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.

Many analysts weighed in on price targets for EQGP. The most optimistic price target was 40, implying potential capital gains of 38.6 percent. The lowest price target was 25, which equates to a potential downside of -13.37 percent. Note that investment analysts can be biased in their reporting on companies's ratings and price targets.

In the last 30 days, analysts have changed their quarterly earnings estimates upwards by an average of 0 percent. The average change in earnings estimates over the last 90 days is -4.77 percent. Meanwhile, fiscal year estimates have been revised upwards by 1.68 percent, compared to last month. If we look at the last 90 days instead, we find a net average change of 3.53 percent in FY estimates.

People are often interested in whether analysts were united in the direction of their revisions. 0 analysts have revised their quarterly estimates upwards in the past 30 days, which can be compared to the 0 analysts that decreased their estimates. Over the same time period, 0 analysts revised their FY earnings estimates upwards, compared to 2 analysts that revised their FY estimates downwards.

EQGP has an estimated earnings growth rate of 15.26 percent as forecasted by analysts. People on Wall Street often look at a company's PEG ratio. Investors like to see smaller values for the PEG ratio, because that is often interpreted as the company being fairly priced relative to its growth rate. 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. The PEG ratio of EQGP is 2.25.

In the last 52-weeks, EQGP has achieved a high of 31.76 and a low of 21.45. The current market price is above the trailing year's low by 34.55 percent, 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 market cap of EQGP is $7.46 billion. EQGP is estimated to release their earnings results for the quarter on 0000-00-00, days from today.