Stock To Watch: Boardwalk Pipeline Partners L.P. (NYSE:BWP)


The leading market experts have placed a mean price target of $19.80 on Boardwalk Pipeline Partners L.P. (NYSE:BWP) stock. This price level, which is estimated to be attained in one-year, indicates the mean of stock opinions given by the companies included in the First Call survey. The renowned research firms have predicted earnings of $0.31 a share for the upcoming quarter and $1.15 for the current fiscal.

Technical View

The technical analysis of Boardwalk Pipeline Partners LP plainly substantiates that the 50-day moving average of Boardwalk Pipeline Partners LP is $17.07, and stock is trading $0.03 points away or +0.20% from its 50-day moving average of $17.07. Further it is trading $1.61 or +10.39% away its 200-day moving average of $15.49. Boardwalk Pipeline Partners L.P. (NYSE:BWP) 52-week high is $18.16 and the 52-week low is $8.86.

This explains if the stock moves $-1.06, it will post a 52-week high. In event of +93.00% decline, a 52-week low will be hit.

Taking the valuation aspect to emphasize the valuation of Boardwalk Pipeline Partners LP , shareholders can apply financial tool known as price-to-earnings ratio. This financial ratio assesses stock’s valuation by considering the relative expense of the stock. Following this ratio, Boardwalk Pipeline Partners L.P. (NYSE:BWP) ratio came in at 16.15.

The stock last ended the trading session at $17.10 and registered a market cap of $4.28B. To appraise firm’s growth, the shareholders take help of the Price-to-Earnings-Growth ratio. When a stock has a higher PEG ratio, it is suggestive of lower stock appreciation in approaching sessions. A stock comes in the group of undervalued stocks when its PEG ratio falls in between 0 and 1. Boardwalk Pipeline Partners L.P. (NYSE:BWP) PEG ratio is at 1.25.

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