Investors with the goal of beating the broader market often turn to stock selection. Strategic choices in individual stocks can have a profound impact on your wealth.
The price of Western Midstream Partners LP (NYSE: WES) closed at $38.25 in the last session, down -0.31% from day before closing price of $38.37. In other words, the price has decreased by -$0.31 from its previous closing price. On the day, 1.76 million shares were traded. WES stock price reached its highest trading level at $38.5 during the session, while it also had its lowest trading level at $37.75.
Ratios:
We take a closer look at WES’s different ratios to gain a better understanding of the stock. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 112.43 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 9.91. For the most recent quarter (mrq), Quick Ratio is recorded 1.29 and its Current Ratio is at 1.30. In the meantime, Its Debt-to-Equity ratio is 2.19 whereas as Long-Term Debt/Eq ratio is at 2.17.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, Morgan Stanley on October 25, 2024, Downgraded its rating to Underweight and sets its target price to $40 from $42 previously.
Morgan Stanley Downgraded its Overweight to Equal-Weight on September 16, 2024, while the target price for the stock was maintained at $42.
Insider Transactions:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Nov 27 ’24 when Ure Michael bought 16,558 shares for $40.01 per share.
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 14585833472 and an Enterprise Value of 21608955904. As of this moment, Western’s Price-to-Earnings (P/E) ratio for their current fiscal year is 11.77, and their Forward P/E ratio for the next fiscal year is 10.36. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.97 while its Price-to-Book (P/B) ratio in mrq is 4.57. Its current Enterprise Value per Revenue stands at 5.886 whereas that against EBITDA is 9.476.
Stock Price History:
The Beta on a monthly basis for WES is 1.16, which has changed by 0.021634579 over the last 52 weeks, in comparison to a change of 0.15624678 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 -2.27%, while the 200-Day Moving Average is calculated to be -2.49%.
Shares Statistics:
According to the various share statistics, WES traded on average about 1.08M shares per day over the past 3-months and 1268410 shares per day over the past 10 days. A total of 381.33M shares are outstanding, with a floating share count of 212.58M. Insiders hold about 44.25% of the company’s shares, while institutions hold 36.84% stake in the company. Shares short for WES as of 1755216000 were 7300118 with a Short Ratio of 5.02, compared to 1752537600 on 5278871. Therefore, it implies a Short% of Shares Outstanding of 7300118 and a Short% of Float of 3.83.
Dividends & Splits
The forward annual dividend rate for WES is 3.57, which was 3.57 in the trailing 12 months. Against a Trailing Annual Dividend Yield of 0.09304144The stock’s 5-year Average Dividend Yield is 8.16.
Earnings Estimates
As of right now, 2.0 analysts gave their recommendation on the stock of the company. The consensus estimate for the next quarter is $0.94, with high estimates of $0.96 and low estimates of $0.91.
Analysts are recommending an EPS of between $3.64 and $3.47 for the fiscal current year, implying an average EPS of $3.56. EPS for the following year is $3.79, with 4.0 analysts recommending between $3.96 and $3.69.
Revenue Estimates
According to 5 analysts, the current quarter’s revenue is expected to be $961.86M. It ranges from a high estimate of $1.01B to a low estimate of $924M. As of the current estimate, Western Midstream Partners LP’s year-ago sales were $883.36MFor the next quarter, 5 analysts are estimating revenue of $988.8M. There is a high estimate of $1.04B for the next quarter, whereas the lowest estimate is $960.52M.
A total of 6 analysts have provided revenue estimates for WES’s current fiscal year. The highest revenue estimate was $3.95B, while the lowest revenue estimate was $3.62B, resulting in an average revenue estimate of $3.81B. In the same quarter a year ago, actual revenue was $3.61BBased on 6 analysts’ estimates, the company’s revenue will be $4.08B in the next fiscal year. The high estimate is $4.5B and the low estimate is $3.62B.
