Golden Ocean Group Limited (GOGL): Price and Financial Metrics


Golden Ocean Group Limited (GOGL)

Today's Latest Price: $4.29 USD

0.04 (-0.92%)

Updated Nov 27 5:00pm

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Overall POWR Rating


POWR Components:

 Trade Grade  Buy & Hold Grade  Peer Grade  Industry Rank


Industry Rank:

Ranked of 46 in Shipping

See all "A" rated Strong Buy stocks

GOGL Stock Summary

  • For GOGL, its debt to operating expenses ratio is greater than that reported by 93.42% of US equities we're observing.
  • Revenue growth over the past 12 months for Golden Ocean Group Ltd comes in at 271.01%, a number that bests 97.51% of the US stocks we're tracking.
  • Shareholder yield, a measure of how much is returned to shareholders via dividends and share repurchases, for GOGL comes in at 46.53% -- higher than that of 94.49% of stocks in our set.
  • Stocks that are quantitatively similar to GOGL, based on their financial statements, market capitalization, and price volatility, are TGH, TRTN, CDOR, WPG, and STOR.
  • Visit GOGL's SEC page to see the company's official filings. To visit the company's web site, go to www.goldenocean.bm.

GOGL Stock Price Chart Interactive Chart >

Price chart for GOGL

GOGL Price/Volume Stats

Current price $4.29 52-week high $6.04
Prev. close $4.33 52-week low $2.52
Day low $4.23 Volume 180,600
Day high $4.31 Avg. volume 335,847
50-day MA $3.71 Dividend yield 4.66%
200-day MA $3.67 Market Cap 614.66M

Golden Ocean Group Limited (GOGL) Company Bio


Golden Ocean Group Limited engages in the transportation of dry bulk cargoes in the Capesize and Panamax markets. The company transports ores, coal, grains, and fertilizers along worldwide shipping routes. The company was founded in 2004 and is based in Hamilton, Bermuda.

GOGL Price Forecast Based on DCF Valuation

Current PriceDCF Fair Value Target: Forecasted Gain:
$4.29$22.3 445%

Below please find a table outlining a discounted cash flow forecast for GOGL, in which we model out valuation assuming a variety of terminal growth rates. To summarize, we found that Golden Ocean Group Ltd ranked in the 78th percentile in terms of potential gain offered. More precisely, our analysis suggests the stock is undervalued by approximately 447.83% on a DCF basis. The most interesting components of our discounted cash flow analysis for Golden Ocean Group Ltd ended up being:

  • 31% of the company's capital comes from equity, which is greater than merely 11.03% of stocks in our cash flow based forecasting set.
  • Golden Ocean Group Ltd's effective tax rate, as measured by taxes paid relative to net income, is at 0 -- greater than just 24.06% of US stocks with positive free cash flow.
  • Relative to other stocks in its sector (Industrials), Golden Ocean Group Ltd has a reliance on debt greater than 88.11% of them.


Terminal Growth Rate in Free Cash FlowReturn Relative to Current Share Price
0%434%
1%440%
2%445%
3%451%
4%456%
5%461%

FELE, SB, URI, NMM, and APWC can be thought of as valuation peers to GOGL, in the sense that they are in the Industrials sector and have a similar price forecast based on DCF valuation.


GOGL Latest News Stream


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Latest GOGL News From Around the Web

Below are the latest news stories about Golden Ocean Group Ltd that investors may wish to consider to help them evaluate GOGL as an investment opportunity.

Golden Ocean Group: Surprising Performance As Shipping Rebounds

On Tuesday, August 18, 2020, dry bulk shipping giant Golden Ocean Group Limited (GOGL) announced its second quarter 2020 earnings results. The initial headline numbers may have been surprising since few people expected a shipping company to do well with many of the world's economies shut down but Golden Ocean...

Power Hedge on Seeking Alpha | August 21, 2020

Golden Ocean EPS misses by $0.02, beats on revenue

Golden Ocean (GOGL): Q2 GAAP EPS of -$0.29 misses by $0.02.Revenue of $116.25M (+0.4% Y/Y) beats by $49.29M.The Company has decided not to pay a dividend for the second quarter of 2020 given the current market environment, as well as the uncertain and evolving nature of near-term expectations.Press Release...

Seeking Alpha | August 18, 2020

GOGL – Second Quarter 2020 Results

Golden Ocean Group Limited (NASDAQ:GOGL) (the "Company" or "Golden Ocean"), a leading dry bulk shipping company, today announced its results for the quarter …

Benzinga | August 17, 2020

Here is What Hedge Funds Think About Golden Ocean Group Ltd (GOGL)

In this article you are going to find out whether hedge funds think Golden Ocean Group Ltd (NASDAQ:GOGL) is a good investment right now. We like to check what the smart money thinks first before doing extensive research on a given stock. Although there have been several high profile failed hedge fund picks, the consensus […]

Yahoo | June 22, 2020

Edited Transcript of GOGL earnings conference call or presentation 27-May-20 1:00pm GMT

Q1 2020 Golden Ocean Group Ltd Earnings Call

Yahoo | June 3, 2020

Read More 'GOGL' Stories Here

GOGL Price Returns

1-mo 32.41%
3-mo 8.06%
6-mo 18.51%
1-year -26.14%
3-year -41.46%
5-year -34.32%
YTD -25.25%
2019 -0.15%
2018 -18.48%
2017 73.04%
2016 -11.96%
2015 -76.38%

GOGL Dividends

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Continue Researching GOGL

Here are a few links from around the web to help you further your research on Golden Ocean Group Ltd's stock as an investment opportunity:

Golden Ocean Group Ltd (GOGL) Stock Price | Nasdaq
Golden Ocean Group Ltd (GOGL) Stock Quote, History and News - Yahoo Finance
Golden Ocean Group Ltd (GOGL) Stock Price and Basic Information | MarketWatch


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