Western Gas Partners LP (NYSE:WES) shares traded 13.88% up during most recent session to reach at the closing price of $46.77. The stock exchanged hands 2.98 Million shares versus average trading capacity of 733.47 Million shares, yielding a market cap of $6.93 Billion. Wall Street analysts covering the stock are projecting that the stock will reach $55.24 within the next 52-weeks. The mean target projections are based on 17 opinions.
Taking a broader look brokerage firms’ analysts on the street with an expectant view have Western Gas Partners LP (NYSE:WES) high price target of $64 and with a conservative view have low price target of $45.
Bank of America “Upgrades” Western Gas Partners LP (NYSE:WES) in a research note issued to investors on 11/07/18 to Buy with price target of $51.
Additionally on 10/12/18 Barclays “Maintained” Western Gas Partners LP (NYSE:WES) to Equal-Weight setting price target at $51 and on 10/11/18 Credit Suisse “Initiates Coverage On” the stock to Neutral at $45. Furthermore on 10/01/18 Bank of America “Maintained” the stock to Neutral at $48.
On the other hand the company has Relative Strength Index (RSI 14) of 59.25 along with Average True Range (ATR 14) of 1.79, Consequently Western Gas Partners LP (NYSE:WES)’s weekly and monthly volatility is 4.46%, 3.34% respectively. The company’s beta value is at 1.27.
In terms of Buy, Sell or Hold recommendations, Western Gas Partners LP (NYSE:WES) has analysts’ mean recommendation of 2.2. This is according to a simplified 1 to 5 scale where 1 represents a Strong Buy and 5 a Strong Sell.
According to analysts Western Gas Partners LP (NYSE:WES)’s minimum EPS for the current quarter is at $0.64 and can go high up to $0.84. The consensus mean EPS for the current quarter is at $0.78 derived from a total of 11 estimates from the analysts who have weighed in on projected earnings. However the company reported $0.39 earnings per share for the same quarter during last year.
Previously Western Gas Partners LP (NYSE:WES) reported $0.39 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.67 by $-0.28. The company posted an earnings surprise of -41.8%.
Western Gas Partners LP (NYSE:WES)’s revenue estimates for the current quarter are $574.98 Million according to 6 number of analysts, for the current quarter the company has high revenue estimates of $829.64 Million in contradiction of low revenue estimates of $499.2 Million. For the current year the company’s revenue estimates are $1.94 Billion compared to low analyst estimates of $1.87 Billion and high estimates of $2.07 Billion according to 5 number of analysts.
Currently Western Gas Partners LP (NYSE:WES)’s shares owned by insiders are 0.1%, whereas shares owned by institutional owners are 63.2%. However the six-month change in the insider ownership was recorded 0%, as well as three-month change in the institutional ownership was recorded 0.45%.
Western Gas Partners LP (NYSE:WES)’s trailing twelve month revenues are $2.06 Billion, whereas its price to sales ratio for the same period is 3.36. Its book value per share for the most recent quarter is $22.17 while its price to book ratio for the same period is 2.11, as for as the company’s cash per share for the most recent quarter is $0.88, however its price to cash per share ratio for the same period is 53.05. The stock has 5 year expected PEG ratio of 1.55 whereas its trailing twelve month P/E ratio is 55.28.