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.

BWP was given price targets by several analysts. The maximum price target given was 23, which equates to a potential upside 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. This can be compared with the average change in earnings estimates over the past 3 months, which is 7.34 percent. 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.

People are often interested in whether analysts were united in the direction of their revisions. 2 analysts made positive revisions to their quarterly estimates over the past month, while 0 analysts made negative revisions. Also over the last month, 2 analysts increased their estimates for the FY earnings, while 0 analysts decreased their 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. 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, although it is frequently more appropriate to compare PEG ratios to the company's peers. 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 8.44 percent below the high. 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.