EQUITRANS MIDSTREAM CORP (ETRN) Forecast, Price Target & Analyst Ratings

NYSE:ETRN • US2946001011

Current stock price

12.42 USD
+0.07 (+0.57%)
At close:
12.5 USD
+0.08 (+0.64%)
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 EQUITRANS MIDSTREAM CORP (ETRN).

Forecast Snapshot

Consensus Price Target

Price Target
$13.90
+ 11.95% Upside
→ Price target details

Next Earnings Forecast

Earnings Estimate
Release Date
Jul 30, 2024
Period
Q2 / 2024
EPS Estimate
$0.15
Revenue Estimate
350.35M
→ Full earnings forecast details

ChartMill Buy Consensus

Rating
74.29%
Weighted Analyst Rating Score
→ Analyst Ratings details

Price Target Details & History

Consensus Price Target and Range

Mean target
$13.90
Upside
+ 11.95%
From current price of $12.42 to mean target of $13.90, Based on 14 analyst forecasts
Low
$11.27
Median
$13.26
High
$17.85

Price Target Revisions

1 Month
0.00%
3 Months
22.09%

Price Target Summary

14 Wall Street analysts provided a forecast for the next 12 months for ETRN. The average price target is 13.9 USD. This implies a price increase of 11.95% is expected in the next year compared to the current price of 12.42.
The average price target has been revised upward by 22.09% in the past 3 months.
→ Find peer stocks trading 30% below analyst price target

Analyst Ratings & History

Current Analyst Ratings

ETRN Current Analyst RatingETRN 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

ETRN Historical Analyst RatingsETRN 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
74.29%
ETRN was analyzed by 14 analysts. The buy percentage consensus is at 74. So analysts seem to be have mildly positive about ETRN.
In the previous month the buy percentage consensus was at a similar level.
ETRN 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
2024-06-10Morgan StanleyMaintains Overweight -> Overweight
2024-05-02Wells FargoMaintains Equal-Weight -> Equal-Weight
2024-03-12Wells FargoUpgrade Underweight -> Equal-Weight
2024-03-07RBC CapitalReiterate Outperform -> Outperform
2024-02-26BarclaysMaintains Equal-Weight -> Equal-Weight
2024-02-22Morgan StanleyMaintains Overweight -> Overweight
2023-12-14Wells FargoDowngrade Equal-Weight -> Underweight
2023-12-04Wolfe ResearchDowngrade Outperform -> Peer Perform
2023-10-31Morgan StanleyMaintains Overweight -> Overweight
2023-10-06Goldman SachsReiterate Buy
2023-10-03Pickering Energy PartnersInitiate Underperform
2023-08-08RBC CapitalReiterate Outperform -> Outperform
2023-07-28RBC CapitalMaintains Outperform -> Outperform
2023-07-18Morgan StanleyReiterate Overweight -> Overweight
2023-07-11Morgan StanleyReiterate Overweight -> Overweight
2023-07-11CitigroupReiterate Neutral -> Neutral
2023-06-27Morgan StanleyReiterate Overweight -> Overweight
2023-06-23Morgan StanleyReiterate Overweight -> Overweight
2023-06-09JP MorganMaintains Neutral -> Neutral
2023-06-08B of A SecuritiesMaintains Underperform
2023-06-06CitigroupMaintains Neutral -> Neutral
2023-06-05Wells FargoMaintains Equal-Weight -> Equal-Weight
2023-06-05Morgan StanleyUpgrade Underweight -> Overweight
2023-06-01Wolfe ResearchUpgrade Peer Perform -> Outperform
2023-05-30RBC CapitalUpgrade Sector Perform -> Outperform

Next Earnings Forecast Details

Next Earnings Details

Release Date
Jul 30, 2024
Period
Q2 / 2024
EPS Estimate
$0.15
Revenue Estimate
350.35M
Revenue Q2Q
10.01%
EPS Q2Q
63.20%
Number of Analysts
9

Next Earnings Revisions

Revenue (1 Month)
0.00%
Revenue (3 Months)
-0.68%
EPS (1 Month)
0.00%
EPS (3 Months)
2.86%

Next Earnings Summary

ETRN is expected to report earnings on 7/30/2024. The consensus EPS estimate for the next earnings is 0.15 USD and the consensus revenue estimate is 350.35M USD.
The next earnings revenue estimate has been revised downward by 0.68% in the past 3 months.
→ Find peers expecting at least 20% revenue growth next quarter

