$22.24
1.97% today
NYSE, Dec 30, 09:46 pm CET
ISIN
BMG359472021
Symbol
FLNG
Sector
Industry

FLEX LNG Ltd Target price 2024 - Analyst rating & recommendation

FLEX LNG Ltd Classifications & Recommendation:

Buy
38%
Hold
63%

FLEX LNG Ltd Price Target

Target Price $26.47
Price $21.81
Potential
Number of Estimates 7
7 Analysts have issued a price target FLEX LNG Ltd 2025 . The average FLEX LNG Ltd target price is $26.47. This is higher than the current stock price. The highest price target is , the lowest is .
A rating was issued by 8 analysts: 3 Analysts recommend FLEX LNG Ltd to buy, 5 to hold and 0 to sell.
Analysts don't have a crystal ball either, but they do represent the opinion of the market quite well. You should not take the price potential and the ratings as a recommendation to act. Rather, they serve as an additional building block for your own opinion or stock analysis.
Analyst Estimates: Analysts believe that the FLEX LNG Ltd stock has an average upside potential 2025 of . Most analysts recommend the FLEX LNG Ltd stock at Hold.

Sales and Margin forecast 2024, 2025 to 2027

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Quarter Annually
Dec '23 2024
Estimates
Revenue Million $ 371.02 355.98
6.64% 4.05%
EBITDA Margin 78.30% 77.47%
0.15% 1.06%
Net Margin 32.36% 30.36%
40.69% 6.19%

9 Analysts have issued a sales forecast FLEX LNG Ltd 2024 . The average FLEX LNG Ltd sales estimate is

$356m
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. This is
1.84% lower
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than the revenue of the last 12 months(TTM). The highest sales forecast is
$364m 0.37%
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, the lowest is
$352m 2.94%
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.

This results in the following potential growth metrics:

Revenue Estimates

2023 $371m 6.64%
2024
$356m 4.05%
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2025
$358m 0.60%
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2026
$370m 3.35%
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2027
$403m 8.97%
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9 Analysts have issued an FLEX LNG Ltd EBITDA forecast 2024. The average FLEX LNG Ltd EBITDA estimate is

$276m
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. This is
1.81% lower
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than the EBITDA of the last 12 months(TTM). The highest EBITDA forecast is
$284m 1.12%
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, the lowest is
$272m 3.15%
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.

This results in the following potential growth metrics and future EBITDA Margins:

EBITDA Estimates

2023 $291m 6.48%
2024
$276m 5.08%
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2025
$276m 0.11%
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2026
$289m 4.61%
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2027
$301m 4.33%
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EBITDA Margin

2023 78.30% 0.15%
2024
77.47% 1.06%
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2025
77.09% 0.49%
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2026
78.03% 1.22%
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2027
74.71% 4.25%
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8 FLEX LNG Ltd Analysts have issued a net profit forecast 2024. The average FLEX LNG Ltd net profit estimate is

$108m
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. This is
17.55% higher
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than the net profit for the last 12 months(TTM). The highest net profit forecast is
$125m 36.47%
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, the lowest is
$97.4m 5.88%
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.

This results in the following potential growth metrics and future Net Margins:

Net Profit Estimates

2023 $120m 36.75%
2024
$108m 9.98%
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2025
$119m 9.76%
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2026
$140m 17.59%
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2027
$171m 22.22%
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Net Margin

2023 32.36% 40.69%
2024
30.36% 6.19%
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2025
33.13% 9.12%
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2026
37.69% 13.76%
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2027
42.28% 12.18%
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Earnings per share, P/E ratio and EV/sales Estimates 2024, 2025 to 2027

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Quarter Annually
Dec '23 2024
Estimates
Earnings Per Share $ 2.22 2.00
36.75% 9.91%
P/E 10.91
EV/Sales 7.19

8 Analysts have issued a FLEX LNG Ltd forecast for earnings per share. The average FLEX LNG Ltd <a href=https://blog.stocksguide.com/knowledge/eps-simply-explained>EPS is

$2.00
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. This is
17.65% higher
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than earnings per share in the financial year 2023. The highest <a href=https://blog.stocksguide.com/knowledge/eps-simply-explained>EPS forecast is
$2.32 36.47%
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, the lowest is
$1.80 5.88%
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.

This results in the following potential growth metrics and future valuations:

Earnings Per Share

2023 $2.22 36.75%
2024
$2.00 9.91%
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2025
$2.19 9.50%
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2026
$2.58 17.81%
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2027
$3.15 22.09%
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P/E ratio

Current 12.82 12.55%
2024
10.91 14.90%
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2025
9.94 8.89%
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2026
8.46 14.89%
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2027
6.92 18.20%
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Based on analysts' sales estimates for 2024, the FLEX LNG Ltd stock is valued at an <a href=https://blog.stocksguide.com/knowledge/enterprise-value-sales-simply-explained>EV/Sales of

and an <a href=https://blog.stocksguide.com/knowledge/price-sales-ratio-simply-explained>P/S ratio of .

This results in the following potential growth metrics and future valuations:

EV/Sales

Current 7.05 13.28%
2024
7.19 1.94%
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2025
7.14 0.60%
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2026
6.91 3.24%
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2027
6.34 8.23%
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P/S ratio

Current 3.24 25.42%
2024
3.30 1.87%
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2025
3.28 0.60%
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2026
3.17 3.24%
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2027
2.91 8.23%
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