Rice Midstream Partners LP (RMP): Appears Relatively Undervalued


Based on a recent bid, the stock is trading -45.66% away from it's 52- week high and 17.11% away from its 52 week low. Over the last week of the month, it was -4.94%, -14.97% over the last quarter, and -9.85% for the past six months.

Magellan Midstream Partners, L.P.is principally engaged in the transportation, storage and distribution of refined petroleum products and crude oil. They expect $-0.03 EPS, up 78.57% or $0.11 from last year's $-0.14 per share. About 121,838 shares traded.

07/13/2016 - Stifel Nicolaus began new coverage on Cone Midstream Partners giving the company a "buy" rating. It has underperformed by 14.11% the S&P500. RBC Capital Markets maintained the shares of EQM in report on Friday, October 23 with "Outperform" rating. The Firm is a designer and builder of single-family homes. Easy to calculate and understand, P/E is an extremely common ratio that is used to compare valuations of stocks against each other relatively. The stock rose 5.18% or $3.63 reaching $73.66. Following the transaction, the chief operating officer now directly owns 7,900 shares of the company's stock, valued at approximately $603,955. The pipeline company reported $1.36 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $1.38 by $0.02. Green Street Investors Llc owns 100,400 shares or 2.11% of their USA portfolio. Shares for $1.12 million were sold by Petrarca Mark A on Monday, May 1.

Ratings analysis reveals 0 of Meritage's analysts are positive.

On a consensus basis, analysts have a Buy/Sell rating of 2.40, which is based on a 1 to 5 scale where 1 represents a Strong Buy and 5 a Strong Sell. MTH was included in 2 notes of analysts from September 29, 2016. The company was initiated on Friday, September 9 by FBR Capital. General Electric Company (NYSE:GE) has declined 4.46% since June 19, 2016 and is downtrending. It has outperformed by 2.22% the S&P500. (NYSE:LVLT) to report earnings on July, 26. However, most financial instruments are traded after hours which mean that the closing price of a stock might not match the after-hours price. After $0.56 actual EPS reported by Meritage Homes Corp for the previous quarter, Wall Street now forecasts 41.07% EPS growth.

Investors sentiment decreased to 1.08 in 2016 Q4.

On Friday, May 26th, Arclight Capital Partners, Llc sold 10,990 shares of Enable Midstream Partners, stock. 10 funds opened positions while 34 raised stakes. Forward Management Ltd Liability has invested 0.37% in EQT Midstream Partners LP (NYSE:EQM). First Advsrs Lp stated it has 0.01% of its portfolio in Dominion Energy Midstream Partners LP (NYSE:DM). 247.64 million shares or 292.04% more from 63.17 million shares in 2016Q3 were reported. The Company's business activities are conducted through its subsidiary, EnLink Midstream Operating, LP (the Operating Partnership) and the subsidiaries of the Operating Partnership. Baring Asset Ltd holds 0.62% or 191,294 shares. Spot Trading Lc holds 0.08% or 44,184 shares. California Public Employees Retirement System reported 0% stake. A ratio over one indicates an increase in share price over the period. 1,371 shares were sold by MORTENSEN ERIC, worth $80,161 on Wednesday, February 1. It increased, as 11 investors sold Dominion Energy Midstream Partners LP shares while 20 reduced holdings. Jpmorgan Chase And invested in 0.02% or 962,320 shares. Magellan Midstream Partners, L.P.'s P/E ratio is 19.47.

02/17/2016 - EnLink Midstream was downgraded to "underperform" by analysts at Bank of America Merrill Lynch. Therefore 73% are positive. Rice Midstream Partners had 17 analyst reports since August 7, 2015 according to SRatingsIntel. The stock presently has an average rating of "Hold" and a consensus price target of $16.91. SunTrust initiated the stock with "Buy" rating in Tuesday, November 3 report. The company was downgraded on Monday, August 17 by Robert W. Baird. Including today's unusual volume, EQT Midstream Partners, LP's stock is performing at -8.80% on the year.

09/13/2016 - Cone Midstream Partners was downgraded to "neutral" by analysts at Credit Suisse. The firm earned "Hold" rating on Tuesday, August 25 by Deutsche Bank.