Global Ship Lease(GSL)

Search documents
Should Value Investors Buy Global Ship Lease (GSL) Stock?
ZACKS· 2025-01-27 15:41
The proven Zacks Rank system focuses on earnings estimates and estimate revisions to find winning stocks. Nevertheless, we know that our readers all have their own perspectives, so we are always looking at the latest trends in value, growth, and momentum to find strong picks.Considering these trends, value investing is clearly one of the most preferred ways to find strong stocks in any type of market. Value investors use tried-and-true metrics and fundamental analysis to find companies that they believe are ...
Are Investors Undervaluing Global Ship Lease (GSL) Right Now?
ZACKS· 2025-01-08 15:46
Core Viewpoint - The article emphasizes the importance of value investing and highlights Global Ship Lease (GSL) as a strong candidate for value investors due to its favorable financial metrics and strong Zacks Rank [1][2][7]. Group 1: Company Overview - Global Ship Lease (GSL) currently holds a Zacks Rank of 1 (Strong Buy) and an A for Value, indicating strong potential for value investors [4]. - GSL has a P/E ratio of 2.34, significantly lower than its industry's average P/E of 6.19, suggesting it may be undervalued [4]. - The stock's Forward P/E has fluctuated between 2.13 and 3.34 over the past year, with a median of 2.68, further indicating its valuation status [4]. Group 2: Financial Metrics - GSL's P/S ratio stands at 1.17, which is slightly below the industry's average P/S of 1.22, reinforcing its value proposition [5]. - The company has a P/CF ratio of 1.81, compared to the industry's average P/CF of 4.71, indicating a strong cash flow outlook relative to its peers [6]. - Over the past year, GSL's P/CF has ranged from 1.66 to 2.53, with a median of 1.94, highlighting its consistent cash performance [6]. Group 3: Investment Outlook - The combination of GSL's strong earnings outlook and favorable valuation metrics positions it as an impressive value stock at the moment [7].
Global Ship Lease(GSL) - 2024 Q3 - Quarterly Report
2024-11-12 21:05
Exhibit 99.2 GLOBAL SHIP LEASE, INC. INTERIM UNAUDITED CONDENSED CONSOLIDATED FINANCIAL STATEMENTS PERIOD ENDED SEPTEMBER 30, 2024 GLOBAL SHIP LEASE, INC. | --- | --- | |----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|-------| | Index | Page | | INTERIM UNAUDITED CONDENSED CONSOLIDATED BALANCE SHEETS AS AT SEPTEMBER 30, 2024 AND DECEMBER 31, 2023 | F-1 | | INTERIM UNAUDITED COND ...
Global Ship Lease(GSL) - 2024 Q3 - Earnings Call Transcript
2024-11-11 18:20
Financial Data and Key Metrics Changes - The company reported its Q3 2024 earnings, with specific financial results and metrics to be detailed in the accompanying slides [3]. Business Line Data and Key Metrics Changes - Detailed performance metrics for each business line were not provided in the available content [3]. Market Data and Key Metrics Changes - Specific market data and key metrics were not included in the provided content [3]. Company Strategy and Development Direction and Industry Competition - The company emphasized the importance of forward-looking statements and the inherent uncertainties associated with them, indicating a cautious approach to future planning [4]. Management's Comments on Operating Environment and Future Outlook - Management highlighted the potential for actual results to differ materially from forward-looking statements due to various factors, suggesting a focus on risk management [4]. Other Important Information - The company directed attention to the Risk Factors section of its most recent annual report, indicating a commitment to transparency regarding potential risks [4]. Q&A Session Summary Question: Inquiry about financial performance and outlook - Specific questions and answers from the Q&A session were not provided in the available content [3].
