The war in Europe is disrupting the world on many levels. Above and beyond the humanitarian casualties, there are supply shocks across the globe. Energy, specifically natural gas, has seen huge spikes. Before the war, Russia supplied a big chunk of Europe’s natural gas. The EU has since vowed to rid itself of this gas dependence. It’s making for higher prices and huge opportunities for LNG carriers.
One such LNG carrier is today’s Bull of the Day, GasLog Partners . GasLog Partners LP acquires, owns, and operates liquefied natural gas (LNG) carriers under multi-year charters. As of February 24, 2022, it operated a fleet of 15 LNG carriers. The company was founded in 2014 and is based in Piraeus, Greece.
GasLog Partners is a Zacks Rank #1 (Strong Buy) in the Transportation – Shipping industry which ranks in the Top 12% of our Zacks Industry Rank. In addition to the favorable Zacks Rank, the company enjoys a Zacks Value Style Score of A, Growth of C and Momentum of F to help it round out with a VGM Composite Score of B.
Over the last week alone, 2 analysts have increased their earnings estimates for the current year and next year. The bullish sentiment has pushed up our Zacks Consensus Estimates for the current year from $1.55 to $1.80 while next year’s number is up from $1.01 to $1.33.
That means the stock is currently trading at 2.67x earnings. Compare that to the industry average of 7.8x or the broad market’s 18.2x. Part of the reason for that is the earnings contraction upcoming. Still, hard to punish a stock for a banner year like this just because next year prices are likely to come back to Earth.
Zacks Names "Single Best Pick to Double"
From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.
It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time.
This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year.
Free: See Our Top Stock and 4 Runners Up >>
The war in Europe is disrupting the world on many levels. Above and beyond the humanitarian casualties, there are supply shocks across the globe. Energy, specifically natural gas, has seen huge spikes. Before the war, Russia supplied a big chunk of Europe’s natural gas. The EU has since vowed to rid itself of this gas dependence. It’s making for higher prices and huge opportunities for LNG carriers.
One such LNG carrier is today’s Bull of the Day, GasLog Partners . GasLog Partners LP acquires, owns, and operates liquefied natural gas (LNG) carriers under multi-year charters. As of February 24, 2022, it operated a fleet of 15 LNG carriers. The company was founded in 2014 and is based in Piraeus, Greece.
GasLog Partners is a Zacks Rank #1 (Strong Buy) in the Transportation – Shipping industry which ranks in the Top 12% of our Zacks Industry Rank. In addition to the favorable Zacks Rank, the company enjoys a Zacks Value Style Score of A, Growth of C and Momentum of F to help it round out with a VGM Composite Score of B.
Over the last week alone, 2 analysts have increased their earnings estimates for the current year and next year. The bullish sentiment has pushed up our Zacks Consensus Estimates for the current year from $1.55 to $1.80 while next year’s number is up from $1.01 to $1.33.
That means the stock is currently trading at 2.67x earnings. Compare that to the industry average of 7.8x or the broad market’s 18.2x. Part of the reason for that is the earnings contraction upcoming. Still, hard to punish a stock for a banner year like this just because next year prices are likely to come back to Earth.
Zacks Names "Single Best Pick to Double"
From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.
It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time.
This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year.
Free: See Our Top Stock and 4 Runners Up >>