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.
OKS was given price targets by several analysts. The maximum price target given was 60.08, implying a possible profit of 17.64 percent. The minimum price target given 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.
Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change 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. Meanwhile, fiscal year estimates have been revised downwards by -0.94 percent, compared to last month. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes -1.48 percent.
People are often interested in whether analysts were united in the direction of their revisions. 0 analysts made positive revisions to their quarterly estimates over the past month, while 0 analysts made negative revisions. Over the same time period, 0 analysts revised their FY earnings estimates upwards, while 0 analysts decreased their estimates.
The growth rate of OKS's earnings is estimated by analysts to be 13.32 percent. The PEG ratio of a stock is another value frequently studied by investors. Smaller PEG ratios are desirable, because that is often interpreted as the company being fairly priced relative to its growth rate. Many investors consider PEG ratios between 0 and 1 as preferrable, even though it may be more relevant to compare the ratio to that of a firm's competitors. OKS has a PEG ratio of 1.67.
In the last 52-weeks, OKS has achieved a high of 57.41 and a low of 36.13. The current market price is above the trailing year's low by 41.35 percent, 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 will post this quarters earnings in days, on 0000-00-00.