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Golden Ocean Group (GOGL) Competitors

$14.39
-0.03 (-0.21%)
(As of 05/31/2024 ET)

GOGL vs. INSW, MATX, TGP, HMLP, FRO, STNG, GLNG, TNK, SFL, and TK

Should you be buying Golden Ocean Group stock or one of its competitors? The main competitors of Golden Ocean Group include International Seaways (INSW), Matson (MATX), Teekay LNG Partners (TGP), Höegh LNG Partners (HMLP), Frontline (FRO), Scorpio Tankers (STNG), Golar LNG (GLNG), Teekay Tankers (TNK), SFL (SFL), and Teekay (TK). These companies are all part of the "transportation" sector.

Golden Ocean Group vs.

Golden Ocean Group (NASDAQ:GOGL) and International Seaways (NYSE:INSW) are both mid-cap transportation companies, but which is the better business? We will compare the two companies based on the strength of their earnings, institutional ownership, risk, dividends, valuation, profitability, community ranking, media sentiment and analyst recommendations.

Golden Ocean Group pays an annual dividend of $1.20 per share and has a dividend yield of 8.3%. International Seaways pays an annual dividend of $0.48 per share and has a dividend yield of 0.7%. Golden Ocean Group pays out 129.0% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future. International Seaways pays out 4.5% of its earnings in the form of a dividend.

Golden Ocean Group received 177 more outperform votes than International Seaways when rated by MarketBeat users. Likewise, 60.16% of users gave Golden Ocean Group an outperform vote while only 59.57% of users gave International Seaways an outperform vote.

CompanyUnderperformOutperform
Golden Ocean GroupOutperform Votes
373
60.16%
Underperform Votes
247
39.84%
International SeawaysOutperform Votes
196
59.57%
Underperform Votes
133
40.43%

22.0% of Golden Ocean Group shares are owned by institutional investors. Comparatively, 67.3% of International Seaways shares are owned by institutional investors. 1.9% of International Seaways shares are owned by company insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a stock will outperform the market over the long term.

In the previous week, International Seaways had 1 more articles in the media than Golden Ocean Group. MarketBeat recorded 8 mentions for International Seaways and 7 mentions for Golden Ocean Group. International Seaways' average media sentiment score of 0.72 beat Golden Ocean Group's score of 0.62 indicating that International Seaways is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Golden Ocean Group
3 Very Positive mention(s)
0 Positive mention(s)
1 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Positive
International Seaways
4 Very Positive mention(s)
0 Positive mention(s)
2 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

International Seaways has higher revenue and earnings than Golden Ocean Group. International Seaways is trading at a lower price-to-earnings ratio than Golden Ocean Group, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Golden Ocean Group$935.99M3.07$112.27M$0.9315.47
International Seaways$1.07B2.97$556.45M$10.706.02

Golden Ocean Group currently has a consensus target price of $12.75, suggesting a potential downside of 11.40%. International Seaways has a consensus target price of $63.25, suggesting a potential downside of 1.82%. Given International Seaways' stronger consensus rating and higher possible upside, analysts clearly believe International Seaways is more favorable than Golden Ocean Group.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Golden Ocean Group
0 Sell rating(s)
2 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
2.00
International Seaways
0 Sell rating(s)
0 Hold rating(s)
4 Buy rating(s)
0 Strong Buy rating(s)
3.00

International Seaways has a net margin of 49.88% compared to Golden Ocean Group's net margin of 19.92%. International Seaways' return on equity of 29.74% beat Golden Ocean Group's return on equity.

Company Net Margins Return on Equity Return on Assets
Golden Ocean Group19.92% 8.67% 4.71%
International Seaways 49.88%29.74%19.60%

Golden Ocean Group has a beta of 1.32, suggesting that its stock price is 32% more volatile than the S&P 500. Comparatively, International Seaways has a beta of -0.05, suggesting that its stock price is 105% less volatile than the S&P 500.

Summary

International Seaways beats Golden Ocean Group on 14 of the 20 factors compared between the two stocks.

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New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding GOGL and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

This chart shows the average media sentiment of NASDAQ and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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GOGL vs. The Competition

MetricGolden Ocean GroupWater transportation IndustryTransportation SectorNASDAQ Exchange
Market Cap$2.87B$6.01B$10.35B$7.96B
Dividend Yield8.17%6.28%3.55%4.01%
P/E Ratio15.4720.7421.7418.57
Price / Sales3.079.9522.8991.65
Price / Cash11.236.5315.8531.51
Price / Book1.492.682.164.59
Net Income$112.27M$211.62M$671.06M$213.90M
7 Day Performance-0.76%0.93%0.90%0.87%
1 Month Performance1.84%12.19%6.44%3.60%
1 Year Performance100.70%44.31%20.59%7.91%

Golden Ocean Group Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
INSW
International Seaways
3.2648 of 5 stars
$65.14
+0.0%
$63.25
-2.9%
+74.2%$3.22B$1.07B6.092,698Short Interest ↓
MATX
Matson
3.6075 of 5 stars
$122.89
+1.9%
$120.67
-1.8%
+84.1%$4.29B$3.09B14.494,315
TGP
Teekay LNG Partners
0 of 5 stars
$16.98
flat
N/AN/A$1.48BN/A6.152,020
HMLP
Höegh LNG Partners
0 of 5 stars
$9.24
flat
N/AN/A$308.37M$144.04M6.002,020Analyst Forecast
FRO
Frontline
1.1653 of 5 stars
$29.19
+2.2%
$26.10
-10.6%
+94.6%$6.50B$1.83B9.8978Earnings Report
Dividend Increase
Analyst Forecast
Short Interest ↑
News Coverage
Gap Up
STNG
Scorpio Tankers
2.4512 of 5 stars
$81.47
+0.1%
$80.17
-1.6%
+74.4%$4.45B$1.34B7.5624Positive News
GLNG
Golar LNG
2.8247 of 5 stars
$26.18
-2.6%
$27.00
+3.1%
+24.4%$2.74B$298.43M-60.88470Dividend Announcement
Analyst Forecast
Short Interest ↑
Analyst Revision
News Coverage
TNK
Teekay Tankers
1.5095 of 5 stars
$73.07
+0.8%
$76.00
+4.0%
+98.4%$2.50B$1.36B5.171,590Positive News
SFL
SFL
0.8944 of 5 stars
$14.24
+0.6%
$12.33
-13.4%
+64.9%$1.97B$752.29M14.6821
TK
Teekay
3.5248 of 5 stars
$9.89
+1.0%
N/A+71.2%$899.50M$1.46B6.102,300Short Interest ↓
News Coverage
Positive News

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This page (NASDAQ:GOGL) was last updated on 6/2/2024 by MarketBeat.com Staff

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