On May, 23 Golden Ocean Group Limited (GOGL) Analysts See $0.03 EPS

May 16, 2018 - By Megan Stone

Golden Ocean Group Limited (NASDAQ:GOGL) Corporate Logo

On May, 23 WallStreet anticipated Golden Ocean Group Limited (NASDAQ:GOGL)’s earnings release, as reported by Faxor. Analysts predict $0.03 EPS. That’s $0.20 up or 117.65 % from 2017’s earnings of $-0.17. GOGL’s profit could reach $4.33M with 70.00 P/E in case $0.03 EPS is revealed. Analysts at Wall Street see Golden Ocean Group Limited’s -84.21 % negative EPS growth compared to $0.19 EPS for last quarter. The stock decreased 0.71% or $0.06 during the last trading session, touching $8.4.Currently Golden Ocean Group Limited is uptrending after 7.95% change in last May 16, 2017. GOGL has also 120,923 shares volume. GOGL underperformed the S&P500 by 3.60%.

Golden Ocean Group Limited (NASDAQ:GOGL) Ratings Coverage

Total analysts of 2 have positions in Golden Ocean Group (NASDAQ:GOGL) as follows: 1 rated it a “Buy”, 0 with “Sell” and 1 with “Hold”. The positive are 50%. Since February 12, 2018 according to StockzIntelligence Inc Golden Ocean Group has 4 analyst reports. On Wednesday, February 21 Morgan Stanley maintained the shares of GOGL in report with “Equal-Weight” rating. On Friday, March 23 the rating was maintained by JP Morgan with “Overweight”. On Monday, February 12 Morgan Stanley downgraded the shares of GOGL in report to “Equal-Weight” rating. On Tuesday, April 17 the stock of Golden Ocean Group Limited (NASDAQ:GOGL) earned “Equal-Weight” rating by Morgan Stanley.

Golden Ocean Group Limited, a shipping company, engages in the transportation of bulk commodities worldwide.The firm is valued at $1.21 billion. It owns and operates a fleet of dry bulk vessels, including Newcastlemax, Capesize, Kamsarmax, Panamax, and Supramax vessels.Last it reported negative earnings. The firm transports bulk commodities, such as ores, coal, grains, and fertilizers along worldwide shipping routes.

Another two news for Golden Ocean Group Limited (NASDAQ:GOGL) were briefly released by: Benzinga.com on April 18, 2018 with title “24 Stocks Moving In Wednesday’s Pre-Market Session”. The other Benzinga.com‘s article was titled “28 Stocks Moving In Tuesday’s Pre-Market Session” and released on April 24, 2018.

Golden Ocean Group Limited (NASDAQ:GOGL) Analyst Ratings Chart

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