Analyst Ratings for Piedmont Natural Gas Company, Inc. (PNY)

Updated: 2016-10-02



Many analysts weighed in on price targets for PNY. The maximum price target given was 60, implying potential capital gains of -0.07 percent. The most pessimistic analyst gave a price target of 60, implying a possible loss of -0.07 percent. One must be careful with overanalyzing price targets and ratings due to possible conflicts of interest among the analysts releasing them.

In the last 30 days, analysts have changed their quarterly earnings estimates upwards by an average of 0 percent. That number becomes 58.33 percent if we expand the time horizon to include the past 3 months instead of just one. Meanwhile, fiscal year estimates have been revised upwards by 0 percent, compared to last month. If we look at the last 90 days instead, we find a net average change of -0 percent in FY estimates.

Another thing investors often look at is the level of agreement among analysts' revisions. Over the past month, 0 analysts increased their quarterly estimates, which can be compared to the 0 analysts that decreased their estimates. Over the same time period, 2 analysts revised their FY earnings estimates upwards, while 0 analysts decreased their estimates.

Analysts estimate earnings of PNY to grow at a rate of 11.66 percent. The PEG ratio of a stock is another value frequently studied by investors. A lower PEG ratio is favorable, because people typically see that as an indicator of higher growth relative to stock price. Wall Street investors typically prefer a PEG ratio to be smaller than 1, although it is frequently more appropriate to compare PEG ratios to the company's peers. The PEG ratio of PNY is 2.99.

In the last 52-weeks, PNY has achieved a high of 60.35 and a low of 39.96. The current market price is above the trailing year's low by 50.25 percent, and below the high by 0.51 percent. PNY has a P/E 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 stock has a market capitalization of $4.99 billion. PNY will post this quarters earnings in -823 days, on 2016-12-21.