Golar LNG Partners (GMLP) Receives Daily Media Impact Score of 0.18

Headlines about Golar LNG Partners (NASDAQ:GMLP) have been trending somewhat positive this week, Accern Sentiment Analysis reports. The research firm rates the sentiment of media coverage by analyzing more than twenty million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Golar LNG Partners earned a daily sentiment score of 0.18 on Accern’s scale. Accern also gave news headlines about the shipping company an impact score of 46.6502373308384 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the next several days.

Here are some of the news headlines that may have impacted Accern’s analysis:

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NASDAQ:GMLP opened at $18.41 on Thursday. The stock has a market cap of $1,284.43, a PE ratio of 9.79, a price-to-earnings-growth ratio of 1.76 and a beta of 0.91. Golar LNG Partners has a 1 year low of $16.78 and a 1 year high of $23.49. The company has a quick ratio of 1.71, a current ratio of 1.73 and a debt-to-equity ratio of 1.63.

Golar LNG Partners (NASDAQ:GMLP) last released its quarterly earnings data on Wednesday, February 28th. The shipping company reported $0.37 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.27 by $0.10. The business had revenue of $90.11 million during the quarter, compared to analysts’ expectations of $87.09 million. Golar LNG Partners had a return on equity of 17.19% and a net margin of 29.85%. research analysts forecast that Golar LNG Partners will post 1.16 earnings per share for the current year.

Golar LNG Partners declared that its board has initiated a stock buyback program on Monday, March 5th that allows the company to buyback $25.00 million in shares. This buyback authorization allows the shipping company to purchase shares of its stock through open market purchases. Shares buyback programs are generally an indication that the company’s board believes its stock is undervalued.

GMLP has been the subject of several analyst reports. Zacks Investment Research cut Golar LNG Partners from a “hold” rating to a “sell” rating in a research note on Tuesday, January 9th. BidaskClub cut Golar LNG Partners from a “hold” rating to a “sell” rating in a research note on Saturday, January 20th. ValuEngine cut Golar LNG Partners from a “buy” rating to a “hold” rating in a research note on Sunday, December 31st. Bank of America lowered their target price on Golar LNG Partners from $26.00 to $24.00 and set a “buy” rating for the company in a research note on Monday, March 5th. Finally, Seaport Global Securities reissued a “hold” rating and set a $21.00 target price on shares of Golar LNG Partners in a research note on Tuesday, February 27th. One equities research analyst has rated the stock with a sell rating, four have issued a hold rating and four have assigned a buy rating to the company’s stock. Golar LNG Partners presently has a consensus rating of “Hold” and an average target price of $23.60.

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About Golar LNG Partners

Golar LNG Partners LP engages in the logistics solutions. Its activities include owning, trading, and operation of floating storage and regasification units (FSRU) and liquefied natural gas ( LNG) marine transportation. The company was founded on September 24, 2007 and is headquartered in Hamilton, Bermuda.

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