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.
Investment analysts gave a few price targets for OKS. The maximum price target given was 60.08, implying a possible profit of 17.64 percent. The lowest price target was 47, implying a possible loss of -7.97 percent. Many analysts are not unbiased in their coverage of stocks, including price targets and stock ratings, so care must be taken in interpreting numbers released by them.
Analysts have revised their earnings estimates upwards for this quarter, by about 0 percent on average, compared to last month. 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. 0 analysts have revised their quarterly estimates upwards in the past 30 days, while 0 analysts made negative revisions. During this time, 0 analysts made positive revisions in their estimates for this fiscal year's earnings, while 0 analysts made negative revisions to their fiscal year's estimates.
Analysts estimate earnings of OKS to grow at a rate of 13.32 percent. It's possible to gain additional insight about growth valuation of a company by looking at the PEG ratio. Investors like to see smaller values for the PEG ratio, 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, but many choose to perform ratio comparisons with other companies in the industry. OKS has a PEG ratio of 1.67.
In the trailing 52-weeks, OKS hit 57.41 at the highest peak, while it's lowest trading point was 36.13. Today's price is 41.35 percent above the 52-week low, and 11.04 percent below the high. OKS has a price/earnings 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 stock has a market capitalization of $14.6 billion. OKS is estimated to release their earnings results for the quarter on 0000-00-00, days from today.