Analyst Ratings for EnLink Midstream LLC (ENLC)Updated: 2017-07-27
EnLink Midstream LLC (NYSE:ENLC) was awarded an average rating of Hold from investment analysts following the stock. About 30 days ago, ENLC was issued an average rating of Hold.
Of the 15 analysts covering the stock, 1 gave it a buy rating, 1 issued an overweight rating, 10 gave a hold rating, 0 issued an underweight rating, and 3 gave a sell rating. Today, there are 0 more analysts optimistic about the company future as compared with 90 days ago. Over the same time period, there has been an decrease of 2 in the number of analysts with a negative outlook on the stock.
A number of analysts gave price targets for ENLC. The highest price target was 21, which equates to a potential upside of 17.32 percent. The most pessimistic analyst gave a price target of 15, which equates to a potential downside of -16.2 percent. It is advisable to not rely only on price targets or ratings, as these can be biased for some stocks.
Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of -6.25 percent. The average change in earnings estimates over the last 90 days is -24.75 percent. Meanwhile, fiscal year estimates have been revised downwards by -10.99 percent, compared to last month. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes -28.71 percent.
Another thing investors often look at is the level of agreement among analysts' revisions. 0 analysts made positive revisions to their quarterly estimates over the past month, while 1 analysts revised their estimates downwards. Over the same time period, 0 analysts revised their FY earnings estimates upwards, compared to 2 analysts that revised their FY estimates downwards.
In the last 52-weeks, ENLC has achieved a high of 20.45 and a low of 14.70. Today's price is 21.77 percent above the 52-week low, and 12.47 percent below the high. ENLC has a P/E ratio of 0. Investors typically compare the P/E ratio to a company's peers in the industry. The ENLC value stock report compares ENLC to some of its peers using value stock charts. The stock has a market capitalization of $3.23 billion. ENLC will post this quarters earnings in days, on 0000-00-00.