Golden Ocean Group Limited (NASDAQ:GOGL) belonging to the Transportation sector has surged 5.8% and closed its last trading session at $6.02.
The company reported its EPS on 11/22/2016. Currently, the stock has a 1 Year Price Target of $4.87.
The consensus recommendation, according to Zacks Investment research, is 4.65. The scale runs from 1 to 5 with 1 recommending Strong Buy and 5 recommending a Strong Sell. The Stock had a 3.43 Consensus Analyst Recommendation 30 Days Ago, whereas 60 days ago and 90 days ago the analyst recommendations were 3.43 and 3.43 respectively.
Golden Ocean Group Limited on 11/22/2016 reported its EPS as $-0.25 with the analysts projecting the EPS of the stock as $-0.3. The company beat the analyst EPS Estimate with the difference of $0.05. This shows a surprise factor of 16.7%.
Many analysts have provided their estimated foresights on Golden Ocean Group Limited Earnings, with 8 analysts believing the company would generate an Average Estimate of $-0.13. Whereas they predicted High and Low Earnings Estimate as $-0.09 and $-0.22 respectively. While in the same Quarter Previous year, the Actual EPS was $-1.05.
Analysts are also projecting an Average Revenue Estimate for Golden Ocean Group Limited as $56.38 Million in the Current Quarter. This estimate is provided by 8 analysts. The High Revenue estimate is predicted as 62 Million, while the Low Revenue Estimate prediction stands at 48 Million. The company’s last year sales total was 33.76 Million.
For the Current Quarter, the growth estimate for Golden Ocean Group Limited is 87.6%, while for the Next Quarter the stock growth estimate is 58.5%. In the past 5 years, the stock showed growth of -62.39% per annum. While for the next 5 years, the growth estimate is -0.2%.
The Company got Upgrade by Nordea on 22-Mar-16 from Hold to Buy.
9 analysts projected Price Targets for Golden Ocean Group Limited. The analysts believe that the company stock price could grow as high as $6.2. The Low Price target projection by analysts is $2.5 and the Mean Price Target is $4.87.
Golden Ocean Group Limited (NASDAQ:GOGL) has the market capitalization of $614.46 Million. The company rocked its 52-Week High of $6.41 on Feb 14, 2017 and touched its 52-Week Low of $2.55 on Feb 24, 2016. The stock has Return on Assets (ROA) of -8.7 percent. Return on Equity (ROE) stands at -16.5% and Return on Investment (ROI) of -8.4 percent.
The stock is currently showing YTD performance of 27.81 Percent. The company has Beta Value of 2.3 and ATR value of 0.29. The Weekly and Monthly Volatility stands at 5.02% and 4.13%.
Golden Ocean Group Limited is a shipping company which engaged in the transportation of dry bulk cargoes. It operates primarily in the Capesize and Panamax market. Golden Ocean Group Limited, formerly known as Knightsbridge Shipping Limited, is based in HAMILTON, Bermuda.