The lowest target is $16 while the high is $34. MMP share have plunged by -7.35% in percentage terms since the start of the year - and added 4.26% in the last month. The firm is expected to issue its next earnings report on Thursday, October 26th.
Currently, the 14-day ADX for American Midstream Partners LP (AMID) is sitting at 17.90.
Shell Midstream Partners, L.P.is a master limited partnership company, which owns, operates, develops and acquires pipelines and other midstream assets.
Realty Income Corporation (NYSE:O)'s latest quote $58.92 $0.37 -0.89% will find technical support in $58.49 a share and a breakdown below this region would be a significantly bearish signal for Realty Income Corporation traders. The oil and gas producer reported $0.42 EPS for the quarter, topping the Zacks' consensus estimate of $0.33 by $0.09. EQT Midstream Partners, had a net margin of 66.99% and a return on equity of 25.61%. During the same quarter in the previous year, the firm earned $0.38 earnings per share. Magellan Midstream Partners L.P. Magellan Midstream Partners L.P.'s revenue was up 7.3% on a year-over-year basis. Mizuho downgraded the shares of MMP in report on Monday, July 10 to "Underperform" rating. Brean Capital maintained it with "Buy" rating and $8 target in Friday, August 28 report.
Among 2 analysts covering Destination XL Group (NASDAQ:DXLG), 2 have Buy rating, 0 Sell and 0 Hold. Magellan Midstream Partners L.P.
Hmi Capital Llc holds 17.59% of its portfolio in Summit Midstream Partners LP for 4.48 million shares. The company presently has an average rating of "Hold" and an average target price of $79.19.
"The MESA Adaptive Moving Average (MAMA) adapts to price movement based on the rate of change of phase as measured by the Hilbert Transform Discriminator (Technical Analysis of Stocks and Commodities magazine, December 2000)".
Want to see what other hedge funds are holding MMP? SL Advisors LLC bought a new position in Magellan Midstream Partners L.P. during the second quarter valued at approximately $2,031,000. Independent Portfolio Consultants Inc. now owns 1,968 shares of the pipeline company's stock worth $140,000 after acquiring an additional 87 shares during the last quarter. Inc. raised its position in Magellan Midstream Partners L.P.by 0.8% in the second quarter. The stock increased 0.53% or $0.37 during the last trading session, reaching $70.07. In general, if the indicator goes above -20, the stock may be considered overbought. Bank of Montreal Can lifted its position in shares of EQT Midstream Partners, by 25.4% in the 2nd quarter. Inc. now owns 82,466 shares of the company's stock valued at $6,267,000 after buying an additional 685 shares during the period. Finally, Neuberger Berman Group LLC lifted its position in shares of EQT Midstream Partners, by 6.4% in the 1st quarter. Moreover, Evergreen Capital Management Llc has 1.6% invested in the company for 329,080 shares. Institutional owners hold 56.10% stake in the company, while insiders ownership held at 54.05%.
EQT Midstream Partners, (EQM) opened at 75.13 on Wednesday.
The stock's 50 day moving average is 21.25 and its 200 day moving average is 22.78. The company has a market capitalization of $15.98 billion, a price-to-earnings ratio of 19.00 and a beta of 0.80. Summit Midstream Partners, LP has a 52-week low of 19.15 and a 52-week high of 26.50.
The business also recently declared a quarterly dividend, which was paid on Monday, August 14th. Shareholders of record on Friday, August 4th were given a $0.935 dividend. (NYSE:MMP) last posted its earnings results on Thursday, February 2nd. This is an increase from Magellan Midstream Partners L.P.'s previous quarterly dividend of $0.84.
Digging deeping into the American Midstream Partners LP (AMID) 's technical indicators, we note that the Williams Percent Range or 14 day Williams %R now sits at -43.75. If you are reading this piece of content on another website, it was copied illegally and republished in violation of United States and worldwide trademark and copyright law.