Last Updated: 16 Sep 2024
Executive Summary
Cool Company Ltd. (CLCO) is a publicly traded company operating in the water transportation industry. With a market capitalization of $599.39 million, the company has shown strong financial performance, including an EBITDA of $246.41 million and an EPS of $2.3. Despite recent declines in quarterly earnings and revenue growth, CLCO remains a viable investment opportunity with a trailing PE of 4.852 and a forward PE of 6.09.
Company Overview
Cool Company Ltd. is a global provider of marine transportation services. The company operates a fleet of vessels that transport a variety of commodities, including dry bulk, liquid bulk, and containers. CLCO has a strong presence in the United States, Europe, and Asia.
Fundamental Analysis
CLCO's financial performance has been solid in recent years. The company has consistently generated positive EBITDA and EPS, and its profit margin and return on assets are both above industry averages. However, the company's quarterly earnings and revenue growth have declined in recent quarters.
Technical Analysis
CLCO's stock price has been trading in a range between $9.32 and $12.78 over the past 52 weeks. The stock is currently trading at $11.16, which is below its 50-day moving average of $11.69 and its 200-day moving average of $11.66. The relative strength index (RSI) is currently at 45.74, indicating that the stock is neither overbought nor oversold.
Short Term Outlook
In the short term, CLCO's stock price is likely to remain volatile. The company's recent earnings and revenue growth declines could weigh on the stock price. However, the company's strong financial performance and its low valuation could provide support for the stock price.
Long Term Outlook
In the long term, CLCO's stock price is likely to be driven by the company's ability to grow its earnings and revenue. The company's strong presence in the global marine transportation market and its focus on cost efficiency should help it to achieve long-term growth.
Analyst Recommendations
Analysts have a mixed view on CLCO's stock. Two analysts have a buy rating on the stock, while no analysts have a strong buy, hold, sell, or strong sell rating. The average analyst target price for CLCO is $16.75, which represents a potential upside of 49.8% from the current price.
