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After finishing at $38.86 in the prior trading day, Western Midstream Partners LP (NYSE: WES) closed at $38.83, down -0.08%. In other words, the price has decreased by -$0.08 from its previous closing price. On the day, 0.82 million shares were traded. WES stock price reached its highest trading level at $39.1625 during the session, while it also had its lowest trading level at $38.55.
Ratios:
Our goal is to gain a better understanding of WES by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 89.36 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 10.53. For the most recent quarter (mrq), Quick Ratio is recorded 1.41 and its Current Ratio is at 1.43. In the meantime, Its Debt-to-Equity ratio is 2.20 whereas as Long-Term Debt/Eq ratio is at 2.18.
On October 25, 2024, Morgan Stanley Downgraded its rating to Underweight which previously was Equal-Weight and also lowered its target price recommendation from $42 to $40.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, WES now has a Market Capitalization of 15842473984 and an Enterprise Value of 22820999168. As of this moment, Western’s Price-to-Earnings (P/E) ratio for their current fiscal year is 11.49, and their Forward P/E ratio for the next fiscal year is 10.47. For the stock, the TTM Price-to-Sale (P/S) ratio is 4.24 while its Price-to-Book (P/B) ratio in mrq is 4.65. Its current Enterprise Value per Revenue stands at 6.101 whereas that against EBITDA is 9.722.
Stock Price History:
The Beta on a monthly basis for WES is 0.73, which has changed by -0.027284086 over the last 52 weeks, in comparison to a change of 0.13042927 over the same period for the S&P500. Over the past 52 weeks, WES has reached a high of $43.33, while it has fallen to a 52-week low of $33.60. The 50-Day Moving Average of the stock is 0.57%, while the 200-Day Moving Average is calculated to be 0.08%.
Shares Statistics:
The stock has traded on average 1.66M shares per day over the past 3-months and 1572600 shares per day over the last 10 days, according to various share statistics. A total of 381.33M shares are outstanding, with a floating share count of 239.13M. Insiders hold about 41.39% of the company’s shares, while institutions hold 36.27% stake in the company. Shares short for WES as of 1764288000 were 5453127 with a Short Ratio of 3.29, compared to 1761868800 on 4875576. Therefore, it implies a Short% of Shares Outstanding of 5453127 and a Short% of Float of 2.5100000000000002.
Dividends & Splits
In the trailing 12 months, WES’s forward annual dividend rate was 3.605, compared to 3.60 this year. Against a Trailing Annual Dividend Yield of 0.092768915. The stock’s 5-year Average Dividend Yield is 7.52.
Earnings Estimates
. The current market rating for Western Midstream Partners LP (WES) reflects the collective analysis of 4.0 analysts closely monitoring its performance.The consensus estimate for the next quarter is $0.9, with high estimates of $0.92 and low estimates of $0.87.
Analysts are recommending an EPS of between $3.66 and $3.52 for the fiscal current year, implying an average EPS of $3.58. EPS for the following year is $3.76, with 4.0 analysts recommending between $3.9 and $3.61.
Revenue Estimates
5 analysts predict $1.06B in revenue for. The current quarter. It ranges from a high estimate of $1.12B to a low estimate of $1B. As of. The current estimate, Western Midstream Partners LP’s year-ago sales were $928.5MFor the next quarter, 5 analysts are estimating revenue of $1.08B. There is a high estimate of $1.12B for the next quarter, whereas the lowest estimate is $1.03B.
A total of 6 analysts have provided revenue estimates for WES’s current fiscal year. The highest revenue estimate was $3.96B, while the lowest revenue estimate was $3.69B, resulting in an average revenue estimate of $3.88B. In the same quarter a year ago, actual revenue was $3.61BBased on 6 analysts’ estimates, the company’s revenue will be $4.18B in the next fiscal year. The high estimate is $4.52B and the low estimate is $3.56B.
