Crestwood Equity Partners LP (CEQP)
November 3, 2023 - Crestwood Equity Parnters LP merged with Energy Transfer LP
28.26
+1.18 (4.36%)
Last trade price
CEQP Stock Forecast
Stock Price Forecast
The 6 analysts with 12-month price forecasts for CEQP stock had an average target of 28.67, with a low estimate of 28 and a high estimate of 30.
Analyst Consensus: Hold
* Price targets were last updated on Aug 25, 2023.
Analyst Ratings
The average analyst rating for CEQP stock from 8 stock analysts was "Hold". This means that analysts believed this stock was likely to perform similarly to the overall market.
Recommendation Trends
| Rating | Jul '23 | Aug '23 | Sep '23 | Oct '23 | Nov '23 | Dec '23 |
|---|---|---|---|---|---|---|
| Strong Buy | 3 | 1 | 1 | 1 | 1 | 1 |
| Buy | 4 | 0 | 0 | 0 | 0 | 0 |
| Hold | 1 | 6 | 6 | 6 | 6 | 6 |
| Sell | 0 | 1 | 1 | 1 | 1 | 1 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 8 | 8 | 8 | 8 | 8 | 8 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Raymond James | Raymond James | Buy → Hold Downgrades $30 | Buy → Hold | Downgrades | $30 | +6.16% | Aug 25, 2023 |
| Truist Securities | Truist Securities | Strong Buy → Hold Downgrades $31 → $28 | Strong Buy → Hold | Downgrades | $31 → $28 | -0.92% | Aug 18, 2023 |
| Scotiabank | Scotiabank | Buy → Hold Downgrades n/a | Buy → Hold | Downgrades | n/a | n/a | Aug 17, 2023 |
| Wells Fargo | Wells Fargo | Buy → Hold Downgrades $31 → $29 | Buy → Hold | Downgrades | $31 → $29 | +2.62% | Aug 17, 2023 |
| Citigroup | Citigroup | Strong Buy → Hold Downgrades $30 → $28 | Strong Buy → Hold | Downgrades | $30 → $28 | -0.92% | Aug 3, 2023 |
Financial Forecast
Revenue This Year
4.74B
from 6.00B
Decreased by -20.98%
Revenue Next Year
4.70B
from 4.74B
Decreased by -0.82%
EPS This Year
1.85
from -0.29
EPS Next Year
1.75
from 1.85
Decreased by -5.37%
Revenue Forecast
| Revenue | 2023 | 2024 | 2025 |
|---|---|---|---|
| High | 4.9B | 4.8B | 6.9B |
| Avg | 4.7B | 4.7B | 6.7B |
| Low | 4.6B | 4.5B | 6.4B |
Revenue Growth
| Revenue Growth | 2023 | 2024 | 2025 |
|---|---|---|---|
| High | -18.7% | 2.1% | 46.1% |
| Avg | -21.0% | -0.8% | 41.9% |
| Low | -24.1% | -4.7% | 36.3% |
EPS Forecast
| EPS | 2023 | 2024 | 2025 |
|---|---|---|---|
| High | 2.37 | 2.59 | 3.01 |
| Avg | 1.85 | 1.75 | 2.34 |
| Low | 0.84 | 1.24 | 1.62 |
EPS Growth
| EPS Growth | 2023 | 2024 | 2025 |
|---|---|---|---|
| High | - | 40.0% | 71.9% |
| Avg | - | -5.4% | 33.3% |
| Low | - | -32.8% | -7.8% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.