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).
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.
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.