Western Gas Partners, LP Limite (NYSE:WES):
Western Gas Announces Third Quarter 2016 Distribution And Schedules Earnings Conference Call.
The company is down from yesterday’s close of $56.72.
Additionally the company recently declared a dividend for shareholders to be paid on Thursday the 10th of November 2016. The dividend payment will be $0.845 per share for the quarter which is $3.38 annualized. The dividend yield will be $5.78. The ex-dividend date is Thursday the 27th of October 2016.
Shares of the company are trading at $56.22 barely above $53.91, the 50 day moving average and just a bit higher than the 200 day moving average of $50.62. The 50 day moving average was up by +4.29% whereas the 200 day moving average was up $5.60 or +11.07%.
Western Gas Partners, LP Limite’s P/E ratio is 332.66 and the market cap is 8.02B. In the latest earnings report the EPS was $0.17 and is expected to be $1.99 for the current year with 142,617,000 shares presently outstanding. Analysts expect next quarter’s EPS will be $0.57 with next year’s EPS projected to be $2.70.
Investment firms have provided guidance on Western Gas Partners, LP Limite. October 10 investment analysts at Deutsche Bank held the company rating at “Buy” and raised the price expectation to $63.00 from $57.00. On October 10 Barclays kept the company rating at “Buy” but moved up the price target from $48.00 to $63.00.
On July 29, 2016 Janney Capital initiated coverage giving it an initial rating of “Buy”. On June 17 analysts at MUFG starting coverage on the stock by announcing an initial rating of “Neutral” and price target of $59.00.
Drexel Hamilton started covering the stock setting a rating of “Buy” and a price target of $51.00. March 30 investment analysts at JP Morgan maintained a company rating of “Overweight” and moved up the price target to $50.00 from $45.00.