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, which equates to a potential upside 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.

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. 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. Over the past month, 0 analysts increased their quarterly estimates, which can be compared to the 0 analysts that decreased their estimates. Also over the last month, 0 analysts increased their estimates for the FY earnings, compared to 0 analysts that revised their FY estimates downwards.

The growth rate of GMLP's earnings is estimated by analysts to be -33.9 percent. It's possible to gain additional insight about growth valuation of a company by looking at the PEG ratio. A lower PEG ratio is favorable, because people typically see that as an indicator of higher growth relative to stock price. Many investors consider PEG ratios between 0 and 1 as preferrable, though it could be better to see where the ratio stands relative to peers in the industry. GMLP has a PEG ratio of -0.23.

GMLP has a 52-week high of 25.82 and a 52-week low of 17.72. The current market price is above the trailing year's low by 25.85 percent, 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 is estimated to release their earnings results for the quarter on 0000-00-00, days from today.