EPS for Golden Ocean Group Limited (GOGL) Expected At $0.09

January 14, 2018 - By Dolores Ford

 EPS for Golden Ocean Group Limited (GOGL) Expected 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 $13.16 million giving it 24.83 P/E if the $0.09 EPS is correct. The stock increased 1.59% or $0.14 during the last trading session, reaching $8.94. About 173,560 shares traded. Golden Ocean Group Limited (NASDAQ:GOGL) has risen 93.33% since January 14, 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. On Thursday, October 15 the stock rating was initiated by JP Morgan with “Neutral”. Pareto upgraded the stock to “Buy” rating in Wednesday, March 15 report. The stock has “Buy” rating by DNB Markets on Thursday, April 6. The stock has “Neutral” rating by JP Morgan on Wednesday, March 1. JP Morgan upgraded Golden Ocean Group Limited (NASDAQ:GOGL) rating on Friday, April 7. JP Morgan has “Overweight” rating and $14 target. The firm has “Buy” rating given on Tuesday, September 1 by Zacks. As per Tuesday, December 15, the company rating was downgraded by Morgan Stanley. Nordea upgraded Golden Ocean Group Limited (NASDAQ:GOGL) on Tuesday, March 22 to “Buy” rating. The company was upgraded on Tuesday, March 28 by Morgan Stanley. The firm earned “Buy” rating on Monday, March 7 by DNB Markets.

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 Zacks.com with their article: “Why Golden Ocean Group Limited (GOGL) Could Shock the Market Soon April 21, 2017” published on April 21, 2017, Hellenicshippingnews.com published: “Interim Financial Information Golden Ocean Group Limited” on August 17, 2017. More interesting news about Golden Ocean Group Limited (NASDAQ:GOGL) were released by: Hellenicshippingnews.com and their article: “Golden Ocean Group Ltd (GOGL) Upgraded to “Overweight” at Morgan Stanley” published on April 26, 2017 as well as Globenewswire.com‘s news article titled: “GOGL – Buyback of 3.07% Golden Ocean Group Limited Convertible Bond Issue 2014 …” with publication date: December 15, 2017.

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