Press coverage about GasLog LP. (NYSE:GLOG) has been trending somewhat negative this week, Alpha One Sentiment Analysis reports. The research group, a service of Accern, scores the sentiment of news coverage by analyzing more than 20 million blog and news sources in real time. Alpha One ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. GasLog LP. earned a coverage optimism score of -0.10 on Alpha One’s scale. Alpha One also gave news stories about the shipping company an impact score of 64 out of 100, indicating that recent news coverage is somewhat likely to have an impact on the company’s share price in the next several days.
These are some of the news stories that may have effected Alpha One’s analysis:
- Fairview Capital Investment Management LLC Sells 560511 Shares of GasLog LP. (GLOG) (badhub.net)
- ETFs with exposure to GasLog Ltd. : June 15, 2017 (finance.yahoo.com)
- Morgan Stanley Upgrades Rating On GasLog Ltd. Common Shares (GLOG) (healthcaremenu.net)
- GasLog Ltd. – Value Analysis (NYSE:GLOG) : June 14, 2017 (finance.yahoo.com)
- GasLog LP. (GLOG) Raised to “Hold” at BidaskClub (americanbankingnews.com)
Several research analysts recently weighed in on the stock. Zacks Investment Research cut shares of GasLog LP. from a “buy” rating to a “hold” rating in a research report on Wednesday, February 22nd. J P Morgan Chase & Co upgraded shares of GasLog LP. from an “underweight” rating to a “neutral” rating and upped their price objective for the stock from $12.00 to $14.00 in a research report on Tuesday, February 21st. BidaskClub upgraded shares of GasLog LP. from a “sell” rating to a “hold” rating in a research report on Tuesday. Jefferies Group LLC reiterated a “buy” rating and set a $20.00 price target on shares of GasLog LP. in a research report on Friday, February 24th. Finally, Credit Suisse Group assumed coverage on shares of GasLog LP. in a research report on Tuesday, April 25th. They set an “outperform” rating and a $21.00 price target on the stock. One investment analyst has rated the stock with a sell rating, three have given a hold rating and six have issued a buy rating to the company’s stock. The company has a consensus rating of “Buy” and an average price target of $19.13.
GasLog LP. (NYSE:GLOG) traded up 3.68% during mid-day trading on Friday, hitting $14.10. The stock had a trading volume of 414,601 shares. The stock’s market cap is $1.14 billion. GasLog LP. has a 12 month low of $11.58 and a 12 month high of $17.85. The stock’s 50-day moving average price is $13.70 and its 200-day moving average price is $15.19.
GasLog LP. (NYSE:GLOG) last issued its quarterly earnings results on Friday, May 5th. The shipping company reported $0.06 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.04 by $0.02. The firm had revenue of $128.30 million for the quarter, compared to analysts’ expectations of $129.35 million. GasLog LP. had a return on equity of 0.63% and a net margin of 0.65%. The firm’s revenue for the quarter was up 22.9% on a year-over-year basis. During the same quarter in the previous year, the firm posted ($0.09) EPS. On average, analysts predict that GasLog LP. will post $0.24 earnings per share for the current year.
The firm also recently announced a quarterly dividend, which was paid on Thursday, May 25th. Shareholders of record on Monday, May 15th were given a dividend of $0.14 per share. This represents a $0.56 annualized dividend and a yield of 3.97%. The ex-dividend date of this dividend was Thursday, May 11th. GasLog LP.’s payout ratio is -466.67%.
GasLog LP. Company Profile
GasLog Ltd. is an international owner, operator and manager of liquefied natural gas (LNG) carriers. The Company provides support to international energy companies as part of their LNG logistics chain. The Company’s owned consolidated fleet consists of 27 LNG carriers, including 22 ships in operation and five LNG carriers on order.
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