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.

Investment analysts gave a few price targets for CPPL. The maximum price target given was 18, which equates to a potential upside of 5.88 percent. The most pessimistic price target was 17, implying a possible loss of 0 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 0 percent. This can be compared with the average change in earnings estimates over the past 3 months, which is 0 percent. Meanwhile, fiscal year estimates have been revised upwards by 0 percent, compared to last month. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes -8.92 percent.

Another thing investors often look at is the level of agreement among analysts' revisions. Over the past month, 0 analysts increased their quarterly estimates, while 0 analysts revised their estimates downwards. Also over the last month, 0 analysts increased their estimates for the FY earnings, compared to 0 analysts that revised their FY estimates downwards.

Analysts estimate earnings of CPPL to grow at a rate of 35.04 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, because people typically see that as an indicator of higher growth relative to stock price. PEG ratios below 1 are often considered desirable, even though it may be more relevant to compare the ratio to that of a firm's competitors. The PEG ratio of CPPL is 0.66.

In the trailing 52-weeks, CPPL hit 19.49 at the highest peak, while it's lowest trading point was 11.77. Currently the stock is 44.44 percent higher than its 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 is estimated to release their earnings results for the quarter on 2017-02-16, days from today.