How to Buy Flex Lng Stock
Flex Lng Ltd
FLEX LNG Ltd. engages in the operation of carrier vessels. The firm is focused on commercial activity relating to securing hydrocarbon feed stock for floating liquefaction projects, constructing, owning and operating floating liquefaction vessels and/or LNG vessels and sales and marketing of hydrocarbons and business in connection therewith, including investing in other companies.
Flex Lng stock last closed at $22.58, up 0.31% from the previous day, and has decreased 9.79% in one year. It has underperformed other stocks in the Oil & Gas Midstream industry by 0.3 percentage points. Flex Lng stock is currently +8.3% from its 52-week low of $20.85, and -25.92% from its 52-week high of $30.48.
At the moment, there are 54.09M shares of FLNG outstanding. The market cap of FLNG is $1.22B. In the past 24 hours, 188,335 FLNG shares were traded.
How to Buy Flex Lng Stock
Wondering how to invest in Flex Lng stock? Here's how.
- Choose where to buy Flex Lng stock: You need to choose a stock brokerage, but don't worry - we've analyzed dozens of online brokerages and apps to help you figure out where to buy Flex Lng stock.
- Sign up for your brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've found.
- Put funds into your investment account: Pick your payment method and add your info.
- Analyze Flex Lng stock: The Flex Lng ticker symbol is FLNG. Is Flex Lng stock a good investment? Should you buy shares of FLNG? How do FLNG's underlying business fundamentals look? Do top analysts think Flex Lng is a good buy? Why has FLNG's stock price moved recently? (Hint: Our stock research website can help you understand if FLNG is a good stock to buy).
- Make your FLNG purchase: Decide if you will purchase FLNG shares at the current market price or use a limit order to purchase FLNG stock at a particular price.
- Monitor your investment in FLNG: Create a watchlist to important notifications about your investment in Flex Lng stock.
Step 1: Choose where to buy Flex Lng stock
You need a brokerage account to access the NYSE market and buy FLNG shares.
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Open eToro AccountStep 2: Sign up for your brokerage account
Now that you've chosen the right brokerage, you'll need to fill out some personal information so you are able to buy FLNG today.
How to Start a New Investment Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Provide your personal data to start a new brokerage account.
- Send your data by clicking the "Create Account" button. Get started with eToro today
Step 3: Put funds into your investment account
Now that you have finished signing up on the best stock trading app, you need to deposit funds:
Watch the video below for more details transferring funds into your brokerage account.
Step 4: Analyze Flex Lng stock
After you have identified the best place to buy Flex Lng stock, it's critical to research their stock prior to buying, so you truly understand the risk and upside.
Flex Lng Numbers
FLNG Due Diligence Checks
WallStreetZen was built to help average investors do more in-depth fundamental analysis in minutes instead of hours.
You can view all of the due diligence checks on FLNG's stock page.
What is the fair value of FLNG stock?
Analysts use many financial metrics, analyses, models, and charts to gauge FLNG's intrinsic value.
Using relative valuations measures:
- FLNG may be undervalued based on its P/E ratio of 10.31x, relative to Oil & Gas Midstream industry P/E ratio of 20.27x
- FLNG could be undervalued based on its P/B ratio of 1.51x, relative to Oil & Gas Midstream industry P/B ratio of 3.04x
You can do more valuation analysis on FLNG's stock here.
FLNG Financial Health
Signs that FLNG is financially healthy:
- FLNG profit margin has gone up from 32.4% to 33% in the past year.
- There are more short-term assets than short-term liabilities on the FLNG balance sheet.
Signs that FLNG is not financially healthy:
- FLNG earnings of $223.40M is not sufficient to cover its interest payments.
- Total FLNG debt is higher than 5 years ago, relative to shareholder equity.
- FLNG's operating cash flow of $182.80M allows it to safely service it's debt of $1.81B.
- FLNG has a relatively high debt to equity ratio of 2.31.
- There are more long-term liabilities than short-term assets on the FLNG balance sheet.
Is Flex Lng stock a Buy, Hold, or Sell, according to analysts?
Out of 1 Equities analysts who monitor FLNG, the consensus analyst rating on Flex Lng is a Hold
It's important to keep in mind that analyst ratings are not recommendations, nor are they financial advice.
You can dig deeper into what analysts are projecting on the Flex Lng stock forecast page.
Metrics for Advanced FLNG Traders
FLNG Performance Numbers
Last year, FLNG earnings were $117.68M. Over the past 5 year, FLNG's earnings have grown by 47.85% per year. This was faster than the Oil & Gas Midstream industry average of 11.63%.
Last year, FLNG revenue was $356.35M. During the past five year, FLNG's revenue has increased by 24.33% per year. This was faster than the Oil & Gas Midstream industry average of 7.34%.
Dive into FLNG's earnings and revenue performance here.
What are FLNG insiders up to?
In the last 12 months, insiders at FLNG have not bought or sold any shares.
Research more about who owns FLNG stock here.
Can I rely on FLNG as an income stream?
Flex Lng pays a dividend of 13.29%, compared to the Oil & Gas Midstream industry's average dividend yield of 5.88%. If you owned $1,000 of FLNG stock, you would have been paid $132.86 in the past year.
Flex Lng dividend payments have consistently grown over the past 6 years but have not remained stable.
Dig into more data about Flex Lng dividend yield and history here.
Get opinions from other investors
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Step 5: Make your FLNG purchase
There are two main options:
- Market order: A market order is an order to buy or sell a security at the best available price.
Market orders are usually fine for most investors. - Limit order: A limit order enables you to buy or sell a security at a specific price (or better).
If you want to be certain you're buying or selling at an exact dollar amount limit, use a limit order.
Press the Open button and your broker will execute your order.
If you need more help with buying stocks on eToro, watch the how to video below:
Step 6: Monitor your investment in FLNG
Now that you own some FLNG shares, you'll want to keep up with your new company.
Make a watchlist to get alerted to the latest events about your FLNG stock.
FLNG Feed
How to Buy Stock in Flex Lng
To reiterate, here are the 6 steps to buy stock in Flex Lng:
- Choose where to buy Flex Lng stock
- Sign up for your brokerage account
- Put funds into your investment account
- Analyze Flex Lng stock
- Make your FLNG purchase
- Monitor your investment in FLNG
If you need a brokerage account, eToro is our favorite venue.
Get Started with eToro TodayIf you would like to keep tabs on your new investment in Flex Lng, create a watchlist on WallStreetZen today.
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