$0.12 EPS Expected for EnLink Midstream, LLC (ENLC)

October 2, 2018 - By Winifred Garcia

EnLink Midstream, LLC (NYSE:ENLC) Logo

Analysts expect EnLink Midstream, LLC (NYSE:ENLC) to report $0.12 EPS on October, 30.They anticipate $0.09 EPS change or 300.00 % from last quarter’s $0.03 EPS. ENLC’s profit would be $21.74 million giving it 35.46 P/E if the $0.12 EPS is correct. After having $0.15 EPS previously, EnLink Midstream, LLC’s analysts see -20.00 % EPS growth. The stock decreased 2.07% or $0.36 during the last trading session, reaching $17.02. About 101,080 shares traded. EnLink Midstream, LLC (NYSE:ENLC) has risen 0.89% since October 2, 2017 and is uptrending. It has underperformed by 14.73% the S&P500.

EnLink Midstream, LLC (NYSE:ENLC) Ratings Coverage

Among 9 analysts covering EnLink Midstream (NYSE:ENLC), 1 have Buy rating, 2 Sell and 6 Hold. Therefore 11% are positive. EnLink Midstream had 11 analyst reports since April 4, 2018 according to SRatingsIntel. On Monday, April 9 the stock rating was maintained by Seaport Global with “Hold”. Bank of America maintained the stock with “Neutral” rating in Tuesday, June 5 report. The company was downgraded on Wednesday, April 4 by JP Morgan. As per Monday, June 4, the company rating was maintained by FBR Capital. J.P. Morgan downgraded it to “Sell” rating and $1600 target in Wednesday, April 4 report. Barclays Capital maintained the stock with “Equal-Weight” rating in Wednesday, August 29 report. The rating was maintained by Guggenheim on Monday, April 16 with “Hold”. The rating was upgraded by RBC Capital Markets on Thursday, May 3 to “Buy”. The firm has “Equal-Weight” rating by Barclays Capital given on Tuesday, April 17. Jefferies maintained the shares of ENLC in report on Wednesday, April 25 with “Hold” rating.

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 company has market cap of $3.08 billion. The Company’s midstream energy asset network includes approximately 11,000 miles of pipelines; 20 natural gas processing plants; 7 fractionators; barge and rail terminals; product storage facilities; brine disposal wells; and a crude oil trucking fleet. It has a 12.57 P/E ratio. The firm was founded in 2013 and is headquartered in Dallas, Texas.

EnLink Midstream, LLC (NYSE:ENLC) Ratings Chart

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