GOGL:NSD-Golden Ocean Group Limited (USD)

COMMON STOCK | Marine Shipping | NSD

Last Closing Price

USD 9.18

Change

-0.22 (-2.34)%

Market Cap

USD 1.83B

Volume

3.50M

Avg Analyst Target

USD 12.25 (+33.44%)

Avg User Target

USD
Average Analyst Rating

Verdict

Fundamental Analysis

Verdict


Golden Ocean Group Limited (GOGL) Stock Analysis:
Based on the Golden Ocean Group Limited stock forecasts from 3 analysts, the average analyst target price for Golden Ocean Group Limited is USD 12.25 over the next 12 months. Golden Ocean Group Limited’s average analyst rating is Strong Buy. Stock Target Advisor’s own stock analysis of Golden Ocean Group Limited is Slightly Bullish , which is based on 6 positive signals and 3 negative signals. At the last closing, Golden Ocean Group Limited’s stock price was USD 9.18. Golden Ocean Group Limited’s stock price has changed by +0.33 % over the past week, +0.64 % over the past month and +111.52 % over the last year.

About

Golden Ocean Group Limited, a shipping company, owns and operates a fleet of dry bulk vessels comprising Newcastlemax, Capesize, Panamax, and Ultramax vessels worldwide. It owns and operates dry bulk vessels in the spot and time charter markets. The company transports bulk commod ...Read More

Technical Indicators

Unadjusted Closing Price

Adjusted Closing Price

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2021-12-03 )

Largest Industry Peers for Marine Shipping

Symbol Name Price(Change) Market Cap Price / Earning Ratio EV/EBITDA
SBLK Star Bulk Carriers Corp

+0.43 (+2.03%)

USD2.23B 5.21 8.94
EGLE Eagle Bulk Shipping Inc

-0.31 (-0.76%)

USD0.56B 5.93 4.98
CPLP Capital Product Partners L.P

+0.12 (+0.75%)

USD0.31B 4.61 6.57
NMCI Navios Maritime Containers L.P

N/A

USD0.30B 66.88 12.97
GRIN Grindrod Shipping Holdings Ltd

-0.48 (-3.39%)

USD0.29B 5.39 3.81
ESEA Euroseas Ltd

-0.72 (-2.86%)

USD0.19B 8.50 8.16
PANL Pangaea Logistics Solutions Lt..

+0.06 (+1.61%)

USD0.18B 2.83 4.68
CTRM Castor Maritime Inc

-0.09 (-4.97%)

USD0.18B 5.16 7.01
SHIP Seanergy Maritime Holdings Cor..

-0.01 (-1.11%)

USD0.16B 6.27 11.28
GASS StealthGas Inc

+0.22 (+8.43%)

USD0.10B 42.42 8.65

ETFs Containing GOGL

Symbol Name Weight Mer Price(Change) Market Cap

N/A

Market Performance

  Market Performance vs.
Industry/Classification (Marine Shipping)
Market Performance vs. Exchange
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain 98.27% 60% D- 94% A
Dividend Return 16.20% 100% A+ 99% A+
Total Return 114.47% 60% D- 95% A
Trailing 12 Months  
Capital Gain 111.52% 67% D+ 94% A
Dividend Return 17.28% 100% A+ 99% A+
Total Return 128.80% 67% D+ 95% A
Trailing 5 Years  
Capital Gain 115.49% 91% A- 75% C
Dividend Return 34.62% 100% A+ 93% A
Total Return 150.12% 91% A- 79% C+
Average Annual (5 Year Horizon)  
Capital Gain 21.26% 53% F 68% D+
Dividend Return 4.15% 80% B- 84% B
Total Return 25.41% 60% D- 71% C-
Risk Return Profile  
Volatility (Standard Deviation) 75.92% 60% D- 23% F
Risk Adjusted Return 33.47% 73% C 48% F
Market Capitalization 1.83B 93% A 75% C
Letter Grade Percentage Letter Grade Percentage Letter Grade Percentage
A+ 97%-100% A 93%-96% A- 90%-92%
B+ 87%-89% B 83%-86% B- 80%-82%
C+ 77%-79% C 73%-76% C- 70%-72%
D+ 67%-69% D 63%-66% D- 60%-62%
F 0%-59%

Key Financial Ratios

  Ratio vs. Industry/Classification
(Marine Shipping)
Ratio vs. Market
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
Market Value  
Price / Earning Ratio 4.66 67% D+ 86% B
Price/Book Ratio 1.01 21% F 85% B
Price / Cash Flow Ratio 12.99 33% F 29% F
EV/EBITDA 6.16 64% D 76% C
Management Effectiveness  
Return on Equity 21.54% 67% D+ 88% B+
Return on Invested Capital 1.32% 67% D+ 56% F
Return on Assets 6.73% 67% D+ 85% B
Debt to Equity Ratio 69.97% 80% B- 30% F
Technical Ratios  
Short Ratio 1.15 23% F 73% C
Short Percent 1.23% 71% C- 69% D+
Beta 1.66 7% F 21% F
Letter Grade Percentage Letter Grade Percentage Letter Grade Percentage
A+ 97%-100% A 93%-96% A- 90%-92%
B+ 97%-89% B 83%-86% B- 80%-82%
C+ 77%-79% C 73%-76% C- 70%-72%
D+ 67%-69% D 63%-66% D- 60%-62%
F 0%-59%

Annual Financials (USD)

Quarterly Financials (USD)

Analyst Ratings

Target Price Action Rating Action Analyst Rating Price Date

No discussions yet

User / Independent Analyst Ratings

User Name Target Rating Target Horizon (Months) Target Price User Analysis Date Comment

Fundamental Analysis Breakdown

This is a composite scorecard based on the application of evaluation criteria deemed most important by analysts. This is not a buy or sell recommendation.

What to like:
High market capitalization

This is one of the largest entities in its sector and is among the top quartile. Such companies tend to be more stable.

Superior total returns

The stock has outperformed its sector peers on average annual total returns basis in the past 5 years (for a hold period of at least 12 months) and is in the top quartile.

Low debt

The company is less leveraged than its peers ,, and is among the top quartile, which makes it more flexible. However, do check the news and look at its sector. Sometimes this is low because the company is not growing and has no growth potential.

Positive cash flow

The company had positive total cash flow in the most recent four quarters.

Positive free cash flow

The company had positive total free cash flow in the most recent four quarters.

Superior Revenue Growth

This stock has shown top quartile revenue growth in the previous 5 years compared to its sector.

What to not like:
Overpriced compared to book value

The stock is trading high compared to its peers median on a price to book value basis.

Overpriced on cashflow basis

The stock is trading high compared to its peers on a price to cash flow basis. It is priced above the median for its sectors. Proceed with caution if you are considering to buy.

Low Dividend Growth

This stock has shown below median dividend growth in the previous 5 years compared to its sector.