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Golar LNG Limited (GLNG)
NasdaqGS - NasdaqGS Real Time Price. Currency in USD
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23.06+0.68 (+3.04%)
At close: April 27 04:00PM EDT
Golar LNG (GLNG) Upgraded to Strong Buy: What Does It Mean for the Stock?
GLNG
+3.04%
Zacks Equity Research
Wed, April 27, 2022, 6:00 PM
In this article:
GLNG
+3.04%
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2W-6W
6W-9M
9M+
Golar LNG (GLNG) could be a solid addition to your portfolio given its recent upgrade to a Zacks Rank #1 (Strong Buy). This upgrade primarily reflects an upward trend in earnings estimates, which is one of the most powerful forces impacting stock prices.
The Zacks rating relies solely on a company's changing earnings picture. It tracks EPS estimates for the current and following years from the sell-side analysts covering the stock through a consensus measure -- the Zacks Consensus Estimate.
The power of a changing earnings picture in determining near-term stock price movements makes the Zacks rating system highly useful for individual investors, since it can be difficult to make decisions based on rating upgrades by Wall Street analysts. These are mostly driven by subjective factors that are hard to see and measure in real time.
As such, the Zacks rating upgrade for Golar LNG is essentially a positive comment on its earnings outlook that could have a favorable impact on its stock price.
Most Powerful Force Impacting Stock Prices
The change in a company's future earnings potential, as reflected in earnings estimate revisions, has proven to be strongly correlated with the near-term price movement of its stock. The influence of institutional investors has a partial contribution to this relationship, as these big professionals use earnings and earnings estimates to calculate the fair value of a company's shares. An increase or decrease in earnings estimates in their valuation models simply results in higher or lower fair value for a stock, and institutional investors typically buy or sell it. Their transaction of large amounts of shares then leads to price movement for the stock.
Fundamentally speaking, rising earnings estimates and the consequent rating upgrade for Golar LNG imply an improvement in the company's underlying business. Investors should show their appreciation for this improving business trend by pushing the stock higher.
GLNG
+3.04%
Zacks Equity Research
Wed, April 27, 2022, 6:00 PM
In this article:
GLNG
+3.04%
Watchlist
Watchlist
Performance Outlookyahoo plus badge
2W-6W
6W-9M
9M+
Golar LNG (GLNG) could be a solid addition to your portfolio given its recent upgrade to a Zacks Rank #1 (Strong Buy). This upgrade primarily reflects an upward trend in earnings estimates, which is one of the most powerful forces impacting stock prices.
The Zacks rating relies solely on a company's changing earnings picture. It tracks EPS estimates for the current and following years from the sell-side analysts covering the stock through a consensus measure -- the Zacks Consensus Estimate.
The power of a changing earnings picture in determining near-term stock price movements makes the Zacks rating system highly useful for individual investors, since it can be difficult to make decisions based on rating upgrades by Wall Street analysts. These are mostly driven by subjective factors that are hard to see and measure in real time.
As such, the Zacks rating upgrade for Golar LNG is essentially a positive comment on its earnings outlook that could have a favorable impact on its stock price.
Most Powerful Force Impacting Stock Prices
The change in a company's future earnings potential, as reflected in earnings estimate revisions, has proven to be strongly correlated with the near-term price movement of its stock. The influence of institutional investors has a partial contribution to this relationship, as these big professionals use earnings and earnings estimates to calculate the fair value of a company's shares. An increase or decrease in earnings estimates in their valuation models simply results in higher or lower fair value for a stock, and institutional investors typically buy or sell it. Their transaction of large amounts of shares then leads to price movement for the stock.
Fundamentally speaking, rising earnings estimates and the consequent rating upgrade for Golar LNG imply an improvement in the company's underlying business. Investors should show their appreciation for this improving business trend by pushing the stock higher.
Harnessing the Power of Earnings Estimate Revisions
As empirical research shows a strong correlation between trends in earnings estimate revisions and near-term stock movements, tracking such revisions for making an investment decision could be truly rewarding. Here is where the tried-and-tested Zacks Rank stock-rating system plays an important role, as it effectively harnesses the power of earnings estimate revisions.
The Zacks Rank stock-rating system, which uses four factors related to earnings estimates to classify stocks into five groups, ranging from Zacks Rank #1 (Strong Buy) to Zacks Rank #5 (Strong Sell), has an impressive externally-audited track record, with Zacks Rank #1 stocks generating an average annual return of +25% since 1988. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here >>>>.
Earnings Estimate Revisions for Golar LNG
For the fiscal year ending December 2022, this operator of carriers for natural gas shipping is expected to earn $0.78 per share, which is a change of -52.7% from the year-ago reported number.
Analysts have been steadily raising their estimates for Golar LNG. Over the past three months, the Zacks Consensus Estimate for the company has increased 63.3%.
Bottom Line
Unlike the overly optimistic Wall Street analysts whose rating systems tend to be weighted toward favorable recommendations, the Zacks rating system maintains an equal proportion of 'buy' and 'sell' ratings for its entire universe of more than 4000 stocks at any point in time. Irrespective of market conditions, only the top 5% of the Zacks-covered stocks get a 'Strong Buy' rating and the next 15% get a 'Buy' rating. So, the placement of a stock in the top 20% of the Zacks-covered stocks indicates its superior earnings estimate revision feature, making it a solid candidate for producing market-beating returns in the near term.
