Euronav NV (NYSE: EURN) is 5.00% higher on its value in year-to-date trading and has touched a low of $7.20 and a high of $13.21 in the current 52-week trading range. The EURN stock was last observed hovering at around $8.89 in the last trading session, with the day’s loss setting it -0.49% off its average median price target of $11.06 for the next 12 months. It is also 40.0% off the consensus price target high of $14.00 offered by 15 analysts, but current levels are -12.0% lower than the price target low of $7.50 for the same period.
Gold bugs are shouting from the rooftops in excitement, but that doesn’t mean you rush out and just buy any gold stock…That’s why we laid out The 2021 Ultimate Gold Portfolio – to dissect the treasure from the trash.
Currently trading at $8.40, the stock is 2.19% and 4.33% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.75 million and changing -5.51% at the moment leaves the stock -8.39% off its SMA200. EURN registered -32.58% loss for a year compared to 6-month loss of -4.44%. The firm has a 50-day simple moving average (SMA 50) of $8.19 and a 200-day simple moving average (SMA200) of $8.72.
The stock witnessed a 1.20% gain in the last 1 month and extending the period to 3 months gives it a -7.79%, and is -0.94% down 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 3.00% over the week and 2.54% over the month.
Euronav NV (EURN) has around 2910 employees, a market worth around $1.69B and $1.45B in sales. Current P/E ratio is 2.62 and Fwd P/E is 49.41. Distance from 52-week low is 16.59% and -36.41% 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 “Overweight”. 15 analysts offering their recommendations for the stock have an average rating of 1.90, where 2 rate it as a Hold and 0 think it is a “Overweight”. 12 of the analysts rate the stock as a “Buy”. 1 analysts have rated the stock as a Sell or Underperform.
Euronav NV is expected to release its quarterly report on 05/06/2021 and quarterly earnings per share for the current quarter are estimated at -$0.2 with sales reaching $136.23M over the same period.The EPS is expected to grow by 303.60% this year, but quarterly earnings will post 30.90% year-over-year. Quarterly sales are estimated to shrink -61.60% in year-over-year returns.
Euronav NV (EURN) Top Institutional Holders
237 institutions hold shares in Euronav NV (EURN), with 22.63M shares held by insiders accounting for 11.10% while institutional investors hold 45.03% of the company’s shares. The shares outstanding are 201.68M, and float is at 182.40M with Short Float at 2.01%. Institutions hold 40.03% of the Float.
The top institutional shareholder in the company is FMR, LLC with over 11.99 million shares valued at $105.91 million. The investor’s holdings represent 5.45% of the EURN Shares outstanding. As of Sep 29, 2020, the second largest holder is M&G Investment Management Ltd with 11.29 million shares valued at $99.7 million to account for 5.13% of the shares outstanding. The other top investors are Vanguard Group, Inc. (The) which holds 5.9 million shares representing 2.68% and valued at over $52.12 million, while Norges Bank Investment Management holds 2.06% of the shares totaling 4.53 million with a market value of $56.78 million.