EnLink Midstream Partners, LP (NYSE:ENLK) registered a 3.74% increase, still its new closing price is 223.38% up from the company’s 1 year high of 19.03.It posted 4.18% gains in previous 5 sessions and is now the subject of 9 analysts who together assign a hold rating on stock. 1 of Wall Street analysts have an underperform rating; the 0 sells versus 3 buy or better ratings. The 16 stock analysts following this company have an average price target at $18.86, with individual PT in the $14.00-$22.00 range. The shares moved at $18.60, implying that brokerage firms see shares gaining about 91.01% in twelve months time.
EnLink Midstream Partners, LP (ENLK) SEC Form 4 News
The stock is getting much attention these days as insiders are offloading shares while they posted a 3.16% rise year to date. A V.P. Accounting & CAO at EnLink Midstream Partners, LP (ENLK) offloaded shares in a transaction closed on Thursday December 01, 2016. MCADEN SUSAN J sold 5,700 shares in the company at $17.46 each and collected $99,001 in proceeds. MCADEN SUSAN J now owns 32,870 shares in the company after this transaction. A Senior Vice President in the company, GOLEMON STAN, disclosed a transaction on Monday June 08, 2015 that ended up generating $463,000 from the sale of 19,793 shares at $23.4 per share.
EnLink Midstream Partners, LP (NYSE:ENLK) Upcoming Results on Tap
EnLink Midstream Partners, LP will next provide financial results for the March 2017 quarter. Stock analysts expect it to report per-share earnings of $0.05 in that period. Sales during the quarter are predicted to arrive at $1.16 billion.
Earnings surprise history: Last quarter, the company posted approximately $1.1 billion in revenue and EPS of $-0.03. The mean forecast was for $1.08 billion and $0.00 a share, respectively. One quarter earlier, revenue for the stock was at $1.03 billion, with earnings at $-0.07/share.
EnLink Midstream Partners, LP (ENLK) Brokerage Update
EnLink Midstream Partners, LP (ENLK) is in Raymond James’s research list so their analyst rating change is noteworthy. These shares were upgraded to Outperform from Mkt Perform by Raymond James, according to news reported on Thursday January 12, 2017.Another important research note was issued by Credit Suisse on Tuesday September 13, 2016.The firm downgraded ENLK to Neutral from Outperform. Over the last six months and over the last three months, the shares of EnLink Midstream Partners, LP (ENLK), have changed 17.53% and 14.54%, respectively.