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The price of Nordic American Tankers Ltd (NYSE: NAT) closed at $3.27 in the last session, up 2.51% from day before closing price of $3.19. In other words, the price has increased by $2.51 from its previous closing price. On the day, 2.65 million shares were traded. NAT stock price reached its highest trading level at $3.28 during the session, while it also had its lowest trading level at $3.17.
Ratios:
We take a closer look at NAT’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 1.90 and its Current Ratio is at 2.33. In the meantime, Its Debt-to-Equity ratio is 0.91 whereas as Long-Term Debt/Eq ratio is at 0.84.
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 692425792 and an Enterprise Value of 1040235648. As of this moment, Nordic’s Price-to-Earnings (P/E) ratio for their current fiscal year is 51.25, and their Forward P/E ratio for the next fiscal year is 11.47. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 2.50. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.40 while its Price-to-Book (P/B) ratio in mrq is 1.43. Its current Enterprise Value per Revenue stands at 3.454 whereas that against EBITDA is 12.525.
Stock Price History:
The Beta on a monthly basis for NAT is -0.31, which has changed by -0.099173546 over the last 52 weeks, in comparison to a change of 0.17089343 over the same period for the S&P500. Over the past 52 weeks, NAT has reached a high of $3.83, while it has fallen to a 52-week low of $2.13. The 50-Day Moving Average of the stock is 13.38%, while the 200-Day Moving Average is calculated to be 21.51%.
Shares Statistics:
According to the various share statistics, NAT traded on average about 2.08M shares per day over the past 3-months and 2304510 shares per day over the past 10 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 39.35% stake in the company. Shares short for NAT as of 1756425600 were 13906772 with a Short Ratio of 6.69, compared to 1753920000 on 13642224. Therefore, it implies a Short% of Shares Outstanding of 13906772 and a Short% of Float of 6.87.
Dividends & Splits
The forward annual dividend rate for NAT is 0.29, which was 0.27 in the trailing 12 months. Against a Trailing Annual Dividend Yield of 0.0846395The stock’s 5-year Average Dividend Yield is 9.15. The current Payout Ratio is 180.02% for NAT, which recently paid a dividend on 2025-06-12 with an ex-dividend date of 2025-09-12. Stock splits for the company last occurred on 2017-08-10 when the company split stock in a 1008:1000 ratio.
Earnings Estimates
The stock of Nordic American Tankers Ltd (NAT) is currently being evaluated by 3.0 analysts who are actively contributing to its market rating.The consensus estimate for the next quarter is $0.08, with high estimates of $0.11 and low estimates of $0.05.
Analysts are recommending an EPS of between $0.09 and $0.02 for the fiscal current year, implying an average EPS of $0.05. EPS for the following year is $0.21, with 3.0 analysts recommending between $0.24 and $0.17.
Revenue Estimates
According to 3 analysts, the current quarter’s revenue is expected to be $53.34M. It ranges from a high estimate of $58.2M to a low estimate of $48.37M. As of the current estimate, Nordic American Tankers Ltd’s year-ago sales were $52.04MFor the next quarter, 3 analysts are estimating revenue of $66.52M. There is a high estimate of $72.5M for the next quarter, whereas the lowest estimate is $63.34M.
A total of 3 analysts have provided revenue estimates for NAT’s current fiscal year. The highest revenue estimate was $208.8M, while the lowest revenue estimate was $190.2M, resulting in an average revenue estimate of $197.97M. In the same quarter a year ago, actual revenue was $225.1MBased on 3 analysts’ estimates, the company’s revenue will be $240.99M in the next fiscal year. The high estimate is $241.09M and the low estimate is $240.9M.
