Investors on the quest for market-beating returns often employ the strategy of stock picking. Making informed choices in stocks can greatly amplify your wealth.
Torm Plc (NASDAQ: TRMD) closed the day trading at $18.01 down -2.20% from the previous closing price of $18.42. In other words, the price has decreased by -$2.20 from its previous closing price. On the day, 0.71 million shares were traded. TRMD stock price reached its highest trading level at $18.62 during the session, while it also had its lowest trading level at $17.86.
Ratios:
For a better understanding of TRMD, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 6.03 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 7.17. For the most recent quarter (mrq), Quick Ratio is recorded 1.92 and its Current Ratio is at 2.16. In the meantime, Its Debt-to-Equity ratio is 0.59 whereas as Long-Term Debt/Eq ratio is at 0.51.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. 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.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Sep 30 ’24 when OCM Njord Holdings S.a r.l. bought 3,528,866 shares for $34.19 per share.
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 1761117568 and an Enterprise Value of 2708432128. As of this moment, Torm’s Price-to-Earnings (P/E) ratio for their current fiscal year is 2.81, and their Forward P/E ratio for the next fiscal year is 5.74. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.13 while its Price-to-Book (P/B) ratio in mrq is 0.85. Its current Enterprise Value per Revenue stands at 1.737 whereas that against EBITDA is 3.4.
Stock Price History:
The Beta on a monthly basis for TRMD is 0.08, which has changed by -0.47432154 over the last 52 weeks, in comparison to a change of 0.10063088 over the same period for the S&P500. Over the past 52 weeks, TRMD has reached a high of $40.47, while it has fallen to a 52-week low of $16.76. The 50-Day Moving Average of the stock is -6.89%, while the 200-Day Moving Average is calculated to be -35.48%.
Shares Statistics:
Over the past 3-months, TRMD traded about 1.14M shares per day on average, while over the past 10 days, TRMD traded about 820650 shares per day. A total of 97.81M shares are outstanding, with a floating share count of 53.48M. Insiders hold about 45.14% of the company’s shares, while institutions hold 62.57% stake in the company. Shares short for TRMD as of 1741910400 were 3885251 with a Short Ratio of 4.55, compared to 1739491200 on 5472262. Therefore, it implies a Short% of Shares Outstanding of 3885251 and a Short% of Float of 6.83.
Dividends & Splits
TRMD’s forward annual dividend rate is 6.46, up from 5.1 a year ago. Against a Trailing Annual Dividend Yield of 0.27687296
Earnings Estimates
The market rating of Torm Plc (TRMD) is currently shaped by the ongoing analysis conducted by 1.0 analysts closely monitoring its performance.The consensus estimate for the next quarter is $0.89, with high estimates of $0.89 and low estimates of $0.89.
Analysts are recommending an EPS of between $3.48 and $3.43 for the fiscal current year, implying an average EPS of $3.45. EPS for the following year is $3.74, with 2.0 analysts recommending between $4.25 and $3.24.
Revenue Estimates
3 analysts predict $244.25M in revenue for the current quarter. It ranges from a high estimate of $300M to a low estimate of $212.16M. As of the current estimate, Torm Plc’s year-ago sales were $444.1MFor the next quarter, 3 analysts are estimating revenue of $248.9M. There is a high estimate of $293M for the next quarter, whereas the lowest estimate is $215.41M.
A total of 5 analysts have provided revenue estimates for TRMD’s current fiscal year. The highest revenue estimate was $1.15B, while the lowest revenue estimate was $849.98M, resulting in an average revenue estimate of $977.04M. In the same quarter a year ago, actual revenue was $1.56BBased on 5 analysts’ estimates, the company’s revenue will be $921.77M in the next fiscal year. The high estimate is $995.7M and the low estimate is $786.64M.
