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The price of Torm Plc (NASDAQ: TRMD) closed at $21.72 in the last session, down -3.38% from day before closing price of $22.48. In other words, the price has decreased by -$3.38 from its previous closing price. On the day, 0.65 million shares were traded. TRMD stock price reached its highest trading level at $21.94 during the session, while it also had its lowest trading level at $21.47.
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 10.02 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 8.83. For the most recent quarter (mrq), Quick Ratio is recorded 2.07 and its Current Ratio is at 2.37. In the meantime, Its Debt-to-Equity ratio is 0.42 whereas as Long-Term Debt/Eq ratio is at 0.36.
Upgrades & Downgrades
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.
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 2200946176 and an Enterprise Value of 2818660096. As of this moment, Torm’s Price-to-Earnings (P/E) ratio for their current fiscal year is 7.86, and their Forward P/E ratio for the next fiscal year is 10.92. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.70 while its Price-to-Book (P/B) ratio in mrq is 0.99. Its current Enterprise Value per Revenue stands at 2.181 whereas that against EBITDA is 5.369.
Stock Price History:
The Beta on a monthly basis for TRMD is -0.02, which has changed by 0.061378717 over the last 52 weeks, in comparison to a change of 0.09654534 over the same period for the S&P500. Over the past 52 weeks, TRMD has reached a high of $23.67, while it has fallen to a 52-week low of $13.60. The 50-Day Moving Average of the stock is 0.18%, while the 200-Day Moving Average is calculated to be 13.90%.
Shares Statistics:
According to the various share statistics, TRMD traded on average about 612.27K shares per day over the past 3-months and 576480 shares per day over the past 10 days. A total of 98.00M shares are outstanding, with a floating share count of 59.31M. Insiders hold about 41.46% of the company’s shares, while institutions hold 56.95% stake in the company. Shares short for TRMD as of 1761868800 were 1271630 with a Short Ratio of 2.08, compared to 1759190400 on 2031171. Therefore, it implies a Short% of Shares Outstanding of 1271630 and a Short% of Float of 2.22.
Earnings Estimates
The stock of Torm Plc (TRMD) is currently drawing attention from 1.0 analysts actively involved in the ongoing evaluation and rating process.The consensus estimate for the next quarter is $0.47, with high estimates of $0.47 and low estimates of $0.47.
Analysts are recommending an EPS of between $2.78 and $2.78 for the fiscal current year, implying an average EPS of $2.78. EPS for the following year is $2.5, with 3.0 analysts recommending between $3.97 and $1.52.
Revenue Estimates
According to 4 analysts,. The current quarter’s revenue is expected to be $264.74M. It ranges from a high estimate of $348M to a low estimate of $221.9M. As of. The current estimate, Torm Plc’s year-ago sales were $305.4MFor the next quarter, 4 analysts are estimating revenue of $346M. There is a high estimate of $346M for the next quarter, whereas the lowest estimate is $346M.
A total of 4 analysts have provided revenue estimates for TRMD’s current fiscal year. The highest revenue estimate was $1.33B, while the lowest revenue estimate was $888.2M, resulting in an average revenue estimate of $1.01B. In the same quarter a year ago, actual revenue was $1.56BBased on 5 analysts’ estimates, the company’s revenue will be $935.05M in the next fiscal year. The high estimate is $1.11B and the low estimate is $755M.
