(GOGL) Golden Ocean - Ratings and Ratios
Exchange: NASDAQ • Country: Bermuda • Currency: USD • Type: Common Stock • ISIN: BMG396372051
GOGL: Ores, Coal, Grains, Fertilizers
Golden Ocean Group Limited is a shipping company that owns and operates a sizable fleet of dry bulk vessels, which are deployed worldwide to transport a wide range of bulk commodities. These commodities include ores, coal, grains, and fertilizers, among others, and are essential to various industries such as construction, manufacturing, and agriculture. The company's fleet is composed of different types of vessels, including Newcastlemax, Capesize, and Panamax vessels, each designed to navigate specific routes and handle particular cargo volumes.
The company's vessels operate in both the spot and time charter markets, providing flexibility in terms of deployment and revenue streams. In the spot market, vessels are chartered for a single voyage, allowing for quick responses to changing market conditions. In contrast, time charter arrangements involve leasing vessels for a specified period, offering a more stable source of income. As of the latest available data, Golden Ocean Group Limited's fleet consisted of 83 dry bulk vessels, positioning the company as a significant player in the global marine transportation sector.
Golden Ocean Group Limited is headquartered in Hamilton, Bermuda, and its operations are managed from this location. The company is publicly traded, with its common stock listed on the NASDAQ exchange under the ticker symbol GOGL. Its ISIN, BMG396372051, is a unique identifier used for trading and clearing purposes. Classified under the GICS Sub Industry of Marine Transportation, Golden Ocean Group Limited falls within a broader category of companies that provide water transportation services, including deep sea freight transportation. More information about the company can be found on its official website, https://www.goldenocean.bm, which offers insights into its operations, fleet, and financial performance.
Additional Sources for GOGL Stock
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Fund Manager Positions: Dataroma Stockcircle
GOGL Stock Overview
Market Cap in USD | 1,787m |
Sector | Industrials |
Industry | Marine Shipping |
GiC Sub-Industry | Marine Transportation |
IPO / Inception | 1997-02-06 |
GOGL Stock Ratings
Growth 5y | 65.2% |
Fundamental | 51.6% |
Dividend | 73.3% |
Rel. Strength Industry | -140 |
Analysts | 4.2/5 |
Fair Price Momentum | 10.15 USD |
Fair Price DCF | 39.62 USD |
GOGL Dividends
Dividend Yield 12m | 13.45% |
Yield on Cost 5y | 45.11% |
Annual Growth 5y | 88.82% |
Payout Consistency | 61.1% |
GOGL Growth Ratios
Growth Correlation 3m | -77.5% |
Growth Correlation 12m | -37.2% |
Growth Correlation 5y | 86.7% |
CAGR 5y | 27.42% |
CAGR/Mean DD 5y | 1.23 |
Sharpe Ratio 12m | -0.08 |
Alpha | -28.60 |
Beta | 0.90 |
Volatility | 34.40% |
Current Volume | 1903.9k |
Average Volume 20d | 1377.6k |
As of January 22, 2025, the stock is trading at USD 8.92 with a total of 1,903,913 shares traded.
Over the past week, the price has changed by -4.39%, over one month by -0.56%, over three months by -16.21% and over the past year by -4.38%.
Partly, yes. Based on ValueRay Fundamental Analyses, Golden Ocean (NASDAQ:GOGL) is currently (January 2025) ok to buy, but has to be watched. It has a ValueRay Fundamental Rating of 51.60 and therefor a somewhat positive outlook according to the companies health.
Based on ValueRays Analyses, Dividends and Discounted-Cash-Flow, the Fair Value of GOGL as of January 2025 is 10.15. This means that GOGL is currently undervalued and has a potential upside of +13.79% (Margin of Safety).
Golden Ocean has received a consensus analysts rating of 4.20. Therefor, it is recommend to buy GOGL.
- Strong Buy: 3
- Buy: 0
- Hold: 2
- Sell: 0
- Strong Sell: 0
According to ValueRays Forecast Model, GOGL Golden Ocean will be worth about 11 in January 2026. The stock is currently trading at 8.92. This means that the stock has a potential upside of +23.32%.
Issuer | Forecast | Upside |
---|---|---|
Wallstreet Target Price | 13.8 | 54.6% |
Analysts Target Price | 13.8 | 54.6% |
ValueRay Target Price | 11 | 23.3% |