Investors with the goal of beating the broader market often turn to stock selection. Strategic choices in individual stocks can have a profound impact on your wealth.
In the latest session, Nordic American Tankers Ltd (NYSE: NAT) closed at $3.43 down -0.58% from its previous closing price of $3.45. In other words, the price has decreased by -$0.58 from its previous closing price. On the day, 2.15 million shares were traded. NAT stock price reached its highest trading level at $3.46 during the session, while it also had its lowest trading level at $3.42.
Ratios:
For a deeper understanding of Nordic American Tankers Ltd’s stock, let’s take a closer look at its various ratios. 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 726304768 and an Enterprise Value of 1091773824. As of this moment, Nordic’s Price-to-Earnings (P/E) ratio for their current fiscal year is 381.11, and their Forward P/E ratio for the next fiscal year is 11.63. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 7.80. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.59 while its Price-to-Book (P/B) ratio in mrq is 1.58. Its current Enterprise Value per Revenue stands at 3.703 whereas that against EBITDA is 14.61.
Stock Price History:
The Beta on a monthly basis for NAT is -0.43, which has changed by 0.34765625 over the last 52 weeks, in comparison to a change of 0.13613915 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 -3.87%, while the 200-Day Moving Average is calculated to be 16.02%.
Shares Statistics:
For the past three months, NAT has traded an average of 2.85M shares per day and 3252650 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 1764288000 were 13784657 with a Short Ratio of 4.83, compared to 1761868800 on 14011085. Therefore, it implies a Short% of Shares Outstanding of 13784657 and a Short% of Float of 6.81.
Dividends & Splits
According to the company, the forward annual dividend rate for NAT is 0.36, from 0.36 in the trailing year. Against a Trailing Annual Dividend Yield of 0.10434783. 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
Nordic American Tankers Ltd (NAT) is presently subject to a detailed evaluation by 2.0 analysts, each offering their unique perspectives on its market standing.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 2.0 analysts recommending between $0.28 and $0.21.
Revenue Estimates
A total of 2 analysts believe the company’s revenue will be $72.17M this quarter.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 2 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 $195.96M. In the same quarter a year ago, actual revenue was $225.1MBased on 2 analysts’ estimates, the company’s revenue will be $248.49M in the next fiscal year. The high estimate is $255.9M and the low estimate is $241.09M.
