Tesoro Corporation (NYSE:TSO) registered a 1.89% increase, still its new closing price is 24.97% up from the company’s 1 year high of 93.06.It posted 0.70% gains in previous 5 sessions and is now the subject of 6 analysts who together assign a hold rating on stock. 0 of Wall Street analysts have an underperform rating; the 0 sells versus 7 buy or better ratings. The 18 stock analysts following this company have an average price target at $105.13, with individual PT in the $92.00-$122.00 range. The shares moved at $82.51, implying that brokerage firms see shares gaining about 6.97% in twelve months time.
Tesoro Corporation (TSO) SEC Form 4 News
The stock is getting much attention these days as insiders are adding shares while they posted a -5.65% fall year to date. A EVP and CFO at Tesoro Corporation (TSO) acquired shares in a transaction closed on Friday August 26, 2016. Sterin Steven bought 1,100 shares in the company at $73.93 each and collected $81,000 in proceeds. Sterin Steven now owns 8,892 shares in the company after this transaction. A SVP, Commercial in the company, Schofield Daryl R, disclosed a transaction on Monday May 23, 2016 that ended up generating $212,001 from the sale of 2,660 shares at $80 per share.
Tesoro Corporation (NYSE:TSO) Upcoming Results on Tap
Tesoro Corporation will next provide financial results for the March 2017 quarter. Stock analysts expect it to report per-share earnings of $2.12 in that period. Sales during the quarter are predicted to arrive at $7.43 billion.
Earnings surprise history: Last quarter, the company posted approximately $6.54 billion in revenue and EPS of $1.32. The mean forecast was for $6.82 billion and $1.43 a share, respectively. One quarter earlier, revenue for the stock was at $6.29 billion, with earnings at $1.64/share.
Tesoro Corporation (TSO) Brokerage Update
Tesoro Corporation (TSO) is in JP Morgan’s research list so their analyst rating change is noteworthy. These shares were upgraded to Overweight from Neutral by JP Morgan, according to news reported on Thursday February 02, 2017.Another important research note was issued by Wells Fargo on Monday December 12, 2016.The firm upgraded TSO to Outperform from Market Perform. Over the last six months and over the last three months, the shares of Tesoro Corporation (TSO), have changed 8.47% and -0.16%, respectively.