
FLNG Stock Forecast & Price Target
FLNG Analyst Ratings
Bulls say
Flex LNG Ltd demonstrates a robust financial position supported by a substantial revenue backlog of approximately $1.6 billion, which extends for 56 years with the potential to increase to 85 years. The company maintains a healthy net loan-to-value (LTV) ratio of 54.1%, highlighting effective asset management and financial stability. Additionally, with a cash balance increasing to $413 million at the end of the second quarter, Flex LNG is well-positioned to continue supporting its ongoing dividends.
Bears say
Flex LNG's second-quarter earnings report reflected an adjusted EPS of $0.46, surpassing both analyst estimates and consensus projections. Despite this slight performance improvement, the overall financial outlook remains cautious due to broader market challenges and uncertainties in the LNG shipping sector. The company's reliance on a newer fleet, while advantageous in operational efficiency, does not mitigate potential risks associated with fluctuating demand and external market conditions.
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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