The pursuit of outperformance leads many investors to carefully choose individual stocks. Picking the right ones can be a game-changer for growing your wealth.
The closing price of Nordic American Tankers Ltd (NYSE: NAT) was $3.53 for the day, down -1.12% from the previous closing price of $3.57. In other words, the price has decreased by -$1.12 from its previous closing price. On the day, 3.12 million shares were traded. NAT stock price reached its highest trading level at $3.58 during the session, while it also had its lowest trading level at $3.49.
Ratios:
Our analysis of NAT’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 1.50 and its Current Ratio is at 1.95. In the meantime, Its Debt-to-Equity ratio is 0.94 whereas as Long-Term Debt/Eq ratio is at 0.86.
On September 06, 2022, Jefferies Upgraded its rating to Buy which previously was Hold and also upped its target price recommendation from $3 to $4.
On July 21, 2022, Jefferies started tracking the stock assigning a Hold rating and target price of $3.Jefferies initiated its Hold rating on July 21, 2022, with a $3 target price.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, NAT now has a Market Capitalization of 747479808 and an Enterprise Value of 1157416448. As of this moment, Nordic’s Price-to-Earnings (P/E) ratio for their current fiscal year is 392.22, and their Forward P/E ratio for the next fiscal year is 11.97. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 8.03. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.66 while its Price-to-Book (P/B) ratio in mrq is 1.62. Its current Enterprise Value per Revenue stands at 3.926 whereas that against EBITDA is 15.489.
Stock Price History:
The Beta on a monthly basis for NAT is -0.43, which has changed by 0.35227275 over the last 52 weeks, in comparison to a change of 0.12529528 over the same period for the S&P500. Over the past 52 weeks, NAT has reached a high of $3.93, while it has fallen to a 52-week low of $2.13. The 50-Day Moving Average of the stock is -0.76%, while the 200-Day Moving Average is calculated to be 19.96%.
Shares Statistics:
NAT traded an average of 2.80M shares per day over the past three months and 3036270 shares per day over the past ten days. A total of 211.75M shares are outstanding, with a floating share count of 211.75M. Insiders hold about 0.00% of the company’s shares, while institutions hold 43.09% stake in the company. Shares short for NAT as of 1763078400 were 13599306 with a Short Ratio of 4.86, compared to 1760486400 on 14224466. Therefore, it implies a Short% of Shares Outstanding of 13599306 and a Short% of Float of 6.710000000000001.
Dividends & Splits
With its trailing 12-month dividend rate of 0.36, NAT has a forward annual dividend rate of 0.36. Against a Trailing Annual Dividend Yield of 0.100840345. The stock’s 5-year Average Dividend Yield is 8.87. The current Payout Ratio is 180.02% for NAT, which recently paid a dividend on 2025-06-12 with an ex-dividend date of 2025-12-08. Stock splits for the company last occurred on 2017-08-10 when the company split stock in a 1008:1000 ratio.
Earnings Estimates
The firm’s stock currently is rated by 3.0 analysts. The consensus estimate for the next quarter is $0.1, with high estimates of $0.1 and low estimates of $0.1.
Analysts are recommending an EPS of between $0.06 and $0.04 for the fiscal current year, implying an average EPS of $0.05. EPS for the following year is $0.25, with 3.0 analysts recommending between $0.28 and $0.21.
Revenue Estimates
It is expected that $90B in revenue will be generated in. The current quarter, according to 3 analysts. It ranges from a high estimate of $74.9M to a low estimate of $69.43M. As of. The current estimate, Nordic American Tankers Ltd’s year-ago sales were $46.39M
A total of 3 analysts have provided revenue estimates for NAT’s current fiscal year. The highest revenue estimate was $198.7M, while the lowest revenue estimate was $193.22M, resulting in an average revenue estimate of $195.66M. In the same quarter a year ago, actual revenue was $225.1MBased on 3 analysts’ estimates, the company’s revenue will be $249.16M in the next fiscal year. The high estimate is $255.9M and the low estimate is $241.09M.
