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Golden Ocean Group (GOGL) Competitors

$13.41
-0.11 (-0.81%)
(As of 06/7/2024 ET)

GOGL vs. INSW, TGP, MATX, TDW, FRO, STNG, GLNG, TNK, SFL, and TK

Should you be buying Golden Ocean Group stock or one of its competitors? The main competitors of Golden Ocean Group include International Seaways (INSW), Teekay LNG Partners (TGP), Matson (MATX), Tidewater (TDW), Frontline (FRO), Scorpio Tankers (STNG), Golar LNG (GLNG), Teekay Tankers (TNK), SFL (SFL), and Teekay (TK).

Golden Ocean Group vs.

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

International Seaways has a net margin of 49.88% compared to International Seaways' net margin of 19.92%. Golden Ocean Group's return on equity of 29.74% beat International Seaways' return on equity.

Company Net Margins Return on Equity Return on Assets
International Seaways49.88% 29.74% 19.60%
Golden Ocean Group 19.92%8.67%4.71%

International Seaways pays an annual dividend of $0.48 per share and has a dividend yield of 0.8%. Golden Ocean Group pays an annual dividend of $1.20 per share and has a dividend yield of 8.9%. International Seaways pays out 4.5% of its earnings in the form of a dividend. Golden Ocean Group pays out 129.0% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future. International Seaways has increased its dividend for 3 consecutive years and Golden Ocean Group has increased its dividend for 1 consecutive years.

International Seaways currently has a consensus price target of $63.25, indicating a potential upside of 2.55%. Golden Ocean Group has a consensus price target of $12.75, indicating a potential downside of 4.92%. Given Golden Ocean Group's stronger consensus rating and higher possible upside, research analysts clearly believe International Seaways is more favorable than Golden Ocean Group.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
International Seaways
0 Sell rating(s)
0 Hold rating(s)
4 Buy rating(s)
0 Strong Buy rating(s)
3.00
Golden Ocean Group
0 Sell rating(s)
2 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
2.00

In the previous week, Golden Ocean Group had 4 more articles in the media than International Seaways. MarketBeat recorded 6 mentions for Golden Ocean Group and 2 mentions for International Seaways. Golden Ocean Group's average media sentiment score of 1.55 beat International Seaways' score of 0.96 indicating that International Seaways is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
International Seaways
2 Very Positive mention(s)
0 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Very Positive
Golden Ocean Group
5 Very Positive mention(s)
0 Positive mention(s)
0 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Positive

67.3% of International Seaways shares are held by institutional investors. Comparatively, 22.0% of Golden Ocean Group shares are held by institutional investors. 1.9% of International Seaways shares are held by company insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a stock will outperform the market over the long term.

Golden Ocean Group received 177 more outperform votes than International Seaways when rated by MarketBeat users. Likewise, 60.16% of users gave Golden Ocean Group an outperform vote while only 59.57% of users gave International Seaways an outperform vote.

CompanyUnderperformOutperform
International SeawaysOutperform Votes
196
59.57%
Underperform Votes
133
40.43%
Golden Ocean GroupOutperform Votes
373
60.16%
Underperform Votes
247
39.84%

International Seaways has a beta of -0.04, suggesting that its share price is 104% less volatile than the S&P 500. Comparatively, Golden Ocean Group has a beta of 1.23, suggesting that its share price is 23% more volatile than the S&P 500.

International Seaways has higher revenue and earnings than Golden Ocean Group. International Seaways 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
International Seaways$1.07B2.84$556.45M$10.705.76
Golden Ocean Group$885.77M3.02$112.27M$0.9314.42

Summary

International Seaways beats Golden Ocean Group on 14 of the 21 factors compared between the two stocks.

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$2.68B$6.16B$10.01B$8.17B
Dividend Yield8.68%6.39%3.69%4.04%
P/E Ratio14.4220.3719.3714.27
Price / Sales3.029.3023.4968.85
Price / Cash10.766.5215.9231.03
Price / Book1.392.982.054.32
Net Income$112.27M$211.62M$669.45M$216.21M
7 Day Performance-6.81%-0.36%-1.01%-1.43%
1 Month Performance-8.90%5.82%1.25%-0.59%
1 Year Performance75.07%36.63%14.56%3.58%

Golden Ocean Group Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
INSW
International Seaways
2.979 of 5 stars
$63.06
-1.0%
$63.25
+0.3%
+68.5%$3.11B$1.07B5.892,698Positive News
TGP
Teekay LNG Partners
0 of 5 stars
$16.98
flat
N/AN/A$1.48BN/A6.152,020
MATX
Matson
3.7187 of 5 stars
$123.17
-2.1%
$120.67
-2.0%
+59.9%$4.30B$3.09B14.524,315News Coverage
Positive News
TDW
Tidewater
3.0293 of 5 stars
$92.00
-4.6%
$98.00
+6.5%
+91.8%$4.85B$1.01B36.657,300Positive News
FRO
Frontline
1.3542 of 5 stars
$27.24
-2.5%
$26.10
-4.2%
+87.5%$6.06B$1.83B9.5278Positive News
STNG
Scorpio Tankers
2.3245 of 5 stars
$79.77
-0.9%
$80.17
+0.5%
+73.5%$4.35B$1.34B7.4024Positive News
GLNG
Golar LNG
3.1264 of 5 stars
$25.72
-1.3%
$34.33
+33.5%
+18.7%$2.69B$298.43M24.50470
TNK
Teekay Tankers
1.3233 of 5 stars
$72.64
+0.2%
$76.00
+4.6%
+89.9%$2.49B$1.36B5.141,590Positive News
SFL
SFL
0.8942 of 5 stars
$14.20
-0.4%
$12.33
-13.1%
+46.6%$1.97B$752.29M14.6421Positive News
TK
Teekay
0 of 5 stars
$9.83
+1.0%
N/A+58.6%$894.04M$1.46B6.072,300Positive News

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This page (NASDAQ:GOGL) was last updated on 6/8/2024 by MarketBeat.com Staff

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