Analyst Ratings for Columbia Pipeline Partners LP (CPPL)

Updated: 2017-02-13

Columbia Pipeline Partners LP (NYSE:CPPL) was awarded an average rating of Hold from investment analysts following the stock. A consensus rating of Hold was previously issued for CPPL last month.

0 analysts declared CPPL a buy, 0 issued an overweight rating, 6 gave a hold rating, 0 gave an underweight rating, and 0 issued a sell rating. Today, there are 1 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.

CPPL was given price targets by several analysts. The maximum price target given was 18, implying a possible profit of 5.88 percent. The most pessimistic analyst gave a price target of 17, implying potential capital losses of 0 percent. It is crucial to not blindly accept any price targets or stock ratings, because many analysts have it in their best interest to give positive coverage of certain stocks.

Analysts have revised their earnings estimates upwards for this quarter, by about 0 percent on average, compared to last month. That number becomes 0 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 percent, as compared to a month ago. If we look at the last 90 days instead, we find a net average change of -8.92 percent in FY estimates.

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

CPPL has an estimated earnings growth rate of 35.04 percent as forecasted by analysts. People on Wall Street often look at a company's PEG ratio. Smaller PEG ratios are desirable, because that is often interpreted as the company being fairly priced relative to its growth rate. PEG ratios below 1 are often considered desirable, although it is frequently more appropriate to compare PEG ratios to the company's peers. The PEG ratio of CPPL is 0.66.

CPPL has traded between a high of 19.49 and a low of 11.77 over the past year. Today's price is 44.44 percent above the 52-week low, and 12.78 percent below the high. CPPL has a price/earnings ratio of 23.24. Investors typically compare the P/E ratio to a company's peers in the industry. The CPPL value stock report compares CPPL to some of its peers using value stock charts. The market cap of CPPL is $1.71 billion. CPPL will post this quarters earnings in -642 days, on 2017-02-16.