Golar LNG (GLNG) Getting Somewhat Favorable Press Coverage, Accern Reports

News headlines about Golar LNG (NASDAQ:GLNG) have been trending somewhat positive recently, Accern Sentiment Analysis reports. Accern identifies positive and negative media coverage by monitoring more than twenty million blog and news sources in real time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Golar LNG earned a news sentiment score of 0.16 on Accern’s scale. Accern also assigned press coverage about the shipping company an impact score of 46.1299259266433 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the next several days.

Here are some of the news stories that may have impacted Accern’s analysis:

Shares of Golar LNG (NASDAQ:GLNG) opened at $27.86 on Monday. The company has a market cap of $2,820.00, a price-to-earnings ratio of -14.98, a price-to-earnings-growth ratio of 12.50 and a beta of 0.76. The company has a debt-to-equity ratio of 0.77, a current ratio of 0.41 and a quick ratio of 0.41. Golar LNG has a 12 month low of $19.32 and a 12 month high of $31.64.

Golar LNG (NASDAQ:GLNG) last announced its quarterly earnings results on Thursday, November 30th. The shipping company reported ($0.43) EPS for the quarter, missing analysts’ consensus estimates of ($0.36) by ($0.07). The firm had revenue of $32.43 million during the quarter, compared to analyst estimates of $24.04 million. Golar LNG had a negative net margin of 180.90% and a negative return on equity of 9.15%. equities research analysts expect that Golar LNG will post -1.89 EPS for the current year.

Several brokerages recently commented on GLNG. BidaskClub cut shares of Golar LNG from a “strong-buy” rating to a “buy” rating in a report on Saturday, January 6th. Zacks Investment Research cut shares of Golar LNG from a “hold” rating to a “sell” rating in a research note on Thursday, January 25th. Jefferies Group began coverage on shares of Golar LNG in a research note on Monday, December 18th. They issued a “buy” rating and a $39.00 price target for the company. Cowen increased their price target on shares of Golar LNG from $41.00 to $44.00 and gave the company an “outperform” rating in a research note on Tuesday, December 12th. Finally, Morgan Stanley increased their price target on shares of Golar LNG from $32.00 to $36.00 and gave the company an “equal weight” rating in a research note on Monday, February 12th. Two analysts have rated the stock with a sell rating, two have assigned a hold rating and six have assigned a buy rating to the company’s stock. Golar LNG currently has a consensus rating of “Hold” and a consensus price target of $36.00.

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Golar LNG Company Profile

Golar LNG Limited is a midstream liquefied natural gas (LNG) company engaged primarily in the transportation, regasification, liquefaction and trading of LNG. The Company is engaged in the acquisition, ownership, operation and chartering of LNG carriers and Floating Storage Regasification Unit (FSRUs) through its subsidiaries and affiliates, and the development of LNG projects, such as floating LNGs (FLNGs).

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