Western Midstream (WES) stock closed slightly down, still outperforming S&P 500

From Nasdaq: 2025-01-24 18:15:22

Western Midstream (WES) closed at $42.35, a -0.19% change from the previous day, outperforming the S&P 500. The stock has climbed 8.74% in the past month, surpassing the sector and S&P 500. Investors await the upcoming earnings report projecting an EPS of $0.85 and revenue of $906.72 million.

Analysts suggest monitoring shifts in projections for Western Midstream, as estimate changes often reflect short-term business trends. The Zacks Rank system, with a current rank of #4 (Sell) for WES, correlates estimate changes with stock performance. WES holds a Forward P/E of 12.2, trading at a discount to the industry average of 23.32.

With a PEG ratio of 1.42, WES is positioned in the Oil and Gas – Refining and Marketing – Master Limited Partnerships industry, which has an average PEG ratio of 1.03. This industry ranks 59 out of 250+ industries, highlighting its strength. Investors can track stock-moving metrics on Zacks.com for informed decisions.

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Read more at Nasdaq: Western Midstream (WES) Stock Moves -0.19%: What You Should Know