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.

Several price targets were given for BWP by the analysts covering the stock. The most optimistic analyst gave a price target of 23, implying a possible profit of 32.56 percent. The minimum price target given was 18, implying potential capital losses of 3.75 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 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. If we look at the last 90 days instead, we find a net average change of 8.55 percent in FY estimates.

Another thing investors often look at is the level of agreement among analysts' revisions. 2 analysts made positive revisions to their quarterly estimates over the past month, while 0 analysts made negative revisions. During this time, 2 analysts made positive revisions in their estimates for this fiscal year's earnings, compared to 0 analysts that revised their FY estimates downwards.

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. Smaller PEG ratios are desirable, as that can indicate whether the high price level of a stock is warranted by high growth. Many investors consider PEG ratios between 0 and 1 as preferrable, though it could be better to see where the ratio stands relative to peers in the industry. BWP has a PEG ratio of 1.32.

In the last 52-weeks, BWP has achieved a high of 18.95 and a low of 15.97. The current market price is above the trailing year's low by 8.64 percent, and below the high by 8.44 percent. BWP has a P/E 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.