Published On: Mon, May 9th, 2016
Uncategorized | By Sylvia Delisle

American Midstream Partners, LP (NASDAQ:AMID) To Release Earnings

Analysts await American Midstream Partners, LP (NASDAQ:AMID) to report earnings on May, 09 for the fiscal quarter ending Mar 2016.

They expect $0.18 EPS, up 205.56% or $0.37 from last year’s $-0.19 per share.

At the moment 6 analysts are watching American Midstream Partners, LP (NASDAQ:AMID), 1 rate it “Buy”, 0 “Outperform”, 4 “Underperform”, 1 “Sell”, while 0 “Hold”.

Looking forward, for the quarter ending Jun-16, 3 analysts have a mean sales target of 66.65 million. For the quarter ending Sep-16, 3 analysts have a mean sales target of 69.25 million whilst for the year ending Dec-16, 4 analysts have a mean target of 263.92 million.

In terms of earnings per share, 6 analysts have a 0.24 EPS mean target for the quarter ending Jun-16, for the quarter ending Sep-16, 6 analysts have a 0.28 EPS mean target and for the quarter ending Sep-16 there are 6 estimates of 1.01 EPS.

The biggest institutional shareholders in American Midstream Partners, LP include Energy Spectrum Capital LP which owns 5 million shares in the company valued at $43.69 million. ArcLight Capital Holdings, LLC is the second biggest holder with 4 million shares currently valued at 29.36 million whilst Neuberger Berman LLC has 3 million shares valued at 26.78 million.

Total shares held by institutions as of the most recent company filings are 24,260,665 with a reported 1,573,177 bought and 3,351,060 sold. These holdings make up 78.55% of the company’s outstanding shares.

Currently insiders hold — shares in the business which makes up — of shares. The biggest holder currently is Lynn L. Bourdon,III who owns 84,021 shares (0.27% of those outstanding), whilst Mr. Michael D. Suder holds 70,210 (0.23% of shares outstanding) and Mr. Brian F. Bierbach holds 61,805 (0.20% of shares outstanding).

The stock increased 1.11% or $0.13 during the last trading session, hitting $11.81. American Midstream Partners, LP (NASDAQ:AMID) has risen 19.9% over the past 6 months and is uptrending.

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