GLNG Stock News GOLAR LNG LTDSHS Stock Price Today Analyst Opinions

Style is an investment factor that has a meaningful impact on investment risk and returns. Style is calculated by combining value and growth scores, which are first individually calculated. The industry with the best average Zacks Rank would be considered the top industry , which would place it in the top 1% of Zacks Ranked Industries. The industry with the worst average Zacks Rank would place in the bottom 1%. An industry with a larger percentage of Zacks Rank #1’s and #2’s will have a better average Zacks Rank than one with a larger percentage of Zacks Rank #4’s and #5’s. Take your analysis to the next level with our full suite of features, known and used by millions throughout the trading world.

Historical valuations generally do not reflect a company’s current market value. Value investors frequently look for companies that have low price/book ratios. Golar LNG Ltd is a midstream LNG company operates in the transportation, regasification, liquefaction, and trading of LNG.

• GLNG’s equity multiplier — a measure of assets relative to shareholders’equity — is greater than that of merely 4.36% of US stocks.
• We provide a platform for our authors to report on investments fairly, accurately, and from the investor’s point of view.
• The dark blue line represents the company’s actual price.
• Jefferies, on the other hand, stated in their research note that they expect to see GLNG reach a price target of $27.

Oracle’s fiscal third-auditor insights: day-to-day operations of internal audit 2023 performance is expected to have benefited from continued momentum in the cloud infrastructure services and Autonomous Database solutions. 52 week low is the lowest price of a stock in the past 52 weeks, or one year. 52 week high is the highest price of a stock in the past 52 weeks, or one year. Data are provided ‘as is’ for informational purposes only and are not intended for trading purposes.

GLNG Overview

Golar LNG third-quarter 2022 revenues are expected to have declined year over year. Golar’s streamlined focus on FLNG positions the company to take advantage of the most profitable segment of the LNG value chain. The recently announced Hilli transaction, the upcoming commencement of … Measures how much net income or profit is generated as a percentage of revenue.

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Golar LNG (NASDAQ:GLNG) Share Prices Have Dropped 63% In The Last Five Years

© 2023 https://1investing.in/ data provided is at least 10-minutes delayed and hosted by Barchart Solutions. Information is provided ‘as-is’ and solely for informational purposes, not for trading purposes or advice, and is delayed. To see all exchange delays and terms of use please see Barchart’s disclaimer. The company is scheduled to release its next quarterly earnings announcement on Thursday, May 25th 2023. Why investors should use the Zacks Earnings ESP tool to help find stocks that are poised to top quarterly earnings estimates.

The Price-to-Earnings (or P/E) ratio is a commonly used tool for valuing a company. It’s calculated by dividing the current share price by the earnings per share . It can also be calculated by dividing the company’s Market Cap by the Net Profit.

MarketBeat has tracked 5 news articles for Golar LNG this week, compared to 2 articles on an average week. MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation. Golar LNG Limited (“Golar”) announces today that it has sold around 8 million shares in Cool Company Ltd. (“CoolCo”) raising net proceeds of approximately $100 million. Golar LNG is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season. New Fortress Energy Inc. said Wednesday it has agreed to acquire Hygo Energy Transition Ltd. and Global LNG Partners LP in a combined deal valued at $5 billion. The deal will make New Fortress the leading gas-to-power co…

Financial Performance

Their GLNG share price forecasts range from $29.00 to $35.50. On average, they predict the company’s share price to reach $32.50 in the next twelve months. This suggests a possible upside of 48.7% from the stock’s current price. View analysts price targets for GLNG or view top-rated stocks among Wall Street analysts.

Following the earnings report the stock price went up 0.928%. Short-term and long-term GLNG stock price predictions may be different due to the different analyzed time series. “GLNG” stock predictions are updated every 5 minutes with latest exchange prices by smart technical market analysis. Brokerage services for alternative assets available on Public are offered by Dalmore Group, LLC (“Dalmore”), member of FINRA & SIPC. “Alternative assets,” as the term is used at Public, are equity securities that have been issued pursuant to Regulation A of the Securities Act of (“Regulation A”). These investments are speculative, involve substantial risks , and are not FDIC or SIPC insured.

Forecast breakeven date pushed back to 2022

Over the last 50 days, in opposition, the stock is trading -4.37% lower at present. GLNG’s current price/earnings ratio is 2.87, which is higher than merely 4.48% of US stocks with positive earnings. See GLNG stock price and Buy/Sell Golar LNG. Discuss news and analysts’ price predictions with the investor community.

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• Overall, this stock passed 14/38 due dilligence checks and has average fundamentals, according to our automated analysis.
• Analysts like Golar LNG more than other Transportation companies.
• The average twelve-month price prediction for Golar LNG is $32.50 with a high price target of $35.50 and a low price target of $29.00.
• The monthly returns are then compounded to arrive at the annual return.
• This is a lower news sentiment than the 0.43 average news sentiment score of Transportation companies.

Please see Open to the Public Investing’s Fee Schedule to learn more. Exchanges report short interest twice a month.Percent of FloatTotal short positions relative to the number of shares available to trade. 2 employees have rated Golar LNG Chief Executive Officer Graham Robjohns on Glassdoor.com.

Its specialists are interested in stocks that have been undervalued by different reasons. They are trying to find them, count their potential and bring them to their clients. To see all exchange delays and terms of use, please see disclaimer. Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions. Over the past 37 months, GLNG’s revenue has gone up $21,161,000.The table below shows GLNG’s growth in key financial areas . GLNG’s price/sales ratio has moved up 4.4 over the prior 240 months.

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Golar LNG has a short interest ratio (“days to cover”) of 2.3, which is generally considered an acceptable ratio of short interest to trading volume. Other market data may be delayed by 15 minutes or more. Represents the company’s profit divided by the outstanding shares of its common stock. After a stumble in the market that brought GLNG to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -31.37% of loss for the given period. Reuters, the news and media division of Thomson Reuters, is the world’s largest multimedia news provider, reaching billions of people worldwide every day.

Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green. The company is primarily involved in transportation and regasification of LNG and the liquefaction of natural gas. It focuses on acquisition, ownership, operation and chartering of LNG carriers and FSRUs.

JSI and Jiko Bank are not affiliated with Public Holdings, Inc. (“Public”) or any of its subsidiaries. None of these entities provide legal, tax, or accounting advice. You should consult your legal, tax, or financial advisors before making any financial decisions. This material is not intended as a recommendation, offer, or solicitation to purchase or sell securities, open a brokerage account, or engage in any investment strategy.