Based on the Golden Ocean Group Ltd stock forecast from 2 analysts, the average analyst target price for Golden Ocean Group Ltd is USD 13.00 over the next 12 months. Golden Ocean Group Ltd’s average analyst rating is Hold . Stock Target Advisor’s own stock analysis of Golden Ocean Group Ltd is Slightly Bearish, which is based on 5 positive signals and 9 negative signals. At the last closing, Golden Ocean Group Ltd’s stock price was USD 9.01. Golden Ocean Group Ltd’s stock price has changed by +2.74% over the past week, -18.68% over the past month and -7.49% over the last year.
No recent analyst target price found for Golden Ocean Group Ltd
No recent average analyst rating found for Golden Ocean Group Ltd
Company Overview Golden Ocean Group Ltd
Golden Ocean Group Limited, a shipping company, owns and operates a fleet of dry bulk vessels worldwide. The company's dry bulk vessels comprise Newcastlemax, Capesize, and Panamax vessels operating in the spot and time charter markets. It also transports a range of bulk commodities, including ores, coal, grains, and fertilizers. As of March 20, 2024, the company owned a fleet of 83 dry bulk vessels. Golden Ocean Group Limited is based in Hamilton, Bermuda. Read Less
Golden Ocean Group Limited, a shipping company, owns and operates a fleet of dry bulk vessels worldwide. The company's dry bulk vessels comprise Newcastlemax, Capesize, and Panamax vessels operating in the spot and time charter markets. It also transports a range of bulk commodit...Read More
Frequently Asked Questions About Golden Ocean Group Ltd (GOGL) Stock
Based on ratings from 2 analysts Golden Ocean Group Ltd's stock is Hold . Stock Target Advisor's fundamental analysis is Slightly Bearish. The stock has buy, sell and 3 hold ratings.
GOGL stock's dividend yield is 11.05%.
Our analysis grades GOGL stock's dividend yield at F. This means that GOGL stock's dividend yield is above 57% of the stocks in the Marine Shipping sector in the NSD exchange.
Based on this GOGL may be a average dividend stock for its sector.
Based on targets from 2 analysts, the average taret price for GOGL is USD 13.00 over the next 12 months. The maximum analyst target price is USD 14.5 while the minimum anlayst target price is USD 12.
GOGL stock's Price/Earning ratio is 7.60.
Our analysis grades GOGL stock's Price / Earning ratio at F. This means that GOGL stock's Price/Earning ratio is above 71% of the stocks in the Marine Shipping sector in the NSD exchange.
Based on this GOGL may be a overvalued for its sector.
The last closing price of GOGL's stock was USD 9.01.
The most recent market capitalization for GOGL is USD 1.84B.
Based on targets from 2 analysts, the average taret price for GOGL is projected at USD 13.00 over the next 12 months.
This means that GOGL's stock price may go up by +44.28% over the next 12 months.
We can't find any ETFs which contains Golden Ocean Group Ltd's stock.
As per our most recent records Golden Ocean Group Ltd has 38 Employees.
Golden Ocean Group Ltd's registered address is 14 Par-la-Ville Road, Hamilton, Bermuda, HM 08.
You can get more information about it from Golden Ocean Group Ltd's website at https://www.goldenocean.bm.
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Stock Target Advisor's Analysis
This is a composite scorecard based on the application of evaluation criteria deemed most important by analysts. This is not a buy or sell recommendation.
What to like
Superior risk adjusted returns
This stock has performed well, on a risk adjusted basis, compared to its sector peers(for a hold period of at least 12 months) and is in the top quartile.
Positive cash flow
The company had positive total cash flow in the most recent four quarters.
Positive free cash flow
The company had positive total free cash flow in the most recent four quarters.
Superior total returns
The stock has outperformed its sector peers on average annual total returns basis in the past 5 years (for a hold period of at least 12 months) and is in the top quartile.
High market capitalization
This is one of the largest entities in its sector and is among the top quartile. Such companies tend to be more stable.
What not to like
Overpriced compared to book value
The stock is trading high compared to its peers median on a price to book value basis.
Overpriced compared to earnings
The stock is trading high compared to its peers on a price to earning basis and is above the sector median.
Below median dividend returns
The company’s average income yield over the past 5 years has been low compared to its peers. However, it is not a problem if you are not looking for income.
Overpriced on cashflow basis
The stock is trading high compared to its peers on a price to cash flow basis. It is priced above the median for its sectors. Proceed with caution if you are considering to buy.
Poor return on equity
The company management has delivered below median return on equity in the most recent 4 quarters compared to its peers.
Low Revenue Growth
This stock has shown below median revenue growth in the previous 5 years compared to its sector
Low Earnings Growth
This stock has shown below median earnings growth in the previous 5 years compared to its sector
Highly leveraged
The company is in the bottom half compared to its sector peers on debt to equity and is highly leveraged. However, do check the news and look at its sector and management statements. Sometimes this is high because the company is trying to grow aggressively.
Overpriced on free cash flow basis
The stock is trading high compared to its peers on a price to free cash flow basis. It is priced above the median for its sectors. Proceed with caution if you are considering to buy.
Frequently Asked Questions About Golden Ocean Group Ltd (GOGL) Stock
Based on ratings from 2 analysts Golden Ocean Group Ltd's stock is Hold . Stock Target Advisor's fundamental analysis is Slightly Bearish. The stock has buy, sell and 3 hold ratings.
GOGL stock's dividend yield is 11.05%.
Our analysis grades GOGL stock's dividend yield at F. This means that GOGL stock's dividend yield is above 57% of the stocks in the Marine Shipping sector in the NSD exchange.
Based on this GOGL may be a average dividend stock for its sector.
Based on targets from 2 analysts, the average taret price for GOGL is USD 13.00 over the next 12 months. The maximum analyst target price is USD 14.5 while the minimum anlayst target price is USD 12.
GOGL stock's Price/Earning ratio is 7.60.
Our analysis grades GOGL stock's Price / Earning ratio at F. This means that GOGL stock's Price/Earning ratio is above 71% of the stocks in the Marine Shipping sector in the NSD exchange.
Based on this GOGL may be a overvalued for its sector.
The last closing price of GOGL's stock was USD 9.01.
The most recent market capitalization for GOGL is USD 1.84B.
Based on targets from 2 analysts, the average taret price for GOGL is projected at USD 13.00 over the next 12 months.
This means that GOGL's stock price may go up by +44.28% over the next 12 months.
We can't find any ETFs which contains Golden Ocean Group Ltd's stock.
As per our most recent records Golden Ocean Group Ltd has 38 Employees.
Golden Ocean Group Ltd's registered address is 14 Par-la-Ville Road, Hamilton, Bermuda, HM 08.
You can get more information about it from Golden Ocean Group Ltd's website at https://www.goldenocean.bm.
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