The price of GOGL is predicted to go up 1.47%, based on the high correlation periods with HSHP. The similarity of these two price pattern on the periods is 90.78%.
GOGL
HSHP
Up: 1.47%Similarity: 90.78%
GOGL Revenue Forecast
GOGL EPS Forecast
GOGL FAQs
What is bull’s view on GOGL?
GOGL stock is currently trading at $8.84, near its 52-week low of $8.52, with an RSI of 29.8 indicating oversold conditions and potential for a rebound. Analysts highlight its attractive valuation with a P/E of 8.3 and a dividend yield of 9.9%, supported by a share buyback program. Bullish investors may view this as an opportunity, targeting a recovery towards $12-$13 based on historical performance and analyst price targets.
What is bear's view on GOGL?
GOGL stock is bearish as it trades near its 52-week low of $8.52, currently at $8.84, reflecting a significant decline from its $15.77 high. The RSI of 29.8 indicates oversold conditions, but weak freight rates and economic uncertainties, especially in China, weigh heavily on the stock. Analysts have downgraded the stock, with price targets around $12, citing underperformance in smaller vessels and limited upside.
What is GOGL revenue forecast for next quarter?
The market consensus for GOGL's revenue in the upcoming quarter is projected to be approximately $144.867M USD.
What is GOGL eps forecast for next quarter?
The market consensus for GOGL's eps in the upcoming quarter is projected to be approximately $0.093 USD.
Pareto downgraded Golden Ocean to Hold from Buy with a $12.50 price target. The firm says that while the company's "stellar" capsize fleet is performing well, smaller vessels have underperformed. It cut estimates into the Q3 print on November and notes Golden Ocean shares no longer offer a significant discount to net asset value.