In the latest trading session, EnLink Midstream (ENLC) closed at $8.93, marking a -0.78% move from the previous day. This move was narrower than the S&P 500's daily loss of 2.11%. Meanwhile, the Dow lost 1.54%, and the Nasdaq, a tech-heavy index, lost 0.3%.Prior to today's trading, shares of the natural gas company had lost 11.42% over the past month. This has was narrower than the Oils-Energy sector's loss of 11.61% and lagged the S&P 500's loss of 8.19% in that time.Wall Street will be looking for positivity from EnLink Midstream as it approaches its next earnings report date. Our most recent consensus estimate is calling for quarterly revenue of $1.87 billion, up 4.39% from the year-ago period.Looking at the full year, our Zacks Consensus Estimates suggest analysts are expecting earnings of $0.43 per share and revenue of $8.75 billion. These totals would mark changes of +760% and +30.95%, respectively, from last year.Any recent changes to analyst estimates for EnLink Midstream should also be noted by investors. These recent revisions tend to reflect the evolving nature of short-term business trends. As such, positive estimate revisions reflect analyst optimism about the company's business and profitability.Based on our research, we believe these estimate revisions are directly related to near-team stock moves. To benefit from this, we have developed the Zacks Rank, a proprietary model which takes these estimate changes into account and provides an actionable rating system.The Zacks Rank system ranges from #1 (Strong Buy) to #5 (Strong Sell). It has a remarkable, outside-audited track record of success, with #1 stocks delivering an average annual return of +25% since 1988. Within the past 30 days, our consensus EPS projection has moved 5.37% higher. EnLink Midstream currently has a Zacks Rank of #1 (Strong Buy).In terms of valuation, EnLink Midstream is currently trading at a Forward P/E ratio of 20.83. Its industry sports an average Forward P/E of 5.03, so we one might conclude that EnLink Midstream is trading at a premium comparatively.The Oil and Gas - Refining and Marketing industry is part of the Oils-Energy sector. This industry currently has a Zacks Industry Rank of 10, which puts it in the top 4% of all 250+ industries.The Zacks Industry Rank gauges the strength of our industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.Be sure to follow all of these stock-moving metrics, and many more, on Zacks.com. FREE Report: The Metaverse is Exploding! Don’t You Want to Cash In? Rising gas prices. The war in Ukraine. America's recession. Inflation. It's no wonder why the metaverse is so popular and growing every day. Becoming Spider Man and fighting Darth Vader is infinitely more appealing than spending over $5 per gallon at the pump. And that appeal is why the metaverse can provide such massive gains for investors. But do you know where to look? Do you know which metaverse stocks to buy and which to avoid? In a new FREE report from Zacks' leading stock specialist, we reveal how you could profit from the internet’s next evolution. Even though the popularity of the metaverse is spreading like wildfire, investors like you can still get in on the ground floor and cash in. Don't miss your chance to get your piece of this innovative $30 trillion opportunity - FREE.>>Yes, I want to know the top metaverse stocks for 2022>>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report EnLink Midstream, LLC (ENLC): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research