Commodity Channel Index
|Bid||6.30 x 800|
|Ask||7.50 x 1300|
|Day's Range||6.81 - 7.44|
|52 Week Range||4.54 - 18.75|
|Beta (5Y Monthly)||0.63|
|PE Ratio (TTM)||N/A|
|Earnings Date||Aug 27, 2020 - Aug 31, 2020|
|Forward Dividend & Yield||N/A (N/A)|
|Ex-Dividend Date||Jun 12, 2019|
|1y Target Est||15.35|
Golar LNG (GLNG) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
Horos Asset Management recently released its Q1 2020 Investor Letter, a copy of which you can download here. Horos Value Iberia fell by -35.1% compared to -27.6% of its benchmark index. On the other hand, Horos Value Internacional was down by -30.2% compared to -19.6% of its benchmark index. You should check out Horos Asset […]
For many investors, the main point of stock picking is to generate higher returns than the overall market. But the...
In this article you are going to find out whether hedge funds think SmartFinancial, Inc. (NASDAQ:SMBK) is a good investment right now. We like to check what the smart money thinks first before doing extensive research on a given stock. Although there have been several high profile failed hedge fund picks, the consensus picks among […]
Shareholders of Golar LNG Limited (NASDAQ:GLNG) will be pleased this week, given that the stock price is up 11% to...
Casinos are just starting to open back up following COVID-19 shutdowns, but it may still be a while before some gamblers are willing to venture back to Vegas or even their local casino. Sports gamblers are still waiting for the return of Major League Baseball and other pro and college sports leagues.In the meantime, some gamblers are looking to get their thrills in the stock market. But as many new traders learn the hard way, placing bets on the wrong stocks can be just as costly as picking the wrong horse at the racetrack.Here are eight Bank of America buy-rated stocks that have high volatility ratings and at least 40% upside to analyst price targets.Golar LNG (NASDAQ: GLNG) Golar LNG owns and operates one of the largest independent liquid natural gas carriers and floating storage fleets in the world.Analyst Ken Hoexter says Golar is a leader in the LNG transport and energy infrastructure business, and it has advantages over many of its competitors due to its more diversified offerings. In addition, Bank of America is bullish on long-term LNG prices as more terminals in Australia, Russia and the U.S. come online this year. Hoexter says there is upside to the company's Golar Power EBITDA over the next two years.Bank of America has a Buy rating and $15 price target for GLNG stock.Gossamer Bio Inc (NASDAQ: GOSS) Gossamer Bio is a biotech company with a pipeline of clinical and preclinical drug candidates focused on immunology, inflammation and oncology.Analyst Geoff Meacham said in March that Gossamer has several clinical candidates that have the potential to have massive total addressable markets treating a wide range of common conditions, including asthma and pulmonary arterial hypertension. Meacham said the company has a long list of potential near-term catalysts ahead that could potentially de-risk the stock and generate significant upside. He said data on BG001 in asthma is likely the biggest catalyst ahead.Bank of America has a Buy rating and $26 price target for GOSS stock.See Also: 7 Sin Stocks To Buy During The Coronavirus ShutdownLexinFintech Holdings Ltd - ADR (NASDAQ: LX) Lexin Fintech is an online consumer financing platform geared toward educated young adults in China.Analyst Eddie Lueng recently said he expects the company will shift gears from user growth in the second half of 2019 to optimizing its user acquisitions in the first half of 2020 due to the pandemic. Lueng says the company has a relatively sticky user base compared to its peers, and it's also exposed to less regulatory risk. Its user base of around 5 million people is only about 5% penetration of China's educated young adult demographic.Bank of America has a Buy rating and $19.80 price target for LX stock.Millicom International Cellular SA (NASDAQ: TIGO) Millicom is a telecom provider for nearly 50 million customers in Latin America and Africa.Analyst Rodrigo Villanueva recently said management took decisive action in preparing for the economic downturn by implementing more than $100 million in cost savings, cutting between $200 million and $300 million in capex, suspending $100 million in 2020 dividend payments and pausing $150 million in buybacks. Villanuava says prioritizing liquidity and cash is the right move, and the company's subscription-based revenue should prove relatively resilient during the downturn while the stock's valuation provides long-term upside.Bank of America has a Buy rating and $56 price target for TIGO stock.GW Pharmaceuticals PLC- ADR (NASDAQ: GWPH) GW Pharmaceuticals is a biopharmaceutical company that focuses primarily on developing cannabinoid-based drugs for a wide variety of applications. GW's Epidiolex was the first ever cannabis-based medication ever approved by the FDA.Analyst Tazeen Ahmad recently said Epidiolex's label could soon expand beyond epilepsy to tuberous sclerosis complex in the U.S., while launches in countries like Germany, the UK, France, Spain and Italy are also driving near-term revenue upside. Ahmad said Epidiolex's sales trajectory up to this point has been impressive and has closely tracked the results of Bank of America's previous doctor surveys.Bank of America has a Buy rating and $230 price target for GWPH stock.NextCure Inc (NASDAQ: NXTC) NextCure is a clinical stage biotech company developing cancer treatments.Analyst Alec Stranahan recently spoke to NextCure management following Bank of America's 2020 Healthcare Conference, and Stranahan said the COVID-19 outbreak has negatively impacted enrollment of the company's ongoing NC318 Phase II testing. In addition, studies of NC410 and NC318 have also been disrupted.Given the delays, Stranahan estimated the highly anticipated Phase II NC318 data will likely now come in the first half of 2021 rather than the fourth quarter of 2020. The massive