You can learn more about the Zacks Rank here >>>
The upgrade of Golar LNG to a Zacks Rank #1 positions it in the top 5% of the Zacks-covered stocks in terms of estimate revisions, implying that the stock might move higher in the near term.
Oasis Petroleum Inc. (OAS)
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130.89-0.36 (-0.27%)
..Golar, auch interessant, müsste man sich allgemein, mal mit „Fracht Thema“ Aktien einlesen.
…Ich muss in die Heja, morgen stehen Akupunktur & Arztkontrolle auf der Liste.
….good night & bis moin Abend
Oxford Industries, Inc. (OXM)
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92.67-0.02 (-0.02%)
At close: April 27 04:00PM EDT
NetEase, Inc. (NTES)
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89.06+1.58 (+1.81%)
Youdao, Inc. (DAO)
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6.47+0.53 (+8.92%)
DiDi Global Inc. (DIDI)
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1.7800+0.0500 (+2.89%)
HONG KONG, April 20, 2022 /PRNewswire/ -- On April 20th, Chinese Language Day is celebrated. Chinese is nowadays more important than ever. With a total of 1.3 billion native speakers in the world and a booming economy, it is the language with the most native speakers and one of the most important languages of tomorrow.
After more than a year of R&D work, Youdao, China's leading AI-learning company, has recently launched Youdao Dictionary Pen 3 Global Version, a one of its kind device that helps global language learners, people with reading difficulties and children who are learning how to read.
Youdao dictionary pen is the go-to tool for language learners. Just scan and translate! Get definitions, study new words, improve your pronunciation, and more.
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For Chinese learners, the pen provides character stroke order, recognizes traditional and simplified Chinese, provides pinyin, pronunciation and an extensive list of examples. For Spanish learners, the pen gives translation, pronunciation and verb conjugation. For English learners, the pen provides Merriam-Webster Dictionary, and also US/UK accents to choose from.
The pen currently supports bidirectional translation between English and Chinese and English and Spanish. In the future, the pen will also include bidirectional translation between English, Korean and Japanese, all available in the upcoming software updates.
Dyslexia, a reading disability that before posed a challenge and disadvantage for children at school or professionals at their workplace, has now been covered by the Text to Speech technology of Youdao Dictionary Pen 3 Global version, which allows turning scanned text into audio, users can adjust the volume, its speed and also listen to the audio through the pen's speaker or with earphones paired via Bluetooth. This reading pen helps dyslexic people read independently in many different scenarios.
With their Optical Character Recognition technology, the pen becomes versatile, it scans on different surfaces such as paper, computer screens, phone screens, kindle, cardboard, packing materials and more. It can be used with the right or left hand, and it is also light and portable.
Youdao Dictionary Pen 3 Global Version is available worldwide now on Amazon, as well as their official store.
…hey, danke für die vielen Infos….Ja, ich denke die Märkte sind total überverkauft, der Bounce ist
längst überfällig…solange die Welle ab und auf schwappt, kann ich gut damit leben, Unternehmenszahlen sind über den Daumen gerechnet, ja gar nicht schlecht, keine Katastrophen in
den Bilanzen…….wenn ich am Kanaldeckel horche , höre ich es schon ordentlich rascheln…die Ratten
steigen schon bald aus der Kloacke auf und machen fette Beute
…ich bin gerade nach Hause gekommen, koch und ess noch was, bis 22 Uhren
…Heute war mein Zahnstochertag & Schröpfen…der Rücken ist immer besser drauf…
….mal sehen…nächster Zug…hmmmm….ich nehm Turm 1…
25. T a 1 b 1
wahnsinnsrebound heute bei allen werten,bis auf deine ,meinst du das haelt,ist das nachhaltig,ich kann das noch nicht ganz glauben,das ist doch nur ein zahn im saegeblattabwaertskanal,hm
…ich denke nicht dass die Kurse sich nachhaltig erholen werden, rundherum wird alles teurer,
für ein Kilo Karotten musste ich heute 20 cent mehr bezahlen…tststs
…ich warte bis die Big Teks ordentlich korrigieren, das kommt noch
mit kingsoft hast du aber ordentlich schwein gehabt heute,erst 7% im minus,dann mit 7% plus geschlossen ,lol,die chinesen wissen offenbar selber nicht was von dieser ominoesen company zu halten ist .....
…Kingsoft schoss im März schon einmal von 2.xx $ auf fast 7 $…sobald die Märkte sich dauerhaft
festigen, steigt die Aktie ins Unermessliche…mir reicht schon 30 $ ….Jaaahuu
Gott bewahre, nein, bei solch volatilen Titeln sind knockouts so gut wie Selbstmord
..Das Desaster welches die Chinaführung mit ihrer Machtdemonstration gegen ihre eigenen Firmen im letzten Jahr vorführten indem Sie bildlich gesprochen eine Herde Elefanten in ihren teuersten Porzellanladen trieben, ist nicht so schnell wieder gut zu machen….bei steigenden Kursen wird schnell
wieder Kasse gemacht…das Spielchen wird noch Jahre andauern oder Jahrzehnte, wenn die Führung immer wieder neue Klapperschlangen auf die Aktionäre wirft….Erinnert mich stark an die
„Planet der Affen“ Reihe…..
willst du diese brasilianische buffett aktie kaufen £? die haben aehnliche probleme wie kingsoft naemlich milliardenverlust in der bilanz und auf atl
..Stoneco ? , die behalt ich mal im Auge, hatte ich aber schon mal bei 12$ im Depot mit kleinem Gewinn wieder schnell raus