Euronav NV (NYSE: EURN) is -6.10% lower on its value in year-to-date trading and has touched a low of $10.51 and a high of $21.00 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The EURN stock was last observed hovering at around $16.04 in the last trading session, with the day’s loss setting it -0.04% off its average median price target of $22.00 for the next 12 months. It is also 52.94% off the consensus price target high of $34.00 offered by 16 analysts, but current levels are 5.88% higher than the price target low of $17.00 for the same period.
Currently trading at $16.00, the stock is -1.73% and -4.67% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.11 million and changing -0.25% at the moment leaves the stock -6.41% off its SMA200. EURN registered 34.45% gain for a year compared to 6-month loss of -21.26%. The firm has a 50-day simple moving average (SMA 50) of $4.50 and a 200-day simple moving average (SMA200) of $6.64.
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The stock witnessed a -7.30% gain in the last 1 month and extending the period to 3 months gives it a -9.30%, and is -2.32% 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 2.86% over the week and 3.26% over the month.
Current P/E ratio is 7.62 and Fwd P/E is 5.08. Distance from 52-week low is 52.24% and -23.81% 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”. 16 analysts offering their recommendations for the stock have an average rating of 2.00, where 5 rate it as a Hold and 0 think it is a “Overweight”. 11 of the analysts rate the stock as a “Buy”. 0 analysts have rated the stock as a Sell or Underperform.
Euronav NV is expected to release its quarterly report on 08/03/2023.The EPS is expected to grow by 181.00% this year
Euronav NV (EURN) Top Institutional Holders
The shares outstanding are 201.78M, and Short Float at -.
Euronav NV (EURN) Insider Activity
A total of 6 insider transactions have happened at Euronav NV (EURN) in the last six months, with sales accounting for 0 and purchases happening 6 times.