Golden Ocean Group Limited (GOGL) EPS Estimated At $0.09

January 20, 2018 - By Darrin Black

 Golden Ocean Group Limited (GOGL) EPS Estimated At $0.09

Analysts expect Golden Ocean Group Limited (NASDAQ:GOGL) to report $0.09 EPS on February, 14.They anticipate $0.03 EPS change or 50.00 % from last quarter’s $0.06 EPS. GOGL’s profit would be $13.16M giving it 24.81 P/E if the $0.09 EPS is correct. The stock increased 3.00% or $0.26 during the last trading session, reaching $8.93. About 100,438 shares traded. Golden Ocean Group Limited (NASDAQ:GOGL) has risen 93.33% since January 20, 2017 and is uptrending. It has outperformed by 76.63% the S&P500.

Golden Ocean Group Limited (NASDAQ:GOGL) Ratings Coverage

Among 7 analysts covering Golden Ocean Group (NASDAQ:GOGL), 6 have Buy rating, 0 Sell and 1 Hold. Therefore 86% are positive. Golden Ocean Group had 15 analyst reports since September 1, 2015 according to SRatingsIntel. JP Morgan upgraded the shares of GOGL in report on Friday, April 7 to “Overweight” rating. Zacks downgraded the shares of GOGL in report on Tuesday, September 1 to “Buy” rating. The stock of Golden Ocean Group Limited (NASDAQ:GOGL) earned “Neutral” rating by JP Morgan on Thursday, October 15. The stock of Golden Ocean Group Limited (NASDAQ:GOGL) earned “Buy” rating by Nordea on Tuesday, March 22. The rating was upgraded by JP Morgan to “Neutral” on Wednesday, March 1. The stock of Golden Ocean Group Limited (NASDAQ:GOGL) earned “Buy” rating by DNB Markets on Thursday, April 6. As per Tuesday, December 15, the company rating was downgraded by Morgan Stanley. The rating was upgraded by Pareto to “Buy” on Wednesday, March 15. The company was upgraded on Monday, March 7 by DNB Markets. The stock of Golden Ocean Group Limited (NASDAQ:GOGL) earned “Neutral” rating by Clarkson Capital on Tuesday, February 9.

Golden Ocean Group Limited, a shipping company, engages in the transportation of bulk commodities worldwide. The company has market cap of $1.31 billion. It owns and operates a fleet of dry bulk vessels, including Newcastlemax, Capesize, Kamsarmax, Panamax, and Supramax vessels. It currently has negative earnings. The firm transports bulk commodities, such as ores, coal, grains, and fertilizers along worldwide shipping routes.

More notable recent Golden Ocean Group Limited (NASDAQ:GOGL) news were published by: Seekingalpha.com which released: “Golden Ocean: Better Days Ahead” on October 25, 2017, also Globenewswire.com with their article: “GOGL – Buyback of 3.07% Golden Ocean Group Limited Convertible Bond Issue 2014 …” published on December 15, 2017, Seekingalpha.com published: “Golden Ocean Group sells six Ultramax vessels” on September 25, 2017. More interesting news about Golden Ocean Group Limited (NASDAQ:GOGL) were released by: Hellenicshippingnews.com and their article: “Interim Financial Information Golden Ocean Group Limited” published on August 17, 2017 as well as Streetinsider.com‘s news article titled: “Golden Ocean Group Limited (GOGL) Acquires 16 Modern Dry Bulk Ships in ~$412M Deal” with publication date: March 14, 2017.

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