Analyst Ratings for EQT Midstream Partners LP (EQM)

Updated: 2017-07-26

An average rating of Buy has been given to EQT Midstream Partners LP (NYSE:EQM) by analysts covering the stock. About 30 days ago, EQM was issued an average rating of Buy.

Of the 16 analysts covering the stock, 13 gave it a buy rating, 1 issued an overweight rating, 2 issued a hold rating, 0 issued an underweight rating, and 0 issued a sell rating. Over the past 90 days, the number of analysts that are bullish on the stock has decreased by 4. Meanwhile, the number of analysts pessimistic about the company has increased by 0.

EQM was given price targets by several analysts. The most optimistic price target was 107, implying a possible profit of 40.16 percent. The lowest price target was 79, implying a possible loss of 3.48 percent. Note that investment analysts can be biased in their reporting on companies's ratings and price targets.

Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of 0.38 percent. The average change in earnings estimates over the last 90 days is 1.98 percent. Over the past 30 days, FY earnings estimates have also changed upwards by 0.8 percent. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes 5.14 percent.

Another thing investors often look at is the level of agreement among analysts' revisions. 1 analysts made positive revisions to their quarterly estimates over the past month, while 2 analysts revised their estimates downwards. Also over the last month, 1 analysts increased their estimates for the FY earnings, compared to 3 analysts that revised their FY estimates downwards.

Analysts estimate earnings of EQM to grow at a rate of 10.61 percent. It's possible to gain additional insight about growth valuation of a company by looking at the PEG ratio. A lower PEG ratio is favorable, because that is often interpreted as the company being fairly priced relative to its growth rate. People often look for the PEG ratio to be under 1, even though it may be more relevant to compare the ratio to that of a firm's competitors. The PEG ratio of EQM is 1.39.

In the trailing 52-weeks, EQM hit 82.99 at the highest peak, while it's lowest trading point was 69.20. Today's price is 10.32 percent above the 52-week low, and below the high by 8.01 percent. EQM has a price/earnings ratio of 14.7. Investors typically compare the P/E ratio to a company's peers in the industry. The EQM value stock report compares EQM to some of its peers using value stock charts. The market cap of EQM is $6.15 billion. EQM's next earnings release will be on 0000-00-00, which is days away.