Hoegh LNG Partners LP is part of the industrials sector and is part of the transportation and logistics industry. The company CEO is Steffen Foreid. Hoegh LNG Partners LP owns and operates floating storage and regasification units FSRUs, under long-term charters, which it defines as charters of five or more years.
Previous Intraday Performance:
The HMLP shares had a previous change of 0.05% which opened at 18.40 and closed at 18.47. It moved to an intraday high of 18.70 and a low of 18.40.
Over the last five trading days, HMLP shares returned -1.86% and in the past 30 trading days it returned -2.89%. Over three months, it changed 5.87%. In one year it has changed 16.99% and within that year its 52-week high was 19.98 and its 52-week low was 14.50. HMLP stock is 27.41% above its 52 Week Low.
Our calculations result in a 200 day moving average of 17.14 and a 50 day moving average of 18.70. Right now, HMLP stock is trading 7.79% above its 200 day moving average.
The company has a market cap of $370.5m with 20.0m shares outstanding and a float of 20.0m shares. Trading volume was 30,115 shares and has experienced an average volume of 68,366 shares. Our calculation, using the current average volume and close price, leads me to believe that the liquidity is bad, highly speculative and an investor may want to avoid this stock.
The last annual reported EPS for Hoegh LNG Partners LP was 1.93 which ended on 31st of December 2018, which according to the previous close, that is a PE of 9.58. Based on 3 analyst estimates, the consensus EPS for the next quarter is 0.35. The trailing twelve month EPS is 1.83, which comes to a trailing twelve month PE of 10.10. Historically, the PE high was 62.30 and the PE low was 7.40. If the stock reached its PE low, that would represent a price of 13.53, which is a decrease of -26.73%.
The dividend per share is currently 1.76, which is a dividend yield of 9.53%. HMLP stock may not have sufficient earnings to cover future dividends and still be able to invest in and grow the business, therefore in the future the dividend may be reduced.
Base on our calculations, the intrinsic value per share is 23.16, which means it might be undervalued and has a margin of safety of 20.25%
The next earnings report will be: 05-29-2019
The growth of the EPS is critical in understanding the current valuation of Hoegh LNG Partners LP; the EPS growth rate, as it is usually called, is typically displayed as a percentage, which at this time is hard to estimate, but revenue growth has been 1.50% over the last twelve months.
Indicators Also to Watch:
Based on the latest filings, there is 36.80% of institutional ownership. Short-interest was 55,968, which was 0.28% of shares outstanding. The short-interest ratio or days-to-cover ratio was 0.66. This stock has some short interest, but it might be normal and no need to worry if long the position.
I calculated the beta to be 0.99
Based on last reported financials, the company’s return on assets is 6.41%, profit margin is 51.06%, price-to-sales is 3.36 and price-to-book is 1.18.
Company Score Card:
Results are out of six:
1 : Growth Expectations Result
2 : Financial Safety Result
5 : Past Performance Result
3 : Valuation Result
3 : Dividend Safety Result
2 : Overall Result