Stock To Watch: Crestwood Equity Partners LP (NYSE:CEQP)


The leading market experts have placed a mean price target of $19.00 on Crestwood Equity Partners LP (NYSE:CEQP) 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 $-0.04 a share for the upcoming quarter and $-1.43 for the current fiscal. Technical View The technical analysis of Crestwood Equity Partners LP plainly substantiates that the 50-day moving average of Crestwood Equity Partners LP is $20.93, and stock is hovering -0.49 or -2.32% distant from $20.93. It is noted that the 200-day MA is $15.29, and Crestwood Equity Partners LP stock is $5.15 or +33.67% off from this point. Crestwood Equity Partners LP (NYSE:CEQP) 52-week high is $41.50 and the 52-week low is $7.90. This explains if the stock moves $-21.06, it will post a 52-week high. In event of $+158.73% points decline, a 52-week low will be hit. Taking the Valuation Aspect To emphasize the valuation of Crestwood Equity 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, Crestwood Equity Partners LP (NYSE:CEQP) ratio came in at N/A. The stock last ended the trading session at $20.44 and registered a market cap of $1.41B. 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. Crestwood Equity Partners LP (NYSE:CEQP) PEG ratio is at -1.29.

1 Chart Pattern Every Investor Should Know

This little-known pattern preceded moves of 578% in ARWR, 562% in LCI, 513% in ICPT, 439% in EGRX, 408% in ADDUS and more...

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