Analyst Ratings for Holly Energy Partners L.P. (HEP)

Updated: 2017-07-27

Shares of Holly Energy Partners L.P. (NYSE:HEP) have received a consensus rating of Hold from Wall Street analysts. HEP had previously received a consensus rating of Hold a month ago.

9 analysts issued ratings on the stock, where 1 gave HEP a buy rating, 1 gave an overweight rating, 6 issued a hold rating, 1 gave an underweight rating, and 0 issued a sell rating. Over the past 90 days, the number of analysts that are bullish on the stock has decreased by 1. Over the same time period, there has been an increase of 1 in the number of analysts with a negative outlook on the stock.

Many analysts weighed in on price targets for HEP. The most optimistic price target was 40, which equates to a potential upside of 16.72 percent. The most pessimistic price target was 34, which equates to a potential downside of -0.79 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 downwards for this quarter, by about -2.08 percent on average, compared to last month. That number becomes -1.02 percent if we expand the time horizon to include the past 3 months instead of just one. On the other hand, earnings estimates for the fiscal year have been revised upwards by 0.64 percent, as compared to a month ago. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes -18.72 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 2 analysts made negative revisions. During this time, 0 analysts made positive revisions in their estimates for this fiscal year's earnings, while 2 analysts decreased their estimates.

The growth rate of HEP's earnings is estimated by analysts to be 21.27 percent. It's possible to gain additional insight about growth valuation of a company by looking at the PEG ratio. Smaller PEG ratios are desirable, as that can indicate whether the high price level of a stock is warranted by high growth. Many investors consider PEG ratios between 0 and 1 as preferrable, even though it may be more relevant to compare the ratio to that of a firm's competitors. The PEG ratio of HEP is 1.24.

HEP has a 52-week high of 38.09 and a 52-week low of 29.53. Currently the stock is 16.05 percent higher than its low, and 10.03 percent lower than its 52-week high. HEP has a P/E ratio of 26.45. Investors typically compare the P/E ratio to a company's peers in the industry. The HEP value stock report compares HEP to some of its peers using value stock charts. The market cap of HEP is $2.2 billion. HEP is estimated to release their earnings results for the quarter on 0000-00-00, days from today.