Analysts See $0.36 EPS for Rice Midstream Partners LP (RMP)

October 13, 2017 - By Ellis Scott

 Analysts See $0.36 EPS for Rice Midstream Partners LP (RMP)

Analysts await Rice Midstream Partners LP (NYSE:RMP) to report earnings on November, 1. They expect $0.36 EPS, up 20.00 % or $0.06 from last year’s $0.3 per share. RMP’s profit will be $36.83 million for 14.80 P/E if the $0.36 EPS becomes a reality. After $0.42 actual EPS reported by Rice Midstream Partners LP for the previous quarter, Wall Street now forecasts -14.29 % negative EPS growth. The stock decreased 1.11% or $0.24 during the last trading session, reaching $21.31. About 324,840 shares traded. Rice Midstream Partners LP (NYSE:RMP) has risen 42.06% since October 14, 2016 and is uptrending. It has outperformed by 25.36% the S&P500.

Rice Midstream Partners LP (NYSE:RMP) Ratings Coverage

Among 10 analysts covering Rice Midstream Partners (NYSE:RMP), 2 have Buy rating, 0 Sell and 8 Hold. Therefore 20% are positive. Rice Midstream Partners had 32 analyst reports since August 7, 2015 according to SRatingsIntel. BMO Capital Markets maintained it with “Buy” rating and $2000 target in Thursday, August 10 report. Stifel Nicolaus maintained it with “Hold” rating and $19.0 target in Thursday, September 28 report. The firm earned “Hold” rating on Friday, August 28 by Zacks. As per Monday, June 26, the company rating was downgraded by Howard Weil. The firm has “Overweight” rating by Mitsubishi UFJ given on Thursday, September 1. The stock of Rice Midstream Partners LP (NYSE:RMP) has “Sector Outperform” rating given on Tuesday, December 15 by Howard Weil. The stock of Rice Midstream Partners LP (NYSE:RMP) has “Outperform” rating given on Monday, August 10 by Roth Capital. As per Monday, June 26, the company rating was downgraded by Scotia Capital. RBC Capital Markets maintained the stock with “Hold” rating in Sunday, July 23 report. The firm earned “Hold” rating on Sunday, August 27 by RBC Capital Markets.

Rice Midstream Partners LP owns, operates, develops and acquires midstream assets in the Appalachian Basin. The company has market cap of $2.18 billion. The Company’s divisions are gathering and compression, and water services. It has a 15.19 P/E ratio. The gathering and compression segment provides natural gas gathering and compression services for Rice Energy Inc. and third parties in the Appalachian Basin.

More notable recent Rice Midstream Partners LP (NYSE:RMP) news were published by: Seekingalpha.com which released: “Rice Energy To Accelerate Dropdown To Rice Midstream Partners” on May 18, 2017, also Nasdaq.com with their article: “Rice Midstream Partners LP (RMP) Ex-Dividend Date Scheduled for May 05, 2017” published on May 04, 2017, Seekingalpha.com published: “Rice Midstream Partners Should Continue To Grow Despite EQT Acquisition Of …” on June 30, 2017. More interesting news about Rice Midstream Partners LP (NYSE:RMP) were released by: Seekingalpha.com and their article: “Rice Midstream -29% in the wake of EQT’s takeover of Rice Energy” published on June 19, 2017 as well as Seekingalpha.com‘s news article titled: “Rice Midstream Partners: Welcome The Dropdown” with publication date: April 27, 2017.

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