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, implying potential capital gains of 49.64 percent. The most pessimistic analyst gave a price target of 32, which equates to a potential downside of 16.79 percent. One must be careful with overanalyzing price targets and ratings due to possible conflicts of interest among the analysts releasing them.
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. On the other hand, earnings estimates for the fiscal year have been revised upwards by 0.68 percent, as compared to a month ago. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes 5.6 percent.
Another thing investors often look at is the level of agreement among analysts' revisions. 0 analysts made positive revisions to their quarterly estimates over the past month, 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.
The growth rate of DM's earnings is estimated by analysts to be 5.89 percent. It's possible to gain additional insight about growth valuation of a company by looking at the 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. Many investors consider PEG ratios between 0 and 1 as preferrable, but many choose to perform ratio comparisons with other companies in the industry. The PEG ratio of DM is 3.48.
DM has a 52-week high of 33.70 and a 52-week low of 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 stock has a market capitalization of $2.74 billion. DM's next earnings release will be on 0000-00-00, which is days away.