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, which equates to a potential upside of 16.72 percent. The most pessimistic price target was 34, implying potential capital losses of -0.79 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.

Analysts have revised their earnings estimates downwards for this quarter, by about -2.08 percent on average, compared to last month. The average change in earnings estimates over the last 90 days is -1.02 percent. Meanwhile, fiscal year estimates have been revised upwards by 0.64 percent, compared to last month. 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. 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. People on Wall Street often look at a company's 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 trailing 52-weeks, HEP hit 38.09 at the highest peak, while it's lowest trading point was 29.53. Currently the stock is 16.05 percent higher than its low, and 10.03 percent below the 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 is estimated to release their earnings results for the quarter on 0000-00-00, days from today.