Analyst Ratings for ONEOK Partners L.P. (OKS)

Updated: 2017-07-01

An average rating of Hold has been given to ONEOK Partners L.P. (NYSE:OKS) by analysts covering the stock. Last month, OKS received an average rating of Overweight.

3 analysts declared OKS a buy, 0 gave an overweight rating, 12 issued a hold rating, 0 issued an underweight rating, and 0 issued 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 1 in the number of analysts with a negative outlook on the stock.

Many analysts weighed in on price targets for OKS. The most optimistic analyst gave a price target of 60.08, implying a possible profit of 17.64 percent. The most pessimistic price target was 47, which equates to a potential downside of -7.97 percent. Some investors take price targets and stock ratings with a grain of salt, knowing that some analysts can have indirect business with the stocks they cover.

In the last 30 days, analysts have changed their quarterly earnings estimates upwards by an average of 0 percent. That number becomes -3.25 percent if we expand the time horizon to include the past 3 months instead of just one. On the other hand, earnings estimates for the fiscal year have been revised downwards by -0.94 percent, as compared to a month ago. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes -1.48 percent.

Another thing investors often look at is the level of agreement among analysts' revisions. Over the past month, 0 analysts increased their quarterly estimates, while 0 analysts revised their estimates downwards. During this time, 0 analysts made positive revisions in their estimates for this fiscal year's earnings, while 0 analysts decreased their estimates.

Analysts estimate earnings of OKS to grow at a rate of 13.32 percent. People on Wall Street often look at a company's PEG ratio. Investors like to see smaller values for the PEG ratio, because people typically see that as an indicator of higher growth relative to stock price. People often look for the PEG ratio to be under 1, though it could be better to see where the ratio stands relative to peers in the industry. The PEG ratio of OKS is 1.67.

OKS has a 52-week high of 57.41 and a 52-week low of 36.13. Currently the stock is 41.35 percent higher than its low, and 11.04 percent lower than its 52-week high. OKS has a P/E ratio of 22.2. Investors typically compare the P/E ratio to a company's peers in the industry. The OKS value stock report compares OKS to some of its peers using value stock charts. The market cap of OKS is $14.6 billion. OKS is estimated to release their earnings results for the quarter on 0000-00-00, days from today.