SEP stock: buy or sell?
December 14th, 2018
Spectra Energy Partners, LP operates as an investment arm of Spectra Energy Corp. Spectra Energy Partners, LP, through its subsidiaries, engages in the transportation of natural gas through interstate pipeline systems, and the storage of natural gas in underground facilities in the United States.
Should I buy SEP stock?You can't be a successful trader if you don't follow a methodolgy or system that assist you in choosing companies and the correct market timing. Following a trading strategy helps to make decisions easier, quicker and with less hesitations. At Stocks2.com, we like to use very simple but trusted and powerful trend following trading strategies. Simple things usually work the best.
None of our preferred buy setups matches with Spectra Energy Partners, LP stock situation right now, hence this is not a suitable entry point.
|New all-time high||No|
|New 52 week high||No|
|Price crossing up 200d MA||No|
|100d MA crossing up 200d MA||No|
Is Spectra Energy Partners, LP stock a buy?
Financial institutions and banks publish stock ratings everyday.Unfortunately, we couldn't detect any rating for SEP stock for the last 30 days.
SEP stock analysis
Spectra Energy Partners, LP shares decreased -1.20% to $35.40 .
Spectra Energy Partners, LP shares decreased -1.20% to $35.40 . When SEP stock price broke up the SMA200d line, it gained $1.25 (3.66%). , SMA100d and SMA200d crossed up triggering a rise of 0.74%.
Shares of Spectra Energy Partners, LP remained steady a tight -0.11% this week.
Having descending tops is not good news for investors in SEP. Although it's only a warning signal, investors should be on alert during next weeks to identify possible new signals. It's important SEP stock price keeps the level, and maybe bounce up from there forming a double bottom shape. Since late October 2018 when SEP stock price broke up the SMA40w line, it gained $1.44 (4.24%). Since early October 2018 when SMA20w and SMA40w crossed up, SEP price slipped $-1.10 per share (-3.01%).
SEP stock price history
SEP stock went public on June 18th, 2012 with a price of $20.311. Since then, SEP stock surged a 74.30%, with a yearly average of 10.60%. If you had invested $1,000 in SEP stock in 2012, it would worth $743.00 today.
1: Adjusted price after possible price splits or reverse-splits.
SEP stock historical price chart
SEP stock reached 52-week highs at $40.88, and all-time highs 2014-12-30 with a price of 46.53.
SEP stock price targetNobody can reliably foresee how stock prices may evolve in the future. However, many stock price predictions are published every day by banks, financial institutions and independent analysts. You should not follow the analysts' SEP stock price predictions in the hope that they will be met as they may be wrong and not met. For the last month we have not found any price prediction for Spectra Energy Partners, LP stock by any trusted analyst.
Financials and fundamental analysis
Earnings date and Earnings per ShareAfter presenting its last earnings report , Spectra Energy Partners, LP gained a slightly fine 2.85%. Unfortunately, reported EPS is not yet available in our database.
|Quarter||Reporting date||Estimated EPS||Actual EPS||Surprise|
Annual financial resultsCompared to 2016, last anual sales report draw a chilling correction of -23.02% to $1,950.00 M dollars. In the same way, its profit margin (compared to revenues) plummed to 31.23%, that is $609.00 million. To have an updated picture of the financial situation of Spectra Energy Partners, LP, we have calculated the trailing twelve month (TTM) sales and income figures. TTM values are the sum of the last 4 quarters and aproximate to an annual fiscal report ending in 2018-Q3 that can be compared to 2017 fiscal year results. Annual Spectra Energy Partners, LP TTM sales up to September 2018 were $1,983.00 and earnings were $658.00 million USD. When comparing this TTM figures with the last reported annuality, we can review Spectra Energy Partners, LP business evolution since December 2017: Annual sales up to September, compared to lastest yearly report, stepped up a slightly good 1.69%. Aligned with this, profit margin (net income/revenues) grew at 31.23%.
|2013||$1,970 M||-||$987 M50.1%||-|
|2014||$2,269 M||15.18%||$1,004 M44.2%||1.72%|
|2015||$2,455 M||8.20%||$1,225 M49.9%||22.01%|
|2016||$2,533 M||3.18%||$1,161 M45.8%||-5.22%|
|2017||$1,950 M||-23.02%||$609 M31.2%||-47.55%|
|TTM||$1,983 M||1.69%||$658 M33.2%||8.05%|
Quarterly financial resultsSpectra Energy Partners, LP reported $737.00 M in sales for 2018-Q3, a 9.67% improvement compared to previous quarter. Reported quarter income marked $366.00 M with a profit margin of 49.66%. Profit margin slipped a -7.04% compared to previous quarter when profit margin was 56.70%. When comparing sales to same quarter last year, Spectra Energy Partners, LP sales marked a remarkable growth and rose a 6.35%.
|2016-Q4||$663 M||-||$216 M32.6%||-|
|2017-Q1||$700 M||5.58%||$228 M32.6%||5.56%|
|2017-Q2||$695 M||-0.71%||$234 M33.7%||2.63%|
|2017-Q3||$693 M||-0.29%||$460 M66.4%||96.58%|
|2017-Q4||$-138 M||-119.91%||$-496 M359.4%||-207.83%|
|2018-Q1||$712 M||-615.94%||$407 M57.2%||-182.06%|
|2018-Q2||$672 M||-5.62%||$381 M56.7%||-6.39%|
|2018-Q3||$737 M||9.67%||$366 M49.7%||-3.94%|
Spectra Energy Partners, LP ownershipWhen you are planning to invest in shares of a company, it's always worth to check its ownership structure.
Spectra Energy Partners, LP shares owned by insiders (that is, founders, CEO, CTO, main executives or other management staff) currently counts a of all shares.
For a better context understanding, the next table shows ownership data compared to other related stocks:
|Market cap||$0.0 M|
|Total shares||0.0 M|
|Float shares||0.0 M|
|- Institutional holdings (%)||0.0%|
|- Insider holdings (%)||0.0%|
|Shares in short selling||0.0%|
|Friday, December 14th, 2018|
|Day range||$35.40 - $36.01|
|Average true range||$0.94|
|50d mov avg||$35.46|
|100d mov avg||$36.00|
|200d mov avg||$34.01|
Spectra Energy Partners, LP performanceTo better understand Spectra Energy Partners, LP performance you must compare its gains with other related stocks in same sector or industry. We picked as the bechmarking frame for Spectra Energy Partners, LP stock.