Analysts Issue Forecasts for Cool's Q2 Earnings (NYSE:CLCO)

Cool Company Ltd. (NYSE:CLCO - Free Report) - B. Riley lowered their Q2 2025 EPS estimates for shares of Cool in a note issued to investors on Tuesday, May 27th. B. Riley analyst L. Burke now expects that the company will post earnings of $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 cut shares of Cool from a "strong-buy" rating to a "hold" rating in a research note on Monday, February 17th.

Cool Stock Up 0.7%

Cool stock traded up $0.04 during mid-day trading on Thursday, reaching $6.10. The stock had a trading volume of 94,738 shares, compared to its average volume of 238,352. The company has a market capitalization of $327.59 million, a price-to-earnings ratio of 8.97 and a beta of 0.58. The company has a 50-day moving average price of $5.73 and a two-hundred day moving average price of $6.99. Cool has a one year low of $4.51 and a one year high of $12.66. The company has a debt-to-equity ratio of 1.01, a current ratio of 0.44 and a quick ratio of 0.43.

Hedge Funds Weigh In On Cool

Several hedge funds and other institutional investors have recently bought and sold shares of the stock. ABC Arbitrage SA bought a new position in Cool during the 1st quarter valued at about $82,000. XTX Topco Ltd bought a new position in Cool during the 4th quarter valued at about $94,000. Barclays PLC lifted its stake in Cool by 3.9% during the 4th 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. Finally, Quantbot Technologies LP bought a new position in Cool during the 4th quarter valued at about $53,000. Institutional investors own 20.66% of the company's stock.

Cool Company Profile

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.