GasLog Ltd (GLOG) Stock Forecast & Predictions

GasLog Ltd GLOG: $5.83

, 69 Akti Miaouli, Piraeus, Greece. | Sector: Transportation and Warehousing | Exchange: NEW YORK STOCK EXCHANGE, INC. | Web: https://www.gaslogltd.com

  • Market Cap$0.55B
  • Change (52 Weeks)51.69%
  • Low (52 Weeks)$2.17
  • GasLog Ltd (GLOG) Forecast Based on Technical Analysis


    Neutral
    Based on 16 Technical Indicators where 31.25% are on Buy, 18.75% on Sell, and 50.00% Neutral.

    According to the market data, GasLog Ltd (GLOG) stock price is $5.83 and the 52 weeks low is $2.17, which means the GasLog Ltd stock price is up 51.69% in the last 12 months.

    GasLog Ltd (GLOG) Stock Price has been Trending Strongly with an ADX reading of 38.37 as per the Weekly Chart.

    A Upward trend indicates that GasLog Ltd (GLOG) Stock Price may keep going up, with temporary Retracement (the process of stock price bouncing because of short term profit taking by the traders and investors).

    Technical Indicators are algorithms that are used mostly by Technical traders to predict the price action of a stock.

    Based on our analysis of 16 technical indicators, 31.25% are indicating that GLOG Stock price might rise further, 18.75% indicating that GLOG Stock price might fall, and 50.00% are in a neutral position.

    Based on these technical algorithms, overall GLOG stock price has a Neutral Signal, which means the stock price has the potential to move either up or down, depending on the nature of consolidating market phase, since majority of indicators are providing a neutral signal.

    GasLog Ltd (GLOG) Stock Forecast By Analysts


    On Hold
    Analysts Recommendations for GasLog Ltd (GLOG) is based on 13 Institutional Analyst Ratings where 23.08% are on Strong Buy, 23.08% on Moderate Buy, 53.85% remains on Hold, 0.00% are on Moderate Sell and 0.00% are on Strong Sell.

    Out of 13 Institutional Analysts, majority recommended GLOG stock as On Hold. This means investors are recommended to hold their existing positions if any, otherwise, the recommendation is neither to buy nor sell at this stage. Since most investors and traders follow analyst ratings closely, this can be a potentially driving factor for the future stock price of GasLog Ltd.

    GasLog Ltd (GLOG) Stock Price Prediction By Analysts


    HighLowAverage
    $6.09$3.54$5.45
    $5.456.57% Downside
    Updated: 2021-04-22 00:00:00

    The Average Price target for GLOG set by the institutional analysts is $5.45 where High Estimate is $6.09, Median $5.9159999999999995 and Low $3.54.

    The average price target for GLOG by Institutional Analysts is $5.45, which is 6.57% Downside from the current price. So according to the Institutional Analysts, GLOG Stock might be a bit overvalued at this stage and there’s potential for downside.

    However, although Institutional Analysts set their price targets after extensive research, they’re not always correct. After all, the market is mostly driven by investors speculation and emotion than just concrete numbers.

    GasLog Ltd (GLOG) Stock Forecast Based on News Sentiment


    Neutral
    Based on 1 articles published Last Week, where 50.00% are Bullish and 50.00% are Bearish.

    According to the news articles published last week, journalists and bloggers had a mixed sentiment of GLOG consisting of positive and negative, it shows that GasLog Ltd had a neutral news coverage.

    Neutral news coverage usually doesn't affect short-term price of a stock, so GLOG stock price most likey won't have any reaction to last weeks news coverage.

    GasLog Ltd (GLOG) Stock Forecasts By Institutional Analysts


    Analyst
    Recommendation
    Action
    JefferiesHoldDowngraded
    JefferiesBuyMaintained
    Evercore ISI GroupIn-LineDowngraded
    JefferiesBuyMaintained
    DnB MarketsBuyUpgraded
    CitigroupNeutralMaintained
    FearnleysHoldDowngraded
    StifelBuyMaintained
    DNB MarketsHoldDowngraded
    CitigroupNeutralDowngraded
    Stifel NicolausBuyUpgraded
    Morgan StanleyEqual-WeightDowngraded
    JP MorganNeutralUpgraded
    Deutsche BankBuyInitiated
    BerenbergBuyInitiated
    DNB MarketsBuyUpgraded
    Morgan StanleyOverweightUpgraded
    BTIG ResearchBuyInitiated
    Stifel NicolausHoldDowngraded
    JP MorganUnderweightDowngraded
    Stifel NicolausBuyMaintained
    DNB MarketsHoldDowngraded
    Morgan StanleyOverweightUpgraded
    Credit SuisseOutperformInitiated
    JP MorganNeutralUpgraded
    CitigroupNeutralMaintained
    JefferiesBuyUpgraded
    JP MorganUnderweightDowngraded
    Morgan StanleyEqual-WeightDowngraded
    CitigroupNeutralDowngraded
    JefferiesHoldMaintained
    JefferiesHoldMaintained
    ABN AmroBuyUpgraded
    Danske BankHoldInitiated
    JefferiesHoldMaintained
    CitigroupBuyMaintained
    JP MorganNeutralInitiated
    JefferiesHoldMaintained
    CitigroupBuyMaintained
    ABN AmroHoldInitiated
    Stifel NicolausBuyUpgraded
    CitigroupBuyMaintained
    Pareto SecuritiesBuyUpgraded
    CitigroupBuyMaintained
    CitigroupBuyMaintained
    Stifel NicolausHoldInitiated
    JP MorganOverweightMaintained
    JefferiesHoldDowngraded
    Morgan StanleyOverweightMaintained
    CitigroupBuyMaintained
    Morgan StanleyOverweightInitiated
    Global Hunter SecuritiesBuyInitiated
    Goldman SachsBuyMaintained
    JP MorganOverweightMaintained
    SEB EnskildaBuyMaintained
    DNB MarketsBuyMaintained
    JefferiesBuyInitiated
    JP MorganOverweightMaintained
    RS Platou MarketsBuyMaintained
    DNB MarketsBuyMaintained

