7.47 0.00 (0.00%)
After hours: 4:49PM EST
|Bid||7.30 x 1300|
|Ask||8.19 x 2200|
|Day's Range||7.44 - 7.69|
|52 Week Range||6.77 - 10.10|
|Beta (3Y Monthly)||0.71|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||0.12 (1.56%)|
|1y Target Est||11.00|
# Euronav NV ### NYSE:EURN View full report here! ## Summary * ETFs holding this stock are seeing positive inflows * Bearish sentiment is low ## Bearish sentiment Short interest | Positive Short interest is low for EURN with fewer than 5% of shares on loan. The last change in the short interest score occurred more than 1 month ago and implies that there has been little change in sentiment among investors who seek to profit from falling equity prices. ## Money flow ETF/Index ownership | Positive ETF activity is positive. Over the last month, ETFs holding EURN are favorable, with net inflows of $1.48 billion. Additionally, the rate of inflows is increasing. ## Economic sentiment PMI by IHS Markit | Neutral According to the latest IHS Markit Purchasing Managers' Index (PMI) data, output in the Industrials sector is rising. The rate of growth is weak relative to the trend shown over the past year, however. ## Credit worthiness Credit default swap CDS data is not available for this security. Please send all inquiries related to the report to email@example.com. Charts and report PDFs will only be available for 30 days after publishing. This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.
Euronav (EURN) is seeing favorable earnings estimate revision activity as of late, which is generally a precursor to an earnings beat.
NEW YORK, NY / ACCESSWIRE / August 9, 2018 / Euronav NV (NYSE: EURN ) will be discussing their earnings results in their Q2 Earnings Call to be held on August 9, 2018 at 8:00 AM Eastern Time. To listen ...
A sizeable part of portfolio returns can be produced by dividend stocks due to their contribution to compounding returns in the long run. In the past 10 years Euronav NVRead More...
LONDON, UK / ACCESSWIRE / July 23, 2018/ If you want a free Stock Review on EURN sign up now at www.wallstequities.com/registration. Lined up of evaluation are Euronav N.V. (NYSE: EURN), Frontline Ltd (NYSE: FRO), Navios Maritime Acquisition Corp. (NYSE: NNA), and Star Bulk Carriers Corp. (NASDAQ: SBLK).
According to Reuters, the consensus rating for Euronav (EURN) is 2, which means a “buy.” Of the ten analysts that gave recommendations on Euronav, 80.0% are bullish on the stock—two analysts gave Euronav a “strong buy,” and six analysts gave it a “buy.” Plus, two analysts (20.0%) are neutral and gave it a “hold” rating. None of the analysts recommended a “strong sell” or “sell” for Euronav.
Euronav’s (EURN) YTD (year-to-date) returns were -1% as of June 28. Despite the negative return, it was the fourth-best performer among peers so far this year behind DHT Holdings (DHT), Frontline (FRO), and Nordic American Tankers (NAT) with YTD returns of 30.6%, 27.9%, and 7%, respectively.
Previously, we compared five crude tanker companies’ Q1 2018 revenue. In this article, we’ll look at their Q1 2018 EBITDA. A company’s financial performance is indicated by its EBITDA metric, which reflects a company’s operating profit. As crude tanker companies are capital-intensive operations and have high non-cash costs, including depreciation, their performance might be best assessed using their EBITDA metrics.
On June 13, Euronav (EURN) successfully concluded the merger with Gener8 Maritime Partners. As part of the merger, 60.9 million new shares were issued to Gener8 Maritime’s shareholders. The merger has substantially increased Euronav’s size.
The company achieved a spot TCE (time charter equivalent) of $14,99 per day for VLCCs (very large crude carriers). Teekay Tankers’ (TNK) first-quarter revenue was $88.4 million—12% lower year-over-year. In the first quarter, Frontline took delivery of three newbuilds—one VLCC and two LR2 tankers.
In this part, we’ll discuss analysts’ recommendations for crude tanker companies in week 21, which ended on May 25.
Previously in this series, we noted that most of the crude tanker stocks rose in week 21, which ended on May 25. In this part, we’ll see how bunker fuel prices fared in week 21.
When assessing the crude tanker industry, it’s important to look at the BDTI (Baltic Dirty Tanker Index). In week 21, which ended on May 25, the BDTI rose from 714 to 781. In week 20, the index rose by 57 points. The index shows the direction that crude tanker rates are heading. The index has risen ~12% since the beginning of the year.
We’ve already looked at what analysts expect for Frontline’s (FRO) revenues and EBITDA. Now, let’s look at what analysts recommend for Frontline and its peers.
Wall Street analysts estimate net revenues of $85.2 million for Frontline (FRO) in the first quarter. A sequential fall from $178.5 million in the previous quarter and a 30% fall from $121.9 million in the first quarter of 2017.
Previously in this series, we noted that most of the crude tanker stocks fell in week 20, which ended on May 18. In week 20, the average Aframax rates were higher than the average VLCC rates. In this part, we’ll see how bunker fuel prices fared in week 20.
According to Weber’s weekly report, fresh appearances on the Middle East position list saw the May surplus rise to a fresh multiyear high. As a result, the rates fell at the beginning of the week 20. However, the rates rebounded modestly later in the week.
When assessing the crude tanker industry, it’s important to look at the BDTI (Baltic Dirty Tanker Index). In week 20, which ended on May 18, the BDTI rose from 657 to 714. In week 19, the index rose by seven points. The index shows the direction that crude tanker rates are heading. The index has risen ~2.0% since the beginning of the year.
Euronav NV (ENXTBR:EURN), an energy company based in Belgium, saw a double-digit share price rise of over 10% in the past couple of months on the ENXTBR. With many analystsRead More...
In this final part of the series, we’ll discuss analysts’ recommendations for crude tanker companies in week 19, which ended on May 11.
Investors are always looking for growth in small-cap stocks like Euronav NV (ENXTBR:EURN), with a market cap of €1.12B. However, an important fact which most ignore is: how financially healthyRead More...
Previously in this series, we discussed that crude tanker stocks had a mixed return in week 18—the week ending on May 4. Average VLCC (very large crude carrier) rates rose from the previous week and are above $10,000 after many weeks. Suezmax rates dropped in week 18. In this part of the series, we’ll see how bunker fuel prices fared in week 18.