Wednesday, March 30, 2022 10:57:14 AM
Golar LNG is one of 140 individual stocks in the Transportation sector. Collectively, these companies sit at #2 in the Zacks Sector Rank. The Zacks Sector Rank considers 16 different groups, measuring the average Zacks Rank of the individual stocks within the sector to gauge the strength of each group.
The Zacks Rank is a proven system that emphasizes earnings estimates and estimate revisions, highlighting a variety of stocks that are displaying the right characteristics to beat the market over the next one to three months. Golar LNG is currently sporting a Zacks Rank of #2 (Buy).
The Zacks Consensus Estimate for GLNG's full-year earnings has moved 72% higher within the past quarter. This is a sign of improving analyst sentiment and a positive earnings outlook trend.
Based on the latest available data, GLNG has gained about 89.2% so far this year. In comparison, Transportation companies have returned an average of 1.7%. This shows that Golar LNG is outperforming its peers so far this year.
One other Transportation stock that has outperformed the sector so far this year is Matson (MATX). The stock is up 35.2% year-to-date.
For Matson, the consensus EPS estimate for the current year has increased 149.9% over the past three months. The stock currently has a Zacks Rank #1 (Strong Buy).
Breaking things down more, Golar LNG is a member of the Transportation - Shipping industry, which includes 43 individual companies and currently sits at #90 in the Zacks Industry Rank. On average, this group has gained an average of 36% so far this year, meaning that GLNG is performing better in terms of year-to-date returns.
Matson, however, belongs to the Transportation - Services industry. Currently, this 30-stock industry is ranked #54. The industry has moved -5.7% so far this year.
Going forward, investors interested in Transportation stocks should continue to pay close attention to Golar LNG and Matson as they could maintain their solid performance.
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Golar LNG Limited (GLNG): Free Stock Analysis Report
Matson, Inc. (MATX): Free Stock Analysis Report
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Recent GLNG News
- Final Investment Decision for MK II 3.5mtpa FLNG • GlobeNewswire Inc. • 09/17/2024 10:39:08 PM
- Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 09/05/2024 08:18:49 PM
- Golar announces pricing of USD 300 million unsecured bond issue • GlobeNewswire Inc. • 09/05/2024 08:01:15 PM
- Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 09/03/2024 10:05:06 AM
- Golar LNG Limited – Fixed income investor meetings • GlobeNewswire Inc. • 09/02/2024 05:20:04 AM
- London Shipping Summit-Industry Leaders Presenting At 16th Annual Capital Link Shipping & Marine Services Forum • GlobeNewswire Inc. • 08/28/2024 12:00:00 PM
- Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 08/16/2024 05:09:48 PM
- Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 08/15/2024 11:51:03 AM
- Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 08/15/2024 11:49:14 AM
- Key information relating to the cash dividend to be paid by Golar LNG Limited (Ticker: GLNG) • GlobeNewswire Inc. • 08/15/2024 10:55:04 AM
- Interim results for the period ended June 30, 2024 • GlobeNewswire Inc. • 08/15/2024 10:48:44 AM
- U.S. Futures Rise on Easing Inflation, Oil Prices Rise • IH Market News • 08/15/2024 10:09:48 AM
- Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 08/13/2024 08:58:10 PM
- Golar LNG Limited: 2024 AGM Results Notification • GlobeNewswire Inc. • 08/13/2024 08:33:46 PM
- Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 08/05/2024 11:37:17 AM
- Golar and bp enter into commercial reset arrangements for FLNG Gimi • GlobeNewswire Inc. • 08/05/2024 10:25:37 AM
- Form SC 13G/A - Statement of Beneficial Ownership by Certain Investors: [Amend] • Edgar (US Regulatory) • 07/11/2024 11:37:39 AM
- Golar LNG signs agreement for 20-year FLNG deployment in Argentina • GlobeNewswire Inc. • 07/05/2024 11:08:23 AM
- Golar LNG Limited – Q2 2024 results presentation • GlobeNewswire Inc. • 07/01/2024 07:24:38 PM
- 2024 Annual General Meeting • GlobeNewswire Inc. • 07/01/2024 07:11:03 PM
- Form SC 13G - Statement of acquisition of beneficial ownership by individuals • Edgar (US Regulatory) • 06/17/2024 11:17:57 AM
- Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 06/10/2024 12:18:15 PM
- 2024 Annual General Meeting • GlobeNewswire Inc. • 06/10/2024 11:36:07 AM
- Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 05/28/2024 11:52:43 AM
- Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 05/28/2024 11:39:46 AM
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