$0.05 EPS Expected for EnLink Midstream Partners, LP (ENLK)

April 20, 2018 - By Michael Collier

Analysts expect EnLink Midstream Partners, LP (NYSE:ENLK) to report $0.05 EPS on May, 1 after the close.They anticipate $0.06 EPS change or 600.00 % from last quarter’s $-0.01 EPS. ENLK’s profit would be $17.58M giving it 70.05 P/E if the $0.05 EPS is correct. After having $0.05 EPS previously, EnLink Midstream Partners, LP’s analysts see 0.00 % EPS growth. The stock decreased 1.82% or $0.26 during the last trading session, reaching $14.01. About 862,272 shares traded or 1.50% up from the average. EnLink Midstream Partners, LP (NYSE:ENLK) has declined 24.93% since April 20, 2017 and is downtrending. It has underperformed by 36.48% the S&P500.

EnLink Midstream Partners, LP (NYSE:ENLK) Ratings Coverage

Among 13 analysts covering EnLink Midstream Partners (NYSE:ENLK), 6 have Buy rating, 0 Sell and 7 Hold. Therefore 46% are positive. EnLink Midstream Partners had 19 analyst reports since November 2, 2017 according to SRatingsIntel. The rating was maintained by RBC Capital Markets with “Buy” on Tuesday, January 16. Morgan Stanley maintained the stock with “Equal-Weight” rating in Friday, November 17 report. The firm has “Buy” rating by UBS given on Friday, March 2. The rating was upgraded by JP Morgan on Wednesday, April 4 to “Overweight”. Robert W. Baird maintained EnLink Midstream Partners, LP (NYSE:ENLK) on Tuesday, January 23 with “Buy” rating. The firm has “Buy” rating given on Thursday, February 8 by Bank of America. The firm has “Buy” rating by Robert W. Baird given on Monday, February 12. The firm has “Buy” rating given on Thursday, November 2 by Citigroup. On Wednesday, April 4 the stock rating was upgraded by J.P. Morgan to “Buy”. Guggenheim maintained EnLink Midstream Partners, LP (NYSE:ENLK) rating on Monday, April 16. Guggenheim has “Hold” rating and $1600 target.

EnLink Midstream Partners, LP, through its subsidiary, EnLink Midstream Operating, LP, provides midstream energy services. The company has market cap of $4.93 billion. The firm provides gathering, transmission, processing, fractionation, storage, condensate stabilization, brine, and marketing services to producers of natural gas, natural gas liquids , crude oil, and condensate. It has a 280.2 P/E ratio. It connects the wells of natural gas producers to its gathering systems; processes natural gas for the removal of NGLs; fractionates NGLs into purity products; markets the purity products; and transports natural gas to various markets.

EnLink Midstream Partners, LP (NYSE:ENLK) Ratings Chart

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