Global Ship Lease (GSL) Q3 Earnings Beat Estimates
ZACKS· 2024-11-11 15:11
Core Viewpoint - Global Ship Lease reported quarterly earnings of $2.45 per share, exceeding the Zacks Consensus Estimate of $2.43 per share, and showing an increase from $2.33 per share a year ago, indicating a positive earnings surprise of 0.82% [1] Financial Performance - The company posted revenues of $174.06 million for the quarter ended September 2024, which was 1% below the Zacks Consensus Estimate and a slight decrease from $174.53 million in the same quarter last year [2] - Over the last four quarters, Global Ship Lease has surpassed consensus EPS estimates four times and topped consensus revenue estimates three times [2] Stock Performance - Global Ship Lease shares have increased approximately 24% since the beginning of the year, compared to a 25.7% gain in the S&P 500 [3] - The stock's immediate price movement will largely depend on management's commentary during the earnings call [3] Future Outlook - The current consensus EPS estimate for the upcoming quarter is $2.43 on revenues of $173.99 million, and for the current fiscal year, it is $9.85 on revenues of $699.06 million [7] - The estimate revisions trend for Global Ship Lease is currently unfavorable, resulting in a Zacks Rank 4 (Sell), indicating expected underperformance in the near future [6] Industry Context - The Transportation - Shipping industry, to which Global Ship Lease belongs, is currently ranked in the bottom 20% of over 250 Zacks industries, suggesting potential challenges ahead [8]
Global Ship Lease(GSL) - 2024 Q1 - Quarterly Report
2024-08-06 12:01
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 6-K REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13A-16 OR 15D-16 OF THE SECURITIES EXCHANGE ACT OF 1934 For the month of August 2024 Commission File Number: 001-34153 Global Ship Lease, Inc. (Translation of registrant's name into English) c/o GSL Enterprises Ltd. 9 Irodou Attikou Street Kifisia, Athens Greece, 14561 (Address of principal executive office) Indicate by check mark whether the registrant files or will file annual ...
Global Ship Lease Reports Results for the Second Quarter of 2024
Newsfilter· 2024-08-05 12:00
ATHENS, GREECE, Aug. 05, 2024 (GLOBE NEWSWIRE) -- Global Ship Lease, Inc. (NYSE:GSL) (the "Company", "Global Ship Lease" or "GSL"), an owner of containerships, announced today its unaudited results for the three and six month periods ended June 30, 2024. Second Quarter of 2024 and Year to Date Highlights - Reported operating revenue of $175.0 million for the second quarter of 2024, an increase of 8.0% on operating revenue of $162.1 million for the prior year period. For the six months ended June 30, 2024, o ...
Global Ship Lease (GSL) Reports Next Week: Wall Street Expects Earnings Growth
ZACKS· 2024-07-29 15:06
The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on August 5. On the other hand, if they miss, the stock may move lower. This containership owner is expected to post quarterly earnings of $2.27 per share in its upcoming report, which represents a year-over-year change of +8.6%. The consensus EPS estimate for the quarter has been revised 0.21% lower over the last 30 days to the current level. This is essentially a reflection o ...
Global Ship Lease Announces Second Quarter 2024 Earnings Release, Conference Call and Webcast
Newsfilter· 2024-07-22 20:15
What: Second Quarter 2024 Conference Call and Webcast ATHENS, Greece, July 22, 2024 (GLOBE NEWSWIRE) -- Global Ship Lease, Inc. (NYSE:GSL) (the "Company"), a containership charter owner, announced today that it will hold a conference call to discuss the Company's results for the second quarter 2024 on Monday, August 5, 2024 at 10:30 a.m. Eastern Time. The Company will issue financial results for the second quarter 2024 on Monday, August 5, 2024 before the open of market trading. Where: There are two ways to ...
3 Once-in-a-Lifetime Stock Picks Due for an Unprecedented Surge
Investor Place· 2024-06-27 12:00
SilverCrest Metals (SILV) To sum up, SilverCrest's strategic currency management and cost control measures further enhance its financial stability, which makes it a top pick on the high-growth stock picks list. In addition, the $54.6 million in contractual revenues added in the first quarter of 2024 highlights the company's proactive strategy for growing contract coverage. Hence, this improves income predictability and lowers the risks related to open ships. Moreover, net income increased by 24% to $89.5 mi ...