For HMLP, its debt to operating expenses ratio is greater than that reported by 95.03% of US equities we're observing.
Revenue growth over the past 12 months for Hoegh LNG Partners LP comes in at 153.09%, a number that bests 96.09% of the US stocks we're tracking.
Hoegh LNG Partners LP's shareholder yield -- a measure of how much capital is returned to stockholders via dividends and buybacks -- is 20.94%, greater than the shareholder yield of 88.43% of stocks in our set.
If you're looking for stocks that are quantitatively similar to Hoegh LNG Partners LP, a group of peers worth examining would be ARL, TCI, LMRK, UAN, and CWEN.
Hoegh LNG Partners LP Common Units representing Limited Partner Interests (HMLP) Company Bio
Hoegh LNG Partners LP focuses on owning, operating, and acquiring floating storage and regasification units, liquefied natural gas carriers, and other LNG infrastructure assets under long-term charters. The company was founded in 2014 and is based in Hamilton, Bermuda.
HMLP Price Forecast Based on DCF Valuation
DCF Fair Value Target:
We started the process of determining a valid price forecast for Hoegh LNG Partners LP with a discounted cash flow analysis -- the results of which can be found in the table below. To summarize, we found that Hoegh LNG Partners LP ranked in the 77th percentile in terms of potential gain offered. More precisely, our analysis suggests the stock is undervalued by approximately 418.5% on a DCF basis. The most interesting components of our discounted cash flow analysis for Hoegh LNG Partners LP ended up being:
45% of the company's capital comes from equity, which is greater than merely 23.4% of stocks in our cash flow based forecasting set.
Hoegh LNG Partners LP's weighted average cost of capital (WACC) is 7%; for context, that number is higher than only 5.9% of tickers in our DCF set.
The company's cost of debt, derived from its interest coverage, tax rate, and market capitalization, is greater than only 24.59% of stocks in its sector (Energy).
Terminal Growth Rate in Free Cash Flow
Return Relative to Current Share Price
For other companies in the Energy that have a similar discounted cashflow valuation profile (and ensuing price forecasts) as HMLP, try IMO, HESM, CLNE, PAA, and REGI.
Höegh LNG Partners LP (the "Partnership") (NYSE: HMLP) announced today that its board of directors (the "Board") has declared a quarterly cash distribution with respect to the quarter ended June 30, 2020 of $0.44 per unit for the common units. The distribution corresponds to an annualized distribution of $1.76 per unit.
Höegh LNG Partners LP (the "Partnership") (NYSE: HMLP) advises that its 2020 Annual Meeting will be held on September 3, 2020. The record date for voting at the Annual Meeting, at which a member of the Board of Directors of the Partnership will be elected, is set to July 30, 2020. The notice, agenda and associated material will be distributed prior to the meeting. The 2020 Annual Meeting will be held at Appleby, Canon's Court, 22 Victoria Street, Hamilton, HM12, Bermuda at 12 noon local time.
In this article you are going to find out whether hedge funds think Hoegh LNG Partners LP (NYSE:HMLP) is a good investment right now. We like to check what the smart money thinks first before doing extensive research on a given stock. Although there have been several high profile failed hedge fund picks, the consensus […]