Crestwood Equity Partners LP New (CEQP) Forecast, Price Target & Analyst Ratings

NYSE:CEQP • US2263442087

Current stock price

28.26 USD
+1.18 (+4.36%)
At close:
28.05 USD
-0.21 (-0.74%)
After Hours:

Analyst forecast overview

View the latest analyst price targets, stock forecast, EPS estimates, revenue projections, revisions, full estimates, rating distribution and upgrades/downgrades for Crestwood Equity Partners LP New (CEQP).

Forecast Snapshot

Consensus Price Target

Price Target
$29.33
+ 3.77% Upside
→ Price target details

Next Earnings Forecast

Earnings Estimate
Release Date
Feb 19, 2024
Period
Q4 / 2023
EPS Estimate
$0.54
Revenue Estimate
1.314B
→ Full earnings forecast details

ChartMill Buy Consensus

Rating
71.43%
Weighted Analyst Rating Score
→ Analyst Ratings details

Price Target Details & History

Consensus Price Target and Range

Mean target
$29.33
Upside
+ 3.77%
From current price of $28.26 to mean target of $29.33, Based on 14 analyst forecasts
Low
$27.27
Median
$28.56
High
$33.60

Price Target Revisions

1 Month
0.88%
3 Months
-4.17%

Price Target Summary

14 Wall Street analysts provided a forecast for the next 12 months for CEQP. The average price target is 29.33 USD. This implies a price increase of 3.77% is expected in the next year compared to the current price of 28.26.
The average price target has been revised downward by 4.17% in the past 3 months.
→ Find peer stocks trading 30% below analyst price target

Analyst Ratings & History

Current Analyst Ratings

CEQP Current Analyst RatingCEQP Current Analyst Buy, Sell and Hold Ratings.Current Analyst Rating Strong Buy Buy Hold Sell Strong Sell 1 2 3 4 5

Analyst Ratings History

CEQP Historical Analyst RatingsCEQP Historical Analyst Buy, Sell and Hold Ratings and number of analysts.Historical Monthly Analyst Rating -19 -17 -15 -13 -11 -9 -7 -5 -3 -1 5 10 15

Analyst Ratings Consensus

ChartMill Buy Consensus
71.43%
CEQP was analyzed by 14 analysts. The buy percentage consensus is at 71. So analysts seem to be have mildly positive about CEQP.
In the previous month the buy percentage consensus was at a similar level.
CEQP was analyzed by 14 analysts, which should be a sufficient number of analysts to have a meaningful average consensus rating.
→ Find peer stocks with a buy consensus above 85%

Recent Upgrades & Downgrades

DateFirmActionFrom → To
2023-08-25Raymond JamesDowngrade Outperform -> Market Perform
2023-08-18Truist SecuritiesDowngrade Buy -> Hold
2023-08-17ScotiaBankDowngrade Sector Outperform -> Sector Perform
2023-08-17Wells FargoDowngrade Overweight -> Equal-Weight
2023-08-03CitigroupDowngrade Buy -> Neutral
2023-08-02RBC CapitalDowngrade Outperform -> Sector Perform
2023-08-02Wells FargoMaintains Overweight -> Overweight
2023-08-02Raymond JamesMaintains Outperform -> Outperform
2023-08-02JP MorganDowngrade Neutral -> Underweight
2023-08-01Truist SecuritiesMaintains Buy -> Buy
2023-05-17StifelMaintains Buy -> Buy
2023-03-27Truist SecuritiesMaintains Buy
2023-03-15RBC CapitalMaintains Outperform
2023-03-14JP MorganDowngrade Overweight -> Neutral
2023-03-08Wells FargoMaintains Overweight
2023-03-02ScotiaBankInitiate Sector Outperform
2023-02-27CitigroupMaintains Buy
2023-01-31RBC CapitalMaintains Outperform
2023-01-23Raymond JamesMaintains Outperform
2022-12-16Wells FargoUpgrade Equal-Weight -> Overweight
2022-12-09CitigroupInitiate Buy
2022-11-29RBC CapitalMaintains Outperform
2022-11-14Wells FargoMaintains Equal-Weight
2022-09-15Wells FargoMaintains Equal-Weight
2022-04-28Wells FargoMaintains Equal-Weight

Next Earnings Forecast Details

Next Earnings Details

Release Date
Feb 19, 2024
Period
Q4 / 2023
EPS Estimate
$0.54
Revenue Estimate
1.314B
Revenue Q2Q
-6.34%
EPS Q2Q
109.49%
Number of Analysts
5

Next Earnings Revisions

Revenue (1 Month)
0.00%
Revenue (3 Months)
-7.81%
EPS (1 Month)
3.67%
EPS (3 Months)
-1.79%

