Somewhat Positive Media Coverage Somewhat Unlikely to Affect Enable Midstream Partners (ENBL) Share Price

News headlines about Enable Midstream Partners (NYSE:ENBL) have trended somewhat positive on Thursday, Accern Sentiment Analysis reports. The research firm identifies positive and negative news coverage by reviewing more than 20 million news and blog sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. Enable Midstream Partners earned a media sentiment score of 0.17 on Accern’s scale. Accern also gave media stories about the pipeline company an impact score of 46.5704441538674 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the next several days.

Enable Midstream Partners (NYSE:ENBL) traded up $0.56 during trading on Thursday, reaching $15.51. 816,800 shares of the company were exchanged, compared to its average volume of 364,168. The stock has a market capitalization of $6,710.00, a P/E ratio of 18.69, a price-to-earnings-growth ratio of 3.04 and a beta of 1.92. The company has a current ratio of 0.54, a quick ratio of 0.49 and a debt-to-equity ratio of 0.36. Enable Midstream Partners has a 52 week low of $13.75 and a 52 week high of $17.36.

Enable Midstream Partners (NYSE:ENBL) last released its quarterly earnings results on Wednesday, November 1st. The pipeline company reported $0.24 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.23 by $0.01. Enable Midstream Partners had a net margin of 16.03% and a return on equity of 5.69%. The company had revenue of $705.00 million for the quarter, compared to the consensus estimate of $688.61 million. During the same quarter in the prior year, the firm earned $0.26 earnings per share. Enable Midstream Partners’s revenue was up 13.7% on a year-over-year basis. sell-side analysts anticipate that Enable Midstream Partners will post 0.9 EPS for the current year.

A number of equities analysts recently weighed in on the stock. Bank of America assumed coverage on shares of Enable Midstream Partners in a research report on Tuesday. They set a “buy” rating for the company. BidaskClub upgraded shares of Enable Midstream Partners from a “hold” rating to a “buy” rating in a research report on Thursday, September 28th. Zacks Investment Research lowered shares of Enable Midstream Partners from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, January 3rd. Royal Bank of Canada restated a “hold” rating and set a $18.00 target price on shares of Enable Midstream Partners in a research report on Sunday, September 17th. Finally, Goldman Sachs Group assumed coverage on shares of Enable Midstream Partners in a research report on Friday, November 17th. They set a “neutral” rating for the company. One equities research analyst has rated the stock with a sell rating, seven have issued a hold rating and four have assigned a buy rating to the stock. The stock has a consensus rating of “Hold” and a consensus target price of $17.71.

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About Enable Midstream Partners

Enable Midstream Partners LP owns, operates and develops midstream energy infrastructure assets strategically located to serve its customers. The Company operates in two business segments: Gathering and Processing, and Transportation and Storage. Its gathering and processing segment primarily provides natural gas and crude oil gathering and natural gas processing services to its producer customers.

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