The leading market experts have placed a mean price target of $19.62 on Golar LNG Partners LP (NASDAQ:GMLP) stock. This price level, which is estimated to be attained in one-year, indicates the mean of stock opinions given by the companies included in the First Call survey. The renowned research firms have predicted earnings of $0.73 a share for the upcoming quarter and $2.52 for the current fiscal.
The technical analysis of Golar LNG Partners LP plainly substantiates that the 50-day moving average of Golar LNG Partners LP is $18.49, and stock is trading $0.71 points away or +3.83% from its 50-day moving average of $18.49. Further it is trading $2.73 or +16.58% away its 200-day moving average of $16.47. Golar LNG Partners LP (NASDAQ:GMLP) 52-week high is $21.61 and the 52-week low is $7.55.
This explains if the stock moves $-2.41, it will post a 52-week high. In event of +154.30% decline, a 52-week low will be hit.
Taking the valuation aspect to emphasize the valuation of Golar LNG Partners LP, shareholders can apply financial tool known as price-to-earnings ratio. This financial ratio assesses stock’s valuation by considering the relative expense of the stock. Following this ratio, Golar LNG Partners LP (NASDAQ:GMLP) ratio came in at 8.16.
The stock last ended the trading session at $19.20 and registered a market cap of $1.20B. To appraise firm’s growth, the shareholders take help of the Price-to-Earnings-Growth ratio. When a stock has a higher PEG ratio, it is suggestive of lower stock appreciation in approaching sessions. A stock comes in the group of undervalued stocks when its PEG ratio falls in between 0 and 1. Golar LNG Partners LP (NASDAQ:GMLP) PEG ratio is at 0.92.
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