SHELL MIDSTREAM PARTNERS LP (SHLX) Forecast, Price Target & Analyst Ratings

Q: What do analysts expect the price target to be for SHELL MIDSTREAM PARTNERS LP (SHLX)?

11 analysts have analysed SHLX and the average price target is 15.24 USD. This implies a price decrease of -3.67% is expected in the next year compared to the current price of 15.82.

Q: What is the next earnings date for SHLX stock?

SHELL MIDSTREAM PARTNERS LP (SHLX) will report earnings on 2022-11-08, before the market open.

NYSE:SHLX • US8226341019

15.82 USD

-0.01 (-0.06%)

At close: Oct 18, 2022

15.84 USD

+0.02 (+0.13%)

After Hours: 10/18/2022, 8:12:57 PM

View the latest analyst price targets, stock forecast, EPS estimates, revenue projections, revisions, full estimates, rating distribution and upgrades/downgrades for SHELL MIDSTREAM PARTNERS LP (SHLX).

Consensus Price Target

Price Target

$15.24

-3.67% Downside

→ Price target details

Next Earnings Forecast

Earnings Estimate

Release Date: Nov 8, 2022
Period: Q3 / 2022
EPS Estimate: $0.37
Revenue Estimate: 139.672M

→ Full earnings forecast details

ChartMill Buy Consensus

Rating

47.27%

Weighted Analyst Rating Score

→ Analyst Ratings details

Price Target Details & History

Consensus Price Target and Range

Mean target

$15.24

Upside

-3.67%

From current price of $15.82 to mean target of $15.24, Based on 11 analyst forecasts

Low

$13.13

Median

$16.17

High

$16.80

Price Target Revisions

1 Month

N/A

3 Months

N/A

Price Target Summary

11 Wall Street analysts provided a forecast for the next 12 months for SHLX. The average price target is 15.24 USD. This implies a price decrease of -3.67% is expected in the next year compared to the current price of 15.82.

→ Find peer stocks trading 30% below analyst price target

Analyst Ratings & History

Current Analyst Ratings

Analyst Ratings History

Analyst Ratings Consensus

ChartMill Buy Consensus

47.27%

SHLX was analyzed by 11 analysts. The buy percentage consensus is at 47. So analysts seem to be rather neutral about SHLX.

In the previous month the buy percentage consensus was at a similar level.

SHLX was analyzed by 11 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

Date	Firm	Action	From → To
2022-08-01	Mizuho	Maintains	Neutral
2022-02-25	Credit Suisse	Maintains	Neutral
2022-01-20	Barclays	Downgrade	Overweight -> Equal-Weight
2022-01-18	B of A Securities	Maintains	Underperform
2021-10-19	Barclays	Upgrade	Equal-Weight -> Overweight
2021-10-15	Credit Suisse	Upgrade	Underperform -> Neutral
2021-05-13	Wells Fargo	Maintains	Underweight

Next Earnings Forecast Details

Next Earnings Details

Release Date: Nov 8, 2022
Period: Q3 / 2022
EPS Estimate: $0.37
Revenue Estimate: 139.672M
Revenue Q2Q: 9.12%
EPS Q2Q: 27.50%
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

SHLX is expected to report earnings on 11/8/2022. The consensus EPS estimate for the next earnings is 0.37 USD and the consensus revenue estimate is 139.67M USD.

→ Find peers expecting at least 20% revenue growth next quarter

Full Analyst Estimates 2022 - 2026

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

	2019	2020	2021	2022	2023	2024	2025	2026
Revenue YoY % growth	503M -4.14%	481M -4.37%	556M 15.59%	591.141M 6.32%	579.955M -1.89%	603.213M 4.01%	597.648M -0.92%	603.977M 1.06%
EBITDA YoY % growth	266M 4.44%	219M -17.67%	285M 30.14%	797.288M 179.75%	868.275M 8.90%	922.692M 6.27%	973.218M 5.48%	1.047B 7.59%
EBIT YoY % growth	217M 3.93%	169M -22.12%	235M 39.05%	211.997M -9.79%	228.934M 7.99%	269.52M 17.73%	298.213M 10.65%	336.56M 12.86%
Operating Margin	43.14%	35.14%	42.27%	35.86%	39.47%	44.68%	49.90%	55.72%
EPS YoY % growth	1.67 12.84%	1.27 -23.95%	1.25 -1.57%	1.48 18.12%	1.57 6.39%	1.66 5.84%	1.73 4.04%	1.84 6.12%

All data in USD

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

	Q3 / 22	Q4 / 22	Q1 / 23	Q2 / 23	Q3 / 23	Q4 / 23	Q1 / 24	Q2 / 24	Q3 / 24	Q4 / 24
EPS Q2Q % growth	0.37 27.50%	0.39 68.52%	0.38 6.25%	0.38 15.91%	0.39 6.21%	0.41 6.58%	0.47 22.40%	0.45 16.80%	0.46 17.14%	0.47 13.33%
Revenue Q2Q % growth	139.672M 9.12%	142.664M 1.18%	154.734M 14.62%	160.038M 7.41%	160.956M 15.24%	163.302M 14.47%	143.129M -7.50%	141.995M -11.27%	140.382M -12.78%	144.492M -11.52%
EBITDA Q2Q % growth	202.019M 134.91%	213.914M 105.69%	212.16M 216.66%	210.8M 150.95%	216.58M 7.21%	221.476M 3.53%	214.978M 1.33%	211.532M 0.35%	216.529M -0.02%	218.121M -1.51%
EBIT Q2Q % growth	52.703M 7.56%	55.253M 2.32%	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A

All data in USD

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

9.97%

EPS Next 5 Year

7.99%

Long Term Revenue Growth (CAGR)

Revenue Next 3 Year

2.34%

Revenue Next 5 Year

1.42%

Long Term EBIT Growth (CAGR)

EBIT Next 3 Year

N/A

EBIT Next 5 Year

N/A

→ Find peers expecting at least 20% CAGR revenue growth over the next 3 years

SHELL MIDSTREAM PARTNERS LP / SHLX Forecast FAQ

What do analysts expect the price target to be for SHELL MIDSTREAM PARTNERS LP (SHLX)?

11 analysts have analysed SHLX and the average price target is 15.24 USD. This implies a price decrease of -3.67% is expected in the next year compared to the current price of 15.82.

What is the next earnings date for SHLX stock?

SHELL MIDSTREAM PARTNERS LP (SHLX) will report earnings on 2022-11-08, before the market open.

What are the consensus estimates for SHLX stock next earnings?

The consensus EPS estimate for the next earnings of SHELL MIDSTREAM PARTNERS LP (SHLX) is 0.37 USD and the consensus revenue estimate is 139.67M USD.

What is the expected long term growth rate for SHLX stock?

The expected long term growth rate for SHELL MIDSTREAM PARTNERS LP (SHLX) is 2.34%.

Analyst forecast overview

Forecast Snapshot