The shares of Enable Midstream Partners LP (NYSE:ENBL) has been pegged with a rating of Underweight by Barclays in its latest research note that was published on March 24, 2020. The Basic Materials company has also assigned a $2 price target. Barclays wasn’t the only research firm that published a report of Enable Midstream Partners LP, with other equities research analysts also giving their opinion on the stock. UBS advised investors in its research note published on March 16, 2020, to Neutral the ENBL stock while also putting a $3 price target. The stock had earned Overweight rating from Wells Fargo Markets when it published its report on January 07, 2020. That day the Wells Fargo set price target on the stock to $12. Mizuho was of a view that ENBL is Buy in its latest report on May 06, 2019. Stifel thinks that ENBL is worth Buy rating. This was contained in the firm’s report on February 21, 2019 in which the stock’s price target was also moved to 17.
Amongst the analysts that rated the stock, 1 have recommended investors to sell it, 5 believe it has the potential for further growth, thus rating it as Hold while 2 advised investors to purchase the stock. The consensus currently stands at a Hold while its average price target is $6.29. The price of the stock the last time has raised by 53.42% from its 52-Week high price while it is -82.94% than its 52-Week low price. A look at the stock’s other technical shows that its 14-day RSI now stands at 36.69.
The shares of the company dipped by -4.63% during the trading session on Tuesday, reaching a low of $2.38 while ending the day at $2.47. During the trading session, a total of 3.48 million shares were traded which represents a -42.73% decline from the average session volume which is 2.44 million shares. ENBL had ended its last session trading at $2.59. Enable Midstream Partners LP debt-to-equity ratio currently stands at 0.62, while its quick ratio hovers at 0.40 ENBL 52-week low price stands at $1.61 while its 52-week high price is $14.48.
The company in its last quarterly report recorded $0.21 earnings per share which is below the predicted by most analysts. The Enable Midstream Partners LP generated 4.0 million in revenue during the last quarter. In the second quarter last year, the firm recorded $0.28 earnings per share. Compared to the same quarter last year, the firm’s revenue was down by -23.81%. Enable Midstream Partners LP has the potential to record 0.80 EPS for the current fiscal year, according to equities analysts.
Investment analysts at Nomura published a research note on March 18, 2020 where it informed investors and clients that Stitch Fix Inc. (NASDAQ:SFIX) is now rated as Buy. Their price target on the stock stands at $18. JP Morgan also rated SFIX as Resumed on March 10, 2020, with its price target of $17 suggesting that SFIX could surge by 32.8% from its current share price. Even though the stock has been trading at $12.75/share, analysts expect it to surge by 4.63% to reach $19.85/share. It started the day trading at $13.79 and traded between $13.10 and $13.34 throughout the trading session.
A look at its technical shows that SFIX’s 50-day SMA is 19.93 while its 200-day SMA stands at 22.67. The stock has a high of $32.34 for the year while the low is $10.90. The stock, however, witnessed a rise in its short on 03/13/20. Compared to previous close which recorded 22.83 M shorted shares, the short percentage went lower by -10.65%, as 20.40M ENBL shares were shorted. At the moment, only 37.76% of Stitch Fix Inc. shares were sold short. The company’s P/E ratio currently sits at 54.45, while the P/B ratio is 3.10. The company’s average trading volume currently stands at 2.70M shares, which means that the short-interest ratio is just 7.54 days. Over the past seven days, the company moved, with its shift of 5.04%. Looking further, the stock has dropped -43.47% over the past 90 days while it lost -33.76% over the last six months.
The change in the stock’s fortunes has led to several institutional investors altering their holdings of the stock. The Jackson Square Partners LLC bought more SFIX shares, increasing its portfolio by 22.46% during the last quarter. This move now sees The Jackson Square Partners LLC purchasing 983,001 shares in the last quarter, thus it now holds 5,359,802 shares of SFIX, with a total valuation of $68,069,485. Baillie Gifford & Co. meanwhile bought more SFIX shares in the recently filed quarter, changing its stake to $59,999,766 worth of shares.
Similarly, The Vanguard Group, Inc. increased its Stitch Fix Inc. shares by 3.66% during the recently filed quarter. After buying 4,174,780 shares in the last quarter, the firm now controls 147,474 shares of Stitch Fix Inc. which are valued at $53,019,706. In the same vein, Miller Value Partners LLC increased its Stitch Fix Inc. shares by during the most recent reported quarter. The firm bought 950,620 shares during the quarter which increased its stakes to 2,593,345 shares and is now valued at $32,935,482. Following these latest developments, around 2.10% of Stitch Fix Inc. stocks are owned by institutional investors and hedge funds.