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.

DM was given price targets by several analysts. The highest price target was 41, which equates to a potential upside of 49.64 percent. The lowest price target was 32, implying a possible loss of 16.79 percent. Many analysts are not unbiased in their coverage of stocks, including price targets and stock ratings, so care must be taken in interpreting numbers released by them.

Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of -1.23 percent. This can be compared with the average change in earnings estimates over the past 3 months, which is 4.5 percent. Over the past 30 days, FY earnings estimates have also changed upwards by 0.68 percent. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes 5.6 percent.

People are often interested in whether analysts were united in the direction of their revisions. 0 analysts have revised their quarterly estimates upwards in the past 30 days, while 1 analysts made negative revisions. Over the same time period, 0 analysts revised their FY earnings estimates upwards, while 1 analysts decreased their estimates.

DM has an estimated earnings growth rate of 5.89 percent as forecasted by analysts. Another measure frequently examined by investors is 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. People often look for the PEG ratio to be under 1, although it is frequently more appropriate to compare PEG ratios to the company's peers. DM has a PEG ratio of 3.48.

DM has traded between a high of 33.70 and a low of 23.17 over the past year. The current market price is above the trailing year's low by 18.26 percent, and 18.69 percent below the high. DM has a price/earnings 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 is estimated to release their earnings results for the quarter on 0000-00-00, days from today.