Hoegh LNG Partners (HMLP) Receives News Impact Score of 0.04
News headlines about Hoegh LNG Partners (NASDAQ:HMLP) have trended somewhat positive recently, according to Accern Sentiment Analysis. The research group scores the sentiment of press coverage by analyzing more than 20 million blog and news sources. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Hoegh LNG Partners earned a daily sentiment score of 0.04 on Accern’s scale. Accern also gave headlines about the shipping company an impact score of 47.9128915205188 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the immediate future.
These are some of the headlines that may have impacted Accern’s scoring:
- What Analysts Think about Hoegh LNG Partners (finance.yahoo.com)
- Head-To-Head Comparison: Hoegh LNG Partners (HMLP) and Nordic American Tankers Limited (NAT) (americanbankingnews.com)
- Hoegh LNG Partners LP (HMLP) Given Consensus Recommendation of “Hold” by Brokerages (americanbankingnews.com)
- Hoegh LNG Partners LP : 2017 Annual Meeting Results Notification (4-traders.com)
- Hoegh LNG Partners LP 2017 Annual Meeting Results Notification (finance.yahoo.com)
Several brokerages have recently weighed in on HMLP. Barclays PLC upgraded shares of Hoegh LNG Partners from an “equal weight” rating to an “overweight” rating and upped their target price for the company from $21.00 to $22.00 in a research note on Tuesday, July 18th. Zacks Investment Research upgraded shares of Hoegh LNG Partners from a “sell” rating to a “hold” rating in a research note on Tuesday, August 15th. TheStreet upgraded shares of Hoegh LNG Partners from a “d” rating to a “c+” rating in a research note on Monday, August 7th. BidaskClub downgraded shares of Hoegh LNG Partners from a “hold” rating to a “sell” rating in a research note on Saturday, August 5th. Finally, Citigroup Inc. upped their target price on shares of Hoegh LNG Partners from $21.00 to $22.00 and gave the company a “buy” rating in a research note on Friday, August 25th. Two investment analysts have rated the stock with a sell rating, one has assigned a hold rating and five have issued a buy rating to the company. Hoegh LNG Partners presently has an average rating of “Hold” and an average target price of $21.30.
Shares of Hoegh LNG Partners (HMLP) traded up 0.408% on Friday, hitting $18.475. 49,333 shares of the stock traded hands. The stock has a 50-day moving average price of $18.52 and a 200 day moving average price of $19.19. The stock has a market cap of $608.20 million and a price-to-earnings ratio of 9.074. Hoegh LNG Partners has a 12-month low of $17.05 and a 12-month high of $20.65.
Hoegh LNG Partners (NASDAQ:HMLP) last released its quarterly earnings results on Thursday, August 24th. The shipping company reported $0.32 EPS for the quarter, missing the Zacks’ consensus estimate of $0.40 by ($0.08). Hoegh LNG Partners had a net margin of 34.87% and a return on equity of 13.48%. The firm had revenue of $35.02 million during the quarter, compared to the consensus estimate of $31.94 million. On average, analysts anticipate that Hoegh LNG Partners will post $1.49 earnings per share for the current fiscal year.
Hoegh LNG Partners Company Profile
Hoegh LNG Partners LP owns, operates and acquires floating storage and regasification units (FSRUs), liquefied natural gas (LNG) carriers and other LNG infrastructure assets under long-term charters. The Company’s segments include Majority held FSRUs, Joint venture FSRUs and other. The Majority held FSRUs segment includes the direct financing lease related to the PT Perusahaan Gas Negara (Persero) Tbk (PGN) FSRU Lampung and the operating lease related to the Hoegh Gallant.
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