Cool Company Ltd. (NYSE:CLCO - Free Report) - Research analysts at B. Riley lowered their Q2 2025 EPS estimates for Cool in a report released on Tuesday, May 27th. B. Riley analyst L. Burke now expects that the company will earn $0.13 per share for the quarter, down from their prior forecast of $0.24. The consensus estimate for Cool's current full-year earnings is $1.68 per share. B. Riley also issued estimates for Cool's FY2025 earnings at $0.66 EPS and FY2026 earnings at $0.59 EPS.
Separately, Fearnley Fonds downgraded shares of Cool from a "strong-buy" rating to a "hold" rating in a research note on Monday, February 17th.
View Our Latest Research Report on CLCO
Cool Price Performance
Cool stock traded up $0.42 during mid-day trading on Thursday, reaching $6.50. 254,622 shares of the company's stock traded hands, compared to its average volume of 238,216. The company has a market cap of $349.07 million, a price-to-earnings ratio of 9.57 and a beta of 0.58. The stock has a 50 day moving average of $5.73 and a two-hundred day moving average of $6.94. The company has a quick ratio of 0.43, a current ratio of 0.44 and a debt-to-equity ratio of 1.01. Cool has a 12-month low of $4.51 and a 12-month high of $12.66.
Institutional Investors Weigh In On Cool
Several hedge funds and other institutional investors have recently made changes to their positions in the company. Barclays PLC raised its stake in shares of Cool by 3.9% in the fourth quarter. Barclays PLC now owns 50,708 shares of the company's stock valued at $403,000 after acquiring an additional 1,917 shares during the period. Quantbot Technologies LP purchased a new stake in shares of Cool in the fourth quarter valued at $53,000. XTX Topco Ltd purchased a new stake in shares of Cool in the fourth quarter valued at $94,000. Finally, ABC Arbitrage SA purchased a new stake in shares of Cool in the first quarter valued at $82,000. Hedge funds and other institutional investors own 20.66% of the company's stock.
Cool Company Profile
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Cool Company Ltd. engages in the acquisition, ownership, operation, and chartering of liquefied natural gas carriers (LNGCs). As of December 31, 2023, it owned a fleet of eleven LNGCs, including seven modern tri-fuel diesel electric vessels; two modern 2-stroke and two TFDE vessels; and managed 17 LNGCs and floating storage and regasification units for third parties.
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