Market Insight: Torm Plc (TRMD)’s Notable Drop, Closing at 36.22

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In the latest session, Torm Plc (NASDAQ: TRMD) closed at $36.22 down -0.25% from its previous closing price of $36.31. In other words, the price has decreased by -$0.25 from its previous closing price. On the day, 0.98 million shares were traded. TRMD stock price reached its highest trading level at $37.05 during the session, while it also had its lowest trading level at $36.18.

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 6.03 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 14.05. For the most recent quarter (mrq), Quick Ratio is recorded 3.36 and its Current Ratio is at 3.63. In the meantime, Its Debt-to-Equity ratio is 0.63 whereas as Long-Term Debt/Eq ratio is at 0.54.

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.

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 3401275392 and an Enterprise Value of 4064363776. As of this moment, Torm’s Price-to-Earnings (P/E) ratio for their current fiscal year is 4.56, and their Forward P/E ratio for the next fiscal year is 5.81. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.14 while its Price-to-Book (P/B) ratio in mrq is 1.62. Its current Enterprise Value per Revenue stands at 2.673 whereas that against EBITDA is 5.115.

Stock Price History:

The Beta on a monthly basis for TRMD is 0.18, which has changed by 0.33112824 over the last 52 weeks, in comparison to a change of 0.26265144 over the same period for the S&P500. Over the past 52 weeks, TRMD has reached a high of $37.11, while it has fallen to a 52-week low of $22.31. The 50-Day Moving Average of the stock is 5.72%, while the 200-Day Moving Average is calculated to be 17.80%.

Shares Statistics:

For the past three months, TRMD has traded an average of 637.81K shares per day and 788380 over the past ten days. A total of 85.73M shares are outstanding, with a floating share count of 41.55M. Insiders hold about 55.43% of the company’s shares, while institutions hold 7.28% stake in the company. Shares short for TRMD as of 1714435200 were 1684881 with a Short Ratio of 3.26, compared to 1711584000 on 1865961. Therefore, it implies a Short% of Shares Outstanding of 1684881 and a Short% of Float of 3.9300002000000003.

Dividends & Splits

According to the company, the forward annual dividend rate for TRMD is 5.78, from 5.78 in the trailing year. Against a Trailing Annual Dividend Yield of 0.1591848

Earnings Estimates

Current recommendations for the stock of the company come from 3.0 analysts. On average, analysts expect EPS of $1.7 for the current quarter, with a high estimate of $2.03 and a low estimate of $1.53, while EPS last year was $2.14. The consensus estimate for the next quarter is $1.54, with high estimates of $1.61 and low estimates of $1.47.

Analysts are recommending an EPS of between $7.45 and $6.28 for the fiscal current year, implying an average EPS of $6.86. EPS for the following year is $6.27, with 3.0 analysts recommending between $7.22 and $5.07.

Revenue Estimates

A total of 4 analysts believe the company’s revenue will be $310.02M this quarter.It ranges from a high estimate of $339M to a low estimate of $287.7M. As of the current estimate, Torm Plc’s year-ago sales were $349.53MFor the next quarter, 4 analysts are estimating revenue of $292.68M. There is a high estimate of $311M for the next quarter, whereas the lowest estimate is $280.1M.

A total of 4 analysts have provided revenue estimates for TRMD’s current fiscal year. The highest revenue estimate was $1.35B, while the lowest revenue estimate was $1.14B, resulting in an average revenue estimate of $1.24B. In the same quarter a year ago, actual revenue was $1.52BBased on 4 analysts’ estimates, the company’s revenue will be $1.13B in the next fiscal year. The high estimate is $1.24B and the low estimate is $1.04B.

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