EURN Stock Forecast: All the More Reason to Consider Euronav NV (EURN) Now

Euronav NV (NYSE: EURN) is -27.75% lower on its value in year-to-date trading and has touched a low of $7.21 and a high of $13.21 in the current 52-week trading range. The EURN stock was last observed hovering at around $9.06 in the recent trading session, with the current loss setting it -0.08%.

The 2021 Backdoor Crypto Portfolio (free)

Even if you’re not actively in crypto, you deserve to know what’s actually going on...

Because while leading assets such as Bitcoin (BTC) and Ethereum (ETH) are climbing in value, a select group of public “crypto stocks” are surging right along with them. More importantly, these stocks are outpacing the returns these leading crypto assets aren already producing.

Click here to get the full story… along with our long list of backdoor Bitcoin strategies. It’s free.


At last check, trading at $8.98, the stock is 5.61% and -4.85% below its SMA20 and SMA50 respectively. However, with a current trading volume of 0.56 million and changing -0.83% at the moment leaves the stock -13.16% off its SMA200. EURN registered -1.41% loss for a year compared to 6-month loss of -30.52%. The firm has a 50-day simple moving average (SMA 50) of $9.15 and a 200-day simple moving average (SMA200) of $10.11.

The stock witnessed a -10.47% gain in the last 1 month and extending the period to 3 months gives it a -12.21%, and is 11.17% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 4.07% over the week and 3.60% over the month.

Euronav NV (EURN) has around 2910 employees, a market worth around $1.95B and $1.12B in sales. Current P/E ratio is 6.13 and Fwd P/E is 7.81. Distance from 52-week low is 24.62% and -31.98% from its 52-week high.

Euronav NV (EURN) Analyst Forecasts

Analyst recommendations provided by FactSet shows that the consensus forecast for Euronav NV (EURN) is a “Buy”. 15 analysts offering their recommendations for the stock have an average rating of 1.40, where 1 rate it as a Hold and 0 think it is a “Overweight”. 14 of the analysts rate the stock as a “Buy”. 0 analysts have rated the stock as a Sell or Underperform.

Euronav NV quarterly earnings per share for the current quarter are estimated at $1.19 with sales reaching $386.67M over the same period.The EPS is expected to grow by 463.60% this year, but quarterly earnings will post 50.80% year-over-year. Quarterly sales are estimated to grow 128.30% in year-over-year returns.

Euronav NV (EURN) Top Institutional Holders

236 institutions hold shares in Euronav NV (EURN), with 20.83M shares held by insiders accounting for 9.69% while institutional investors hold 55.26% of the company’s shares. The shares outstanding are 215.08M, and float is at 184.52M with Short Float at 1.48%. Institutions hold 49.90% of the Float.

The top institutional shareholder in the company is M&G Investment Management Ltd with over 11.0 million shares valued at $124.06 million. The investor’s holdings represent 5.00% of the EURN Shares outstanding. As of Mar 30, 2020, the second largest holder is Marshall Wace Asia Ltd with 5.18 million shares valued at $58.47 million to account for 2.36% of the shares outstanding. The other top investors are Vanguard Group, Inc. (The) which holds 4.89 million shares representing 2.22% and valued at over $55.15 million, while Norges Bank Investment Management holds 2.06% of the shares totaling 4.53 million with a market value of $56.78 million.

Get The Best Stocks To Trade Every Day!

Join now to get the pre-market morning brief 100% free