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.
A number of analysts gave price targets for ENLK. The highest price target was 23, implying a possible profit of 38.87 percent. The lowest price target was 17, which equates to a potential downside of 2.64 percent. Note that investment analysts can be biased in their reporting on companies's ratings and price targets.
In the last 30 days, analysts have changed their quarterly earnings estimates upwards by an average of 0 percent. This can be compared with the average change in earnings estimates over the past 3 months, which is -16.67 percent. Meanwhile, fiscal year estimates have been revised downwards by -2.45 percent, compared to last month. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes -28.57 percent.
Another thing investors often look at is the level of agreement among analysts' revisions. 2 analysts made positive revisions to their quarterly estimates over the past month, which can be compared to the 0 analysts that decreased their estimates. During this time, 2 analysts made positive revisions in their estimates for this fiscal year's earnings, while 2 analysts decreased their estimates.
ENLK has a 52-week high of 19.89 and a 52-week low of 15.07. The current market price is above the trailing year's low by 9.9 percent, and below the high by 16.73 percent. ENLK has a P/E 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 stock has a market capitalization of $5.91 billion. ENLK is estimated to release their earnings results for the quarter on 0000-00-00, days from today.