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 highest price target was 42, implying potential capital gains of 11.7 percent. The minimum price target given was 33, which equates to a potential downside 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. 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. 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, while 5 analysts revised their estimates downwards. Also over the last month, 0 analysts increased their estimates for the FY earnings, while 2 analysts decreased their estimates.
The growth rate of DPM's earnings is estimated by analysts to be -12.34 percent. The PEG ratio of a stock is another value frequently studied by investors. Investors like to see smaller values for the PEG ratio, because that is often interpreted as the company being fairly priced relative to its growth rate. Many investors consider PEG ratios between 0 and 1 as preferrable, though it could be better to see where the ratio stands relative to peers in the industry. DPM has a PEG ratio of -1.72.
In the last 52-weeks, DPM has achieved a high of 39.49 and a 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 is estimated to release their earnings results for the quarter on 2017-02-22, days from today.