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.

Investment analysts gave a few price targets for HEP. The most optimistic analyst gave a price target of 40, which equates to a potential upside of 16.72 percent. The most pessimistic analyst gave a price target of 34, which equates to a potential downside of -0.79 percent. Note that investment analysts can be biased in their reporting on companies's ratings and price targets.

In the last 30 days, analysts have changed their quarterly earnings estimates downwards by an average of -2.08 percent. That number becomes -1.02 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 0.64 percent, compared to last month. 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. Over the past month, 0 analysts increased their quarterly estimates, which can be compared to the 2 analysts that decreased their estimates. 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.

Analysts estimate earnings of HEP to grow at a rate of 21.27 percent. The PEG ratio of a stock is another value frequently studied by investors. 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, although it is frequently more appropriate to compare PEG ratios to the company's peers. 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 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 stock has a market capitalization of $2.2 billion. HEP's next earnings release will be on 0000-00-00, which is days away.