uploads/2018/01/GMLP.jpg

Golar LNG Partners Compared to Its Peers

By

Updated

Consensus ratings

According to Reuters, 11 analysts gave recommendations for Golar LNG Partners (GMLP). The consensus rating on the stock is 2.09, which means a “buy.”

Below are the consensus ratings for other LNG (liquefied natural gas) (UNG) carrier companies. The ratings are on a scale of one (strong buy) to five (strong sell).

  • Golar LNG (GLNG) – 1.5, which means a “strong buy”
  • Teekay LNG Partners (TGP) – 2.4, which means a “buy”
  • Höegh LNG Partners (HMLP) – 1.44, which means a “strong buy”
  • Dynagas LNG Partners (DLNG) – 2.5, which means a “buy”
Article continues below advertisement

Consensus recommendation

Of the 11 analysts covering Golar LNG Partners, four gave it a “strong buy” recommendation, while two gave it a “buy” recommendation. The other five analysts are recommending a “hold.” None of the analysts recommended a “sell” or “strong sell” for Golar LNG Partners.

Target price

Golar LNG Partners’ consensus 12-month target price is $23.88. Based on the market price on January 19, 2018, the target price implies a potential upside of 4.1%.

Revenue and earnings estimate

Wall Street analysts expect Golar LNG Partners’ 4Q17 revenue to be $89.75 million—compared to $105.6 million in 3Q17 and $114.9 million in 4Q16. The revenue for 2017 is estimated to be $433.6 million, which is 1.8% lower than $441.6 million in 2016. In 2018, the revenue is expected to be $384 million.

Golar LNG Partners’ EBITDA (earnings before interest, tax, depreciation, and amortization) is expected to drop to $69.7 million in 4Q17 from $79.6 million in 3Q17. The EBITDA for 2017 is estimated at $341.4 million—compared to $367.1 million in 2016. The EBITDA in 2018 is estimated at $296 million.

Advertisement

More From Market Realist