Analysts expect that Antero Midstream Partners LP (NYSE:AM) will post $0.38 earnings per share (EPS) for the current quarter, Zacks reports. Three analysts have provided estimates for Antero Midstream Partners’ earnings, with the highest EPS estimate coming in at $0.40 and the lowest estimate coming in at $0.33. Antero Midstream Partners posted earnings of $0.37 per share during the same quarter last year, which suggests a positive year-over-year growth rate of 2.7%. The business is expected to issue its next quarterly earnings results on Tuesday, February 27th.

On average, analysts expect that Antero Midstream Partners will report full-year earnings of $1.46 per share for the current fiscal year, with EPS estimates ranging from $1.39 to $1.53. For the next fiscal year, analysts forecast that the business will report earnings of $1.78 per share, with EPS estimates ranging from $1.16 to $2.11. Zacks’ earnings per share calculations are a mean average based on a survey of analysts that follow Antero Midstream Partners.

Several analysts have recently commented on the stock. Zacks Investment Research lowered shares of Antero Midstream Partners from a “hold” rating to a “sell” rating in a research report on Tuesday. Credit Suisse Group assumed coverage on shares of Antero Midstream Partners in a research report on Friday, January 5th. They issued an “outperform” rating and a $35.00 price target on the stock. TheStreet upgraded shares of Antero Midstream Partners from a “c” rating to a “b” rating in a research report on Monday, November 6th. Mitsubishi UFJ Financial Group reiterated an “overweight” rating on shares of Antero Midstream Partners in a research report on Friday, November 3rd. Finally, Scotiabank set a $44.00 price target on shares of Antero Midstream Partners and gave the company a “buy” rating in a research report on Saturday, October 21st. One equities research analyst has rated the stock with a sell rating, two have given a hold rating and twelve have given a buy rating to the company’s stock. Antero Midstream Partners presently has an average rating of “Buy” and a consensus target price of $38.27.

Shares of Antero Midstream Partners (NYSE AM) opened at $31.75 on Friday. The company has a market cap of $5,930.00, a P/E ratio of 22.20, a PEG ratio of 0.88 and a beta of 1.79. Antero Midstream Partners has a 1 year low of $25.71 and a 1 year high of $35.74. The company has a debt-to-equity ratio of 0.70, a current ratio of 1.00 and a quick ratio of 1.00.

Several institutional investors and hedge funds have recently made changes to their positions in AM. The Manufacturers Life Insurance Company lifted its stake in shares of Antero Midstream Partners by 8.3% during the second quarter. The Manufacturers Life Insurance Company now owns 5,347 shares of the pipeline company’s stock valued at $177,000 after buying an additional 410 shares during the period. Carnick & Kubik Group LLC purchased a new position in shares of Antero Midstream Partners during the third quarter valued at approximately $227,000. Guild Investment Management Inc. purchased a new position in shares of Antero Midstream Partners during the third quarter valued at approximately $236,000. Northern Trust Corp purchased a new position in shares of Antero Midstream Partners during the second quarter valued at approximately $245,000. Finally, Keybank National Association OH lifted its stake in shares of Antero Midstream Partners by 4.8% during the second quarter. Keybank National Association OH now owns 7,790 shares of the pipeline company’s stock valued at $258,000 after buying an additional 360 shares during the period. 49.36% of the stock is currently owned by institutional investors and hedge funds.

WARNING: “$0.38 Earnings Per Share Expected for Antero Midstream Partners LP (AM) This Quarter” was first posted by The Cerbat Gem and is owned by of The Cerbat Gem. If you are viewing this article on another publication, it was illegally stolen and republished in violation of US and international copyright and trademark laws. The original version of this article can be viewed at https://www.thecerbatgem.com/2018/01/13/0-38-earnings-per-share-expected-for-antero-midstream-partners-lp-am-this-quarter.html.

About Antero Midstream Partners

Antero Midstream Partners LP is a limited partnership formed by Antero Resources Corporation (Antero Resources) to own, operate and develop midstream energy assets to service Antero Resources’ production. The Company’s segments include gathering and compression, and water handling and treatment. The gathering and compression segment includes a network of gathering pipelines, compressor stations, and processing and fractionation plants that collect and process natural gas, natural gas liquids (NGLs) and oil from Antero Resources’ wells in West Virginia and Ohio.

Get a free copy of the Zacks research report on Antero Midstream Partners (AM)

For more information about research offerings from Zacks Investment Research, visit Zacks.com

Receive News & Stock Ratings for Antero Midstream Partners Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Antero Midstream Partners and related stocks with our FREE daily email newsletter.