EQT Midstream Partners, LP (NYSE:EQM) – Analysts at Seaport Global Securities issued their Q3 2017 EPS estimates for EQT Midstream Partners, in a research note issued on Tuesday. Seaport Global Securities analyst B. Colson expects that the pipeline company will post earnings of $1.22 per share for the quarter. Seaport Global Securities has a “Buy” rating and a $96.00 price target on the stock. Seaport Global Securities also issued estimates for EQT Midstream Partners,’s Q4 2017 earnings at $1.29 EPS and FY2017 earnings at $5.15 EPS.

A number of other equities analysts have also recently issued reports on the company. BidaskClub cut EQT Midstream Partners, from a “sell” rating to a “strong sell” rating in a report on Wednesday, August 16th. Stifel Nicolaus restated a “hold” rating and issued a $79.00 price objective on shares of EQT Midstream Partners, in a report on Friday, July 21st. TheStreet upgraded EQT Midstream Partners, from a “c+” rating to a “b-” rating in a report on Wednesday, July 19th. Royal Bank Of Canada restated a “buy” rating and issued a $96.00 price objective on shares of EQT Midstream Partners, in a report on Tuesday. Finally, Scotiabank set a $94.00 target price on shares of EQT Midstream Partners, and gave the company a “hold” rating in a research note on Saturday, July 22nd. One analyst has rated the stock with a sell rating, three have issued a hold rating and five have given a buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and a consensus target price of $91.50.

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EQT Midstream Partners, (NYSE EQM) opened at 76.62 on Wednesday. The stock has a market cap of $6.17 billion, a P/E ratio of 14.77 and a beta of 0.88. The stock’s 50 day moving average price is $75.00 and its 200-day moving average price is $75.10. EQT Midstream Partners, has a one year low of $69.20 and a one year high of $82.99.

EQT Midstream Partners, (NYSE:EQM) last issued its earnings results on Thursday, July 27th. The pipeline company reported $1.27 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $1.31 by ($0.04). The company had revenue of $199.00 million during the quarter, compared to analyst estimates of $195.00 million. EQT Midstream Partners, had a return on equity of 25.61% and a net margin of 66.99%. The business’s revenue was up 11.8% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $1.27 earnings per share.

Several large investors have recently modified their holdings of EQM. American Century Companies Inc. lifted its holdings in EQT Midstream Partners, by 16.7% in the second quarter. American Century Companies Inc. now owns 900,098 shares of the pipeline company’s stock valued at $67,174,000 after buying an additional 129,017 shares during the period. Bank of New York Mellon Corp raised its holdings in shares of EQT Midstream Partners, by 7.2% during the first quarter. Bank of New York Mellon Corp now owns 24,884 shares of the pipeline company’s stock valued at $1,913,000 after purchasing an additional 1,679 shares during the period. Virtu Financial LLC raised its holdings in shares of EQT Midstream Partners, by 203.4% during the second quarter. Virtu Financial LLC now owns 32,648 shares of the pipeline company’s stock valued at $2,437,000 after purchasing an additional 21,886 shares during the period. Global X Management Co. LLC raised its holdings in shares of EQT Midstream Partners, by 28.8% during the second quarter. Global X Management Co. LLC now owns 364,808 shares of the pipeline company’s stock valued at $27,226,000 after purchasing an additional 81,556 shares during the period. Finally, Marshall Wace North America L.P. raised its holdings in shares of EQT Midstream Partners, by 282.2% during the second quarter. Marshall Wace North America L.P. now owns 488,401 shares of the pipeline company’s stock valued at $36,630,000 after purchasing an additional 360,601 shares during the period. Institutional investors own 73.46% of the company’s stock.

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.

Earnings History and Estimates for EQT Midstream Partners, (NYSE:EQM)

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