Beyond market averages, investors looking for exceptional returns turn to stock picking. Skillful choices in individual stocks have the power to substantially increase your wealth.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
The closing price of Nordic American Tankers Ltd (NYSE: NAT) was $3.63 for the day, down -0.27% from the previous closing price of $3.64. In other words, the price has decreased by -$0.27 from its previous closing price. On the day, 1.9 million shares were traded. NAT stock price reached its highest trading level at $3.68 during the session, while it also had its lowest trading level at $3.61.
Ratios:
Our analysis of NAT’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 15.15 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 14.49. For the most recent quarter (mrq), Quick Ratio is recorded 0.53 and its Current Ratio is at 0.77. In the meantime, Its Debt-to-Equity ratio is 0.56 whereas as Long-Term Debt/Eq ratio is at 0.36.
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 the company, Jefferies on September 06, 2022, Upgraded its rating to Buy and sets its target price to $4 from $3 previously.
On July 21, 2022, Jefferies started tracking the stock assigning a Hold rating and target price of $3.
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 757929472 and an Enterprise Value of 1005678080. As of this moment, Nordic’s Price-to-Earnings (P/E) ratio for their current fiscal year is 11.34, and their Forward P/E ratio for the next fiscal year is 5.36. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 2.27. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.28 while its Price-to-Book (P/B) ratio in mrq is 1.43. Its current Enterprise Value per Revenue stands at 2.754 whereas that against EBITDA is 6.746.
Stock Price History:
Over the past 52 weeks, NAT has reached a high of $4.83, while it has fallen to a 52-week low of $3.61. The 50-Day Moving Average of the stock is -8.91%, while the 200-Day Moving Average is calculated to be -12.06%.
Shares Statistics:
NAT traded an average of 2.35M shares per day over the past three months and 2649650 shares per day over the past ten days. A total of 208.80M shares are outstanding, with a floating share count of 202.49M. Insiders hold about 3.02% of the company’s shares, while institutions hold 43.62% stake in the company. Shares short for NAT as of 1721001600 were 6958144 with a Short Ratio of 2.96, compared to 1718323200 on 5896812. Therefore, it implies a Short% of Shares Outstanding of 6958144 and a Short% of Float of 3.45.
Dividends & Splits
With its trailing 12-month dividend rate of 0.43, NAT has a forward annual dividend rate of 0.43. Against a Trailing Annual Dividend Yield of 0.11813187The stock’s 5-year Average Dividend Yield is 7.44.
Earnings Estimates
The performance of Nordic American Tankers Ltd (NAT) in the stock market is under the watchful eye of 4.0 analysts actively contributing to its current rating.On average, analysts expect EPS of $0.08 for the current quarter, with a high estimate of $0.1 and a low estimate of $0.04, while EPS last year was $0.13. The consensus estimate for the next quarter is $0.09, with high estimates of $0.1 and low estimates of $0.08.
Analysts are recommending an EPS of between $0.65 and $0.39 for the fiscal current year, implying an average EPS of $0.48. EPS for the following year is $0.72, with 6.0 analysts recommending between $0.91 and $0.47.
Revenue Estimates
It is expected that $90B in revenue will be generated in the current quarter, according to 4 analysts. It ranges from a high estimate of $64M to a low estimate of $54.34M. As of the current estimate, Nordic American Tankers Ltd’s year-ago sales were $76.17MFor the next quarter, 4 analysts are estimating revenue of $68.74M. There is a high estimate of $82.82M for the next quarter, whereas the lowest estimate is $62M.
A total of 6 analysts have provided revenue estimates for NAT’s current fiscal year. The highest revenue estimate was $303M, while the lowest revenue estimate was $264.07M, resulting in an average revenue estimate of $281.47M. In the same quarter a year ago, actual revenue was $262.18MBased on 6 analysts’ estimates, the company’s revenue will be $319.2M in the next fiscal year. The high estimate is $358M and the low estimate is $277.51M.
