AmeriGas Partners, L.P. (NYSE:APU)
December 7th, 2018
Amidst falling markets AmeriGas Partners, L.P. finished Friday’s trading session down 3.62%, a $1.22 decrease to close on $32.47. As well as the drop in value, AmeriGas Partners, L.P. hit a new 52 week low of $32.39, breaking the previous low of $33.37 from earlier this month.
APU was outperformed by the rest of the Utilities sector which went up 0.40%.
Expectations from 5 analysts points to the possibility that AmeriGas Partners, L.P. could grow significantly (21%), while Finbox has calculated (with medium uncertainty) a fair value price of $43.57.
The market sectors were mixed Friday with a majority of the sectors trending down. Utilities saw the biggest increase of the day (0.40%), while Information Technology saw the biggest drop (3.53%). Healthcare has seen the biggest year-to-date gain at 12%. The biggest loss this year has been the Materials sector falling 12%.
Utilities saw the biggest turnaround from its 5-day performance of 2.33%, as it went up 0.40%. Real Estate saw a turn around from its 5-day performance of 2.84% trading down 1.44%.
- Utilities went up with a 0.40% change.
- Energy went down with a -0.65% change.
- Consumer Staples went down with a -1.29% change.
- Real Estate went down with a -1.44% change.
- Financials went down with a -1.84% change.
- Communication Services went down with a -2.09% change.
- Healthcare went down with a -2.52% change.
- Materials went down with a -2.53% change.
- Industrials went down with a -2.62% change.
- Consumer Discretionary went down with a -3.08% change.
- Information Technology went down with a -3.53% change.
AmeriGas Partners, L.P. Info
AmeriGas Partners, L.P. through its subsidiary, AmeriGas Propane, L.P., distributes propane and related equipment and supplies in the United States. It serves approximately 1.8 million residential, commercial, industrial, agricultural, wholesale, and motor fuel customers in 50 states through approximately 1,900 propane distribution locations. The company’s propane is used for home heating, water heating, and cooking purposes; to fire furnaces, as a cutting gas, and in other process applications; as a supplemental fuel and motor fuel; and for tobacco curing, chicken brooding, crop drying, and orchard heating applications. It also sells, installs, and services propane appliances, such as heating systems; and offers residential heating, ventilation, air conditioning, plumbing, and related services. The company markets propane and other services primarily under the AmeriGas, America’s Propane Company, Heritage Propane, Relationships Matter, Metro Lawn, and ServiceMark names. AmeriGas Propane, Inc. serves as the general partner of the company. AmeriGas Partners, L.P. was founded in 1994 and is based in King of Prussia, Pennsylvania.
All amounts in USD unless otherwise indicated
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