Is Euronav NV Stock a Good Investment?
Euronav NV Investment Advice | CMBT |
- Examine Euronav NV's financial health by looking at its balance sheet, income statement, and cash flow statement. Analyze key financial ratios, such as Price-to-Earnings (P/E), Price-to-Sales (P/S), and Price-to-Book (P/B), to determine whether the stock is fairly valued or over/undervalued.
- Research Euronav NV's leadership team and their track record. Good management can help Euronav NV navigate difficult times and make strategic decisions that benefit shareholders and increases its net worth.
- Consider the overall health of the Oil & Gas Storage & Transportation space and any emerging trends that could impact Euronav NV's business and its evolving consumer preferences.
- Compare Euronav NV's performance and market position to its competitors. Analyze how Euronav NV is positioned in terms of product offerings, innovation, and market share.
- Check if Euronav NV pays a dividend and its dividend yield and payout ratio.
- Review what financial analysts are saying about Euronav NV's stock and their price targets. However, remember that analysts' opinions can vary, and their predictions may not always be accurate.
It's important to note that investing in Euronav NV stock, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember that it's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. Below is a detailed guide on how to decide if Euronav NV is a good investment.
Sell | Buy |
Strong Sell
Market Performance | Very Weak | Details | |
Volatility | Not too volatile | Details | |
Hype Condition | Over hyped | Details | |
Current Valuation | Undervalued | Details | |
Odds Of Distress | Very Small | Details | |
Economic Sensitivity | Slowly supersedes the market | Details | |
Investor Sentiment | Impartial | Details | |
Analyst Consensus | Buy | Details | |
Financial Strenth (F Score) | Healthy | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
Examine Euronav NV Stock
Researching Euronav NV's stock involves analyzing various aspects of the company and its industry to make an informed investment decision. The key areas to focus on are fundamentals, business model and competitive advantage. It is also important to analyze trends in revenue, net income, and cash flow, as well as key financial ratios, such as price-to-earnings (P/E), price-to-sales (P/S), and debt-to-equity (D/E). About 81.0% of the company shares are held by company insiders. The company has price-to-book (P/B) ratio of 1.98. Some equities with similar Price to Book (P/B) outperform the market in the long run. Euronav NV recorded earning per share (EPS) of 5.96. The entity last dividend was issued on the 10th of July 2024.
To determine if Euronav NV is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding Euronav NV's research are outlined below:
| Euronav NV generated a negative expected return over the last 90 days | |
| Euronav NV is unlikely to experience financial distress in the next 2 years | |
| Euronav NV was previously known as Euronav NV and was traded on New York Stock Exchange under the symbol EURN. | |
| About 81.0% of the company shares are held by company insiders | |
| Latest headline from finance.yahoo.com: Crude Oil Carriers Industry Research Report 2024-2030 Growing Demand for ULCCs, Increasing Scrapping of Old Vessels, Expanding Oil Refining Capacities in Emerging Markets |
Euronav NV Quarterly Liabilities And Stockholders Equity |
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Earnings surprises can significantly impact Euronav NV's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate. Below are the table of largest EPS Surprises Euronav NV's investors have experienced.
| Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
|---|---|---|---|---|---|---|---|
2016-10-31 | 2016-09-30 | -0.02 | 5.0E-4 | 0.0205 | 102 | ||
2022-11-03 | 2022-09-30 | 0.11 | 0.08 | -0.03 | 27 | ||
2019-10-29 | 2019-09-30 | -0.14 | -0.11 | 0.03 | 21 | ||
2018-04-25 | 2018-03-31 | -0.22 | -0.25 | -0.03 | 13 | ||
2018-01-25 | 2017-12-31 | -0.08 | -0.11 | -0.03 | 37 | ||
2019-08-08 | 2019-06-30 | -0.19 | -0.15 | 0.04 | 21 | ||
2022-08-04 | 2022-06-30 | -0.07 | -0.02 | 0.05 | 71 | ||
2021-05-06 | 2021-03-31 | -0.3 | -0.35 | -0.05 | 16 |
Euronav NV Target Price Consensus
Euronav target price is determined by taking all analyst projections and averaging them out. There is no one specific way to measure analysts' performance other than comparing it to past results via a very sophisticated attribution analysis. Euronav NV's target price projections below should be used in combination with other traditional price prediction techniques such as stock price forecasting, investor sentiment analysis, technical analysis, earnings estimate, and various momentum models.
| 3 | Buy |
Most Euronav analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to help potential investors understand Euronav stock's fair price compared to its market value. Analysts arrive at stock ratings after researching the public financial statements of Euronav NV, talking to its executives and customers, or listening to those companies' conference calls.
