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Golden Ocean Group (GOGL) Competitors

$14.04
-0.11 (-0.78%)
(As of 05/23/2024 ET)

GOGL vs. GLNG, TNK, NAT, INSW, MATX, TDW, KEX, CAAP, GBTG, and SKYW

Should you be buying Golden Ocean Group stock or one of its competitors? The main competitors of Golden Ocean Group include Golar LNG (GLNG), Teekay Tankers (TNK), Nordic American Tankers (NAT), International Seaways (INSW), Matson (MATX), Tidewater (TDW), Kirby (KEX), Corporación América Airports (CAAP), Global Business Travel Group (GBTG), and SkyWest (SKYW).

Golden Ocean Group vs.

Golar LNG (NASDAQ:GLNG) and Golden Ocean Group (NASDAQ:GOGL) are both mid-cap transportation companies, but which is the better investment? We will contrast the two businesses based on the strength of their risk, profitability, valuation, analyst recommendations, dividends, media sentiment, community ranking, earnings and institutional ownership.

Golar LNG presently has a consensus price target of $27.00, suggesting a potential upside of 0.30%. Golden Ocean Group has a consensus price target of $12.75, suggesting a potential downside of 9.64%. Given Golden Ocean Group's higher probable upside, equities research analysts clearly believe Golar LNG is more favorable than Golden Ocean Group.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Golar LNG
0 Sell rating(s)
2 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
2.00
Golden Ocean Group
0 Sell rating(s)
2 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
2.00

Golar LNG pays an annual dividend of $1.00 per share and has a dividend yield of 3.7%. Golden Ocean Group pays an annual dividend of $1.20 per share and has a dividend yield of 8.5%. Golar LNG pays out -232.6% of its earnings in the form of a dividend. Golden Ocean Group pays out 214.3% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future. Golar LNG has raised its dividend for 1 consecutive years and Golden Ocean Group has raised its dividend for 1 consecutive years.

Golar LNG has a beta of 0.62, suggesting that its share price is 38% less volatile than the S&P 500. Comparatively, Golden Ocean Group has a beta of 1.32, suggesting that its share price is 32% more volatile than the S&P 500.

92.2% of Golar LNG shares are held by institutional investors. Comparatively, 22.0% of Golden Ocean Group shares are held by institutional investors. 0.0% of Golar LNG shares are held by company insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a company is poised for long-term growth.

Golar LNG received 94 more outperform votes than Golden Ocean Group when rated by MarketBeat users. Likewise, 63.89% of users gave Golar LNG an outperform vote while only 60.26% of users gave Golden Ocean Group an outperform vote.

CompanyUnderperformOutperform
Golar LNGOutperform Votes
467
63.89%
Underperform Votes
264
36.11%
Golden Ocean GroupOutperform Votes
373
60.26%
Underperform Votes
246
39.74%

Golden Ocean Group has a net margin of 12.68% compared to Golden Ocean Group's net margin of -15.68%. Golden Ocean Group's return on equity of 11.67% beat Golar LNG's return on equity.

Company Net Margins Return on Equity Return on Assets
Golar LNG-15.68% 11.67% 7.58%
Golden Ocean Group 12.68%5.91%3.23%

In the previous week, Golden Ocean Group had 15 more articles in the media than Golar LNG. MarketBeat recorded 18 mentions for Golden Ocean Group and 3 mentions for Golar LNG. Golden Ocean Group's average media sentiment score of 0.99 beat Golar LNG's score of 0.21 indicating that Golar LNG is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Golar LNG
2 Very Positive mention(s)
0 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Golden Ocean Group
4 Very Positive mention(s)
2 Positive mention(s)
6 Neutral mention(s)
3 Negative mention(s)
0 Very Negative mention(s)
Neutral

Golden Ocean Group has higher revenue and earnings than Golar LNG. Golar LNG is trading at a lower price-to-earnings ratio than Golden Ocean Group, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Golar LNG$298.43M9.40-$46.79M-$0.43-62.37
Golden Ocean Group$885.77M3.18$112.27M$0.5625.20

Summary

Golar LNG beats Golden Ocean Group on 10 of the 18 factors compared between the two stocks.

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New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding GOGL and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

This chart shows the average media sentiment of NASDAQ and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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GOGL vs. The Competition

MetricGolden Ocean GroupWater transportation IndustryTransportation SectorNASDAQ Exchange
Market Cap$2.82B$6.00B$10.29B$8.07B
Dividend Yield7.61%6.10%3.65%3.92%
P/E Ratio25.2020.0919.8915.07
Price / Sales3.187.8423.3075.36
Price / Cash12.286.6816.4331.80
Price / Book1.472.622.174.63
Net Income$112.27M$210.20M$671.20M$214.00M
7 Day Performance-6.68%0.58%-1.46%-0.71%
1 Month Performance5.46%8.56%4.14%3.26%
1 Year Performance79.29%39.37%15.08%7.40%

Golden Ocean Group Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
GLNG
Golar LNG
1.356 of 5 stars
$26.66
+1.4%
$27.00
+1.3%
+23.8%$2.79B$298.43M-62.00470
TNK
Teekay Tankers
2.0398 of 5 stars
$69.71
+1.5%
$76.00
+9.0%
+77.2%$2.39B$1.31B4.931,590Ex-Dividend
NAT
Nordic American Tankers
3.0668 of 5 stars
$4.25
+1.9%
$5.33
+25.6%
+6.6%$886.36M$262.18M9.0318Upcoming Earnings
INSW
International Seaways
2.8432 of 5 stars
$62.70
+1.7%
$63.25
+0.9%
+66.4%$3.10B$1.06B5.862,698Insider Selling
MATX
Matson
4.0407 of 5 stars
$115.04
-0.8%
$112.33
-2.4%
+69.1%$3.93B$3.09B13.574,315
TDW
Tidewater
3.8517 of 5 stars
$106.52
+3.2%
$98.00
-8.0%
+114.0%$5.62B$1.01B42.447,300Insider Selling
KEX
Kirby
2.9895 of 5 stars
$114.38
0.0%
$116.00
+1.4%
+66.0%$6.69B$3.09B27.045,450Analyst Forecast
CAAP
Corporación América Airports
0.4569 of 5 stars
$17.98
+0.3%
$18.90
+5.1%
+66.5%$2.93B$1.40B10.396,100Earnings Report
News Coverage
GBTG
Global Business Travel Group
0.9344 of 5 stars
$6.01
+2.4%
$9.00
+49.8%
-14.6%$2.84B$2.29B-15.4119,000
SKYW
SkyWest
3.1614 of 5 stars
$77.12
+1.2%
$62.25
-19.3%
+159.3%$3.10B$2.94B27.8413,121

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This page (NASDAQ:GOGL) was last updated on 5/23/2024 by MarketBeat.com Staff

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