    GasLog Ltd (GLOG) Stock Earning Per Share (EPS) Forecast / Estimate


    $0.143
    The average consensus EPS for GLOG is $0.143 with a high estimate of $0.273 and Low of $0.039 for the period 2021-06-30 and based on 10 Institutional Analysts.

    Last Quarter


    Actual
    Estimate
    Date
    $-0.01$-0.03818882020-09-30


    The latest average Earning Per Share Estimate for GasLog Ltd is $0.14, which is higher than GLOG's last EPS, $-0.01. This means that Analysts are expecting GasLog Ltd to report higher earnings. This can drive share prices higher since the investors have positive sentiment about market performance of GasLog Ltd.

    Earning Per Share (EPS) History


    Actual
    Estimate
    Date
    $-0.01$-0.03818882020-09-30
    $0.02$0.00306000000000000022020-06-30
    $0.15$0.08162020-03-31
    $0.14$0.247862019-12-31
    $0.01$0.08224262019-09-30
    $0.03$-0.00854762019-06-30
    $0.11$0.0913412019-03-31
    $0.54$0.357724200000000052018-12-31
    $0.11$0.0967472018-09-30
    $-0.07$-0.0327422018-06-30
    $-0.01$0.074051999999999992018-03-31
    $-0.02$0.05592662017-12-31
    $0$0.00501842017-09-30
    $-0.03$0.00135660000000000012017-06-30
    $0.06$0.04785842017-03-31
    $0.02$0.05748722016-12-31
    $0.05$0.03295622016-09-30
    $-0.01$-0.05694662016-06-30
    $-0.09$-0.0400146000000000042016-03-31
    $-0.02$-0.01725842015-12-31
    $-0.05$0.00594662015-09-30
    $0$0.101153399999999992015-06-30
    $0.13$0.1415252015-03-31
    $0.28$0.183599999999999992014-12-31
    $0.26$0.23462014-09-30
    $0.13$0.12242014-06-30
    $0.13$0.16412822014-03-31
    $0.28$0.24992013-12-31
    $0.18$0.182582013-09-30
    $0.11$0.125462013-06-30
    $0.05$0.06006782013-03-31
    $0.03$0.05934362012-12-31
    $0.06$0.0438599999999999962012-09-30
    $0.04$0.03572012-06-30
    $0.06$0.03062012-03-31

    What is Analyst Ratings & Price Targets?

    The analysts provide Buy, Sell or Hold ratings after extensive research of a companies financial reports, listening to conference calls and some of them even get in contact with upper management of the company to get an overall picture of operation.

    Although institutional Analyst’s are not always correct, their ratings are followed by millions of traders around the world and they can heavily influence trading activities for a company.

    As a retail investor, going through analyst ratings will instantly provide you an idea if the stock is worth buying. Top Analysts also provide their price targets. It’s a prediction of where the stock price might go based on their analysis.

    The best way to analyze price targets is to combined average price targets of major analysts. If the average price target is much higher than the current price of the stock, then the probability of a stock going up is also high.

    What is Technical Analysis?

    Technical Analysis refers to analyzing a stock's price over a period of time. In the financial market, past price patterns are one of the strongest indicators of an asset's future performance.

    In easier terms, millions of traders use Live Charts to watch the stock prices, it is actually a single source of truth for most traders. When a stock's price reaches a significant price level/pattern in the chart, millions of traders take buy/sell positions from those levels.

    As a regular investor, one of the easiest ways to check technical analysis of a stock is through Technical Indicators. Technical Indicators are programmed algorithms that monitor price changes in the Charts and indicate Buy/Sell based on market conditions.

    Some Technical Indicators can be very powerful (e.g SMA) and some can be pretty useless. Stock research tools like iTradely heavily simplify the technical analysis process for the investors by showing Buy/Sell/Neutral ratings combined from 17 powerful technical indicators, all in one page.

    What is Earnings Per Share (EPS) and Why is it Important?

    EPS, or Earning Per Share, can tell a lot about a stock’s performance. It’s calculated by dividing a company’s profit by the number of outstanding shares of its common stocks.

    In layman’s term, earnings is an indicator of a company’s profitability. Higher the earnings, the more profitable a company is.
    Some traders pick stocks solely based on EPS or earnings Analysis, it is a very powerful indicator of a stock’s price.

    Before you buy a stock, check the company’s earnings History and Surprises. A Surprise happens when a company reports a much higher or lower actual earnings/EPS than the forecasted earnings/EPS.

    If a company reports higher EPS surprises consistently, analysts keep raising their estimates, traders become more confident in the company, driving the share price higher.

    What is Stock Sentiment?

    Stock Sentiment refers to how people speculating about the stock or what kind of trading position investors are often taking.

    There are different kinds of sentiments you can find online for a company, this includes Investor Sentiment (Percentage of investors buying or selling), News Sentiment (Is the company getting positive or negative impressions from the Press?), Social Sentiment (The overall trends about the company in social media, is it negative or positive?).