Holly Energy Partners L.P. (NYSE:HEP) went down by -1.84% during the previous trading session, and it is maintaining the win ahead of Monday’s trading session. The share price of the Oil & Gas Midstream giant went up by $16.53 to trade ended Monday trading at $16.84. This is down from the $16.84 price recorded on Friday’s trading session. Thanks to this latest performance, HEP is closer to the higher price 52-week target of $23.00 and further from the lowest price target of $14.00. Its performance from the start of the year has also been negative, with HEP down by -25.37% year-to-date.
Holly Energy Partners L.P. (HEP) started the day trading at $16.89 and recorded an intraday high of $16.91. It also recorded an intraday low of $16.25 during Monday’s trading session. Holly Energy Partners L.P. is a very active stock that recorded a trading volume that is less than -87.09% of the average daily trading volume on Monday. The stock’s trading volume on Monday was 441033, which is less than -87.09 of the total average daily trading volume of 825.12K.
Holly Energy Partners L.P. (NYSE:HEP) 2020 Performance Impressive
The increase in HEP’s stock price on Monday saw its overall performance boost over the past few months. We can quantify the performance of the stock so far this year using a few metrics. The 52-week high price of HEP currently stands at $30.61, which is higher than the current trading price of the stock by 46.0%. However, HEP’s current trading price is -151.6% lower than the 52-week low price of $6.57. In terms of trading volume, Holly Energy Partners L.P. currently experienced healthy participation during the last trading session. 441033 shares of Holly Energy Partners L.P. were traded on the stock exchange on Monday, which is less than -87.09% of the 825.12K average trading volume of the stock.
The performance of the stock has been positive over the past year. HEP’s performance over the past one year has seen it plunge by -38.98%, while the stock has gone down by -27.44% in the last six months. The quarterly performance of HEP currently stands at 44.24%, and it is up by 5.35% in the last month. The only negative figure was from the weekly performance, which currently reads -1.90%. At the time of writing HEP’s report, the company has a total market cap of $1.78B, making it one of the largest publicly-traded companies in the world.
HEP Insider Activities
For Holly Energy Partners L.P., insiders hold 38.40% of all company shares. The insider transactions over the past six months are down by 0.00%. During that period, insiders bought 18,718 shares in 4 transactions. In that same period, insiders sold 3,421 of their shares in 2 transactions. After these transactions, insiders at Holly Energy Partners L.P. now hold 59.77M shares, which is over 37.73% of the total company stocks. Institutional investors currently hold a large chunk of the HEP shares, as they control 56.69% of the company’s total stock.
HEP Fundamental Analysis
For Holly Energy Partners L.P., the stock’s diluted earnings per share (EPS) stands at 1.88. In the coming year, analysts expect the EPS to be 1.85. The EPS growth will slow down over the next five years to -1.85% after surging by 12.00% in the previous five years. In terms of revenue, Holly Energy Partners L.P.’s quarterly sales (YOY) is growing at 0.28, which is lower than the average annual revenue of 12.00% over the past half a decade.
The Return on Investment (ROI) on Holly Energy Partners L.P.’s stock currently stands at 15.60%, and it has a net profit margin of 37.70%. The operating margin of the company is 51.10%, and its gross margin is 69.70%.
HEP Analysts Prediction
The Barclays has a Equal Weight rating for Holly Energy Partners L.P., predicting the stock price to stay between $13 and $14. Jefferies reiterate their Buy position on the stock ($23 and $17)
HEP received a positive rating from Credit Suisse, which set a price target of $31-$24 for the stock.
At the moment, Holly Energy Partners L.P.’s Total Debt to Equity ratio stands at 4.66, and they have a long-term Debt to Equity ratio of 4.65.
HEP Technical Analysis
The Simple Moving Average (SMA) is one of the most powerful technical indicators. The 20-day Simple Moving Average of HEP currently stands at 0.87%, while the SMA50 is 11.20%. The biggest one is the SMA200, which is currently reading -16.97% ahead of Monday’s trading session. The Relative Strength Index of this stock is 54.56, while its price to earnings ratio (P/E) is 8.78.
