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.
Several price targets were given for ENBL by the analysts covering the stock. The most optimistic price target was 20, implying potential capital gains 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. 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.
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. During this time, 0 analysts made positive revisions in their estimates for this fiscal year's earnings, while 3 analysts decreased their estimates.
The growth rate of ENBL's earnings is estimated by analysts to be 13.59 percent. Another measure frequently examined by investors is the PEG ratio. Smaller PEG ratios are desirable, because people typically see that as an indicator of higher growth relative to stock price. 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.
ENBL has traded between a high of 17.36 and a low of 12.04 over the past year. Today's price is 21.18 percent above the 52-week low, 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.