Analyst Ratings for Enable Midstream Partners LP (ENBL)Updated: 2017-07-28
Analysts covering Enable Midstream Partners LP (NYSE:ENBL) have given it a consensus rating of Overweight. ENBL had previously received a consensus rating of Overweight a month ago.
A buy rating was issued by 6 analysts, 0 gave an overweight rating, 6 issued a hold rating, 0 issued an underweight rating, and 2 gave a sell rating. Compared to three months ago, there has been an increase of 1 in the number of analysts with a positive outlook on the stock. During this time, the number of analysts bearish on the stock has increased by 0.
ENBL was given price targets by several analysts. The most optimistic analyst gave a price target of 20, implying a possible profit of 37.08 percent. The lowest price target was 15, which equates to a potential downside of 2.81 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 -5.88 percent on average, compared to last month. The average change in earnings estimates over the last 90 days is -2.94 percent. On the other hand, earnings estimates for the fiscal year have been revised downwards by -1.76 percent, as compared to a month ago. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes 7.69 percent.
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 3 analysts that decreased their estimates. Over the same time period, 0 analysts revised their FY earnings estimates upwards, compared to 3 analysts that revised their FY estimates downwards.
ENBL has an estimated earnings growth rate of 13.59 percent as forecasted by analysts. People on Wall Street often look at a company's PEG ratio. Investors like to see smaller values for the PEG ratio, 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, even though it may be more relevant to compare the ratio to that of a firm's competitors. ENBL has a PEG ratio of 1.45.
In the trailing 52-weeks, ENBL hit 17.36 at the highest peak, while it's lowest trading point was 12.04. The current market price is above the trailing year's low by 21.18 percent, and 15.96 percent lower than its 52-week high. ENBL has a price/earnings ratio of 19.72. Investors typically compare the P/E ratio to a company's peers in the industry. The ENBL value stock report compares ENBL to some of its peers using value stock charts. The market cap of ENBL is $6.39 billion. ENBL will post this quarters earnings in days, on 0000-00-00.