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.
After finishing at $20.39 in the prior trading day, Torm Plc (NASDAQ: TRMD) closed at $19.41, down -4.81%. In other words, the price has decreased by -$4.81 from its previous closing price. On the day, 2.06 million shares were traded. TRMD stock price reached its highest trading level at $20.2955 during the session, while it also had its lowest trading level at $19.28.
Ratios:
Our goal is to gain a better understanding of TRMD by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 4.74 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 6.05. For the most recent quarter (mrq), Quick Ratio is recorded 2.24 and its Current Ratio is at 2.47. 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 1994086272 and an Enterprise Value of 2647232000. As of this moment, Torm’s Price-to-Earnings (P/E) ratio for their current fiscal year is 2.51, and their Forward P/E ratio for the next fiscal year is 4.62. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.15 while its Price-to-Book (P/B) ratio in mrq is 0.91. Its current Enterprise Value per Revenue stands at 1.613 whereas that against EBITDA is 3.073.
Stock Price History:
The Beta on a monthly basis for TRMD is 0.13, which has changed by -0.43313873 over the last 52 weeks, in comparison to a change of 0.23171377 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 $17.77. The 50-Day Moving Average of the stock is -7.53%, while the 200-Day Moving Average is calculated to be -38.50%.
Shares Statistics:
The stock has traded on average 1.33M shares per day over the past 3-months and 1548160 shares per day over the last 10 days, according to various share statistics. A total of 95.20M shares are outstanding, with a floating share count of 53.38M. Insiders hold about 45.14% of the company’s shares, while institutions hold 64.87% stake in the company. Shares short for TRMD as of 1735603200 were 4838933 with a Short Ratio of 3.63, compared to 1732838400 on 3709529. Therefore, it implies a Short% of Shares Outstanding of 4838933 and a Short% of Float of 10.4499996.
Dividends & Splits
In the trailing 12 months, TRMD’s forward annual dividend rate was 5.86, compared to 5.86 this year. Against a Trailing Annual Dividend Yield of 0.2873958
Earnings Estimates
The current assessment of Torm Plc (TRMD) involves the perspectives of 2 analysts closely monitoring its market dynamics.The consensus estimate for the next quarter is $1.12, with high estimates of $1.34 and low estimates of $0.91.
Analysts are recommending an EPS of between $6.37 and $5.99 for the fiscal current year, implying an average EPS of $6.18. EPS for the following year is $4.18, with 2.0 analysts recommending between $4.6 and $3.77.
Revenue Estimates
4 analysts predict $280.86M in revenue for the current quarter. It ranges from a high estimate of $316.5M to a low estimate of $239.96M. As of the current estimate, Torm Plc’s year-ago sales were $387.79MFor the next quarter, 4 analysts are estimating revenue of $269M. There is a high estimate of $270M for the next quarter, whereas the lowest estimate is $268M.
A total of 5 analysts have provided revenue estimates for TRMD’s current fiscal year. The highest revenue estimate was $1.57B, while the lowest revenue estimate was $1.14B, resulting in an average revenue estimate of $1.33B. In the same quarter a year ago, actual revenue was $1.52BBased on 5 analysts’ estimates, the company’s revenue will be $1.14B in the next fiscal year. The high estimate is $1.5B and the low estimate is $947.6M.
