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.

Investment analysts gave a few price targets for DPM. The highest price target was 42, implying potential capital gains of 11.7 percent. The minimum price target given was 33, implying potential capital losses of -12.23 percent. It is crucial to not blindly accept any price targets or stock ratings, because many analysts have it in their best interest to give positive coverage of certain stocks.

In the last 30 days, analysts have changed their quarterly earnings estimates downwards by an average of -2.98 percent. The average change in earnings estimates over the last 90 days 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.

Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. 0 analysts made positive revisions to their quarterly estimates over the past month, 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. Another measure frequently examined by investors is the PEG ratio. A lower PEG ratio is favorable, because that is often interpreted as the company being fairly priced relative to its growth rate. PEG ratios below 1 are often considered desirable, although it is frequently more appropriate to compare PEG ratios to the company's peers. 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 4.79 percent below the high. DPM has a P/E 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 will post this quarters earnings in -758 days, on 2017-02-22.