Full Analyst Estimates

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

2021 2022 2023 2024 2025 2026 2027 2028 2029
Revenue
YoY % growth
ETRN revenue by date.ETRN revenue by date.
1.317B
-12.83%		1.358B
3.09%		1.394B
2.67%		1.53B
9.76%		1.629B
6.47%		1.597B
-1.96%		1.677B
5.01%		1.892B
12.82%		N/A
EBITDA
YoY % growth
ETRN ebitda by date.ETRN ebitda by date.
1.027B
-16.30%		1.075B
4.66%		1.029B
-4.28%		1.319B
28.23%		1.44B
9.17%		1.471B
2.15%		1.611B
9.52%		1.803B
11.92%		1.569B
-12.98%
EBIT
YoY % growth
ETRN ebit by date.ETRN ebit by date.
691.6M
-23.49%		737.6M
6.65%		684.378M
-7.22%		826.7M
20.80%		956.16M
15.66%		947.6M
-0.90%		1.185B
25.05%		1.322B
11.56%		N/A
Operating Margin
ETRN operating margin by date.ETRN operating margin by date.
52.51%54.33%49.10%54.03%58.70%59.34%70.66%69.87%N/A
EPS
YoY % growth
ETRN eps by date.ETRN eps by date.
0.38
-70.77%		0.47
23.68%		0.89
89.36%		0.75
-15.38%		0.90
18.96%		0.93
3.89%		1.18
27.12%		1.48
25.00%		N/A

All data in USD

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

Q2 / 24 Q3 / 24 Q4 / 24 Q1 / 25 Q2 / 25 Q3 / 25 Q4 / 25
EPS
Q2Q % growth		0.15
63.20%		0.21
-17.62%		0.29
-10.11%		0.28
20.85%		0.21
43.52%		0.23
9.52%		0.26
-11.35%
Revenue
Q2Q % growth		350.35M
10.01%		390.96M
15.49%		411M
13.97%		418.62M
14.92%		395.33M
12.84%		401.34M
2.66%		422.42M
2.78%
EBITDA
Q2Q % growth		271.25M
-9.97%		349.33M
-15.15%		385.05M
-27.28%		369.38M
34.46%		350.59M
29.25%		354.99M
1.62%		369.91M
-3.93%
EBIT
Q2Q % growth		169.64M
31.00%		220.54M
42.93%		255.56M
37.91%		255.35M
36.67%		238.41M
40.54%		245.58M
11.35%		263.44M
3.08%

All data in USD

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

ETRN Yearly Revenue VS EstimatesETRN Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 500M 1B 1.5B
ETRN Yearly EPS VS EstimatesETRN Yearly EPS VS EstimatesYearly EPS VS Estimates 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 0 1 2

Long Term Forward Growth Forecast Summary

Long Term EPS Growth (CAGR)

EPS Next 3 Year
1.50%
EPS Next 5 Year
10.69%

Long Term Revenue Growth (CAGR)

Revenue Next 3 Year
3.41%
Revenue Next 5 Year
5.55%

Long Term EBIT Growth (CAGR)

EBIT Next 3 Year
24.78%
EBIT Next 5 Year
18.95%
→ Find peers expecting at least 20% CAGR revenue growth over the next 3 years

EQUITRANS MIDSTREAM CORP / ETRN Forecast FAQ

What is the average price target for EQUITRANS MIDSTREAM CORP (ETRN) stock?

14 analysts have analysed ETRN and the average price target is 13.9 USD. This implies a price increase of 11.95% is expected in the next year compared to the current price of 12.42.

When does EQUITRANS MIDSTREAM CORP (ETRN) report earnings?

EQUITRANS MIDSTREAM CORP (ETRN) will report earnings on 2024-07-30, after the market close.

What are the consensus estimates for EQUITRANS MIDSTREAM CORP (ETRN) next earnings?

The consensus EPS estimate for the next earnings of EQUITRANS MIDSTREAM CORP (ETRN) is 0.15 USD and the consensus revenue estimate is 350.35M USD.

How many analysts have analysed EQUITRANS MIDSTREAM CORP (ETRN)?

The number of analysts covering EQUITRANS MIDSTREAM CORP (ETRN) is 14.