GOGL Stock Overview
Golden Ocean Group Limited, a shipping company, owns and operates a fleet of dry bulk vessels worldwide.
| Snowflake Score | |
|---|---|
| Valuation | 2/6 |
| Future Growth | 3/6 |
| Past Performance | 2/6 |
| Financial Health | 3/6 |
| Dividends | 1/6 |
Rewards
Risk Analysis
Golden Ocean Group Limited Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$14.43 |
| 52 Week High | US$14.81 |
| 52 Week Low | US$6.89 |
| Beta | 1.4 |
| 1 Month Change | 11.86% |
| 3 Month Change | 32.75% |
| 1 Year Change | 67.21% |
| 3 Year Change | 52.78% |
| 5 Year Change | 184.06% |
| Change since IPO | -31.93% |
Recent News & Updates
Golden Ocean Group Stock: What A Strength - More To Come
Apr 27Does Golden Ocean Group (NASDAQ:GOGL) Have A Healthy Balance Sheet?
Apr 11
Golden Ocean Group: Excellent Fleet, Strong Financials And Attractive Yields
Mar 22Is The Good News Priced In For Golden Ocean's Share Price?
Mar 05Recent updates
Golden Ocean Group Stock: What A Strength - More To Come
Apr 27Does Golden Ocean Group (NASDAQ:GOGL) Have A Healthy Balance Sheet?
Apr 11Golden Ocean Group: Excellent Fleet, Strong Financials And Attractive Yields
Mar 22Is The Good News Priced In For Golden Ocean's Share Price?
Mar 05Golden Ocean Group's (NASDAQ:GOGL) Returns Have Hit A Wall
Feb 22Golden Ocean Group Limited's (NASDAQ:GOGL) Price Is Out Of Tune With Revenues
Feb 04Should You Think About Buying Golden Ocean Group Limited (NASDAQ:GOGL) Now?
Jan 07Returns On Capital Are Showing Encouraging Signs At Golden Ocean Group (NASDAQ:GOGL)
Nov 15Golden Ocean Group (NASDAQ:GOGL) Takes On Some Risk With Its Use Of Debt
Oct 27At US$7.67, Is Golden Ocean Group Limited (NASDAQ:GOGL) Worth Looking At Closely?
Oct 05Golden Ocean Group (NASDAQ:GOGL) Might Have The Makings Of A Multi-Bagger
Jul 28Does Golden Ocean Group (NASDAQ:GOGL) Have A Healthy Balance Sheet?
Jul 13Why Golden Ocean Group Limited (NASDAQ:GOGL) Could Be Worth Watching
Jun 28Golden Ocean Group Limited (NASDAQ:GOGL) Shares Could Be 34% Below Their Intrinsic Value Estimate
May 23These 4 Measures Indicate That Golden Ocean Group (NASDAQ:GOGL) Is Using Debt Extensively
Apr 06What Is Golden Ocean Group Limited's (NASDAQ:GOGL) Share Price Doing?
Mar 21Golden Ocean Group (NASDAQ:GOGL) Is Experiencing Growth In Returns On Capital
Feb 16These 4 Measures Indicate That Golden Ocean Group (NASDAQ:GOGL) Is Using Debt Reasonably Well
Jan 01Is There Now An Opportunity In Golden Ocean Group Limited (NASDAQ:GOGL)?
Dec 17We Like These Underlying Return On Capital Trends At Golden Ocean Group (NASDAQ:GOGL)
Nov 17Golden Ocean Should Remain Profitable Even With Decreased TCE Rates
Oct 17Golden Ocean Group - Buy The Pullback In This Leading Dry Bulk Shipper
Oct 06Is Golden Ocean Group (NASDAQ:GOGL) Using Too Much Debt?
Sep 22Golden Ocean Group: Eradicating COVID-19 From China Is About To Hurt
Sep 16Golden Ocean Group: Don't Fear This Pullback - It's Time To Be Brave And Buy More
Sep 09Is Golden Ocean Group Limited (NASDAQ:GOGL) Potentially Undervalued?
Sep 06Golden Ocean goes ex-dividend on Tuesday
Sep 02Golden Ocean Q2 2022 Earnings Preview
Aug 24Golden Ocean Group: Grab This Buying Opportunity Before Its Q2 Earnings
Aug 092 High-Yield Dividend Monsters To Strike Down Stagflation
Jul 20Golden Ocean Group (NASDAQ:GOGL) Is Experiencing Growth In Returns On Capital
Jul 15Golden Ocean Group: Abandon Ship, The Best Days Are Over
Jul 10Shipping Is Always Volatile - Golden Ocean CEO Ulrik Anderson
Jun 28Is It Too Late To Consider Buying Golden Ocean Group Limited (NASDAQ:GOGL)?
Jun 08Golden Ocean Vs. Star Bulk Carriers: Latter Is Still A Better Buy
Jun 07New Forecasts: Here's What Analysts Think The Future Holds For Golden Ocean Group Limited (NASDAQ:GOGL)
May 213 Best Shipping Stocks To Buy Amid The Global Shipping Crisis
May 18Golden Ocean: It Does Look Like Stars Are Aligning
May 03Golden Ocean: Still A Long Way To Go Before It Reaches The Top
Apr 27Shareholder Returns
| GOGL | US Shipping | US Market | |
|---|---|---|---|
| 7D | 4.0% | 2.1% | 1.6% |
| 1Y | 67.2% | 41.4% | 25.1% |
Return vs Industry: GOGL exceeded the US Shipping industry which returned 41.5% over the past year.
Return vs Market: GOGL exceeded the US Market which returned 23.9% over the past year.
Price Volatility
| GOGL volatility | |
|---|---|
| GOGL Average Weekly Movement | 4.5% |
| Shipping Industry Average Movement | 4.5% |
| Market Average Movement | 6.1% |
| 10% most volatile stocks in US Market | 16.7% |
| 10% least volatile stocks in US Market | 3.0% |
Stable Share Price: GOGL's share price has been volatile over the past 3 months.
Volatility Over Time: GOGL's weekly volatility (4%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| n/a | 38 | Lars-Christian Svensen | www.goldenocean.bm |
Golden Ocean Group Limited, a shipping company, owns and operates a fleet of dry bulk vessels worldwide. The company’s dry bulk vessels comprise Newcastlemax, Capesize, and Panamax vessels operating in the spot and time charter markets. It also transports a range of bulk commodities, including ores, coal, grains, and fertilizers.
Golden Ocean Group Limited Fundamentals Summary
| GOGL fundamental statistics | |
|---|---|
| Market cap | US$2.88b |
| Earnings (TTM) | US$112.27m |
| Revenue (TTM) | US$885.77m |
25.7x
P/E Ratio3.3x
P/S RatioIs GOGL overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| GOGL income statement (TTM) | |
|---|---|
| Revenue | US$885.77m |
| Cost of Revenue | US$540.34m |
| Gross Profit | US$345.43m |
| Other Expenses | US$233.16m |
| Earnings | US$112.27m |
Last Reported Earnings
Dec 31, 2023
Next Earnings Date
May 31, 2024
| Earnings per share (EPS) | 0.56 |
| Gross Margin | 39.00% |
| Net Profit Margin | 12.67% |
| Debt/Equity Ratio | 59.2% |
How did GOGL perform over the long term?
See historical performance and comparison