potential of NC318 and NC410 created home run potential for investors, but the inherent risk in the early-stage trial data generates inherent risk.Bank of America has a Buy rating and $62 price target for NXTC stock.SINA Corp (NASDAQ: SINA) Sina is the owner of leading online social media and wireless value-added service Weibo in China.Leung recently said Sina's ad revenue took a significant hit in the first half of 2020, but the COVID-19 outbreak likely went a long way in highlighting the value of Weibo given the government and media outlets used it to disseminate information. Leung is calling for a 1% drop in revenue in 2020, including a 10% decline in portal ads and a 9% increase in fintech revenue.Like many other stocks, Leung is anticipating a strong recovery in the second half of the year and said user monetization, advertising, membership growth and app improvements are all bullish long-term drivers.Bank of America has a Buy rating and $57 price target for SINA stock.Latest Ratings for GWPH DateFirmActionFromTo May 2020Cantor FitzgeraldMaintainsOverweight Apr 2020Northland Capital MarketsInitiates Coverage OnOutperform Mar 2020CitigroupInitiates Coverage OnBuy View More Analyst Ratings for GWPH View the Latest Analyst Ratings See more from Benzinga * Cannabis Short Sellers Down 1M In May * Cannabis Stock Rally Puts Short Sellers In The Red For 2020(C) 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Shares of Golar LNG (NASDAQ:GLNG) moved higher by 4.3% in pre-market trading after the company reported Q1 results.Quarterly Results Earnings per share were down 160.98% year over year to ($1.07), which may not compare to the estimate of $0.09.Revenue of $122,559,000 rose by 7.24% year over year, which missed the estimate of $139,050,000.Looking Ahead Golar LNG hasn't issued any earnings guidance for the time being.Golar LNG hasn't issued any revenue guidance for the time being.Details Of The Call Date: May 28, 2020View more earnings on GLNGTime: 10:00 AMET Webcast URL: https://edge.media-server.com/mmc/p/ffgxfa69Technicals 52-week high: $19.77Company's 52-week low was at $4.54Price action over last quarter: down 31.73%Company Description Golar LNG Ltd is a midstream LNG company operates in the transportation, regasification, liquefaction and trading of LNG. The segment in which the group operates includes Power, FLNG, and vessel operations. Its vessel operations segment operates and charters out LNG carriers and floating storage regasification units on fixed terms to customers, whereas Power Segment offers integrated LNG based downstream solutions, and FLNG segment includes the costs associated with the conversion of its LNG carrier, the Hilli. The company generates maximum revenue from the Vessel Operations segment.See more from Benzinga * Abercrombie & Fitch: Q1 Earnings Insights * Recap: ReWalk Robotics Q1 Earnings * 14 Technology Stocks Moving In Thursday's Pre-Market Session(C) 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Operations and cash-flow generation remain Covid-19 resilient Iain Ross, CEO, Golar LNG, said: "Golar is pleased to report Q1 operating revenues of $122.6 million and.
First stage of ESG reporting will inform setting of targets in areas of Health, Safety, & Security; Environmental Impact; Energy Efficiency & Innovation; People &.
Golar LNG's 1st Quarter 2020 results will be released before the NASDAQ opens on Thursday May 28, 2020. Due to high Covid-19 related demand for their services, our platform providers highly recommended that participants join the conference call via the listen-only live webcast link provided. Sell-side analysts interested in raising a question during the Q&A session that will immediately follow the presentation should access the event via the conference call dial-in information below.
Hedge funds don't get the respect they used to get. Nowadays investors prefer passive funds over actively managed funds. One thing they don't realize is that 100% of the passive funds didn't see the coronavirus recession coming, but a lot of hedge funds did. Even we published an article near the end of February and […]
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Golar LNG Limited announces that it has filed its Form 20-F for the year ended December 31, 2019 with the Securities and Exchange Commission in the U.S. Form 20-F can be.
Golar LNG Ltd said on Tuesday that it received a force majeure notice from a BP Plc unit seeking to delay taking delivery of a floating liquefied natural gas facility by a year. The notice is the latest force majeure claim issued in the LNG sector that is struggling with a seasonal plunge in demand as well as the spread of the coronavirus outbreak, which has further hammered the consumption of the super-chilled fuel globally.
Gimi MS Corp. (the “Company”), a subsidiary of Golar LNG Ltd (GLNG), received written notification of a force majeure claim (the “Notice”) from BP Mauritania Investments Ltd (“BP”) under the Lease and Operate Agreement, dated February 26, 2019, between the Company and BP (the “Agreement”), relating to the Greater Tortue Ahmeyim project. The Notice received from BP claims that due to the recent outbreak of the novel coronavirus (COVID-19) around the globe, BP is not able to be ready to receive the floating liquefied natural gas facility “GIMI” on the target connection date in 2022. BP estimates at this stage that the consequential delay caused by the claimed force majeure event is in the order of one year and that it is not currently possible to mitigate or shorten this delay.
Get Expert Updates On Markets & Outlook A Pioneering Initiative - Keeping Our Sense Of Community, Information Flow & Industry Connectivity at Capital Link’s 14th.
Golar LNG Limited ("Golar") announces today that Golar Power Limited ("Golar Power"), a joint venture with Stonepeak Infrastructure Partners, has reached COD on the 1.5GW Porto.
NEW YORK, March 19, 2020 -- Capital Link is pleased to announce that the 14th Annual International Shipping Forum will take place as a Digital Forum on Monday, March 30 &.