DCP Midstream LP (NYSE:DCP) went up by 9.73% from its latest closing price compared to the recent 1-year high of $39.54. The company’s stock price has collected 2.27% of gains in the last five trading sessions.
Is It Worth Investing in DCP Midstream LP (NYSE :DCP) Right Now?
DCP Midstream LP (NYSE:DCP) scored a price-to-earnings ratio above its average ratio, recording 9.38 x from its present earnings ratio. Plus, the 36-month beta value for DCP is at 2.76. Opinions of the stock are interesting as 6 analysts out of 8 who provided ratings for DCP Midstream LP declared the stock was a “buy,” while 1 rated the stock as “overweight,” 1 rated it as “hold,” and 0 as “sell.”
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The average price from analysts is $43.75, which is $5.58 above the current price. DCP currently public float of 90.39M and currently shorts hold a 4.51% ratio of that float. Today, the average trading volume of DCP was 506.88K shares.
DCP’s Market Performance
DCP stocks went up by 2.27% for the week, with a monthly jump of 9.69% and a quarterly performance of 1.67%, while its annual performance rate touched 29.96%. The volatility ratio for the week stands at 4.08% while the volatility levels for the past 30 days are set at 4.17% for DCP Midstream LP. The simple moving average for the period of the last 20 days is 12.81% for DCP stocks with a simple moving average of 21.55% for the last 200 days.
Analysts’ Opinion of DCP
Many brokerage firms have already submitted their reports for DCP stocks, with RBC Capital Mkts repeating the rating for DCP by listing it as a “Sector Perform.” The predicted price for DCP in the upcoming period, according to RBC Capital Mkts is $38 based on the research report published on August 18th of the current year 2022.
RBC Capital Mkts, on the other hand, stated in their research note that they expect to see DCP reach a price target of $40, previously predicting the price at $47. The rating they have provided for DCP stocks is “Outperform” according to the report published on July 12th, 2022.
DCP Trading at 18.64% from the 50-Day Moving Average
After a stumble in the market that brought DCP to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -3.57% of loss for the given period.
Volatility was left at 4.17%, however, over the last 30 days, the volatility rate increased by 4.08%, as shares surge +22.30% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -2.99% lower at present.
During the last 5 trading sessions, DCP rose by +8.79%, which changed the moving average for the period of 200-days by +22.06% in comparison to the 20-day moving average, which settled at $34.15. In addition, DCP Midstream LP saw 26.46% in overturn over a single year, with a tendency to cut further gains.
Stock Fundamentals for DCP
Current profitability levels for the company are sitting at:
- +7.19 for the present operating margin
- +9.16 for the gross margin
The net margin for DCP Midstream LP stands at +3.45. Equity return is now at value 15.20, with 5.70 for asset returns.
The liquidity ratio also appears to be rather interesting for investors as it stands at 0.87.