Analyst Ratings for Spectra Energy Partners L.P. (SEP)

Updated: 2017-07-28

Spectra Energy Partners L.P. (NYSE:SEP) was awarded an average rating of Overweight from investment analysts following the stock. Last month, SEP received an average rating of Overweight.

11 analysts declared SEP a buy, 1 gave an overweight rating, 3 gave a hold rating, 1 gave an underweight rating, and 1 issued a sell rating. Today, there are 0 more analysts optimistic about the company future as compared with 90 days ago. During this time, the number of analysts bearish on the stock has increased by 0.

Investment analysts gave a few price targets for SEP. The highest price target was 57, implying a possible profit of 26.55 percent. The minimum price target given was 45, which equates to a potential downside of -0.09 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.

In the last 30 days, analysts have changed their quarterly earnings estimates upwards by an average of 1.35 percent. This can be compared with the average change in earnings estimates over the past 3 months, which is 0.65 percent. Meanwhile, fiscal year estimates have been revised upwards by 1.11 percent, compared to last month. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes -2.75 percent.

Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. Over the past month, 2 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, while 0 analysts made negative revisions to their fiscal year's estimates.

The growth rate of SEP's earnings is estimated by analysts to be 15.53 percent. The PEG ratio of a stock is another value frequently studied by investors. A lower PEG ratio is favorable, as that can indicate whether the high price level of a stock is warranted by high growth. 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 SEP is 1.04.

In the last 52-weeks, SEP has achieved a high of 49.39 and a low of 40.19. Currently the stock is 12.07 percent higher than its low, and below the high by 8.81 percent. SEP has a P/E ratio of 16.14. Investors typically compare the P/E ratio to a company's peers in the industry. The SEP value stock report compares SEP to some of its peers using value stock charts. The market cap of SEP is $13.99 billion. SEP is estimated to release their earnings results for the quarter on 0000-00-00, days from today.