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.

Several price targets were given for DM by the analysts covering the stock. The maximum price target given was 41, implying a possible profit of 49.64 percent. The lowest price target was 32, implying potential capital losses of 16.79 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.

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. 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, which can be compared to the 1 analysts that decreased their estimates. During this time, 0 analysts made positive revisions in their estimates for this fiscal year's earnings, compared to 1 analysts that revised their FY estimates downwards.

DM has an estimated earnings growth rate of 5.89 percent as forecasted by analysts. People on Wall Street often look at a company's PEG ratio. Investors like to see smaller values for the PEG ratio, because people typically see that as an indicator of higher growth relative to stock price. PEG ratios below 1 are often considered desirable, but many choose to perform ratio comparisons with other companies in the industry. The PEG ratio of DM is 3.48.

In the last 52-weeks, DM has achieved a high of 33.70 and a low of 23.17. Currently the stock is 18.26 percent higher than its low, and 18.69 percent lower than its 52-week 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 stock has a market capitalization of $2.74 billion. DM will post this quarters earnings in days, on 0000-00-00.