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 highest price target was 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. It is advisable to not rely only on price targets or ratings, as these can be biased for some stocks.

Analysts have revised their earnings estimates upwards for this quarter, by about 1.72 percent on average, compared to last month. This can be compared with the average change in earnings estimates over the past 3 months, which is 7.34 percent. Over the past 30 days, FY earnings estimates have also changed upwards by 0.36 percent. If we look at the last 90 days instead, we find a net average change of 8.55 percent in FY estimates.

People are often interested in whether analysts were united in the direction of their revisions. 2 analysts have revised their quarterly estimates upwards in the past 30 days, while 0 analysts revised their estimates downwards. 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. Another measure frequently examined by investors is the PEG ratio. Smaller PEG ratios are desirable, because that is often interpreted as the company being fairly priced relative to its growth rate. People often look for the PEG ratio to be under 1, but many choose to perform ratio comparisons with other companies in the industry. BWP has a PEG ratio of 1.32.

BWP has traded between a high of 18.95 and a low of 15.97 over the past year. Currently the stock is 8.64 percent higher than its low, and 8.44 percent lower than its 52-week high. 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 is estimated to release their earnings results for the quarter on 0000-00-00, days from today.