Wall Street analysts expect GasLog Partners LP Unit (NYSE:GLOP) to report $90.33 million in sales for the current quarter, Zacks reports. Six analysts have provided estimates for GasLog Partners LP Unit’s earnings. The lowest sales estimate is $88.84 million and the highest is $93.40 million. GasLog Partners LP Unit reported sales of $76.93 million during the same quarter last year, which would suggest a positive year-over-year growth rate of 17.4%. The firm is scheduled to issue its next quarterly earnings results on Thursday, July 25th.

According to Zacks, analysts expect that GasLog Partners LP Unit will report full year sales of $370.18 million for the current financial year, with estimates ranging from $356.20 million to $391.57 million. For the next year, analysts anticipate that the business will post sales of $390.26 million, with estimates ranging from $366.00 million to $439.59 million. Zacks’ sales calculations are an average based on a survey of analysts that follow GasLog Partners LP Unit.

GasLog Partners LP Unit (NYSE:GLOP) last posted its quarterly earnings data on Thursday, April 25th. The shipping company reported $0.28 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.43 by ($0.15). The firm had revenue of $86.30 million for the quarter, compared to the consensus estimate of $86.83 million. GasLog Partners LP Unit had a return on equity of 11.11% and a net margin of 25.75%. The firm’s quarterly revenue was down 6.0% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.64 earnings per share.

A number of research analysts recently issued reports on GLOP shares. Morgan Stanley reiterated an “equal weight” rating and set a $18.00 price objective (down from $23.00) on shares of GasLog Partners LP Unit in a report on Wednesday, April 17th. Zacks Investment Research downgraded GasLog Partners LP Unit from a “hold” rating to a “strong sell” rating in a research note on Tuesday, April 2nd. Five analysts have rated the stock with a hold rating and two have given a buy rating to the stock. GasLog Partners LP Unit presently has a consensus rating of “Hold” and a consensus target price of $26.33.

Shares of NYSE:GLOP traded up $0.16 during mid-day trading on Friday, reaching $21.09. 87,996 shares of the stock were exchanged, compared to its average volume of 133,043. The company has a debt-to-equity ratio of 1.39, a quick ratio of 1.08 and a current ratio of 1.12. The company has a market cap of $864.69 million, a PE ratio of 11.98 and a beta of 1.07. GasLog Partners LP Unit has a one year low of $17.97 and a one year high of $25.99.

A number of hedge funds have recently bought and sold shares of the business. FMR LLC boosted its stake in shares of GasLog Partners LP Unit by 1.5% during the 1st quarter. FMR LLC now owns 4,535,378 shares of the shipping company’s stock worth $102,636,000 after acquiring an additional 66,099 shares during the period. Altshuler Shaham Ltd lifted its holdings in GasLog Partners LP Unit by 14.5% during the 1st quarter. Altshuler Shaham Ltd now owns 75,687 shares of the shipping company’s stock worth $1,713,000 after purchasing an additional 9,600 shares during the last quarter. Burney Co. acquired a new stake in GasLog Partners LP Unit during the 1st quarter worth approximately $204,000. OppenheimerFunds Inc. lifted its holdings in GasLog Partners LP Unit by 0.3% during the 1st quarter. OppenheimerFunds Inc. now owns 2,449,923 shares of the shipping company’s stock worth $55,442,000 after purchasing an additional 7,384 shares during the last quarter. Finally, BlackRock Inc. acquired a new stake in GasLog Partners LP Unit during the 1st quarter worth approximately $58,000. Hedge funds and other institutional investors own 43.52% of the company’s stock.

About GasLog Partners LP Unit

GasLog Partners LP owns, operates, and acquires liquefied natural gas (LNG) carriers under multi-year charters. As of February 26, 2019, its fleet consists of 14 LNG carriers with an average carrying capacity of approximately 157,000 cubic meters. The company was founded in 2014 and is based in Monaco.

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