SUMMIT MIDSTREAM PARTNERS LP (SMLP) Forecast, Price Target & Analyst Ratings

NYSE:SMLP • US8661424098

Current stock price

38.05 USD
+1.34 (+3.65%)
Last:

Analyst forecast overview

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

Forecast Snapshot

Consensus Price Target

Price Target
$22.44
-41.02% Downside
→ Price target details

Next Earnings Forecast

Earnings Estimate
Release Date
Oct 31, 2024
→ Full earnings forecast details

ChartMill Buy Consensus

Rating
43.33%
Weighted Analyst Rating Score
→ Analyst Ratings details

Price Target Details & History

Consensus Price Target and Range

Mean target
$22.44
Upside
-41.02%
From current price of $38.05 to mean target of $22.44, Based on 6 analyst forecasts
Low
$22.22
Median
$22.44
High
$23.10

Price Target Revisions

1 Month
0.00%
3 Months
0.00%

Price Target Summary

6 Wall Street analysts provided a forecast for the next 12 months for SMLP. The average price target is 22.44 USD. This implies a price decrease of -41.02% is expected in the next year compared to the current price of 38.05.
→ Find peer stocks trading 30% below analyst price target

Analyst Ratings & History

Current Analyst Ratings

SMLP Current Analyst RatingSMLP Current Analyst Buy, Sell and Hold Ratings.Current Analyst Rating Strong Buy Buy Hold Sell Strong Sell 0.5 1 1.5 2 2.5

Analyst Ratings History

SMLP Historical Analyst RatingsSMLP 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 2 4 6

Analyst Ratings Consensus

ChartMill Buy Consensus
43.33%
SMLP was analyzed by 6 analysts. The buy percentage consensus is at 43. So analysts seem to be rather negative about SMLP.
In the previous month the buy percentage consensus was at a similar level.
SMLP was analyzed by 6 analysts. More opinions would make the average more meaningful.
→ Find peer stocks with a buy consensus above 85%

Recent Upgrades & Downgrades

DateFirmActionFrom → To
2023-03-15RBC CapitalMaintains Sector Perform
2022-11-29RBC CapitalMaintains Sector Perform
2022-11-15Wells FargoMaintains Underweight
2022-10-20RBC CapitalMaintains Sector Perform
2022-09-06RBC CapitalMaintains Sector Perform
2022-05-31RBC CapitalMaintains Sector Perform
2022-04-28Wells FargoMaintains Underweight
2021-12-16Wells FargoMaintains Underweight
2021-06-24Wells FargoMaintains Underweight
2021-05-13Wells FargoMaintains Underweight

Next Earnings Forecast Details

Next Earnings Details

Release Date
Oct 31, 2024

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

→ 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
Revenue
YoY % growth
SMLP revenue by date.SMLP revenue by date.
400.6M
4.46%		369.6M
-7.74%		458.903M
24.16%		426.46M
-7.07%
EBITDA
YoY % growth
SMLP ebitda by date.SMLP ebitda by date.
188.2M
-0.05%		164.7M
-12.49%		204.503M
24.17%		332.21M
62.45%
EBIT
YoY % growth
SMLP ebit by date.SMLP ebit by date.
68.2M
-1.45%		44.7M
-34.46%		80.801M
80.76%		107M
32.42%
Operating Margin
SMLP operating margin by date.SMLP operating margin by date.
17.02%12.09%17.61%25.09%
EPS
YoY % growth
SMLP eps by date.SMLP eps by date.
-1.47
-110.41%		-12.52
-751.70%		N/A
107.09%		1.73
95.40%

All data in USD

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

EPS
Q2Q % growth
Revenue
Q2Q % growth
EBITDA
Q2Q % growth
EBIT
Q2Q % growth

All data in USD

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

SMLP Yearly Revenue VS EstimatesSMLP Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 100M 200M 300M 400M 500M
SMLP Yearly EPS VS EstimatesSMLP Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 10 -10 20 30 40

Long Term Forward Growth Forecast Summary

Long Term EPS Growth (CAGR)

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

Long Term Revenue Growth (CAGR)

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

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

SUMMIT MIDSTREAM PARTNERS LP / SMLP Forecast FAQ

Can you provide the average price target for SUMMIT MIDSTREAM PARTNERS LP stock?

6 analysts have analysed SMLP and the average price target is 22.44 USD. This implies a price decrease of -41.02% is expected in the next year compared to the current price of 38.05.

What is the next earnings date for SMLP stock?

SUMMIT MIDSTREAM PARTNERS LP (SMLP) will report earnings on 2024-10-31, before the market open.

What is the consensus rating for SMLP stock?

The consensus rating for SUMMIT MIDSTREAM PARTNERS LP (SMLP) is 43.3333 / 100 . This indicates that analysts generally have a neutral outlook on the stock.