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Golden Ocean Group (GOGL) Competitors

$15.39
+0.12 (+0.79%)
(As of 05/20/2024 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.

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

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

In the previous week, Golden Ocean Group and Golden Ocean Group both had 5 articles in the media. Golar LNG's average media sentiment score of 0.50 beat Golden Ocean Group's score of 0.20 indicating that Golar LNG is being referred to more favorably in the news media.

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

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

Company Net Margins Return on Equity Return on Assets
Golden Ocean Group12.68% 5.91% 3.23%
Golar LNG -15.68%11.67%7.58%

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
Golden Ocean Group$885.77M3.47$112.27M$0.5627.48
Golar LNG$298.43M9.52-$46.79M-$0.43-63.18

Golden Ocean Group pays an annual dividend of $1.20 per share and has a dividend yield of 7.8%. Golar LNG pays an annual dividend of $1.00 per share and has a dividend yield of 3.7%. 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 pays out -232.6% of its earnings in the form of a dividend.

Golden Ocean Group currently has a consensus price target of $12.50, indicating a potential downside of 18.78%. Golar LNG has a consensus price target of $27.00, indicating a potential downside of 0.63%. Given Golar LNG's higher possible upside, analysts clearly believe Golar LNG is more favorable than Golden Ocean Group.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Golden Ocean Group
0 Sell rating(s)
1 Hold rating(s)
1 Buy rating(s)
0 Strong Buy rating(s)
2.50
Golar LNG
0 Sell rating(s)
2 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
2.00

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 60.36% of users gave Golden Ocean Group an outperform vote.

CompanyUnderperformOutperform
Golden Ocean GroupOutperform Votes
373
60.36%
Underperform Votes
245
39.64%
Golar LNGOutperform Votes
467
63.89%
Underperform Votes
264
36.11%

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

Summary

Golar LNG beats Golden Ocean Group on 10 of the 19 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$3.07B$4.24B$10.54B$8.00B
Dividend Yield7.86%6.18%3.58%3.91%
P/E Ratio27.4823.0822.6718.71
Price / Sales3.475.6923.2072.59
Price / Cash11.896.288.2529.27
Price / Book1.602.692.164.50
Net Income$112.27M$131.94M$694.57M$213.02M
7 Day Performance3.29%2.97%1.49%2.50%
1 Month Performance18.66%12.93%7.98%6.63%
1 Year Performance86.32%41.01%18.12%9.72%

Golden Ocean Group Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
GLNG
Golar LNG
1.1548 of 5 stars
$26.66
+1.4%
$27.00
+1.3%
+25.0%$2.79B$298.43M-62.00470
TNK
Teekay Tankers
2.1079 of 5 stars
$69.71
+1.5%
$76.00
+9.0%
+76.5%$2.39B$1.31B4.931,590
NAT
Nordic American Tankers
2.3529 of 5 stars
$4.25
+1.9%
$5.33
+25.6%
+16.2%$886.36M$262.18M9.0318Upcoming Earnings
INSW
International Seaways
2.8808 of 5 stars
$62.70
+1.7%
$63.25
+0.9%
+65.0%$3.10B$1.06B5.862,698
MATX
Matson
4.2013 of 5 stars
$115.04
-0.8%
$112.33
-2.4%
+63.3%$3.93B$3.09B13.574,315
TDW
Tidewater
3.5734 of 5 stars
$106.52
+3.2%
$98.00
-8.0%
+138.3%$5.62B$1.01B42.447,300
KEX
Kirby
2.2714 of 5 stars
$114.38
0.0%
$116.00
+1.4%
+65.2%$6.69B$3.09B27.045,450
CAAP
Corporación América Airports
0.1574 of 5 stars
$17.98
+0.3%
$18.90
+5.1%
+67.7%$2.93B$1.40B10.396,100Upcoming Earnings
News Coverage
GBTG
Global Business Travel Group
0.939 of 5 stars
$6.01
+2.4%
$9.00
+49.8%
-0.4%$2.84B$2.29B-15.4119,000
SKYW
SkyWest
3.3515 of 5 stars
$77.12
+1.2%
$62.25
-19.3%
+164.0%$3.10B$2.94B27.8413,121

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This page (NASDAQ:GOGL) was last updated on 5/21/2024 by MarketBeat.com Staff

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