EnLink Midstream, LLC (ENLC) Analysts See $0.16 EPS as of May, 1

Lloyd Doyle
May 2, 2018

ENLK's profit would be $17.58 million giving it 72.40 P/E if the $0.05 EPS is correct. Domino's Pizza has $1000 highest and $102 lowest target. The stock increased 2.48% or $0.35 during the last trading session, reaching $14.48.EnLink Midstream Partners, LP is downtrending after having declined 24.93% since April 30, 2017.

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, May 14th.

EnLink Midstream (NYSE:ENLC) received a $16.00 target price from investment analysts at Guggenheim in a research report issued on Monday, April 16th. Analysts predict 600.00 % diference or $0.05 from the $-0.01 EPS from 2017. Dimensional Fund Advisors LP boosted its stake in shares of EnLink Midstream by 14.6% during the 3rd quarter.

EnLink Midstream Partners LP (NYSE:ENLK)'s outlook is one of buoyant sentiment as it continues to post exciting top-line revenue growth. The Neuberger Berman Group Llc holds 91,731 shares with $1.41 million value, down from 148,505 last quarter.

This table compares Arc Logistics Partners and Enlink Midstream's net margins, return on equity and return on assets.


ENLC has been the topic of a number of research reports. On Tuesday, March 27 Bank of America maintained EnLink Midstream Partners, LP (NYSE:ENLK) with "Buy" rating. Finally, ValuEngine cut shares of EnLink Midstream from a "hold" rating to a "sell" rating in a research report on Friday, February 2nd. Jefferies Group reissued a "hold" rating and issued a $16.00 price objective on shares of EnLink Midstream in a research note on Friday, January 12th. The stock of EnLink Midstream Partners, LP (NYSE:ENLK) earned "Equal-Weight" rating by Morgan Stanley on Friday, March 9. "Buy" rating has 2, "Sell" are 2, while 11 are "Hold". The stock presently has a consensus rating of "Hold" and a consensus price target of $17.93. Finally, Dividend Assets Capital LLC grew its holdings in EnLink Midstream Partners by 61.3% in the 4th quarter. Tortoise Capital Advisors L.L.C. lifted its holdings in EnLink Midstream by 8.0% during the 3rd quarter. Nationwide Fund Advisors now owns 12,013 shares of the pipeline company's stock worth $207,000 after purchasing an additional 9,599 shares during the period. JPMorgan Chase & Co. now owns 128,813 shares of the pipeline company's stock valued at $2,222,000 after acquiring an additional 88,387 shares during the period. This is a boost from EnLink Midstream's previous quarterly dividend of $0.26. Dycom Industries, Inc. (NYSE:DY) has risen 13.44% since May 1, 2017 and is uptrending. Salient Capital Advisors Llc who had been investing in Enlink Midstream Llc for a number of months, seems to be less bullish one the $2.66B market cap company.

Arc Logistics Partners now has a consensus target price of $16.50, indicating a potential downside of 0.06%.

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Firstly, a quick intro on the company - EnLink Midstream Partners, LP, through its subsidiary, EnLink Midstream Operating, LP, provides midstream energy services. It operates through five segments: Texas, Oklahoma, Louisiana, Crude and Condensate, and Corporate.

EnLink Midstream, LLC gathering, transmission, processing, fractionation, storage, stabilization, brine, and marketing services to producers of natural gas, natural gas liquids, crude oil, and condensate in the United States.The firm is valued at $2.69 billion.

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