GOGL vs. GLNG, TNK, NAT, INSW, MATX, TDW, KEX, RXO, WERN, and JBLU
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), RXO (RXO), Werner Enterprises (WERN), and JetBlue Airways (JBLU).
Golden Ocean Group (NASDAQ:GOGL) and Golar LNG (NASDAQ:GLNG) are both mid-cap transportation companies, but which is the better investment? We will contrast the two companies based on the strength of their institutional ownership, valuation, community ranking, analyst recommendations, media sentiment, profitability, earnings, dividends and risk.
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.
Golden Ocean Group pays an annual dividend of $1.20 per share and has a dividend yield of 9.3%. Golar LNG pays an annual dividend of $1.00 per share and has a dividend yield of 4.0%. 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 has a beta of 1.39, suggesting that its stock price is 39% more volatile than the S&P 500. Comparatively, Golar LNG has a beta of 0.61, suggesting that its stock price is 39% less volatile than the S&P 500.
22.0% of Golden Ocean Group shares are held by institutional investors. Comparatively, 92.2% of Golar LNG shares are held by institutional investors. 0.0% of Golar LNG shares are held by insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a company is poised for long-term growth.
In the previous week, Golden Ocean Group and Golden Ocean Group both had 3 articles in the media. Golar LNG's average media sentiment score of 0.66 beat Golden Ocean Group's score of 0.20 indicating that Golar LNG is being referred to more favorably in the news media.
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.
Golden Ocean Group presently has a consensus target price of $12.50, indicating a potential downside of 3.62%. Golar LNG has a consensus target price of $30.50, indicating a potential upside of 21.51%. Given Golar LNG's higher probable upside, analysts clearly believe Golar LNG is more favorable than Golden Ocean Group.
Golar LNG received 94 more outperform votes than Golden Ocean Group when rated by MarketBeat users. Likewise, 63.97% of users gave Golar LNG an outperform vote while only 60.45% of users gave Golden Ocean Group an outperform vote.
Summary
Golar LNG beats Golden Ocean Group on 10 of the 19 factors compared between the two stocks.
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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.
Skip ChartThis 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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