Equitrans Midstream Corporation (ETRN)
NYSE: ETRN · IEX Real-Time Price · USD
13.74
+0.02 (0.15%)
Apr 26, 2024, 4:00 PM EDT - Market closed
Equitrans Midstream Stock Forecast
Stock Price Forecast
The 9 analysts with 12-month price forecasts for Equitrans Midstream stock have an average target of 11.31, with a low estimate of 9.00 and a high estimate of 13. The average target predicts a decrease of -17.69% from the current stock price of 13.74.
Analyst Consensus: Hold
* Price targets were last updated on Mar 12, 2024.
Analyst Ratings
The average analyst rating for ETRN stock from 11 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.
Recommendation Trends
| Rating | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Buy | 3 | 2 | 2 | 2 | 3 | 3 |
| Hold | 5 | 5 | 5 | 5 | 6 | 5 |
| Sell | 2 | 3 | 3 | 3 | 2 | 2 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 11 | 11 | 11 | 11 | 12 | 11 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Wells Fargo | Wells Fargo | Sell → Hold Upgrades $10 → $12 | Sell → Hold | Upgrades | $10 → $12 | -12.66% | Mar 12, 2024 |
| RBC Capital | RBC Capital | Buy Reiterates $13 | Buy | Reiterates | $13 | -5.39% | Mar 7, 2024 |
| Barclays | Barclays | Hold Maintains $6 → $11 | Hold | Maintains | $6 → $11 | -19.94% | Feb 26, 2024 |
| Morgan Stanley | Morgan Stanley | Buy Maintains $13 → $12 | Buy | Maintains | $13 → $12 | -12.66% | Feb 22, 2024 |
| Wells Fargo | Wells Fargo | Hold → Sell Downgrades $10 | Hold → Sell | Downgrades | $10 | -27.22% | Dec 14, 2023 |
Financial Forecast
Revenue This Year
1.54B
from 1.39B
Increased by 10.77%
Revenue Next Year
1.64B
from 1.54B
Increased by 5.96%
EPS This Year
0.81
from 0.89
Decreased by -9.00%
EPS Next Year
0.98
from 0.81
Increased by 20.91%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 1.7B | 1.8B | 1.7B | 1.9B |
| Avg | 1.5B | 1.6B | 1.5B | 1.8B |
| Low | 1.4B | 1.5B | 1.3B | 1.7B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 24.7% | 17.4% | 5.5% | 20.7% |
| Avg | 10.8% | 6.0% | -6.2% | 17.2% |
| Low | 1.7% | -4.0% | -23.3% | 12.6% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 1.11 | 1.30 | 1.51 | 1.47 |
| Avg | 0.81 | 0.98 | 1.15 | 1.43 |
| Low | 0.53 | 0.65 | 0.81 | 1.37 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 25.1% | 60.8% | 54.4% | 28.2% |
| Avg | -9.0% | 20.9% | 17.1% | 24.6% |
| Low | -40.5% | -20.1% | -16.9% | 19.7% |
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.