EQT Midstream Partners, (EQM) Receiving Somewhat Positive News Coverage, Report Shows

Media stories about EQT Midstream Partners, (NYSE:EQM) have been trending somewhat positive recently, Accern Sentiment Analysis reports. The research firm rates the sentiment of media coverage by monitoring more than twenty million blog and news sources. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. EQT Midstream Partners, earned a news sentiment score of 0.03 on Accern’s scale. Accern also assigned media headlines about the pipeline company an impact score of 46.5728518324287 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the next few days.

EQT Midstream Partners, (EQM) traded down $0.19 on Friday, hitting $67.79. 234,127 shares of the stock traded hands, compared to its average volume of 222,441. The stock has a market capitalization of $5,462.64, a P/E ratio of 12.99, a price-to-earnings-growth ratio of 1.01 and a beta of 0.93. The company has a debt-to-equity ratio of 0.52, a current ratio of 0.90 and a quick ratio of 0.90. EQT Midstream Partners, has a 52-week low of $66.87 and a 52-week high of $82.99.

EQT Midstream Partners, (NYSE:EQM) last posted its earnings results on Thursday, October 26th. The pipeline company reported $1.28 earnings per share for the quarter, topping the consensus estimate of $1.26 by $0.02. The firm had revenue of $207.20 million during the quarter, compared to the consensus estimate of $205.29 million. EQT Midstream Partners, had a net margin of 65.99% and a return on equity of 25.85%. The company’s revenue was up 17.2% on a year-over-year basis. During the same quarter last year, the company earned $1.23 earnings per share. research analysts expect that EQT Midstream Partners, will post 5.6 earnings per share for the current year.

The firm also recently announced a quarterly dividend, which was paid on Tuesday, November 14th. Stockholders of record on Friday, November 3rd were paid a $0.98 dividend. This is an increase from EQT Midstream Partners,’s previous quarterly dividend of $0.94. The ex-dividend date was Thursday, November 2nd. This represents a $3.92 annualized dividend and a dividend yield of 5.78%. EQT Midstream Partners,’s dividend payout ratio (DPR) is presently 75.10%.

A number of research analysts recently weighed in on EQM shares. Scotiabank set a $94.00 price target on shares of EQT Midstream Partners, and gave the company a “hold” rating in a research report on Saturday, July 22nd. Zacks Investment Research lowered shares of EQT Midstream Partners, from a “hold” rating to a “strong sell” rating in a research report on Monday, October 16th. Mitsubishi UFJ Financial Group reaffirmed an “overweight” rating on shares of EQT Midstream Partners, in a research report on Thursday, October 26th. Morgan Stanley lowered their price objective on shares of EQT Midstream Partners, from $86.00 to $83.00 and set an “overweight” rating on the stock in a research report on Friday. Finally, BidaskClub raised shares of EQT Midstream Partners, from a “strong sell” rating to a “sell” rating in a research report on Friday, August 25th. Two analysts have rated the stock with a sell rating, three have assigned a hold rating and six have issued a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and an average price target of $90.83.

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EQT Midstream Partners, Company Profile

EQT Midstream Partners, LP (EQM) owns, operates, acquires and develops midstream assets in the Appalachian Basin. The Company’s segments include Gathering and Transmission. The Gathering segment primarily includes high pressure gathering lines and the Federal Energy Regulatory Commission (FERC)-regulated low pressure gathering system.

Insider Buying and Selling by Quarter for EQT Midstream Partners, (NYSE:EQM)

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