Analyst Ratings for Viper Energy Partners L.P. Un (VNOM)Updated: 2017-07-27
Viper Energy Partners L.P. Un (NASDAQ:VNOM) was awarded an average rating of Buy from investment analysts following the stock. About 30 days ago, VNOM was issued an average rating of Buy.
Of the 11 analysts covering the stock, 10 gave it a buy rating, 0 gave an overweight rating, 1 gave a hold rating, 0 gave an underweight rating, and 0 gave a sell rating. Compared to three months ago, there has been an decrease of 1 in the number of analysts with a positive outlook on the stock. Over the same time period, there has been an increase of 0 in the number of analysts with a negative outlook on the stock.
VNOM was given price targets by several analysts. The maximum price target given was 25, which equates to a potential upside of 45.18 percent. The most pessimistic price target was 17, implying a possible loss of -1.28 percent. One must be careful with overanalyzing price targets and ratings due to possible conflicts of interest among the analysts releasing them.
Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of 2.27 percent. This can be compared with the average change in earnings estimates over the past 3 months, which is 9.76 percent. On the other hand, earnings estimates for the fiscal year have been revised downwards by -6.73 percent, as compared to a month ago. If we look at the last 90 days instead, we find a net average change of 3.67 percent in FY estimates.
Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. 3 analysts made positive revisions to their quarterly estimates over the past month, while 2 analysts revised their estimates downwards. Also over the last month, 2 analysts increased their estimates for the FY earnings, compared to 4 analysts that revised their FY estimates downwards.
The growth rate of VNOM's earnings is estimated by analysts to be 154.07 percent. People on Wall Street often look at a company's PEG ratio. Investors like to see smaller values for the PEG ratio, because people typically see that as an indicator of higher growth relative to stock price. Wall Street investors typically prefer a PEG ratio to be smaller than 1, though it could be better to see where the ratio stands relative to peers in the industry. VNOM has a PEG ratio of 0.32.
In the trailing 52-weeks, VNOM hit 19.38 at the highest peak, while it's lowest trading point was 13.53. The current market price is above the trailing year's low by 27.27 percent, and 11.15 percent lower than its 52-week high. VNOM has a P/E ratio of 49.29. Investors typically compare the P/E ratio to a company's peers in the industry. The VNOM value stock report compares VNOM to some of its peers using value stock charts. The market cap of VNOM is $1.99 billion. VNOM's next earnings release will be on 0000-00-00, which is days away.