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

Updated: 2016-10-02



Many analysts weighed in on price targets for PNY. The most optimistic analyst gave a price target of 60, implying a possible profit of -0.07 percent. The minimum price target given was 60, which equates to a potential downside 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.

In the last 30 days, analysts have changed their quarterly earnings estimates upwards by an average of 0 percent. This can be compared with the average change in earnings estimates over the past 3 months, which is 58.33 percent. Over the past 30 days, FY earnings estimates have also changed upwards by 0 percent. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes -0 percent.

Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. 0 analysts made positive revisions to their quarterly estimates over the past month, which can be compared to the 0 analysts that decreased their estimates. During this time, 2 analysts made positive revisions in their estimates for this fiscal year's earnings, while 0 analysts decreased their estimates.

The growth rate of PNY's earnings is estimated by analysts to be 11.66 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 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, but many choose to perform ratio comparisons with other companies in the industry. 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 0.51 percent lower than its 52-week high. 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's next earnings release will be on 2016-12-21, which is -695 days away.