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 highest price target was 40, implying potential capital gains of 16.72 percent. The most pessimistic analyst gave a price target of 34, which equates to a potential downside of -0.79 percent. Many analysts are not unbiased in their coverage of stocks, including price targets and stock ratings, so care must be taken in interpreting numbers released by them.

Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of -2.08 percent. The average change in earnings estimates over the last 90 days is -1.02 percent. 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.

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 2 analysts that decreased their estimates. Also over the last month, 0 analysts increased their estimates for the FY earnings, while 2 analysts made negative revisions to their fiscal year's estimates.

The growth rate of HEP's earnings is estimated by analysts to be 21.27 percent. Another measure frequently examined by investors is the PEG ratio. Smaller PEG ratios are desirable, 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. HEP has a PEG ratio of 1.24.

In the last 52-weeks, HEP has achieved a high of 38.09 and a low of 29.53. Today's price is 16.05 percent above the 52-week 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.