S&P 500   4,967.23
DOW   37,986.40
QQQ   414.65
How major US stock indexes fared Friday, 4/19/2024
Stock market today: Tumbling tech stocks drag Wall Street to the finish line of another losing week
American Express profits jump 34%, helped by jump in new customers, higher spending
American Express, Fifth Third rise; Netflix, PPG Industries fall, Friday, 4/19/2024
Intuitive Surgical Stock Can Trend Much Higher This Year 
3 Magnificent Seven Stocks Outperforming the Rest
Bargain Hunting: 3 Stocks With RSIs That Scream Oversold
S&P 500   4,967.23
DOW   37,986.40
QQQ   414.65
How major US stock indexes fared Friday, 4/19/2024
Stock market today: Tumbling tech stocks drag Wall Street to the finish line of another losing week
American Express profits jump 34%, helped by jump in new customers, higher spending
American Express, Fifth Third rise; Netflix, PPG Industries fall, Friday, 4/19/2024
Intuitive Surgical Stock Can Trend Much Higher This Year 
3 Magnificent Seven Stocks Outperforming the Rest
Bargain Hunting: 3 Stocks With RSIs That Scream Oversold
S&P 500   4,967.23
DOW   37,986.40
QQQ   414.65
How major US stock indexes fared Friday, 4/19/2024
Stock market today: Tumbling tech stocks drag Wall Street to the finish line of another losing week
American Express profits jump 34%, helped by jump in new customers, higher spending
American Express, Fifth Third rise; Netflix, PPG Industries fall, Friday, 4/19/2024
Intuitive Surgical Stock Can Trend Much Higher This Year 
3 Magnificent Seven Stocks Outperforming the Rest
Bargain Hunting: 3 Stocks With RSIs That Scream Oversold
S&P 500   4,967.23
DOW   37,986.40
QQQ   414.65
How major US stock indexes fared Friday, 4/19/2024
Stock market today: Tumbling tech stocks drag Wall Street to the finish line of another losing week
American Express profits jump 34%, helped by jump in new customers, higher spending
American Express, Fifth Third rise; Netflix, PPG Industries fall, Friday, 4/19/2024
Intuitive Surgical Stock Can Trend Much Higher This Year 
3 Magnificent Seven Stocks Outperforming the Rest
Bargain Hunting: 3 Stocks With RSIs That Scream Oversold

Golden Ocean Group (GOGL) Competitors

$12.97
-0.07 (-0.54%)
(As of 04/19/2024 ET)

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 vs.

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.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Golden Ocean Group$885.77M2.92$112.27M$0.5623.16
Golar LNG$298.43M8.82-$46.79M-$0.43-58.53

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.

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

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Golden Ocean Group
0 Sell rating(s)
2 Hold rating(s)
1 Buy rating(s)
0 Strong Buy rating(s)
2.33
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, 63.97% of users gave Golar LNG an outperform vote while only 60.45% of users gave Golden Ocean Group an outperform vote.

CompanyUnderperformOutperform
Golden Ocean GroupOutperform Votes
373
60.45%
Underperform Votes
244
39.55%
Golar LNGOutperform Votes
467
63.97%
Underperform Votes
263
36.03%

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$2.59B$5.71B$10.23B$7.31B
Dividend Yield9.17%7.00%3.93%4.01%
P/E Ratio23.1628.8615.9016.08
Price / Sales2.921.9820.9989.30
Price / Cash10.195.9916.7334.82
Price / Book1.352.962.054.16
Net Income$112.27M$232.85M$617.45M$214.16M
7 Day Performance-0.31%-0.51%-1.82%-3.49%
1 Month Performance1.25%-2.76%-2.21%-3.94%
1 Year Performance38.13%27.57%5.99%3.40%

Golden Ocean Group Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
GLNG
Golar LNG
1.8762 of 5 stars
$25.16
-0.9%
$30.50
+21.2%
+11.0%$2.63B$298.43M-58.51490News Coverage
TNK
Teekay Tankers
3.6995 of 5 stars
$55.58
-3.8%
$71.67
+28.9%
+23.3%$1.89B$1.36B3.741,590
NAT
Nordic American Tankers
3.0525 of 5 stars
$3.88
-1.5%
$5.33
+37.6%
-4.0%$820.57M$391.69M8.2418
INSW
International Seaways
3.6091 of 5 stars
$51.36
-2.8%
$58.25
+13.4%
+22.4%$2.51B$1.07B4.572,698Analyst Downgrade
MATX
Matson
3.7779 of 5 stars
$109.38
-3.4%
$111.67
+2.1%
+66.8%$3.77B$3.09B13.054,315Positive News
TDW
Tidewater
2.7092 of 5 stars
$97.09
-1.5%
$93.00
-4.2%
+90.1%$5.07B$1.01B53.057,300
KEX
Kirby
3.0737 of 5 stars
$99.94
+0.4%
$106.67
+6.7%
+37.9%$5.85B$3.09B26.875,450Upcoming Earnings
Analyst Upgrade
RXO
RXO
2.2417 of 5 stars
$22.33
+2.8%
$20.23
-9.4%
+1.6%$2.61B$3.93B558.398,432Analyst Report
Insider Buying
News Coverage
Positive News
WERN
Werner Enterprises
4.1828 of 5 stars
$38.53
+1.2%
$44.50
+15.5%
-24.1%$2.42B$3.28B21.899,929Analyst Report
JBLU
JetBlue Airways
1.5994 of 5 stars
$7.09
+0.9%
$5.75
-18.9%
+3.0%$2.39B$9.62B-7.5423,388Upcoming Earnings
Analyst Upgrade
News Coverage

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This page (NASDAQ:GOGL) was last updated on 4/19/2024 by MarketBeat.com Staff

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