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, implying potential capital losses 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. 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 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, while 2 analysts made negative revisions to their fiscal year's estimates.

The growth rate of EQGP's earnings is estimated by analysts to be 15.26 percent. The PEG ratio of a stock is another value frequently studied by investors. Smaller PEG ratios are desirable, because that is often interpreted as the company being fairly priced relative to its growth rate. People often look for the PEG ratio to be under 1, although it is frequently more appropriate to compare PEG ratios to the company's peers. The PEG ratio of EQGP is 2.25.

EQGP has traded between a high of 31.76 and a low of 21.45 over the past year. Currently the stock is 34.55 percent higher than its low, and 9.13 percent below the high. 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 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.