Analyst Ratings for Dominion Energy Midstream Partners LP (DM)

Updated: 2017-07-28

Shares of Dominion Energy Midstream Partners LP (NYSE:DM) have received a consensus rating of Overweight from Wall Street analysts. A consensus rating of Buy was previously issued for DM last month.

14 analysts issued ratings on the stock, where 10 gave DM a buy rating, 0 gave an overweight rating, 4 gave a hold rating, 0 issued an underweight rating, and 0 issued a sell rating. Over the past 90 days, the number of analysts that are bullish on the stock has decreased by 2. During this time, the number of analysts bearish on the stock has increased by 0.

A number of analysts gave price targets for DM. The most optimistic price target was 41, implying a possible profit of 49.64 percent. The most pessimistic price target was 32, implying a possible loss of 16.79 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.

In the last 30 days, analysts have changed their quarterly earnings estimates downwards by an average of -1.23 percent. The average change in earnings estimates over the last 90 days is 4.5 percent. Over the past 30 days, FY earnings estimates have also changed upwards by 0.68 percent. If we look at the last 90 days instead, we find a net average change of 5.6 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, while 1 analysts revised their estimates downwards. Also over the last month, 0 analysts increased their estimates for the FY earnings, while 1 analysts decreased their estimates.

Analysts estimate earnings of DM to grow at a rate of 5.89 percent. The PEG ratio of a stock is another value frequently studied by investors. Smaller PEG ratios are desirable, as that can indicate whether the high price level of a stock is warranted by high growth. People often look for the PEG ratio to be under 1, even though it may be more relevant to compare the ratio to that of a firm's competitors. DM has a PEG ratio of 3.48.

In the trailing 52-weeks, DM hit 33.70 at the highest peak, while it's lowest trading point was 23.17. Today's price is 18.26 percent above the 52-week low, and 18.69 percent lower than its 52-week high. DM has a P/E ratio of 20.51. Investors typically compare the P/E ratio to a company's peers in the industry. The DM value stock report compares DM to some of its peers using value stock charts. The market cap of DM is $2.74 billion. DM will post this quarters earnings in days, on 0000-00-00.