Next Earnings Summary

CEQP is expected to report earnings on 2/19/2024. The consensus EPS estimate for the next earnings is 0.54 USD and the consensus revenue estimate is 1.31B USD.
The next earnings revenue estimate has been revised downward by 7.81% in the past 3 months. Downward revisions are a negative sign and indicate that analysts are more pessimistic about the next earnings compared to 3 months ago.
→ Find peers expecting at least 20% revenue growth next quarter

Full Analyst Estimates 2023 - 2028

Yearly Earnings Per Share (EPS), Revenue, EBIT, EBITDA and Operating Margin Analyst Estimates

2020 2021 2022 2023 2024 2025 2026 2027 2028
Revenue
YoY % growth
CEQP revenue by date.CEQP revenue by date.
2.254B
-29.15%		4.569B
102.68%		6.001B
31.34%		4.742B
-20.98%		4.703B
-0.82%		6.673B
41.89%		N/AN/AN/A
EBITDA
YoY % growth
CEQP ebitda by date.CEQP ebitda by date.
430.5M
9.04%		506.5M
17.65%		709M
39.98%		811.83M
14.50%		877.86M
8.13%		922.57M
5.09%		1.051B
13.92%		1.096B
4.28%		1.13B
3.10%
EBIT
YoY % growth
CEQP ebit by date.CEQP ebit by date.
193.1M
-2.96%		262.3M
35.84%		380.1M
44.91%		441.45M
16.14%		515.76M
16.83%		562.24M
9.01%		N/AN/AN/A
Operating Margin
CEQP operating margin by date.CEQP operating margin by date.
8.57%5.74%6.33%9.31%10.97%8.43%N/AN/AN/A
EPS
YoY % growth
CEQP eps by date.CEQP eps by date.
-0.49
-225.64%		-2.10
-328.57%		-0.28
86.67%		1.85
761.73%		1.75
-5.37%		2.34
33.31%		N/AN/AN/A

All data in USD

Quarterly Earnings Per Share (EPS), Revenue, EBIT and EBITDA Analyst Estimates

Q4 / 23 Q1 / 24 Q2 / 24 Q3 / 24 Q4 / 24 Q1 / 25 Q2 / 25 Q3 / 25 Q4 / 25
EPS
Q2Q % growth		0.54
109.49%		0.39
158.74%		0.29
-74.76%		0.40
220.55%		0.57
4.87%		0.43
10.38%		0.27
-9.41%		0.35
-12.82%		0.65
14.29%
Revenue
Q2Q % growth		1.314B
-6.34%		1.351B
6.96%		989.04M
-3.15%		1.026B
-6.56%		1.337B
1.75%		1.881B
39.23%		1.755B
77.44%		1.592B
55.17%		1.445B
8.08%
EBITDA
Q2Q % growth		232.85M
-46.59%		223.82M
23.11%		202.31M
-16.78%		216.83M
6.07%		239.03M
2.65%		236.69M
5.75%		211.31M
4.45%		226.33M
4.38%		253.55M
6.07%
EBIT
Q2Q % growth		125.77M
17.43%		140.45M
39.89%		94.452M
17.19%		116.28M
10.21%		140.52M
11.73%		150.65M
7.26%		101.29M
7.24%		124.24M
6.85%		143M
1.76%

All data in USD

Yearly Earnings Per Share (EPS) and Revenue Trends vs Historical Data

CEQP Yearly Revenue VS EstimatesCEQP Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2B 4B 6B
CEQP Yearly EPS VS EstimatesCEQP Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 -10 -20 -30

Long Term Forward Growth Forecast Summary

Long Term EPS Growth (CAGR)

EPS Next 3 Year
117.91%
EPS Next 5 Year
N/A

Long Term Revenue Growth (CAGR)

Revenue Next 3 Year
24.06%
Revenue Next 5 Year
N/A

Long Term EBIT Growth (CAGR)

EBIT Next 3 Year
44.84%
EBIT Next 5 Year
29.27%
→ Find peers expecting at least 20% CAGR revenue growth over the next 3 years

Crestwood Equity Partners LP New / CEQP Forecast FAQ

What is the average price target for Crestwood Equity Partners LP New (CEQP) stock?

14 analysts have analysed CEQP and the average price target is 29.33 USD. This implies a price increase of 3.77% is expected in the next year compared to the current price of 28.26.

Can you provide the upcoming earnings date for Crestwood Equity Partners LP New?

Crestwood Equity Partners LP New (CEQP) will report earnings on 2024-02-19, after the market close.

Can you provide the consensus estimates for Crestwood Equity Partners LP New next earnings?

The consensus EPS estimate for the next earnings of Crestwood Equity Partners LP New (CEQP) is 0.54 USD and the consensus revenue estimate is 1.31B USD.

Can you provide the analyst count for Crestwood Equity Partners LP New stock?

The number of analysts covering Crestwood Equity Partners LP New (CEQP) is 14.