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

Golden Ocean Group Limited (GOGL): $7.93

0.21 (+2.72%)

POWR Rating

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Industry: Shipping




#44 of 44

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GOGL Price/Volume Stats

Current price $7.93 52-week high $10.58
Prev. close $7.72 52-week low $6.89
Day low $7.83 Volume 1,291,494
Day high $7.95 Avg. volume 1,548,524
50-day MA $7.48 Dividend yield 5.2%
200-day MA $8.47 Market Cap 1.59B

GOGL Stock Price Chart Interactive Chart >


  • GOGL scores best on the Momentum dimension, with a Momentum rank ahead of 78.68% of US stocks.
  • The strongest trend for GOGL is in Quality, which has been heading down over the past 177 days.
  • GOGL's current lowest rank is in the Growth metric (where it is better than 1.12% of US stocks).

GOGL Stock Summary

  • Of note is the ratio of GOLDEN OCEAN GROUP LTD's sales and general administrative expense to its total operating expenses; just 4.86% of US stocks have a lower such ratio.
  • For GOGL, its debt to operating expenses ratio is greater than that reported by 93.02% of US equities we're observing.
  • Revenue growth over the past 12 months for GOLDEN OCEAN GROUP LTD comes in at -30.33%, a number that bests merely 8.66% of the US stocks we're tracking.
  • Stocks that are quantitatively similar to GOGL, based on their financial statements, market capitalization, and price volatility, are LAND, DHC, UNIT, AQN, and CWEN.
  • Visit GOGL's SEC page to see the company's official filings. To visit the company's web site, go to

GOGL Valuation Summary

  • In comparison to the median Industrials stock, GOGL's EV/EBIT ratio is 34.39% lower, now standing at 10.3.
  • Over the past 243 months, GOGL's price/sales ratio has gone down 2.3.

Below are key valuation metrics over time for GOGL.

Stock Date P/S P/B P/E EV/EBIT
GOGL 2023-09-19 1.6 0.8 7.7 10.3
GOGL 2023-09-18 1.6 0.8 7.6 10.3
GOGL 2023-09-15 1.6 0.8 7.7 10.3
GOGL 2023-09-14 1.6 0.8 7.7 10.4
GOGL 2023-09-13 1.6 0.8 7.5 10.2
GOGL 2023-09-12 1.6 0.8 7.4 10.2

GOGL Growth Metrics

    Its 2 year cash and equivalents growth rate is now at -9.91%.
  • Its year over year cash and equivalents growth rate is now at -64.78%.
  • The 3 year cash and equivalents growth rate now stands at -41.89%.
Over the past 49 months, GOGL's revenue has gone up $614,205,000.

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)

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.

Company News for Aug 30, 2023

Companies in The News Are: BBY,SJM,GOGL,BNS

Yahoo | August 30, 2023

Golden Ocean Group Limited (NASDAQ:GOGL) Q2 2023 Earnings Call Transcript

Golden Ocean Group Limited (NASDAQ:GOGL) Q2 2023 Earnings Call Transcript August 29, 2023 Operator: Good day, and thank you for standing by. Welcome to the Second Quarter 2023 Golden Ocean Group Limited Earnings Conference Call. [Operator Instructions] Please be advised today’s conference is being recorded. I would now like to hand the conference over to […]

Yahoo | August 30, 2023

GOGL – Q2 2023 Presentation

Please find enclosed the presentation of Golden Ocean Group Limited’s second quarter 2023 results for today’s webcast / conference call at 15:00 CEST. Attend by Webcast: Use the follow link prior to the webcast: GOGL Q2 2023 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 Q2 2023 Conference Call A Q&A session will be held after the conference call/webcast. Informa

Yahoo | August 29, 2023

Golden Ocean Group (GOGL) Q2 Earnings and Revenues Beat Estimates

Golden Ocean Group (GOGL) delivered earnings and revenue surprises of 44.44% and 9.29%, respectively, for the quarter ended June 2023. Do the numbers hold clues to what lies ahead for the stock?

Yahoo | August 29, 2023

GOGL – Second Quarter 2023 Results

Golden Ocean Group Limited (NASDAQ/OSE: GOGL) (the “Company” or “Golden Ocean”), the world's largest listed owner of large size dry bulk vessels, today announced its unaudited results for the quarter ended June 30, 2023. Highlights Net income of $34.9 million and earnings per share of $0.17 (basic) for the second quarter of 2023. This compares with a net loss of $8.8 million and loss per share of $0.04 (basic) for the first quarter of 2023.Adjusted EBITDA of $80.4 million for the second quarter

Yahoo | August 29, 2023

Read More 'GOGL' Stories Here

GOGL Price Returns

1-mo 16.48%
3-mo 9.06%
6-mo -14.47%
1-year 8.13%
3-year 225.88%
5-year 33.48%
YTD -4.46%
2022 15.44%
2021 135.46%
2020 -19.32%
2019 -0.16%
2018 -20.17%

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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