News articles about American Midstream (NYSE:AMID) have trended somewhat positive on Saturday, Accern Sentiment Analysis reports. The research firm rates the sentiment of news coverage by monitoring more than 20 million news and blog sources. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. American Midstream earned a coverage optimism score of 0.02 on Accern’s scale. Accern also assigned news stories about the pipeline company an impact score of 46.1003493191971 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the next few days.
Several equities research analysts recently weighed in on the company. TheStreet downgraded American Midstream from a “c-” rating to a “d+” rating in a report on Thursday, March 15th. UBS reaffirmed a “buy” rating and set a $16.00 price target (down from $17.00) on shares of American Midstream in a report on Wednesday, March 14th. Finally, ValuEngine downgraded American Midstream from a “sell” rating to a “strong sell” rating in a report on Thursday, March 1st. One equities research analyst has rated the stock with a sell rating, three have given a hold rating and two have issued a buy rating to the stock. The company has a consensus rating of “Hold” and an average target price of $15.25.
American Midstream stock opened at $10.95 on Friday. American Midstream has a one year low of $9.65 and a one year high of $15.25. The company has a debt-to-equity ratio of 2.38, a current ratio of 1.13 and a quick ratio of 1.08.
American Midstream (NYSE:AMID) last released its earnings results on Monday, March 12th. The pipeline company reported ($2.58) EPS for the quarter, missing analysts’ consensus estimates of $0.17 by ($2.75). American Midstream had a negative net margin of 18.07% and a negative return on equity of 36.28%. The business had revenue of $167.58 million during the quarter.
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American Midstream Company Profile
American Midstream Partners, LP provides midstream infrastructure that links the producers of natural gas, crude oil, natural gas liquids (NGLs), condensate, and specialty chemicals to various intermediate and end-use markets in the United States. The company's Gathering and Processing segment includes midstream natural gas systems that provide natural gas, NGLs, and condensate gathering, compression, treating, processing, fractionating, transporting, and selling services to the producers of natural gas and crude oil.
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