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The closing price of Torm Plc (NASDAQ: TRMD) was $16.20 for the day, down -4.37% from the previous closing price of $16.94. In other words, the price has decreased by -$4.37 from its previous closing price. On the day, 0.81 million shares were traded.
Ratios:
Our analysis of TRMD’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 4.38 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 4.47. For the most recent quarter (mrq), Quick Ratio is recorded 2.28 and its Current Ratio is at 2.55. In the meantime, Its Debt-to-Equity ratio is 0.55 whereas as Long-Term Debt/Eq ratio is at 0.48.
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:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. 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:
As of this moment, Torm’s Price-to-Earnings (P/E) ratio for their current fiscal year is 3.39, and their Forward P/E ratio for the next fiscal year is 6.22. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.10 while its Price-to-Book (P/B) ratio in mrq is 0.74.
Stock Price History:
Over the past 52 weeks, TRMD has reached a high of $40.47, while it has fallen to a 52-week low of $13.60. The 50-Day Moving Average of the stock is -2.93%, while the 200-Day Moving Average is calculated to be -30.51%.
Shares Statistics:
A total of 97.80M shares are outstanding, with a floating share count of 57.35M. Insiders hold about 41.44% of the company’s shares, while institutions hold 60.01% stake in the company.
Earnings Estimates
Investors are eagerly awaiting the insights provided by 2 analysts currently analyzing and rating the stock of Torm Plc (TRMD).The consensus estimate for the next quarter is $0.5, with high estimates of $0.51 and low estimates of $0.5.
Analysts are recommending an EPS of between $2.74 and $2.6 for the fiscal current year, implying an average EPS of $2.67. EPS for the following year is $3.0, with 2.0 analysts recommending between $3.65 and $2.35.
Revenue Estimates
It is expected that $90B in revenue will be generated in the current quarter, according to 3 analysts. It ranges from a high estimate of $210.4M to a low estimate of $206.07M. As of the current estimate, Torm Plc’s year-ago sales were $437.7MFor the next quarter, 3 analysts are estimating revenue of $202.87M. There is a high estimate of $204.51M for the next quarter, whereas the lowest estimate is $200.9M.
A total of 3 analysts have provided revenue estimates for TRMD’s current fiscal year. The highest revenue estimate was $891.51M, while the lowest revenue estimate was $840.06M, resulting in an average revenue estimate of $870.09M. In the same quarter a year ago, actual revenue was $1.56BBased on 5 analysts’ estimates, the company’s revenue will be $897.87M in the next fiscal year. The high estimate is $968.56M and the low estimate is $777.15M.
