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.
Investment analysts gave a few price targets for ENLC. The most optimistic price target was 21, implying a possible profit of 17.32 percent. The minimum price target given was 15, implying a possible loss of -16.2 percent. Note that investment analysts can be biased in their reporting on companies's ratings and price targets.
Analysts have revised their earnings estimates downwards for this quarter, by about -6.25 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 -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.
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 1 analysts that decreased their estimates. Over the same time period, 0 analysts revised their FY earnings estimates upwards, while 2 analysts made negative revisions to their fiscal year's estimates.
ENLC has a 52-week high of 20.45 and a 52-week low of 14.70. Currently the stock is 21.77 percent higher than its low, and 12.47 percent lower than its 52-week 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's next earnings release will be on 0000-00-00, which is days away.