For Euronav NV (EURN), analysts’ consensus is at an average recommendation of Buy while assigning it a mean rating of 1.4. Splitting up the data highlights that, out of 15 analysts covering the stock, none rated the stock as a Sell while none recommended an Overweight rating for the stock. 1 suggested the stock as a Hold whereas 14 see the stock as a Buy. None analyst(s) advised it as an Underweight. The company is expected to be making an EPS of $1.18 in the current quarter.
Euronav NV (NYSE:EURN) trade information
Wall Street analysts have assigned a consensus price target of $13.73 to the stock, which implies a rise of 52.9% to its current value. Analysts have been projecting $7.8 as a low price target for the stock while placing it at a high target of $18. It follows that stock’s current price would jump +100.45% in reaching the projected high whereas dropping to the targeted low would mean a loss of -13.14% for stock’s current value.
Euronav NV (EURN) estimates and forecasts
Statistics highlight that Euronav NV is scoring comparatively higher than the scores of other players of the relevant industry. The company lessened -33.81% of value to its shares in past 6 months, showing an annual growth rate of 467.27% while that of industry is -4.2. Apart from that, the company came raising its revenue forecast for fiscal year 2020. The company is estimating its revenue growth to increase by 755.6% in the current quarter and calculating 654.5% increase in the next quarter. This year revenue growth is estimated to rise 50.8% from the last financial year’s standing.
6 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of $386.67 Million for the same. And 6 analysts are in estimates of company making revenue of $254.2 Million in the next quarter that will end in September 01, 2020. Company posted $169.35 Million and $175.29 Million of sales in current and next quarters respectively a year earlier. Analysts are expecting this quarter sales to grow by 128.3% while estimating it to be 45% for the next quarter.
Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of 0% during past 5 years. In 2020, company’s earnings growth rate is likely to be around 463.6% while estimates for its earnings growth in next 5 years are of -13%
Euronav NV (NYSE:EURN)’s Major holders
Insiders are in possession of 9.69% of company’s total shares while institution are holding 49.9% percent of that, with stock having share float percentage of 55.26%. Investors also watch the number of corporate investors in a company very closely, which is 236 institutions for Euronav NV that are currently holding shares of the company. M&G Investment Management Ltd is the top institutional holder at EURN for having 11Million shares of worth $124.06 Million. And as of March 30, 2020, it was holding 5% of the company’s outstanding shares.
The second largest institutional holder is Marshall Wace Asia Ltd, which was holding about 5.18 Million shares on March 30, 2020. The number of shares represents firm’s hold over 2.36% of outstanding shares, having a total worth of $58.47 Million.
On the other hand, DFA International Small Cap Value Portfolio and Vanguard International Stock Index-Total Intl Stock Indx are the top two Mutual Funds which own company’s shares. As of January 30, 2020, the former fund manager was holding 3368136 shares of worth $33.28 Million or 1.53% of the total outstanding shares. The later fund manager was in possession of 2.8 Million shares on April 29, 2020, making its stake of worth around $29.93 Million in the company or a holder of 1.27% of company’s stock.