Golar LNG (GLNG) to Release Earnings on Thursday

Golar LNG (NASDAQ:GLNG) is anticipated to release its earnings data before the market opens on Thursday, February 27th. Analysts expect Golar LNG to post earnings of $0.48 per share and revenue of $73.54 million for the quarter. Persons that wish to register for the company’s earnings conference call can do so using this link.

Golar LNG Price Performance

Shares of NASDAQ GLNG opened at $38.95 on Monday. The stock has a market cap of $4.07 billion, a PE ratio of 278.23 and a beta of 0.55. The firm has a fifty day moving average price of $41.44 and a 200-day moving average price of $38.05. Golar LNG has a 1 year low of $19.94 and a 1 year high of $44.36.

Wall Street Analysts Forecast Growth

GLNG has been the subject of several research analyst reports. Stifel Nicolaus raised their target price on shares of Golar LNG from $53.00 to $55.00 and gave the company a “buy” rating in a research note on Tuesday, December 24th. StockNews.com raised shares of Golar LNG to a “sell” rating in a research note on Monday, December 9th. DNB Markets cut shares of Golar LNG from a “buy” rating to a “hold” rating in a research note on Wednesday, February 19th. Finally, Fearnley Fonds cut shares of Golar LNG from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, November 13th. One equities research analyst has rated the stock with a sell rating, two have issued a hold rating and four have given a buy rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Hold” and an average price target of $50.13.

Golar LNG Company Profile

Golar LNG Limited designs, converts, owns, and operates marine infrastructure for the liquefaction of natural gas. The company operates through three segments: FLNG, Corporate and Other, and Shipping. It engages in the regasification, storage, and offloading of liquefied natural gas (LNG); operation of floating liquefaction natural gas (FLNG) vessels or projects; transportation of LNG carriers; and vessel management activities.