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.

HEP was given price targets by several analysts. The maximum price target given was 40, implying a possible profit of 16.72 percent. The minimum price target given was 34, implying potential capital losses of -0.79 percent. Note that investment analysts can be biased in their reporting on companies's ratings and price targets.

Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of -2.08 percent. This can be compared with the average change in earnings estimates over the past 3 months, which 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. If we look at the last 90 days instead, we find a net average change of -18.72 percent in FY estimates.

People are often interested in whether analysts were united in the direction of their revisions. Over the past month, 0 analysts increased their quarterly estimates, while 2 analysts revised their estimates downwards. Also over the last month, 0 analysts increased their estimates for the FY earnings, compared to 2 analysts that revised their FY estimates downwards.

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. A lower PEG ratio is favorable, as that can indicate whether the high price level of a stock is warranted by high growth. People often look for the PEG ratio to be under 1, though it could be better to see where the ratio stands relative to peers in the industry. The PEG ratio of HEP is 1.24.

In the last 52-weeks, HEP has achieved a high of 38.09 and a 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 price/earnings 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 will post this quarters earnings in days, on 0000-00-00.