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.
DPM was given price targets by several analysts. The most optimistic analyst gave a price target of 42, which equates to a potential upside of 11.7 percent. The most pessimistic price target was 33, implying a possible loss of -12.23 percent. Note that investment analysts can be biased in their reporting on companies's ratings and price targets.
Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of -2.98 percent. This can be compared with the average change in earnings estimates over the past 3 months, which is -3 percent. On the other hand, earnings estimates for the fiscal year have been revised downwards by -0.87 percent, as compared to a month ago. If we look at the last 90 days instead, we find a net average change of 5.48 percent in FY estimates.
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 5 analysts that decreased their estimates. Over the same time period, 0 analysts revised their FY earnings estimates upwards, while 2 analysts made negative revisions to their fiscal year's estimates.
DPM has an estimated earnings growth rate of -12.34 percent as forecasted by analysts. People on Wall Street often look at a company's PEG ratio. A lower PEG ratio is favorable, as that can indicate whether the high price level of a stock is warranted by high growth. 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 DPM is -1.72.
DPM has a 52-week high of 39.49 and a 52-week low of 15.25. The current market price is above the trailing year's low by 146.56 percent, 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 stock has a market capitalization of $4.36 billion. DPM's next earnings release will be on 2017-02-22, which is -632 days away.