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 analyst gave a price target of 41, implying a possible profit of 49.64 percent. The most pessimistic price target was 32, which equates to a potential downside of 16.79 percent. It is advisable to not rely only on price targets or ratings, as these can be biased for some stocks.

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. On the other hand, earnings estimates for the fiscal year have been revised upwards by 0.68 percent, as compared to a month ago. If we look at the last 90 days instead, we find a net average change of 5.6 percent in FY estimates.

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 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.

The growth rate of DM's earnings is estimated by analysts to be 5.89 percent. People on Wall Street often look at a company's PEG ratio. Smaller PEG ratios are desirable, because people typically see that as an indicator of higher growth relative to stock price. Many investors consider PEG ratios between 0 and 1 as preferrable, although it is frequently more appropriate to compare PEG ratios to the company's peers. 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. The current market price is above the trailing year's low by 18.26 percent, and below the high by 18.69 percent. 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 stock has a market capitalization of $2.74 billion. DM will post this quarters earnings in days, on 0000-00-00.