What is the price target for PSXP stock?
12 analysts have analysed PSXP and the average price target is 42.26 null. This implies a price increase of 0.59% is expected in the next year compared to the current price of 42.01.
PHILLIPS 66 PARTNERS LP (PSXP) Forecast, Price Target & Analyst Ratings
NYSE:PSXP
Current stock price
42.01
+0.78 (+1.89%)
At close:
42.14
+0.13 (+0.31%)
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 PHILLIPS 66 PARTNERS LP (PSXP).
Forecast Snapshot
Next Earnings Forecast
Earnings Estimate- Release Date
- Apr 28, 2022
- Period
- Q1 / 2022
- EPS Estimate
- $1.03
- Revenue Estimate
- 434.557M
Price Target Details & History
Consensus Price Target and Range
Mean target
$42.26
Upside
+ 0.59%
From current price of $42.01 to mean target of $42.26, Based on 12 analyst forecasts
Low
$39.39
Median
$42.84
High
$45.15
Price Target Revisions
1 Month
N/A
3 Months
N/A
Price Target Summary
12 Wall Street analysts provided a forecast for the next 12 months for PSXP. The average price target is 42.26 null. This implies a price increase of 0.59% is expected in the next year compared to the current price of 42.01.
Analyst Ratings & History
Current Analyst Ratings
Analyst Ratings History
Analyst Ratings Consensus
ChartMill Buy Consensus
73.33%
PSXP was analyzed by 12 analysts. The buy percentage consensus is at 73. So analysts seem to be have mildly positive about PSXP.
In the previous month the buy percentage consensus was at a similar level.
PSXP was analyzed by 12 analysts, which should be a sufficient number of analysts to have a meaningful average consensus rating.
Recent Upgrades & Downgrades
| Date | Firm | Action | From → To |
|---|---|---|---|
| 2022-01-12 | Mizuho | Maintains | Neutral |
| 2021-11-01 | Raymond James | Downgrade | Outperform -> Market Perform |
| 2021-10-28 | Credit Suisse | Downgrade | Outperform -> Neutral |
| 2021-10-06 | Barclays | Maintains | Equal-Weight |
| 2021-07-21 | Raymond James | Maintains | Outperform |
| 2021-06-24 | Wells Fargo | Maintains | Equal-Weight |
| 2021-06-09 | Mizuho | Maintains | Neutral |
| 2021-04-28 | Wells Fargo | Maintains | Equal-Weight |
| 2021-03-01 | Credit Suisse | Maintains | Outperform |
| 2021-02-25 | Mizuho | Downgrade | Buy -> Neutral |
Next Earnings Forecast Details
Next Earnings Details
- Release Date
- Apr 28, 2022
- Period
- Q1 / 2022
- EPS Estimate
- $1.03
- Revenue Estimate
- 434.557M
- Revenue Q2Q
- 72.44%
- EPS Q2Q
- 38.87%
- Number of Analysts
- 6
Next Earnings Revisions
Revenue (1 Month)
N/A
Revenue (3 Months)
N/A
EPS (1 Month)
N/A
EPS (3 Months)
N/A
Next Earnings Summary
PSXP is expected to report earnings on 4/28/2022. The consensus EPS estimate for the next earnings is 1.03 null and the consensus revenue estimate is 434.56M null.
Full Analyst Estimates
Yearly Earnings Per Share (EPS), Revenue, EBIT, EBITDA and Operating Margin Analyst Estimates
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | ||
|---|---|---|---|---|---|---|---|---|---|
| Revenue YoY % growth | 1.132B 8.12% | 1.041B -8.04% | 1.159B 11.34% | 1.849B 59.56% | 1.888B 2.10% | 1.943B 2.93% | 2.04B 4.99% | N/A | |
| EBITDA YoY % growth | 619M 4.38% | 586M -5.33% | 663M 13.14% | N/A | N/A | N/A | N/A | N/A | |
| EBIT YoY % growth | 499M 4.83% | 451M -9.62% | 522M 15.74% | N/A | N/A | N/A | N/A | N/A | |
| Operating Margin | 44.08% | 43.32% | 45.04% | N/A | N/A | N/A | N/A | N/A | |
| EPS YoY % growth | 4.28 7.00% | 3.61 -15.65% | 3.94 9.22% | 4.52 14.60% | 4.65 2.93% | 5.27 13.38% | 5.59 6.04% | 6.05 8.16% |
Quarterly Earnings Per Share (EPS), Revenue, EBIT and EBITDA Analyst Estimates
| Q1 / 22 | Q2 / 22 | Q3 / 22 | Q4 / 22 | Q1 / 23 | Q2 / 23 | Q3 / 23 | Q4 / 23 | |
|---|---|---|---|---|---|---|---|---|
| EPS Q2Q % growth | 1.03 38.87% | 1.10 8.49% | 1.11 11.18% | 1.11 -6.60% | 0.99 -4.12% | 1.06 -3.20% | 1.07 -4.04% | 1.02 -7.86% |
| Revenue Q2Q % growth | 434.557M 72.44% | 459.687M 63.59% | 463.216M 60.28% | 450.829M 33.78% | 447.98M 3.09% | 475.487M 3.44% | 475.747M 2.71% | 461.709M 2.41% |
| EBITDA Q2Q % growth | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| EBIT Q2Q % growth | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
Yearly Earnings Per Share (EPS) and Revenue Trends vs Historical Data
Long Term Forward Growth Forecast Summary
Long Term EPS Growth (CAGR)
EPS Next 3 Year
10.18%
EPS Next 5 Year
8.93%
Long Term Revenue Growth (CAGR)
Revenue Next 3 Year
4.27%
Revenue Next 5 Year
4.45%
Long Term EBIT Growth (CAGR)
EBIT Next 3 Year
N/A
EBIT Next 5 Year
N/A
PHILLIPS 66 PARTNERS LP / PSXP Forecast FAQ
When does PHILLIPS 66 PARTNERS LP (PSXP) report earnings?
PHILLIPS 66 PARTNERS LP (PSXP) will report earnings on 2022-04-28.
What are the consensus estimates for PHILLIPS 66 PARTNERS LP (PSXP) next earnings?
The consensus EPS estimate for the next earnings of PHILLIPS 66 PARTNERS LP (PSXP) is 1.03 null and the consensus revenue estimate is 434.56M null.
How do analysts rate PHILLIPS 66 PARTNERS LP (PSXP)?
The consensus rating for PHILLIPS 66 PARTNERS LP (PSXP) is 73.3333 / 100 . This indicates that analysts generally have a positive outlook on the stock.