Investors aiming for above-average returns often turn to the practice of stock picking. Skillful choices in individual stocks can be a catalyst for substantial wealth growth.
In the latest session, Torm Plc (NASDAQ: TRMD) closed at $19.46 down -0.36% from its previous closing price of $19.53. In other words, the price has decreased by -$0.36 from its previous closing price. On the day, 0.67 million shares were traded. TRMD stock price reached its highest trading level at $19.69 during the session, while it also had its lowest trading level at $19.33.
Ratios:
For a deeper understanding of Torm Plc’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 8.98 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 7.91. 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 1971934336 and an Enterprise Value of 2597179904. As of this moment, Torm’s Price-to-Earnings (P/E) ratio for their current fiscal year is 7.04, and their Forward P/E ratio for the next fiscal year is 13.67. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.53 while its Price-to-Book (P/B) ratio in mrq is 0.89. Its current Enterprise Value per Revenue stands at 2.01 whereas that against EBITDA is 4.947.
Stock Price History:
The Beta on a monthly basis for TRMD is 0.00, which has changed by -0.00661242 over the last 52 weeks, in comparison to a change of 0.13153219 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 -8.80%, while the 200-Day Moving Average is calculated to be 1.16%.
Shares Statistics:
For the past three months, TRMD has traded an average of 523.14K shares per day and 410120 over the past ten days. A total of 98.00M shares are outstanding, with a floating share count of 60.72M. Insiders hold about 40.08% of the company’s shares, while institutions hold 57.02% stake in the company. Shares short for TRMD as of 1764288000 were 1726587 with a Short Ratio of 3.30, compared to 1761868800 on 1271630. Therefore, it implies a Short% of Shares Outstanding of 1726587 and a Short% of Float of 2.8399997999999997.
Dividends & Splits
According to the company, the forward annual dividend rate for TRMD is 2.02, from 2.02 in the trailing year. Against a Trailing Annual Dividend Yield of 0.103430614
Earnings Estimates
The consensus estimate for the next quarter is $0.47, with high estimates of $0.47 and low estimates of $0.47.
EPS for the following year is $1.76, with 2 analysts recommending between $2.01 and $1.52.
Revenue Estimates
A total of 3 analysts believe the company’s revenue will be $272.98M this quarter.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, 3 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 3 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 $1.05B. In the same quarter a year ago, actual revenue was $1.56BBased on 4 analysts’ estimates, the company’s revenue will be $913.32M in the next fiscal year. The high estimate is $1.11B and the low estimate is $755M.
