Analyst Ratings for Golar LNG Partners LP (GMLP)

Updated: 2017-07-28

An average rating of Overweight has been given to Golar LNG Partners LP (NASDAQ:GMLP) by analysts covering the stock. A consensus rating of Overweight was previously issued for GMLP last month.

3 analysts declared GMLP a buy, 1 issued an overweight rating, 4 gave a hold rating, 0 issued an underweight rating, and 0 issued a sell rating. Today, there are 0 more analysts optimistic about the company future as compared with 90 days ago. Over the same time period, there has been an increase of 0 in the number of analysts with a negative outlook on the stock.

Many analysts weighed in on price targets for GMLP. The maximum price target given was 36, implying potential capital gains of 61.43 percent. The most pessimistic price target was 19, implying a possible loss of -14.8 percent. One must be careful with overanalyzing price targets and ratings due to possible conflicts of interest among the analysts releasing them.

Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of 0 percent. That number becomes -4.38 percent if we expand the time horizon to include the past 3 months instead of just one. Meanwhile, fiscal year estimates have been revised downwards by -3.22 percent, compared to last month. If we look at the last 90 days instead, we find a net average change of -14.43 percent in FY estimates.

Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. 0 analysts made positive revisions to their quarterly estimates over the past month, while 0 analysts revised their estimates downwards. During this time, 0 analysts made positive revisions in their estimates for this fiscal year's earnings, while 0 analysts made negative revisions to their fiscal year's estimates.

GMLP has an estimated earnings growth rate of -33.9 percent as forecasted by analysts. It's possible to gain additional insight about growth valuation of a company by looking at the PEG ratio. Smaller PEG ratios are desirable, because people typically see that as an indicator of higher growth relative to stock price. PEG ratios below 1 are often considered desirable, but many choose to perform ratio comparisons with other companies in the industry. The PEG ratio of GMLP is -0.23.

In the last 52-weeks, GMLP has achieved a high of 25.82 and a low of 17.72. Currently the stock is 25.85 percent higher than its low, and 13.63 percent below the high. GMLP has a price/earnings ratio of 7.82. Investors typically compare the P/E ratio to a company's peers in the industry. The GMLP value stock report compares GMLP to some of its peers using value stock charts. The market cap of GMLP is $1.56 billion. GMLP is estimated to release their earnings results for the quarter on 0000-00-00, days from today.