Analyst Ratings for DCP Midstream LP (DPM)Updated: 2017-01-22
DCP Midstream LP (NYSE:DPM) was awarded an average rating of Hold from investment analysts following the stock. Last month, DPM received an average rating of Hold.
A buy rating was issued by 2 analysts, 0 gave an overweight rating, 12 issued a hold rating, 0 gave an underweight rating, and 3 issued a sell rating. Over the past 90 days, the number of analysts that are bullish on the stock has increased by 0. Over the same time period, there has been an increase of 1 in the number of analysts with a negative outlook on the stock.
Many analysts weighed in on price targets for DPM. The maximum price target given was 42, which equates to a potential upside of 11.7 percent. The lowest price target was 33, which equates to a potential downside of -12.23 percent. It is advisable to not rely only on price targets or ratings, as these can be biased for some stocks.
Analysts have revised their earnings estimates downwards for this quarter, by about -2.98 percent on average, compared to last month. The average change in earnings estimates over the last 90 days is -3 percent. Meanwhile, fiscal year estimates have been revised downwards by -0.87 percent, compared to last month. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes 5.48 percent.
Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. 0 analysts have revised their quarterly estimates upwards in the past 30 days, while 5 analysts revised their estimates downwards. During this time, 0 analysts made positive revisions in their estimates for this fiscal year's earnings, while 2 analysts made negative revisions to their fiscal year's estimates.
Analysts estimate earnings of DPM to grow at a rate of -12.34 percent. It's possible to gain additional insight about growth valuation of a company by looking at the PEG ratio. Smaller PEG ratios are desirable, because people typically see that as an indicator of higher growth relative to stock price. Wall Street investors typically prefer a PEG ratio to be smaller than 1, but many choose to perform ratio comparisons with other companies in the industry. DPM has a PEG ratio of -1.72.
DPM has traded between a high of 39.49 and a low of 15.25 over the past year. Today's price is 146.56 percent above the 52-week low, and below the high by 4.79 percent. DPM has a price/earnings ratio of 21.24. Investors typically compare the P/E ratio to a company's peers in the industry. The DPM value stock report compares DPM to some of its peers using value stock charts. The market cap of DPM is $4.36 billion. DPM will post this quarters earnings in -818 days, on 2017-02-22.