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 price target was 20, which equates to a potential upside of 37.08 percent. The most pessimistic analyst gave a price target of 15, implying a possible loss of 2.81 percent. One must be careful with overanalyzing price targets and ratings due to possible conflicts of interest among the analysts releasing them.
In the last 30 days, analysts have changed their quarterly earnings estimates downwards by an average of -5.88 percent. That number becomes -2.94 percent if we expand the time horizon to include the past 3 months instead of just one. 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 have revised their quarterly estimates upwards in the past 30 days, while 3 analysts revised their estimates downwards. During this time, 0 analysts made positive revisions in their estimates for this fiscal year's earnings, while 3 analysts made negative revisions to their fiscal year's estimates.
ENBL has an estimated earnings growth rate of 13.59 percent as forecasted by analysts. It's possible to gain additional insight about growth valuation of a company by looking at 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. 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. The PEG ratio of ENBL is 1.45.
In the last 52-weeks, ENBL has achieved a high of 17.36 and a low of 12.04. Today's price is 21.18 percent above the 52-week low, and 15.96 percent below the high. ENBL has a P/E 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 stock has a market capitalization of $6.39 billion. ENBL will post this quarters earnings in days, on 0000-00-00.