EnLink Midstream, LLC (ENLC)
NYSE: ENLC · IEX Real-Time Price · USD
14.19
+0.07 (0.50%)
At close: Jul 19, 2024, 4:00 PM
15.03
+0.84 (5.93%)
After-hours: Jul 20, 2024, 1:30 PM EDT
EnLink Midstream, LLC Stock Forecast
Stock Price Forecast
The 7 analysts with 12-month price forecasts for ENLC stock have an average target of 15.43, with a low estimate of 14 and a high estimate of 17. The average target predicts an increase of 8.74% from the current stock price of 14.19.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for ENLC stock from 8 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 | Jul '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 3 | 3 | 3 | 3 | 3 | 2 |
| Buy | 3 | 4 | 4 | 4 | 4 | 4 |
| Hold | 3 | 3 | 3 | 3 | 3 | 2 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 9 | 10 | 10 | 10 | 10 | 8 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Wells Fargo | Wells Fargo | Hold → Buy Upgrades $13 → $17 | Hold → Buy | Upgrades | $13 → $17 | +19.80% | Jul 8, 2024 |
| Citigroup | Citigroup | Strong Buy Maintains $13 → $16 | Strong Buy | Maintains | $13 → $16 | +12.76% | Apr 16, 2024 |
| Capital One | Capital One | Buy Initiates $15 | Buy | Initiates | $15 | +5.71% | Mar 22, 2024 |
| JP Morgan | JP Morgan | Hold Maintains $15 → $14 | Hold | Maintains | $15 → $14 | -1.34% | Feb 29, 2024 |
| UBS | UBS | Strong Buy Maintains $14 → $15 | Strong Buy | Maintains | $14 → $15 | +5.71% | Jan 18, 2024 |
Financial Forecast
Revenue This Year
7.75B
from 6.90B
Increased by 12.36%
Revenue Next Year
8.60B
from 7.75B
Increased by 10.96%
EPS This Year
0.58
from 0.44
Increased by 32.10%
EPS Next Year
0.82
from 0.58
Increased by 41.06%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 8.8B | 10.1B | 9.1B |
| Avg | 7.8B | 8.6B | 8.4B |
| Low | 6.8B | 7.4B | 7.7B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 27.4% | 29.9% | 5.5% |
| Avg | 12.4% | 11.0% | -2.2% |
| Low | -1.3% | -4.2% | -10.6% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 0.67 | 1.13 | 1.37 |
| Avg | 0.58 | 0.82 | 1.01 |
| Low | 0.45 | 0.65 | 0.74 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 52.7% | 95.1% | 66.5% |
| Avg | 32.1% | 41.1% | 23.6% |
| Low | 2.5% | 11.1% | -9.2% |
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.