Golar Lng [GLNG] stock prices are up 2.17% to $38.13 at the moment. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The GLNG shares have gain 14.20% over the last week, with a monthly amount glided 2.50%, and 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.
The stock price of Golar Lng [GLNG] has been fluctuating between $24.42 and $44.36 over the past year. Currently, Wall Street analysts expect the stock to reach $49.63 within the next 12 months. Golar Lng [NASDAQ: GLNG] shares were valued at $38.13 at the most recent close of the market. An investor can expect a potential return of 30.16% based on the average GLNG price forecast.
Analyzing the GLNG fundamentals
The Golar Lng [NASDAQ:GLNG] reported sales of 260.37M for trailing twelve months, representing a drop of -17.27%. Gross Profit Margin for this corporation currently stands at 0.36% with Operating Profit Margin at 0.21%, Pretax Profit Margin comes in at 0.32%, and Net Profit Margin reading is 0.19%. To continue investigating profitability, this company’s Return on Assets is posted at 0.01, Equity is 0.02 and Total Capital is 0.02. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.72.
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 37.61 points at the first support level, and at 37.09 for the second support level. However, for the 1st resistance point, the stock is sitting at 38.48, and for the 2nd resistance point, it is at 38.83.
Ratios To Look Out For
It’s worth pointing out that Golar Lng [NASDAQ:GLNG]’s Current Ratio is 0.88. Further, the Quick Ratio stands at 0.88, while the Cash Ratio is 0.69. Considering the valuation of this stock, the price to sales ratio is 15.32, the price to book ratio is 1.98 and price to earnings (TTM) ratio is 35.95.
