Best Value Stocks to Buy for July 3rd
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jul 03 2024
0mins
Source: NASDAQ.COM
- Cool Company Ltd. CLCO: Liquefied natural gas carriers company with Zacks Rank #1, showing a 10.7% increase in earnings estimate over the last 60 days.
- ITOCHU Corporation ITOCY: Import and export trading company with Zacks Rank #1, experiencing a 4.2% rise in earnings estimate over the last 60 days.
- Mondi plc MONDY: Packaging and paper solutions company with Zacks Rank #1, witnessing a 12.7% growth in earnings estimate over the last 60 days.
- Zacks Investment Research Offer: Offering access to all picks for $1, providing insights into various portfolio services like Surprise Trader and Technology Innovators.
- Free Stock Analysis Reports: Available for Itochu Corp., Mondi plc, and Cool Company Ltd. on Zacks.com.
Analyst Views on CLCO
Wall Street analysts forecast CLCO stock price to fall over the next 12 months. According to Wall Street analysts, the average 1-year price target for CLCO is 9.65 USD with a low forecast of 9.65 USD and a high forecast of 9.65 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
1 Analyst Rating
0 Buy
1 Hold
0 Sell
Hold
Current: 9.670
Low
9.65
Averages
9.65
High
9.65
Current: 9.670
Low
9.65
Averages
9.65
High
9.65
About CLCO
Cool Company Ltd. is a pure play liquefied natural gas (LNG) carrier with a fleet of over 13 vessels and a portfolio of short and longer-term charters with oil and gas, trading, and utility companies. Through its in-house LNG transportation and infrastructure management platform, it operates its own vessels and provides management services to third party owners. Its fleet consists of approximately nine tri-fuel diesel electric (TFDE) LNG carriers (LNGCs), namely the Kool Husky, Kool Crystal, Kool Frost, Kool Glacier, Kool Ice, Kool Kelvin, Kool Blizzard, Kool Boreas and Kool Baltic; two modern two-stroke namely the Kool Orca and the Kool Firn; and two newbuild two-stroke LNGCs namely the Kool Tiger and the GAIL Sagar. The Company manages LNGCs and floating storage and regasification units (FSRUs). It provides the services of its owned ships under time charters. Its customers are LNG producers, commodity traders, and gas companies.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
