37.76 billion to $58.40 billion. For the next fiscal year, analysts anticipate that the business will post sales of $47.90 billion per share, with estimates ranging from $36.97 billion to $59.25 billion. Zacks’ sales calculations are a mean average based on a survey of research firms that that provide coverage for Andeavor.
Andeavor (NYSE:ANDV) last released its quarterly earnings results on Thursday, February 15th. The oil and gas company reported $0.37 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $1.18 by ($0.81). The firm had revenue of $10.65 billion during the quarter, compared to analysts’ expectations of $10.79 billion. Andeavor had a return on equity of 6.86% and a net margin of 4.37%.
In other Andeavor news, Director Paul L. Foster sold 51,510 shares of the firm’s stock in a transaction dated Thursday, December 21st. The stock was sold at an average price of $110.54, for a total transaction of $5,693,915.40. Following the sale, the director now directly owns 1,436,847 shares of the company’s stock, valued at $158,829,067.38. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, Director Paul L. Foster sold 51,700 shares of the firm’s stock in a transaction dated Thursday, January 18th. The shares were sold at an average price of $120.97, for a total value of $6,254,149.00. The disclosure for this sale can be found here. Over the last three months, insiders have sold 254,100 shares of company stock worth $29,338,288. Insiders own 0.86% of the company’s stock.
A number of large investors have recently bought and sold shares of ANDV. Bank of New York Mellon Corp bought a new stake in shares of Andeavor in the third quarter worth about $403,103,000. Dimensional Fund Advisors LP bought a new stake in shares of Andeavor in the third quarter worth about $333,346,000. Hotchkis & Wiley Capital Management LLC bought a new stake in shares of Andeavor in the third quarter worth about $214,005,000. Boston Partners increased its holdings in shares of Andeavor by 26.5% in the fourth quarter. Boston Partners now owns 9,484,915 shares of the oil and gas company’s stock worth $1,084,505,000 after purchasing an additional 1,989,609 shares during the last quarter. Finally, Prudential Financial Inc. bought a new stake in shares of Andeavor in the third quarter worth about $150,513,000. 79.59% of the stock is currently owned by institutional investors and hedge funds.
Andeavor (ANDV) traded up $0.86 during mid-day trading on Friday, hitting $99.43. The stock had a trading volume of 1,449,588 shares, compared to its average volume of 1,970,000. The stock has a market cap of $15,290.00, a P/E ratio of 25.05, a P/E/G ratio of 1.00 and a beta of 1.50. Andeavor has a 52-week low of $75.11 and a 52-week high of $121.71. The company has a current ratio of 1.38, a quick ratio of 0.65 and a debt-to-equity ratio of 0.57.
The firm also recently declared a quarterly dividend, which will be paid on Thursday, March 15th. Shareholders of record on Wednesday, February 28th will be issued a dividend of $0.59 per share. The ex-dividend date is Tuesday, February 27th. This represents a $2.36 dividend on an annualized basis and a yield of 2.37%. Andeavor’s dividend payout ratio is presently 59.45%.
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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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