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.
A number of analysts gave price targets for VNOM. The maximum price target given was 25, implying a possible profit of 45.18 percent. The lowest price target was 17, implying a possible loss of -1.28 percent. Some investors take price targets and stock ratings with a grain of salt, knowing that some analysts can have indirect business with the stocks they cover.
Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of 2.27 percent. That number becomes 9.76 percent if we expand the time horizon to include the past 3 months instead of just one. Meanwhile, fiscal year estimates have been revised downwards by -6.73 percent, compared to last month. If we look at the last 90 days instead, we find a net average change of 3.67 percent in FY estimates.
Another thing investors often look at is the level of agreement among analysts' revisions. Over the past month, 3 analysts increased their quarterly estimates, which can be compared to the 2 analysts that decreased their estimates. Also over the last month, 2 analysts increased their estimates for the FY earnings, while 4 analysts decreased their estimates.
The growth rate of VNOM's earnings is estimated by analysts to be 154.07 percent. It's possible to gain additional insight about growth valuation of a company by looking at the PEG ratio. Smaller PEG ratios are desirable, because that is often interpreted as the company being fairly priced relative to its growth rate. Wall Street investors typically prefer a PEG ratio to be smaller than 1, even though it may be more relevant to compare the ratio to that of a firm's competitors. The PEG ratio of VNOM is 0.32.
VNOM has traded between a high of 19.38 and a low of 13.53 over the past year. Currently the stock is 27.27 percent higher than its low, and 11.15 percent below the 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 stock has a market capitalization of $1.99 billion. VNOM will post this quarters earnings in days, on 0000-00-00.