While Golar Lng has overperformed by 0.13%, investors are advised to look at stock chart patterns for technical insight. Within its last year performance, GLNG rose by 53.75%, with highs and lows ranging from $44.36 to $23.96, whereas the simple moving average jumped by 0.88% in the last 200 days.
On February 19, 2025, DNB Markets Downgraded Golar Lng (NASDAQ: GLNG) to Hold. BofA Securities September 29, 2022d the rating to Buy on September 29, 2022, and set its price target from $23 to $29. Jefferies initiated its ‘Buy’ rating for GLNG, as published in its report on April 27, 2022. BofA Securities’s report from March 03, 2022 suggests a price prediction of $19.50 for GLNG shares, giving the stock a ‘Neutral’ rating. BofA Securities also rated the stock as ‘Underperform’.
Analysis of Golar Lng (GLNG)
A return on investment can be expected regardless of GLNG’s performance over the next quarter with the dividend set at $1.00 per share. Further, the quarter-over-quarter decrease in sales is -17.27%, showing a negative trend in the upcoming months.
To gain a thorough understanding of Golar Lng’s future performance, several well-rounded types of analysis and research techniques can be used, with equity being among the most crucial. The goal here is to ensure that your current return on equity of 2.43% is sufficient for you to turn a profit off your investment. Taking into account the quick ratio of the company, currently set at 0.88, you can see that the company can cover any debts it may have, which can easily be seen in the annual report of the company.
It is also very valuable to look at average volume as an indicator of volatility for a stock, and GLNG is recording an average volume of 1.52M. On a monthly basis, the volatility of the stock is set at 4.57%, whereas on a weekly basis, it is put at 3.92%, with a loss of -6.60% over the past seven days. Furthermore, long-term investors anticipate a median target price of $46.67, showing growth from the present price of $37.10, which can serve as yet another indication of whether GLNG is worth investing in or should be passed over.
How Do You Analyze Golar Lng Shares?
A leading company in the Oil & Gas Midstream sector, Golar Lng (GLNG) is based in the Bermuda. When comparing Golar Lng shares with other companies under Energy, the P/E value is an influential factor to note. This is because it represents an indication of the future growth of the company in terms of investors’ expectations. Ultimately, the value of the latter should demonstrate steady, rapid growth, which is an accurate measure of the company’s progress. In addition to the value of 34.98, there is a growth in quarterly earnings of 110.19%.
The number of employees owning shares of the company should also be considered in addition to the fundamentals. This is because the values should be in line with investors’ expectations. As such, the current holdings of company stock inside the company are set at 16.19%. This can enable you to see the extent to which executives own the company’s stock. As opposed to executive stock, institutional ownership accounts for 75.26% of the company’s shares, contributing to an indication of company value, since large shareholders may signify strength within the organization.
GLNG shares are owned by institutional investors to the tune of 75.26% at present.
