Analyst Ratings for Black Stone Minerals L.P. (BSM)

Updated: 2017-07-26

Black Stone Minerals L.P. (NYSE:BSM) was awarded an average rating of Overweight from investment analysts following the stock. Last month, BSM received an average rating of Buy.

A buy rating was issued by 3 analysts, 1 issued an overweight rating, 1 issued a hold rating, 0 issued an underweight rating, and 0 gave a sell rating. Today, there are 3 more analysts optimistic about the company future as compared with 90 days ago. Meanwhile, the number of analysts pessimistic about the company has increased by 0.

Several price targets were given for BSM by the analysts covering the stock. The most optimistic analyst gave a price target of 20, implying a possible profit of 22.1 percent. The minimum price target given was 17, implying a possible loss of 3.79 percent. Many analysts are not unbiased in their coverage of stocks, including price targets and stock ratings, so care must be taken in interpreting numbers released by them.

In the last 30 days, analysts have changed their quarterly earnings estimates upwards by an average of 5.26 percent. The average change in earnings estimates over the last 90 days is 25.88 percent. Over the past 30 days, FY earnings estimates have also changed upwards by 0.65 percent. If we look at the last 90 days instead, we find a net average change of 22.62 percent in FY estimates.

Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. 2 analysts made positive revisions to their quarterly estimates over the past month, which can be compared to the 0 analysts that decreased their estimates. Over the same time period, 2 analysts revised their FY earnings estimates upwards, while 2 analysts decreased their estimates.

BSM has an estimated earnings growth rate of 143.36 percent as forecasted by analysts. Another measure frequently examined by investors is the PEG ratio. A lower PEG ratio is favorable, 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, although it is frequently more appropriate to compare PEG ratios to the company's peers. BSM has a PEG ratio of 0.33.

In the last 52-weeks, BSM has achieved a high of 19.86 and a low of 15.07. The current market price is above the trailing year's low by 8.69 percent, and below the high by 17.52 percent. BSM has a P/E ratio of 47.82. Investors typically compare the P/E ratio to a company's peers in the industry. The BSM value stock report compares BSM to some of its peers using value stock charts. The stock has a market capitalization of $3.13 billion. BSM is estimated to release their earnings results for the quarter on 0000-00-00, days from today.