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 maximum price target given was 40, implying a possible profit of 38.6 percent. The most pessimistic price target was 25, which equates to a potential downside of -13.37 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.

Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of 0 percent. That number becomes -4.77 percent if we expand the time horizon to include the past 3 months instead of just one. 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.

Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. 0 analysts have revised their quarterly estimates upwards in the past 30 days, while 0 analysts revised their estimates downwards. During this time, 0 analysts made positive revisions in their estimates for this fiscal year's earnings, 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. Wall Street investors typically prefer a PEG ratio to be smaller than 1, 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.

EQGP has a 52-week high of 31.76 and a 52-week low of 21.45. Today's price is 34.55 percent above the 52-week low, and below the high by 9.13 percent. EQGP has a price/earnings 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 will post this quarters earnings in days, on 0000-00-00.