Analyst Ratings for Piedmont Natural Gas Company, Inc. (PNY)Updated: 2016-10-02
A number of analysts gave price targets for PNY. The most optimistic price target was 60, which equates to a potential upside of -0.07 percent. The most pessimistic price target was 60, implying a possible loss of -0.07 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.
Analysts have revised their earnings estimates upwards for this quarter, by about 0 percent on average, compared to last month. This can be compared with the average change in earnings estimates over the past 3 months, which is 58.33 percent. On the other hand, earnings estimates for the fiscal year have been revised upwards by 0 percent, as compared to a month ago. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes -0 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 revised their estimates downwards. During this time, 2 analysts made positive revisions in their estimates for this fiscal year's earnings, while 0 analysts decreased their estimates.
PNY has an estimated earnings growth rate of 11.66 percent as forecasted by analysts. People on Wall Street often look at a company's PEG ratio. Smaller PEG ratios are desirable, because people typically see that as an indicator of higher growth relative to stock price. PEG ratios below 1 are often considered desirable, but many choose to perform ratio comparisons with other companies in the industry. The PEG ratio of PNY is 2.99.
PNY has traded between a high of 60.35 and a low of 39.96 over the past year. Today's price is 50.25 percent above the 52-week low, and below the high by 0.51 percent. PNY has a price/earnings ratio of 34.87. Investors typically compare the P/E ratio to a company's peers in the industry. The PNY value stock report compares PNY to some of its peers using value stock charts. The market cap of PNY is $4.99 billion. PNY is estimated to release their earnings results for the quarter on 2016-12-21, days from today.