FLEX LNG is an oil & gas midstream business based in the US. FLEX LNG shares (FLNG) are listed on the NYSE and all prices are listed in US Dollars. FLEX LNG employs 10 staff and has a trailing 12-month revenue of around $368.8 million.
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| Latest market close | $26.55 |
|---|---|
| 52-week range | $23.51 - $29.92 |
| 50-day moving average | $27.69 |
| 200-day moving average | $28.03 |
| Wall St. target price | $33.00 |
| PE ratio | 10.6443 |
| Dividend yield | $3 (11.14%) |
| Earnings per share (TTM) | $2.53 |
The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.
This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.
Historical closes compared with the close of $26.55 from 2024-07-25
| 1 week (2024-07-19) | -1.41% |
|---|---|
| 1 month (2024-06-27) | -5.11% |
| 3 months (2024-04-26) | 1.53% |
| 6 months (2024-01-26) | -13.24% |
| 1 year (2023-07-27) | -13.55% |
|---|---|
| 2 years (2022-07-27) | -13.97% |
| 3 years (2021-07-27) | 103.14% |
| 5 years (2019-07-26) | 131.88% |
Valuing FLEX LNG stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of FLEX LNG's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
FLEX LNG's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 11x. In other words, FLEX LNG shares trade at around 11x recent earnings.
That's relatively low compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued.
FLEX LNG's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $278.6 million.
The EBITDA is a measure of a FLEX LNG's overall financial performance and is widely used to measure a its profitability.
| Revenue TTM | $368.8 million |
|---|---|
| Operating margin TTM | 57.56% |
| Gross profit TTM | $282 million |
| Return on assets TTM | 4.87% |
| Return on equity TTM | 15.98% |
| Profit margin | 37.08% |
| Book value | $15.65 |
| Market Capitalization | $1.5 billion |
TTM: trailing 12 months
Dividend payout ratio: 124.61% of net profits
Recently FLEX LNG has paid out, on average, around 124.61% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 11.14% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), FLEX LNG shareholders could enjoy a 11.14% return on their shares, in the form of dividend payments. In FLEX LNG's case, that would currently equate to about $3 per share.
FLEX LNG's payout ratio would broadly be considered high, and as such this stock could appeal to those looking to generate an income. Bear in mind however that companies should normally also look to re-invest a decent amount of net profits to ensure future growth.
FLEX LNG's most recent dividend payout was on 20 June 2024. The latest dividend was paid out to all shareholders who bought their shares by 9 June 2024 (the "ex-dividend date").
FLEX LNG's shares were split on a 1:10 basis on 10 March 2019. So if you had owned 10 shares the day before before the split, the next day you'd have owned 1 share. This wouldn't directly have changed the overall worth of your FLEX LNG shares – just the quantity. However, indirectly, the new 900% higher share price could have impacted the market appetite for FLEX LNG shares which in turn could have impacted FLEX LNG's share price.
Over the last 12 months, FLEX LNG's shares have ranged in value from as little as $23.514 up to $29.924. A popular way to gauge a stock's volatility is its "beta".
Beta is a measure of a share's volatility in relation to the market. The market (NYSE average) beta is 1, while FLEX LNG's is 0.768. This would suggest that FLEX LNG's shares are less volatile than average (for this exchange).
Flex LNG Ltd. , together with its subsidiaries, engages in the seaborne transportation of liquefied natural gas (LNG) worldwide. The company owns and operates vessels with M-type electronically controlled gas injection LNG carriers; and vessels with generation X dual fuel propulsion systems. Flex LNG Ltd. was incorporated in 2006 and is based in Hamilton, Bermuda. .
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