Somewhat Negative News Coverage Likely to Affect American Midstream Partners, (AMID) Stock Price
Media headlines about American Midstream Partners, (NYSE:AMID) have trended somewhat negative on Sunday, according to Alpha One Sentiment Analysis. The research group, a unit of Accern, rates the sentiment of media coverage by reviewing more than twenty million blog and news sources in real-time. Alpha One ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. American Midstream Partners, earned a daily sentiment score of -0.13 on Alpha One’s scale. Alpha One also assigned news stories about the pipeline company an impact score of 67 out of 100, indicating that recent media coverage is likely to have an impact on the company’s share price in the near term.
Here are some of the headlines that may have impacted AlphaOne Sentiment Analysis’s analysis:
- Focusing in on Shares of EnLink Midstream Partners, LP (NYSE:ENLK) (badhub.net)
- 0.83 is American Midstream Partners LP’s (NYSE:AMID) Institutional Investor Sentiment – WeeklyHub (weeklyhub.com)
- Significant Movements: American Midstream Partners, LP (AMID), Arbor Realty Trust, Inc. (ABR) – The Momentous News (momentousnews.com)
- Tale of the Ticker: American Midstream Partners LP (AMID) Moves on Volume – Wall Street Review (thewallstreetreview.com)
- American Midstream Partners LP :AMID-US: Earnings Analysis: Q1, 2017 By the Numbers : June 14, 2017 (finance.yahoo.com)
Shares of American Midstream Partners, (NYSE AMID) traded up 19.56% on Friday, reaching $13.45. 1,251,710 shares of the company’s stock traded hands. American Midstream Partners, has a 52 week low of $10.39 and a 52 week high of $18.45. The stock’s market capitalization is $703.69 million. The company has a 50 day moving average of $13.01 and a 200-day moving average of $15.46.
American Midstream Partners, (NYSE:AMID) last issued its earnings results on Wednesday, May 10th. The pipeline company reported ($0.75) earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.09 by $0.84. The business had revenue of $199.63 million for the quarter. American Midstream Partners, had a negative return on equity of 2.42% and a negative net margin of 60.13%. Equities research analysts forecast that American Midstream Partners, will post $0.42 earnings per share for the current year.
Several research analysts have issued reports on AMID shares. Zacks Investment Research raised shares of American Midstream Partners, from a “sell” rating to a “hold” rating in a research report on Monday, April 17th. Royal Bank Of Canada reissued a “buy” rating and set a $19.00 price objective on shares of American Midstream Partners, in a research report on Friday, March 17th. Finally, ValuEngine downgraded shares of American Midstream Partners, from a “hold” rating to a “sell” rating in a research report on Friday, June 2nd. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating and five have issued a buy rating to the company’s stock. The company currently has a consensus rating of “Buy” and a consensus target price of $18.25.
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American Midstream Partners, Company Profile
American Midstream Partners, LP owns, operates, develops and acquires a portfolio of midstream energy assets. The Company provides midstream infrastructure that links producers of natural gas, crude oil, natural gas liquids (NGLs), condensate and specialty chemicals to numerous intermediate and end-use markets.
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