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.

Investment analysts gave a few price targets for GMLP. The maximum price target given was 36, implying potential capital gains of 61.43 percent. The minimum price target given was 19, which equates to a potential downside of -14.8 percent. It is advisable to not rely only on price targets or ratings, as these can be biased for some stocks.

Analysts have revised their earnings estimates upwards for this quarter, by about 0 percent on average, compared to last month. That number becomes -4.38 percent if we expand the time horizon to include the past 3 months instead of just one. Over the past 30 days, FY earnings estimates have also changed downwards by -3.22 percent. If we look at the last 90 days instead, we find a net average change of -14.43 percent in FY estimates.

People are often interested in whether analysts were united in the direction of their revisions. Over the past month, 0 analysts increased their quarterly estimates, while 0 analysts revised their estimates downwards. Also over the last month, 0 analysts increased their estimates for the FY earnings, while 0 analysts made negative revisions to their fiscal year's estimates.

The growth rate of GMLP's earnings is estimated by analysts to be -33.9 percent. Another measure frequently examined by investors is the PEG ratio. A lower PEG ratio is favorable, as that can indicate whether the high price level of a stock is warranted by high growth. PEG ratios below 1 are often considered desirable, although it is frequently more appropriate to compare PEG ratios to the company's peers. The PEG ratio of GMLP is -0.23.

GMLP has traded between a high of 25.82 and a low of 17.72 over the past year. Today's price is 25.85 percent above the 52-week 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 stock has a market capitalization of $1.56 billion. GMLP's next earnings release will be on 0000-00-00, which is days away.