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 maximum price target given was 20, implying potential capital gains of 37.08 percent. The minimum price target given was 15, implying a possible loss 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. This can be compared with the average change in earnings estimates over the past 3 months, which is -2.94 percent. Meanwhile, fiscal year estimates have been revised downwards by -1.76 percent, compared to last month. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes 7.69 percent.
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, 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, while 3 analysts decreased their estimates.
ENBL has an estimated earnings growth rate of 13.59 percent as forecasted by analysts. Another measure frequently examined by investors is the 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. PEG ratios below 1 are often considered desirable, but many choose to perform ratio comparisons with other companies in the industry. 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's next earnings release will be on 0000-00-00, which is days away.