Analyst Ratings for Boardwalk Pipeline Partners L.P. (BWP)

Updated: 2017-07-26

Shares of Boardwalk Pipeline Partners L.P. (NYSE:BWP) have received a consensus rating of Overweight from Wall Street analysts. About 30 days ago, BWP was issued an average rating of Overweight.

7 analysts declared BWP a buy, 0 gave an overweight rating, 4 issued a hold rating, 0 issued an underweight rating, and 1 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. During this time, the number of analysts bearish on the stock has increased by 0.

Many analysts weighed in on price targets for BWP. The most optimistic analyst gave a price target of 23, implying potential capital gains of 32.56 percent. The minimum price target given was 18, which equates to a potential downside of 3.75 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 1.72 percent. That number becomes 7.34 percent if we expand the time horizon to include the past 3 months instead of just one. On the other hand, earnings estimates for the fiscal year have been revised upwards by 0.36 percent, as compared to a month ago. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes 8.55 percent.

Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. Over the past month, 2 analysts increased their quarterly estimates, while 0 analysts revised their estimates downwards. Also over the last month, 2 analysts increased their estimates for the FY earnings, while 0 analysts made negative revisions to their fiscal year's estimates.

Analysts estimate earnings of BWP to grow at a rate of 10.34 percent. It's possible to gain additional insight about growth valuation of a company by looking at the PEG ratio. A lower PEG ratio is favorable, 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, although it is frequently more appropriate to compare PEG ratios to the company's peers. BWP has a PEG ratio of 1.32.

BWP has a 52-week high of 18.95 and a 52-week low of 15.97. Currently the stock is 8.64 percent higher than its low, and below the high by 8.44 percent. BWP has a price/earnings ratio of 13.66. Investors typically compare the P/E ratio to a company's peers in the industry. The BWP value stock report compares BWP to some of its peers using value stock charts. The stock has a market capitalization of $4.34 billion. BWP's next earnings release will be on 0000-00-00, which is days away.