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Golden Ocean Group (GOGL) Competitors

Golden Ocean Group logo
$11.83 -0.10 (-0.84%)
(As of 11/20/2024 ET)

GOGL vs. TDW, INSW, TGP, GLNG, STNG, TNK, SFL, TK, NAT, and HMLP

Should you be buying Golden Ocean Group stock or one of its competitors? The main competitors of Golden Ocean Group include Tidewater (TDW), International Seaways (INSW), Teekay LNG Partners (TGP), Golar LNG (GLNG), Scorpio Tankers (STNG), Teekay Tankers (TNK), SFL (SFL), Teekay (TK), Nordic American Tankers (NAT), and Höegh LNG Partners (HMLP).

Golden Ocean Group vs.

Tidewater (NYSE:TDW) and Golden Ocean Group (NASDAQ:GOGL) are both mid-cap oils/energy companies, but which is the better stock? We will contrast the two companies based on the strength of their community ranking, valuation, institutional ownership, risk, earnings, analyst recommendations, dividends, media sentiment and profitability.

Tidewater received 86 more outperform votes than Golden Ocean Group when rated by MarketBeat users. Likewise, 60.93% of users gave Tidewater an outperform vote while only 59.84% of users gave Golden Ocean Group an outperform vote.

CompanyUnderperformOutperform
TidewaterOutperform Votes
460
60.93%
Underperform Votes
295
39.07%
Golden Ocean GroupOutperform Votes
374
59.84%
Underperform Votes
251
40.16%

Tidewater currently has a consensus target price of $102.25, suggesting a potential upside of 102.72%. Golden Ocean Group has a consensus target price of $14.50, suggesting a potential upside of 22.57%. Given Tidewater's stronger consensus rating and higher probable upside, research analysts clearly believe Tidewater is more favorable than Golden Ocean Group.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Tidewater
0 Sell rating(s)
0 Hold rating(s)
5 Buy rating(s)
0 Strong Buy rating(s)
3.00
Golden Ocean Group
0 Sell rating(s)
2 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
2.00

Tidewater has a beta of 1.14, suggesting that its share price is 14% more volatile than the S&P 500. Comparatively, Golden Ocean Group has a beta of 1.2, suggesting that its share price is 20% more volatile than the S&P 500.

Golden Ocean Group has lower revenue, but higher earnings than Tidewater. Golden Ocean Group is trading at a lower price-to-earnings ratio than Tidewater, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Tidewater$1.01B2.61$97.18M$3.4014.84
Golden Ocean Group$885.77M2.67$112.27M$1.0711.06

Golden Ocean Group has a net margin of 22.01% compared to Tidewater's net margin of 13.92%. Tidewater's return on equity of 18.16% beat Golden Ocean Group's return on equity.

Company Net Margins Return on Equity Return on Assets
Tidewater13.92% 18.16% 9.40%
Golden Ocean Group 22.01%10.57%5.79%

In the previous week, Tidewater had 6 more articles in the media than Golden Ocean Group. MarketBeat recorded 9 mentions for Tidewater and 3 mentions for Golden Ocean Group. Tidewater's average media sentiment score of 0.60 beat Golden Ocean Group's score of 0.30 indicating that Tidewater is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Tidewater
5 Very Positive mention(s)
1 Positive mention(s)
1 Neutral mention(s)
1 Negative mention(s)
1 Very Negative mention(s)
Positive
Golden Ocean Group
1 Very Positive mention(s)
0 Positive mention(s)
1 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Neutral

95.1% of Tidewater shares are owned by institutional investors. Comparatively, 22.0% of Golden Ocean Group shares are owned by institutional investors. 8.3% of Tidewater shares are owned by insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a company will outperform the market over the long term.

Summary

Tidewater beats Golden Ocean Group on 14 of the 18 factors compared between the two stocks.

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New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding {thisCompany.Symbol} and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

This chart shows the average media sentiment of NASDAQ and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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GOGL vs. The Competition

MetricGolden Ocean GroupWater transportation IndustryTransportation SectorNASDAQ Exchange
Market Cap$2.39B$8.88B$331.28B$8.81B
Dividend Yield10.06%6.80%4.47%4.06%
P/E Ratio11.0616.8717.7217.77
Price / Sales2.672.8055.5775.18
Price / Cash9.296.699.0732.53
Price / Book1.233.732.214.68
Net Income$112.27M$113.02M$570.30M$226.08M
7 Day Performance-1.17%-0.79%-1.57%-1.04%
1 Month Performance7.64%-2.04%-1.14%1.04%
1 Year Performance33.98%24.28%14.01%26.28%

Golden Ocean Group Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
GOGL
Golden Ocean Group
2.7923 of 5 stars
$11.83
-0.8%
$14.50
+22.6%
+51.1%$2.39B$885.77M11.0638
TDW
Tidewater
4.332 of 5 stars
$50.44
-0.5%
$102.25
+102.7%
-11.5%$2.65B$1.01B14.847,300
INSW
International Seaways
4.3401 of 5 stars
$41.87
-0.3%
$60.67
+44.9%
-10.3%$2.06B$1.07B4.052,698
TGP
Teekay LNG Partners
N/A$16.98
flat
N/A+0.0%$1.48BN/A6.152,020Analyst Forecast
GLNG
Golar LNG
3.5968 of 5 stars
$35.98
+3.1%
$49.63
+37.9%
+63.6%$3.64B$276.58M26.85470
STNG
Scorpio Tankers
4.1958 of 5 stars
$54.69
-1.8%
$76.40
+39.7%
-2.8%$2.81B$1.34B3.9230
TNK
Teekay Tankers
3.9713 of 5 stars
$42.73
-1.0%
$63.67
+49.0%
-16.0%$1.48B$1.36B3.511,590
SFL
SFL
3.0055 of 5 stars
$10.65
-0.2%
$16.00
+50.3%
-4.9%$1.48B$752.29M9.5921
TK
Teekay
2.7069 of 5 stars
$8.01
+1.0%
N/A+12.7%$728.26M$1.46B5.342,300
NAT
Nordic American Tankers
2.3364 of 5 stars
$3.01
-1.3%
$3.75
+24.8%
-31.2%$636.83M$262.18M10.3617
HMLP
Höegh LNG Partners
N/A$9.24
flat
N/AN/A$308.37M$144.04M6.002,020

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This page (NASDAQ:GOGL) was last updated on 11/21/2024 by MarketBeat.com Staff
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