Analyst Ratings for EnLink Midstream Partners L.P. (ENLK)

Updated: 2017-07-28

EnLink Midstream Partners L.P. (NYSE:ENLK) was awarded an average rating of Overweight from investment analysts following the stock. A consensus rating of Hold was previously issued for ENLK last month.

Of the 18 analysts covering the stock, 4 gave it a buy rating, 3 issued an overweight rating, 10 gave a hold rating, 0 issued an underweight rating, and 1 issued a sell rating. Over the past 90 days, the number of analysts that are bullish on the stock has increased by 0. Over the same time period, there has been an increase of 0 in the number of analysts with a negative outlook on the stock.

Several price targets were given for ENLK by the analysts covering the stock. The most optimistic analyst gave a price target of 23, implying a possible profit of 38.87 percent. The most pessimistic analyst gave a price target of 17, which equates to a potential downside of 2.64 percent. It is advisable to not rely only on price targets or ratings, as these can be biased for some stocks.

In the last 30 days, analysts have changed their quarterly earnings estimates upwards by an average of 0 percent. The average change in earnings estimates over the last 90 days is -16.67 percent. Over the past 30 days, FY earnings estimates have also changed downwards by -2.45 percent. If we look at the last 90 days instead, we find a net average change of -28.57 percent in FY estimates.

Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. 2 analysts have revised their quarterly estimates upwards in the past 30 days, which can be compared to the 0 analysts that decreased their estimates. Also over the last month, 2 analysts increased their estimates for the FY earnings, while 2 analysts decreased their estimates.

In the last 52-weeks, ENLK has achieved a high of 19.89 and a low of 15.07. Today's price is 9.9 percent above the 52-week low, and below the high by 16.73 percent. ENLK has a price/earnings ratio of 0. Investors typically compare the P/E ratio to a company's peers in the industry. The ENLK value stock report compares ENLK to some of its peers using value stock charts. The market cap of ENLK is $5.91 billion. ENLK is estimated to release their earnings results for the quarter on 0000-00-00, days from today.