Analysts’ Pre-1Q18 Estimates for Höegh LNG Partners


Nov. 20 2020, Updated 4:28 p.m. ET

Analysts’ recommendations

According to Reuters, the consensus rating for Höegh LNG Partners (HMLP) is 1.38, which means a “strong buy” on a scale of one (strong buy) to five (strong sell). Eight analysts have given recommendations on Höegh LNG Partners. All eight are bullish on the stock. Five have given it “strong buy” recommendations, and three have given it “buy” recommendations. No analysts have rated the company as a “hold,” a “sell,” or a “strong sell.”

Other LNG (liquefied natural gas) (UNG) carrier companies Teekay LNG Partners (TGP) and Golar LNG (GLNG) also don’t have any “sell” or “strong sell” recommendations.

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Target price

The consensus 12-month target price for Höegh LNG Partners is $21.51, which implies a potential upside of 20.5% from its price of $17.85 on April 16, 2018.

Earnings estimates

Wall Street analysts expect Höegh LNG Partners’ 1Q18 revenue to be $35.7 million, down from its 4Q17 revenue of $37.6 million and up from its 1Q17 revenue of $35.1 million. For 2Q18, analysts expect a 2.6% year-over-year rise in its revenue to $35.9 million.

Höegh LNG Partners’ revenue for 2018 is expected to be $155.1 million, 8.0% higher than the $143.5 million it reported in 2017. A further rise in its revenue is expected in 2019.

Since Höegh LNG Partners’ revenue is expected to rise, its EBITDA (earnings before interest, tax, depreciation, and amortization) is also expected to rise. Analysts expect its 2018 EBITDA to be $130 million—a rise of 13.3% from $114.8 million in 2017. In 2019, its EBITDA is expected to be $153 million.

Check out all the data we have added to our quote pages. Now you can get a valuation snapshot, earnings and revenue estimates, and historical data as well as dividend info. Take a look!


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