EPS for Equity Financial Holdings Inc. (EQI) Expected At $0.27; Summit Midstream Partners LP (SMLP) Sentiment Is 0.83

January 14, 2018 - By Peter Mason

Analysts expect Equity Financial Holdings Inc. (TSE:EQI) to report $0.27 EPS on February, 15.They anticipate $0.15 EPS change or 125.00% from last quarter’s $0.12 EPS. T_EQI’s profit would be $2.58 million giving it 9.52 P/E if the $0.27 EPS is correct. After having $0.18 EPS previously, Equity Financial Holdings Inc.’s analysts see 50.00% EPS growth. The stock increased 0.59% or $0.06 during the last trading session, reaching $10.28. About 100 shares traded. Equity Financial Holdings Inc. (TSE:EQI) has 0.00% since January 14, 2017 and is . It has underperformed by 16.70% the S&P500.

Summit Midstream Partners, LP focuses on owning, developing, and operating midstream energy infrastructure assets primarily shale formations in North America. The company has market cap of $1.68 billion. The firm provides natural gas gathering, treating, and processing services. It has a 15.31 P/E ratio. It operates in five unconventional resource basins, including the Appalachian Basin, which comprises the Utica and Point Pleasant shale formations in southeastern Ohio, and the Marcellus Shale formation in northern West Virginia; the Williston Basin that consists the Bakken and Three Forks shale formations in northwestern North Dakota; the Fort Worth Basin, which includes the Barnett Shale formation in north-central Texas; the Piceance Basin that comprises the Mesaverde formation, and the Mancos and Niobrara shale formations in western Colorado and eastern Utah; and the DJ Basin, which includes the Niobrara shale formation in northeastern Colorado.

Hmi Capital Llc holds 14.2% of its portfolio in Summit Midstream Partners, LP for 5.15 million shares. Emory University owns 87,560 shares or 1.39% of their US portfolio. Moreover, Tph Asset Management Llc has 1.33% invested in the company for 595,461 shares. The Texas-based Cushing Asset Management Lp has invested 1% in the stock. Advisory Research Inc, a Illinois-based fund reported 2.85 million shares.

It closed at $22.5 lastly. It is down 6.71% since January 14, 2017 and is uptrending. It has underperformed by 9.99% the S&P500.

Analysts await Summit Midstream Partners, LP (NYSE:SMLP) to report earnings on February, 22. They expect $0.16 earnings per share, 0.00% or $0.00 from last year’s $0.16 per share. SMLP’s profit will be $11.93M for 35.16 P/E if the $0.16 EPS becomes a reality. After $1.22 actual earnings per share reported by Summit Midstream Partners, LP for the previous quarter, Wall Street now forecasts -86.89% negative EPS growth.

Ratings analysis reveals 50% of Summit Midstream Partners’s analysts are positive. Out of 2 Wall Street analysts rating Summit Midstream Partners, 1 give it “Buy”, 0 “Sell” rating, while 1 recommend “Hold”. SMLP was included in 2 notes of analysts from September 6, 2016. The rating was downgraded by Credit Suisse on Friday, January 27 to “Neutral”. RBC Capital Markets maintained Summit Midstream Partners, LP (NYSE:SMLP) rating on Tuesday, September 6. RBC Capital Markets has “Outperform” rating and $28.0 target.

Equity Financial Holdings Inc., a financial services company, through its subsidiary, Equity Financial Trust Company, provides alternative residential mortgage loans to non-prime and near-prime clients in Canada. The company has market cap of $98.11 million. It offers residential mortgage loans on single family homes through a network of independent mortgage brokers in Ontario. It has a 22.45 P/E ratio. The firm was formerly known as Grey Horse Corporation and changed its name to Equity Financial Holdings Inc. in December 2010.

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By1 Peter Mason







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