GLP Should I Buy
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Global Partners LP (GLP) is not a strong buy at this moment for a beginner investor with a long-term strategy. While the stock shows oversold conditions (RSI at 10.789) and has a positive earnings growth expectation for the upcoming quarter, the technical indicators and recent financial performance suggest caution. The bearish moving averages, declining net income, and EPS in the last quarter weigh against immediate investment. Hold for now and reassess after the Q4 earnings report on 2026-03-04.
The MACD is negative and expanding, RSI indicates oversold conditions at 10.789, and moving averages are bearish (SMA_200 > SMA_20 > SMA_5). Key support level is at 45.127, and resistance is at 49.929. The stock is currently trading near resistance levels, which suggests limited upside in the short term.
Seeking Alpha upgraded the stock to a 'Strong Buy' on 2026-02-
Expected Q4 earnings show a 65.6% YoY revenue growth.
The stock has a strong track record of exceeding EPS estimates 88% of the time over the past two years.
Recent financials show a YoY decline in net income (-43.92%) and EPS (-43.59%) in Q3
Gross margin dropped by 10.44% YoY, indicating potential profitability concerns.
Bearish technical indicators and lack of significant insider or hedge fund activity.
In Q3 2025, revenue increased by 6.15% YoY to $4.69 billion, but net income dropped by 43.92% YoY to $22.45 million. EPS also fell by 43.59% YoY to 0.66, and gross margin declined to 5.75, down 10.44% YoY.
Seeking Alpha upgraded the stock to 'Strong Buy' on 2026-02-26, reflecting positive sentiment. However, no additional analyst price target changes or ratings trends are available.
