
FLNG Stock Forecast & Price Target
FLNG Analyst Ratings
Bulls say
Flex LNG Ltd. possesses a significant revenue backlog of approximately $1.6 billion, providing strong foundations for future revenue generation and supporting ongoing dividend payments. The company has a robust cash balance of $413 million as of the second quarter, indicating financial stability and liquidity. Additionally, with a net loan-to-value (LTV) ratio of 54.1%, Flex LNG demonstrates a healthy balance sheet that enhances its financial resilience.
Bears say
Flex LNG Ltd reported adjusted earnings per share (EPS) of $0.46 for the second quarter, slightly surpassing both internal estimates and market consensus. Despite this positive earnings performance, the stock faces a negative outlook due to potential headwinds in the LNG shipping market, including fluctuating demand and competitive pricing pressures. Additionally, with three vessels under construction, the company's capital expenditure could strain cash flow and profitability in the coming periods.
This aggregate rating is based on analysts' research of Flex Lng Ltd and is not a guaranteed prediction by Public.com or investment advice.
FLNG Analyst Forecast & Price Prediction
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