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

Updated: 2016-10-02

Investment analysts gave a few price targets for PNY. The most optimistic price target was 60, which equates to a potential upside of -0.07 percent. The minimum price target given was 60, implying potential capital losses of -0.07 percent. It is crucial to not blindly accept any price targets or stock ratings, because many analysts have it in their best interest to give positive coverage of certain stocks.

Analysts have revised their earnings estimates upwards for this quarter, by about 0 percent on average, compared to last month. That number becomes 58.33 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 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. Over the past month, 0 analysts increased their quarterly estimates, while 0 analysts revised their estimates downwards. Over the same time period, 2 analysts revised their FY earnings estimates upwards, compared to 0 analysts that revised their FY estimates downwards.

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. A lower PEG ratio is favorable, as that can indicate whether the high price level of a stock is warranted by high growth. Many investors consider PEG ratios between 0 and 1 as preferrable, though it could be better to see where the ratio stands relative to peers 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 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 -886 days, on 2016-12-21.