Company Overview - Flex LNG (FLNG) is currently ranked 1 (Strong Buy) in the Zacks Rank system, indicating strong analyst sentiment and an improving earnings outlook [3] - The Zacks Consensus Estimate for FLNG's full-year earnings has increased by 12.1% over the past three months, reflecting positive revisions in earnings estimates [3] Performance Comparison - Year-to-date, Flex LNG has gained approximately 6.4%, outperforming the average loss of 7.8% in the Transportation sector [4] - In comparison, LATAM (LTM), another outperforming stock in the Transportation sector, has returned 37.8% year-to-date [4] Industry Context - Flex LNG is part of the Transportation - Shipping industry, which consists of 36 companies and currently holds a Zacks Industry Rank of 186, with an average gain of 0.5% this year [5] - In contrast, LATAM belongs to the Transportation - Airline industry, which has seen a decline of 10.7% this year and is ranked 57 [6]
Is Flex LNG (FLNG) Stock Outpacing Its Transportation Peers This Year?