Analyst Ratings for Phillips 66 Partners LP (PSXP)

Updated: 2017-07-28

An average rating of Overweight has been given to Phillips 66 Partners LP (NYSE:PSXP) by analysts covering the stock. Last month, PSXP received an average rating of Overweight.

10 analysts declared PSXP a buy, 1 gave an overweight rating, 5 gave a hold rating, 0 issued an underweight rating, and 1 gave a sell rating. Compared to three months ago, there has been an increase of 0 in the number of analysts with a positive outlook on the stock. Meanwhile, the number of analysts pessimistic about the company has increased by 0.

A number of analysts gave price targets for PSXP. The most optimistic analyst gave a price target of 68, implying a possible profit of 36.27 percent. The minimum price target given was 53, implying a possible loss of 6.21 percent. Note that investment analysts can be biased in their reporting on companies's ratings and price targets.

In the last 30 days, analysts have changed their quarterly earnings estimates downwards by an average of -2.8 percent. That number becomes -11.97 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 -1.02 percent, as compared to a month ago. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes -5.05 percent.

Another thing investors often look at is the level of agreement among analysts' revisions. Over the past month, 2 analysts increased their quarterly estimates, while 3 analysts made negative revisions. During this time, 2 analysts made positive revisions in their estimates for this fiscal year's earnings, while 4 analysts decreased their estimates.

PSXP has an estimated earnings growth rate of 22.82 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, but many choose to perform ratio comparisons with other companies in the industry. The PEG ratio of PSXP is 0.94.

PSXP has a 52-week high of 58.00 and a 52-week low of 42.47. Currently the stock is 17.49 percent higher than its low, and below the high by 13.97 percent. PSXP has a P/E ratio of 21.37. Investors typically compare the P/E ratio to a company's peers in the industry. The PSXP value stock report compares PSXP to some of its peers using value stock charts. The stock has a market capitalization of $5.27 billion. PSXP will post this quarters earnings in days, on 0000-00-00.