Economy

Nordic American Tankers Limited (NYSE:NAT) Valuation According To Analysts

Nordic American Tanker Shipping Ltd (NYSE:NAT) has grabbed attention from the analysts, when it saw a value decrease of -3.68% or -0.19 points in the last trading session to close at $4.98. The dividend payment will be $0.100 per share for the quarter or $0.40 annualized. For the current year the company's revenue estimates are $181.45 Million compared to low analyst estimates of $172.87 Million and high estimates of $191.99 Million according to the prediction of 6 analysts.

Consequently Nordic American Tanker Shipping Ltd (NYSE:NAT)'s weekly and monthly volatility is 7.06%, 4.51% respectively. The firm's market capitalization is $482.31 million.

Equities researchers at Jefferies Group dropped their Q3 2017 EPS estimates for Nordic American Tankers Limited in a research note issued on Thursday. Nordic American Tanker Shipping Ltd (NYSE:NAT) has trailing twelve month Return on Assets of -4.9%, which is key indicator of how profitable a company is relative to its total assets. Zacks Investment Research upgraded shares of Nordic American Tankers Limited from a strong sell rating to a hold rating in a report on Wednesday, August 16th.

02/07/2017 - Nordic American Tankers Limited had its "equal-weight" rating reiterated by analysts at Morgan Stanley. Jefferies maintained the shares of NAT in report on Monday, September 25 with "Sell" rating. The difference between the expected and actual EPS was $-0.01/share, which represents an Earnings surprise of -6.7%. Additionally Nordic American Tankers Limited recently declared a dividend for shareholders that will be paid on Tuesday December 5th, 2017.

The Relative Volume of the company is 1.94 and Average Volume (3 months) is 968.87 million.

As of the latest earnings report the EPS was $-0.67 and is estimated to be $-0.46 for the current year with 101,969,000 shares now outstanding.

The stock is trading at $4.61 well below the 50 day moving average which is $5.33 and which is much lower than the 200 day moving average of $6.15. If you are viewing this report on another site, it was illegally copied and republished in violation of USA and global copyright and trademark legislation. The company now has a consensus rating of Hold and an average price target of $6.25.

Several hedge funds have recently bought and sold shares of the company. Parametric Portfolio Associates LLC lifted its holdings in shares of Nordic American Tankers Limited by 8.1% in the first quarter. Shelton Capital Management boosted its stake in shares of Nordic American Tankers Limited by 33.3% in the second quarter. Its last month's stock price volatility remained 2.93% which for the week stands at 2.76%. The last closing price is down -19.01% from the 200-day moving average, compared to the Standard & Poor's 500 Index which has increased 0.03% over the date range. Dimensional Fund Advisors LP now owns 411,778 shares of the shipping company's stock valued at $2,611,000 after buying an additional 3,425 shares during the period. Hedge funds and other institutional investors own 30.93% of the company's stock.

Shares of Nordic American Tanker Shipping Ltd (NYSE:NAT) now have an Average Brokerage Recommendation of 3.71, number of Recs in ABR is 7 while industry rank of the company by ABR is 209 out of 265. The Firm owns approximately 26 vessels, including approximately two new buildings under construction, of approximately 156,000 deadweight tonnage each.



Like this

loading...
loading...

Latest


25 October 2017
Almost 200 More Women Have Come Forward with Stories About James Toback
" #JamesToback approached me in the 80's on Columbus Ave with the same language - wanted me to audition, come to his apt", she wrote . "I refused.

25 October 2017
New cyber attack hits Russian Federation and Ukraine
According to security firm ESET, the malware used to attack the Kiev Metro was a new variant of the Petya ransomware family. Bad Rabbit encrypts the contents of a computer and asks for a payment - in this case 0.05 bitcoins, or about $280 (£213).

25 October 2017
Twitter just announced some big changes around political ads
The company plans to launch a so-called transparency center, which will include details on ads, it said in a blog post Tuesday.

25 October 2017
Auto Industry to Washington Pols: Keep NAFTA in place
Some vehicles assembled by American companies in Canada or Mexico could be hit with import tariffs . In his recent letter to Trump, the president of the U.S.

25 October 2017
Do gun shows in Nevada increase injuries and deaths in CA?
In the same period after California gun shows, there was no noticeable rise in gun-related deaths or injuries in the state.

25 October 2017
Juventus captain Gianluigi Buffon reaffirms retirement plans
For some reason, no one felt it necessary to include one of the best goalkeepers of the Premier League. Hugo Lloris , Jan Oblak, Marc-Andre ter Stegen and Alisson picked up votes.

25 October 2017
Degrees Round-The-Year For New Border Posts Near China: 10 Points
He announced that 35 old border posts in very high-altitude areas are also being upgraded as "composite" units. The paramilitary was also enhancing its intelligence setup, he added.

25 October 2017
AMC's WALKING DEAD Audience Drops 35% From Last Season Premiere
All this being said , AMC shouldn't be surprised that The Walking Dead's viewership numbers are dropping. That is down 35% from last year's season seven premiere, which was watched by an estimated 17.03m live.

25 October 2017
Zaira Wasim thanks Aamir Khan over 'gift' of Secret Superstar
Does she have any secret talent which the people does not know about? I mean I am good at PJs, but she is brilliant at it... In the movie, directed by first-timer Advait Chandan, Zaira's character goes through a lot of struggle to fulfil her dream.

25 October 2017
HTC U11 Plus Spotted on Certification Site Ahead of November 2 Launch
HTC is gearing up to host an event in Taipei on November 2 , where it could launch its flagship smartphone U11 Plus . It will be powered by an Octa-core Snapdragon 835 processor , clocked at 2.4GHz, with Adreno 540 GPU.