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 most optimistic price target was 36, implying potential capital gains of 61.43 percent. The most pessimistic analyst gave a price target of 19, implying a possible loss of -14.8 percent. Some investors take price targets and stock ratings with a grain of salt, knowing that some analysts can have indirect business with the stocks they cover.

Analysts have revised their earnings estimates upwards for this quarter, by about 0 percent on average, compared to last month. The average change in earnings estimates over the last 90 days is -4.38 percent. 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.

Another thing investors often look at is the level of agreement among analysts' revisions. Over the past month, 0 analysts increased their quarterly estimates, while 0 analysts made negative revisions. Also over the last month, 0 analysts increased their estimates for the FY earnings, while 0 analysts decreased their estimates.

The growth rate of GMLP's earnings is estimated by analysts to be -33.9 percent. People on Wall Street often look at a company's PEG ratio. Smaller PEG ratios are desirable, as that can indicate whether the high price level of a stock is warranted by high growth. Many investors consider PEG ratios between 0 and 1 as preferrable, 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. Currently the stock is 25.85 percent higher than its low, and 13.63 percent below the high. GMLP has a P/E 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's next earnings release will be on 0000-00-00, which is days away.