Seeking to outpace the market, investors engage in the art of selecting individual stocks. The right picks can play a pivotal role in boosting your wealth.
The price of Torm Plc (NASDAQ: TRMD) closed at $22.2 in the last session, up 0.14% from day before closing price of $22.17. In other words, the price has increased by $0.14 from its previous closing price. On the day, 0.67 million shares were traded. TRMD stock price reached its highest trading level at $22.5 during the session, while it also had its lowest trading level at $21.92.
Ratios:
We take a closer look at TRMD’s different ratios to gain a better understanding of the stock. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 5.88 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 9.30. For the most recent quarter (mrq), Quick Ratio is recorded 2.30 and its Current Ratio is at 2.57. In the meantime, Its Debt-to-Equity ratio is 0.53 whereas as Long-Term Debt/Eq ratio is at 0.46.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of. The stock’s future direction. In the most recent recommendation for this company, H.C. Wainwright on April 12, 2022, initiated with a Buy rating and assigned the stock a target price of $14.
Insider Transactions:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Sep 30 ’24 when OCM Njord Holdings S.a r.l. bought 3,528,866 shares for $34.19 per share.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, TRMD now has a Market Capitalization of 2175539968 and an Enterprise Value of 2941799936. As of this moment, Torm’s Price-to-Earnings (P/E) ratio for their current fiscal year is 6.65, and their Forward P/E ratio for the next fiscal year is 10.77. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.65 while its Price-to-Book (P/B) ratio in mrq is 1.03. Its current Enterprise Value per Revenue stands at 2.226 whereas that against EBITDA is 5.301.
Stock Price History:
The Beta on a monthly basis for TRMD is 0.07, which has changed by -0.35652173 over the last 52 weeks, in comparison to a change of 0.16333759 over the same period for the S&P500. Over the past 52 weeks, TRMD has reached a high of $35.43, while it has fallen to a 52-week low of $13.60. The 50-Day Moving Average of the stock is 8.43%, while the 200-Day Moving Average is calculated to be 18.60%.
Shares Statistics:
According to the various share statistics, TRMD traded on average about 798.94K shares per day over the past 3-months and 674510 shares per day over the past 10 days. A total of 98.00M shares are outstanding, with a floating share count of 57.36M. Insiders hold about 41.44% of the company’s shares, while institutions hold 59.87% stake in the company. Shares short for TRMD as of 1756425600 were 1876746 with a Short Ratio of 2.35, compared to 1753920000 on 2103681. Therefore, it implies a Short% of Shares Outstanding of 1876746 and a Short% of Float of 3.27.
Earnings Estimates
The market rating for Torm Plc (TRMD) is a result of the insights provided by 1 analysts actively involved in the assessment.The consensus estimate for the next quarter is $0.68, with high estimates of $0.68 and low estimates of $0.68.
Analysts are recommending an EPS of between $2.55 and $2.55 for the fiscal current year, implying an average EPS of $2.55. EPS for the following year is $1.52, with 1.0 analysts recommending between $1.52 and $1.52.
Revenue Estimates
According to 4 analysts, the current quarter’s revenue is expected to be $258.48M. It ranges from a high estimate of $340M to a low estimate of $225.9M. As of the current estimate, Torm Plc’s year-ago sales were $372.1MFor the next quarter, 4 analysts are estimating revenue of $249.31M. There is a high estimate of $313M for the next quarter, whereas the lowest estimate is $207.72M.
A total of 4 analysts have provided revenue estimates for TRMD’s current fiscal year. The highest revenue estimate was $1.3B, while the lowest revenue estimate was $862.32M, resulting in an average revenue estimate of $990.47M. In the same quarter a year ago, actual revenue was $1.56BBased on 5 analysts’ estimates, the company’s revenue will be $883.89M in the next fiscal year. The high estimate is $997.47M and the low estimate is $755M.
