Stock Mover of the Day: Is Buying GasLog Ltd Here a Winning Strategy?

Stock Mover of the Day: Is Buying GasLog Ltd Here a Winning Strategy?

The stock of GasLog Ltd (NYSE:GLOG) is a huge mover today! About 195,162 shares traded hands. GasLog Ltd (NYSE:GLOG) has risen 14.09% since April 27, 2016 and is uptrending. It has outperformed by 8.86% the S&P500.
The move comes after 7 months positive chart setup for the $1.25B company. It was reported on Nov, 30 by Barchart.com. We have $16.66 PT which if reached, will make NYSE:GLOG worth $50.00M more.

Analysts await GasLog Ltd (NYSE:GLOG) to report earnings on February, 23. They expect $0.06 EPS, up 400.00% or $0.08 from last year’s $-0.02 per share. GLOG’s profit will be $4.68 million for 66.75 P/E if the $0.06 EPS becomes a reality. After $0.05 actual EPS reported by GasLog Ltd for the previous quarter, Wall Street now forecasts 20.00% EPS growth.

GasLog Ltd (NYSE:GLOG) Ratings Coverage

Out of 9 analysts covering GasLog (NYSE:GLOG), 3 rate it a “Buy”, 1 “Sell”, while 5 “Hold”. This means 33% are positive. GasLog has been the topic of 15 analyst reports since August 7, 2015 according to StockzIntelligence Inc. The stock of GasLog Ltd (NYSE:GLOG) earned “Market Perform” rating by Wells Fargo on Thursday, December 17. On Friday, February 26 the stock rating was maintained by Cowen & Co with “Outperform”. The rating was maintained by Citigroup on Friday, August 7 with “Buy”. On Tuesday, August 18 the stock rating was initiated by Danske Bank with “Hold”. The company was upgraded on Friday, September 4 by ABN Amro. Citigroup downgraded the stock to “Neutral” rating in Monday, February 22 report. As per Wednesday, November 23, the company rating was initiated by Seaport Global Securities. The rating was downgraded by JP Morgan on Wednesday, March 16 to “Underweight”.

According to Zacks Investment Research, “GasLog Ltd. is an owner, operator and manager of liquefied natural gas carriers. The Company operates in two segments: vessel ownership and vessel management. The vessel ownership segment consists of chartering out company-owned LNG carriers and the vessel management segment consists of providing LNG carrier technical management services, LNG carrier construction supervision services and other vessel management services. GasLog Ltd. is based in Monaco.”

More notable recent GasLog Ltd (NYSE:GLOG) news were published by: Reuters.com which released: “BRIEF-Gaslog partners buys Gaslog Seattle from Gaslog Ltd For $189 mln” on October 27, 2016, also Globenewswire.com with their article: “GasLog Ltd. Announces a Charter to Centrica for Seven Years and Places a …” published on October 20, 2016, Globenewswire.com published: “GasLog Partners LP Announces Closing Of GasLog Seattle Acquisition From GasLog …” on November 01, 2016. More interesting news about GasLog Ltd (NYSE:GLOG) were released by: Globenewswire.com and their article: “GasLog Ltd. and GasLog Partners LP Announce 2016 Investor Update Presentation” published on May 25, 2016 as well as Globenewswire.com‘s news article titled: “GasLog Ltd. Announces the Delivery of the GasLog Greece” with publication date: March 31, 2016.

GLOG Company Profile

GasLog Ltd. (GasLog), incorporated on July 16, 2003, is a holding company. The Firm and its subsidiaries are primarily engaged in the ownership, operation and management of vessels in the liquefied natural gas (LNG) market. The Firm provides maritime services for the transportation of LNG on worldwide basis and LNG vessel management services. The Firm conducts its activities through its vessel-owning subsidiaries and through its vessel management services subsidiary. The Company’s subsidiaries include GasLog Investments Ltd., GasLog Carriers Ltd., GasLog Shipping Company Ltd., GasLog Monaco S.A.M., GAS-one Ltd., GAS-seven Ltd., GAS-twelve Ltd., GAS-twenty one Ltd., GasLog Shipping Limited, GasLog Partners LP and Egypt LNG Shipping Ltd.

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