A share price of Golar Lng [GLNG] is currently trading at $32.69, down -3.97%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The GLNG shares have lost -1.15% over the last week, with a monthly amount drifted -18.98%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Golar Lng [NASDAQ: GLNG] stock has seen the most recent analyst activity on February 19, 2025, when DNB Markets downgraded its rating to a Hold. On August 16, 2023, downgrade downgraded it’s rating to Peer Perform. BofA Securities upgraded its rating to a Buy and increased its price target to $29 on September 29, 2022. BofA Securities upgraded its rating to Neutral for this stock on March 03, 2022, and upped its price target to $19.50. In a note dated April 13, 2021, BofA Securities downgraded an Underperform rating on this stock.
Golar Lng experienced fluctuations in its stock price throughout the past year between $23.06 and $44.36. Currently, Wall Street analysts expect the stock to reach $49.63 within the next 12 months. Golar Lng [NASDAQ: GLNG] shares were valued at $32.69 at the most recent close of the market. An investor can expect a potential return of 51.82% based on the average GLNG price forecast.
Analyzing the GLNG fundamentals
Trailing Twelve Months sales for Golar Lng [NASDAQ:GLNG] were 260.37M which represents -17.27% decline. Gross Profit Margin for this corporation currently stands at 0.38% with Operating Profit Margin at 0.3%, Pretax Profit Margin comes in at 0.15%, and Net Profit Margin reading is 0.05%. To continue investigating profitability, this company’s Return on Assets is posted at 0.0, Equity is 0.01 and Total Capital is 0.02. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.7.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 32.10 points at the first support level, and at 31.51 for the second support level. However, for the 1st resistance point, the stock is sitting at 33.77, and for the 2nd resistance point, it is at 34.85.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Golar Lng [NASDAQ:GLNG] is 0.94. In addition, the Quick Ratio stands at 1.55 and the Cash Ratio stands at 1.24. Considering the valuation of this stock, the price to sales ratio is 13.13, the price to book ratio is 1.70 and price to earnings (TTM) ratio is 30.83.
