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


Golden Ocean Group Limited (GOGL): $8.46

0.14 (+1.68%)

POWR Rating

Component Grades

Growth

S

Value

I

Momentum

G

Stability

N

Sentiment

U

Quality

P

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Industry: Shipping


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GOGL POWR Grades

  • GOGL scores best on the Quality dimension, with a Quality rank ahead of 79.01% of US stocks.
  • GOGL's strongest trending metric is Growth; it's been moving down over the last 26 weeks.
  • GOGL ranks lowest in Growth; there it ranks in the 1st percentile.

GOGL Stock Summary

  • With a price/earnings ratio of 2.8, GOLDEN OCEAN GROUP LTD P/E ratio is greater than that of about only 3.93% of stocks in our set with positive earnings.
  • Of note is the ratio of GOLDEN OCEAN GROUP LTD's sales and general administrative expense to its total operating expenses; only 6.37% of US stocks have a lower such ratio.
  • GOLDEN OCEAN GROUP LTD's shareholder yield -- a measure of how much capital is returned to stockholders via dividends and buybacks -- is 47.88%, greater than the shareholder yield of 96.64% of stocks in our set.
  • If you're looking for stocks that are quantitatively similar to GOLDEN OCEAN GROUP LTD, a group of peers worth examining would be ATCO, DLNG, BORR, KNOP, and TRTN.
  • GOGL's SEC filings can be seen here. And to visit GOLDEN OCEAN GROUP LTD's official web site, go to www.goldenocean.bm.

GOGL Valuation Summary

  • In comparison to the median Industrials stock, GOGL's EV/EBIT ratio is 74.86% lower, now standing at 4.4.
  • GOGL's price/sales ratio has moved down 2.7 over the prior 243 months.

Below are key valuation metrics over time for GOGL.

Stock Date P/S P/B P/E EV/EBIT
GOGL 2022-11-30 1.4 0.9 2.8 4.4
GOGL 2022-11-29 1.3 0.9 2.8 4.4
GOGL 2022-11-28 1.4 0.9 2.8 4.4
GOGL 2022-11-25 1.4 0.9 3.0 4.6
GOGL 2022-11-23 1.4 0.9 2.9 4.5
GOGL 2022-11-22 1.4 0.9 2.9 4.5

GOGL Growth Metrics

    The 3 year cash and equivalents growth rate now stands at -41.89%.
  • Its 5 year cash and equivalents growth rate is now at -51.9%.
  • The 3 year net income to common stockholders growth rate now stands at 941.57%.
GOGL's revenue has moved up $539,907,000 over the prior 33 months.

The table below shows GOGL's growth in key financial areas (numbers in millions of US dollars).

Date Revenue Operating Cash Flow Net Income to Common Stock
2022-09-30 1,245.706 596.937 597.455
2022-06-30 1,351.275 698.741 688.219
2022-03-31 1,310.312 677.444 628.965
2021-12-31 1,203.181 560.398 527.218
2021-12-31 1,203.181 560.398 527.218
2021-09-30 990.081 412.598 348.773

GOGL's Quality Factors

The “Quality” component of the POWR Ratings focuses on 31 different factors of a companies fundamentals and operational strength. Here are some key insights as we drill into the specifics of these quality attributes.
  • GOGL has a Quality Grade of D, ranking ahead of 16.6% of graded US stocks.
  • GOGL's asset turnover comes in at 0.265 -- ranking 76th of 137 Transportation stocks.
  • DSKE, HTLD, and DAC are the stocks whose asset turnover ratios are most correlated with GOGL.

The table below shows GOGL's key quality metrics over time.

Period Asset Turnover Gross Margin ROIC
2021-06-30 0.265 0.412 0.060
2021-06-30 0.265 0.412 0.060
2021-03-31 0.226 0.329 0.025
2020-12-31 0.222 0.256 -0.026
2020-12-31 0.222 0.256 -0.026
2020-09-30 0.244 0.252 -0.020

GOGL Price Target

For more insight on analysts targets of GOGL, see our GOGL price target page. And for a list of of all stocks sorted by upside potential based on analyst target price, see our Top Price Target page.

Average Price Target $11.29 Average Broker Recommendation 1.44 (Moderate Buy)

GOGL Stock Price Chart Interactive Chart >

Price chart for GOGL

GOGL Price/Volume Stats

Current price $8.46 52-week high $16.46
Prev. close $8.32 52-week low $7.24
Day low $8.38 Volume 920,901
Day high $8.58 Avg. volume 3,540,021
50-day MA $8.61 Dividend yield 16.83%
200-day MA $10.97 Market Cap 1.21B

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.


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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.

GOGL - Transactions made under the buy-back programme

Reference is made to the stock announcement on October 4, 2022, where Golden Ocean Group Limited (OSE/NASDAQ: GOGL) announced the commencement of its share buy-back programme of maximum USD 100 million to purchase up to an aggregate of 10,000,000 of the company's common shares in a 12 months period from the announcement. Golden Ocean Group Limited (“GOGL” or the “Company”) announces that the Company has on December 2, 2022, purchased 250,000 of the Company’s own common stocks. 100,000 of the sha

Yahoo | December 5, 2022

Steer Clear of These 10 Dividend Stocks

Here are 10 examples of dividend stocks with high dividend yields but also hold an F-rating in Dividend Grader, indicating that you should stay far, far away from.

Louis Navellier on InvestorPlace | November 26, 2022

Golden Ocean Clocks 27% Revenue Decline In Q3, Declares Dividend

Golden Ocean Group Ltd (NASDAQ: GOGL) reported a third-quarter FY22 sales decline of 27.2% year-on-year to $282.05 million. Reported TCE rates for Capesize and Panamax/Ultramax vessels of $22,658 per day and $23,562 per day, respectively in Q3. The operating expenses increased 18.7% Q/Q to $202.2 million. The operating margin was 36%, and operating income for the quarter fell 34.7% Q/Q to $101.6 million. The company held $132.3 million in cash and equivalents as of September 30, 2022. Cash provi

Yahoo | November 16, 2022

Should You Investigate Golden Ocean Group Limited (NASDAQ:GOGL) At US$9.67?

Golden Ocean Group Limited ( NASDAQ:GOGL ), is not the largest company out there, but it saw a significant share price...

Yahoo | November 16, 2022

GOGL – Q3 2022 Presentation

Please find enclosed the presentation of Golden Ocean Group Limited’s third quarter 2022 results for today’s webcast / conference call at 15:00 CET. Attend by Webcast:Use to the follow link prior to the webcast:GOGL Q3 2022 Webcast Attend by Conference Call:Participants will need to register online prior to the conference call via the link below. Dial-in details will be available when registered. GOGL Q3 2022 Cenference Call A Q&A session will be held after the conference call/webcast. Informati

Yahoo | November 16, 2022

Read More 'GOGL' Stories Here

GOGL Price Returns

1-mo -1.63%
3-mo -1.85%
6-mo -29.89%
1-year 25.33%
3-year 118.77%
5-year 71.25%
YTD 12.39%
2021 135.46%
2020 -19.32%
2019 -0.15%
2018 -18.48%
2017 73.03%

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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