Flex Lng Ltd [FLNG] stock prices are up 1.49% to $27.17 at the moment. An important factor to consider is whether the stock is rising or falling in short-term value. The FLNG shares have gain 5.19% over the last week, with a monthly amount glided 6.30%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Flex Lng Ltd [NYSE: FLNG] stock has seen the most recent analyst activity on August 14, 2024, when Jefferies upgraded its rating to a Hold but kept the price target unchanged to $24 for it. Previously, Jefferies downgraded its rating to Underperform on February 27, 2024, and dropped its price target to $23. On February 16, 2023, downgrade downgraded it’s rating to Hold. Jefferies started tracking the stock assigning a Hold rating and suggested a price target of $26 on July 21, 2022.
The stock price of Flex Lng Ltd [FLNG] has been fluctuating between $19.46 and $27.64 over the past year. Currently, Wall Street analysts expect the stock to reach $24 within the next 12 months. Flex Lng Ltd [NYSE: FLNG] shares were valued at $27.17 at the most recent close of the market. An investor can expect a potential drop of -11.67% based on the average FLNG price forecast.
Analyzing the FLNG fundamentals
The Flex Lng Ltd [NYSE:FLNG] reported sales of 355.84M for trailing twelve months, representing a surge of 1.52%. Gross Profit Margin for this corporation currently stands at 0.57% with Operating Profit Margin at 0.54%, Pretax Profit Margin comes in at 0.28%, and Net Profit Margin reading is 0.28%. To continue investigating profitability, this company’s Return on Assets is posted at 0.04, Equity is 0.13 and Total Capital is 0.08. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of2.3.
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 26.87 points at the first support level, and at 26.58 for the second support level. However, for the 1st resistance point, the stock is sitting at 27.47, and for the 2nd resistance point, it is at 27.78.
Ratios To Look Out For
It’s worth pointing out that Flex Lng Ltd [NYSE:FLNG]’s Current Ratio is 2.84. On the other hand, the Quick Ratio is 2.81, and the Cash Ratio is 2.49. Considering the valuation of this stock, the price to sales ratio is 4.06, the price to book ratio is 1.93 and price to earnings (TTM) ratio is 14.81.
Transactions by insiders
Recent insider trading involved Sakmar Susan, Director, that happened on Apr 17 ’25 when 10338.0 shares were purchased.
