The leading market experts have placed a mean price target of $54.15 on Spectra Energy Partners, LP (NYSE:SEP) 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 $0.89 a share for the upcoming quarter and $3.33 for the current fiscal.
The technical analysis of Spectra Energy Partners, LP Com plainly substantiates that the 50-day moving average of Spectra Energy Partners, LP Com is $47.46, and stock is trading $-0.38 points away or -0.81% from its 50-day moving average of $47.46. Further it is trading $0.34 or +0.73% away its 200-day moving average of $46.74. Spectra Energy Partners, LP (NYSE:SEP) 52-week high is $52.49 and the 52-week low is $36.21.
This explains if the stock moves $-5.41, it will post a 52-week high. In event of +30.02% decline, a 52-week low will be hit.
Taking the valuation aspect to emphasize the valuation of Spectra Energy Partners, LP Com, 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, Spectra Energy Partners, LP (NYSE:SEP) ratio came in at 14.82.
The stock last ended the trading session at $47.08 and registered a market cap of $14.25B. 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. Spectra Energy Partners, LP (NYSE:SEP) PEG ratio is at 2.63.
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