The pursuit of market outperformance leads investors to the practice of hand-picking stocks. Skillful choices can be a catalyst for significant wealth enhancement.
In the latest session, Golar Lng (NASDAQ: GLNG) closed at $33.07 down -7.42% from its previous closing price of $35.72. In other words, the price has decreased by -$7.42 from its previous closing price. On the day, 2.86 million shares were traded.
Ratios:
For a deeper understanding of Golar Lng’s stock, let’s take a closer look at its various ratios. For the most recent quarter (mrq), Quick Ratio is recorded 1.55 and its Current Ratio is at 0.94. In the meantime, Its Debt-to-Equity ratio is 0.72 whereas as Long-Term Debt/Eq ratio is at 0.46.
Valuation Measures:
As of this moment, Golar’s Price-to-Earnings (P/E) ratio for their current fiscal year is 31.18, and their Forward P/E ratio for the next fiscal year is 29.06. For the stock, the TTM Price-to-Sale (P/S) ratio is 13.28 while its Price-to-Book (P/B) ratio in mrq is 1.72.
Stock Price History:
Over the past 52 weeks, GLNG has reached a high of $44.36, while it has fallen to a 52-week low of $20.96. The 50-Day Moving Average of the stock is -18.55%, while the 200-Day Moving Average is calculated to be -7.81%.
Shares Statistics:
A total of 104.50M shares are outstanding, with a floating share count of 93.14M. Insiders hold about 10.93% of the company’s shares, while institutions hold 75.44% stake in the company.
Earnings Estimates
Current recommendations for the stock of the company come from 4.0 analysts. The consensus estimate for the next quarter is $0.38, with high estimates of $0.53 and low estimates of $0.18.
Analysts are recommending an EPS of between $1.87 and $1.43 for the fiscal current year, implying an average EPS of $1.6. EPS for the following year is $0.92, with 6.0 analysts recommending between $1.7 and $0.5.
Revenue Estimates
A total of 4 analysts believe the company’s revenue will be $64.62M this quarter.It ranges from a high estimate of $70.53M to a low estimate of $60.16M. As of the current estimate, Golar Lng’s year-ago sales were $64.96MFor the next quarter, 4 analysts are estimating revenue of $105.71M. There is a high estimate of $126.47M for the next quarter, whereas the lowest estimate is $70.53M.
A total of 5 analysts have provided revenue estimates for GLNG’s current fiscal year. The highest revenue estimate was $461.47M, while the lowest revenue estimate was $357.33M, resulting in an average revenue estimate of $423.33M. In the same quarter a year ago, actual revenue was $260.37MBased on 5 analysts’ estimates, the company’s revenue will be $407.23M in the next fiscal year. The high estimate is $464.83M and the low estimate is $304M.
