Analyst Ratings for EQT GP Holdings LP (EQGP)

Updated: 2017-07-26

Analysts covering EQT GP Holdings LP (NYSE:EQGP) have given it a consensus rating of Overweight. About 30 days ago, EQGP was issued an average rating of Overweight.

7 analysts declared EQGP a buy, 0 issued an overweight rating, 7 issued a hold rating, 0 gave an underweight rating, and 0 issued a sell rating. Compared to three months ago, there has been an decrease of 3 in the number of analysts with a positive outlook on the stock. 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 EQGP. The maximum price target given was 40, implying potential capital gains of 38.6 percent. The minimum price target given was 25, implying potential capital losses of -13.37 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. The average change in earnings estimates over the last 90 days is -4.77 percent. On the other hand, earnings estimates for the fiscal year have been revised upwards by 1.68 percent, as compared to a month ago. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes 3.53 percent.

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 2 analysts decreased their estimates.

Analysts estimate earnings of EQGP to grow at a rate of 15.26 percent. People on Wall Street often look at a company's 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, though it could be better to see where the ratio stands relative to peers in the industry. EQGP has a PEG ratio of 2.25.

In the trailing 52-weeks, EQGP hit 31.76 at the highest peak, while it's lowest trading point was 21.45. Today's price is 34.55 percent above the 52-week low, and 9.13 percent lower than its 52-week high. EQGP has a P/E ratio of 34.37. Investors typically compare the P/E ratio to a company's peers in the industry. The EQGP value stock report compares EQGP to some of its peers using value stock charts. The stock has a market capitalization of $7.46 billion. EQGP is estimated to release their earnings results for the quarter on 0000-00-00, days from today.