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.
Investment analysts gave a few price targets for ENBL. The most optimistic price target was 20, implying potential capital gains of 37.08 percent. The most pessimistic price target was 15, which equates to a potential downside of 2.81 percent. Some investors take price targets and stock ratings with a grain of salt, knowing that some analysts can have indirect business with the stocks they cover.
In the last 30 days, analysts have changed their quarterly earnings estimates downwards by an average of -5.88 percent. This can be compared with the average change in earnings estimates over the past 3 months, which is -2.94 percent. Over the past 30 days, FY earnings estimates have also changed downwards by -1.76 percent. If we look at the last 90 days instead, we find a net average change of 7.69 percent in FY estimates.
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. Also over the last month, 0 analysts increased their estimates for the FY earnings, while 3 analysts decreased their estimates.
The growth rate of ENBL's earnings is estimated by analysts to be 13.59 percent. It's possible to gain additional insight about growth valuation of a company by looking at the 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. PEG ratios below 1 are often considered desirable, though it could be better to see where the ratio stands relative to peers 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 below the high by 15.96 percent. 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 stock has a market capitalization of $6.39 billion. ENBL will post this quarters earnings in days, on 0000-00-00.