News headlines about EQT Midstream Partners, (NYSE:EQM) have been trending somewhat positive this week, Accern reports. The research firm identifies negative and positive press coverage by analyzing more than twenty million news and blog sources. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. EQT Midstream Partners, earned a news impact score of 0.09 on Accern’s scale. Accern also gave news coverage about the pipeline company an impact score of 45.7664135125201 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the near future.
Here are some of the news articles that may have effected Accern’s rankings:
EQT Midstream Partners, (EQM) opened at 74.99 on Friday. The stock’s 50 day moving average is $75.15 and its 200 day moving average is $75.12. The stock has a market cap of $6.04 billion, a PE ratio of 14.45 and a beta of 0.88. EQT Midstream Partners, has a 52 week low of $69.20 and a 52 week high of $82.99.
EQT Midstream Partners, (NYSE:EQM) last released its quarterly earnings data on Thursday, July 27th. The pipeline company reported $1.27 earnings per share for the quarter, missing the Zacks’ consensus estimate of $1.31 by ($0.04). The business had revenue of $199.00 million during the quarter, compared to analyst estimates of $195.00 million. EQT Midstream Partners, had a return on equity of 25.61% and a net margin of 66.99%. The firm’s revenue was up 11.8% compared to the same quarter last year. During the same quarter in the previous year, the company earned $1.27 EPS. Analysts predict that EQT Midstream Partners, will post $5.51 EPS for the current year.
A number of research firms have commented on EQM. Royal Bank Of Canada reaffirmed a “buy” rating and issued a $96.00 target price on shares of EQT Midstream Partners, in a research report on Tuesday. Seaport Global Securities began coverage on shares of EQT Midstream Partners, in a research report on Tuesday. They issued a “buy” rating and a $96.00 target price for the company. BidaskClub raised shares of EQT Midstream Partners, from a “strong sell” rating to a “sell” rating in a research report on Tuesday, June 27th. Stifel Nicolaus set a $79.00 target price on shares of EQT Midstream Partners, and gave the stock a “hold” rating in a research report on Friday, August 25th. Finally, Morgan Stanley lifted their target price on shares of EQT Midstream Partners, from $86.00 to $87.00 and gave the stock an “overweight” rating in a research report on Friday, July 14th. One analyst has rated the stock with a sell rating, three have given a hold rating and five have given a buy rating to the stock. The stock currently has an average rating of “Hold” and a consensus target price of $91.50.
EQT Midstream Partners, Company Profile
EQT Midstream Partners, LP (EQM) owns, operates, acquires and develops midstream assets in the Appalachian Basin. The Company’s segments include Gathering and Transmission. The Gathering segment primarily includes high pressure gathering lines and the Federal Energy Regulatory Commission (FERC)-regulated low pressure gathering system.