Macroaxis Advice Exposure ValuationEuronav NV Target Price Projection
Euronav NV's current and average target prices are 11.22 and 20.51, respectively. The current price of Euronav NV is the price at which Euronav NV is currently trading. On the other hand, Euronav NV's target price is what analysts think the stock is worth or could sell for in the future. The more significant the discrepancy between the two prices, the more it stimulates investors to act.Current Price
Euronav NV Market Quote on 1st of December 2024
Target Price
Analyst Consensus On Euronav NV Target Price
Euronav NV Analyst Ratings
Euronav NV's analyst stock recommendations are determined by taking an average estimate of all analysts we track and classifying them as Strong Buy, Buy, Hold, Strong Sell, or Sell. Ratings generally communicate what analysts sense about Euronav NV stock, and they use a lot of effort and time to analyze it and arrive at a rating. That suggests that analyst recommendations are the outcome of an objective and thorough examination of Euronav NV's financials, market performance, and future outlook by experienced professionals. Euronav NV's historical ratings below, therefore, can serve as a valuable tool for investors.Know Euronav NV's Top Institutional Investors
Have you ever been surprised when a price of an equity instrument such as Euronav NV is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Euronav NV backward and forwards among themselves. Euronav NV's institutional investor refers to the entity that pools money to purchase Euronav NV's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| Shares | Rfp Financial Group Llc | 2023-12-31 | 0.0 |
Euronav NV's market capitalization trends
The company currently falls under 'Mid-Cap' category with a current market capitalization of 2.18 B.Market Cap |
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Euronav NV's profitablity analysis
| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | 0.25 | 0.26 | |
| Return On Capital Employed | 0.20 | 0.21 | |
| Return On Assets | 0.25 | 0.26 | |
| Return On Equity | 0.36 | 0.38 |
Determining Euronav NV's profitability involves analyzing its financial statements and using various financial metrics to determine if Euronav NV is a good buy. For example, gross profit margin measures Euronav NV's profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of Euronav NV's profitability and make more informed investment decisions.
Please note, the imprecision that can be found in Euronav NV's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Euronav NV. Check Euronav NV's Beneish M Score to see the likelihood of Euronav NV's management manipulating its earnings.
Evaluate Euronav NV's management efficiency
Euronav NV has return on total asset (ROA) of 0.0661 % which means that it generated a profit of $0.0661 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 0.7414 %, meaning that it created $0.7414 on every $100 dollars invested by stockholders. Euronav NV's management efficiency ratios could be used to measure how well Euronav NV manages its routine affairs as well as how well it operates its assets and liabilities. Return On Tangible Assets is likely to gain to 0.26 in 2024. Return On Capital Employed is likely to gain to 0.21 in 2024. Non Current Liabilities Total is likely to gain to about 1.2 B in 2024, whereas Total Current Liabilities is likely to drop slightly above 269 M in 2024.| Last Reported | Projected for Next Year | ||
| Book Value Per Share | 11.67 | 16.43 | |
| Tangible Book Value Per Share | 11.60 | 16.40 | |
| Enterprise Value Over EBITDA | 4.99 | 5.74 | |
| Price Book Value Ratio | 1.51 | 1.18 | |
| Enterprise Value Multiple | 4.99 | 5.74 | |
| Price Fair Value | 1.51 | 1.18 | |
| Enterprise Value | 4.1 B | 4.3 B |
Euronav NV's management has consistently demonstrated strong leadership, driving both financial growth and operational excellence. By analyzing current market trends and future growth opportunities, we assess the stock's true value and potential for investors.
Dividend Yield 0.6257 | Forward Dividend Yield 0.6257 | Forward Dividend Rate 7.02 | Beta (0.26) |
Basic technical analysis of Euronav Stock
As of the 1st of December, Euronav NV shows the Variance of 3.85, mean deviation of 1.6, and Standard Deviation of 1.96. Euronav NV technical analysis allows you to utilize historical prices and volume patterns in order to determine a pattern that computes the direction of the firm's future prices.Euronav NV's Outstanding Corporate Bonds
Euronav NV issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Euronav NV uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Euronav bonds can be classified according to their maturity, which is the date when Euronav NV has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
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| International Game Technology Corp BondUS460599AD57 | View |
Understand Euronav NV's technical and predictive indicators
Using predictive indicators to make investment decisions involves analyzing Euronav NV's various financial and market-based factors to help forecast future trends and identify investment opportunities. Select the indicators that are most relevant to your investment strategy. Each indicator has its own strengths and weaknesses, so it's essential to combine multiple indicators to get a more comprehensive view of the market and reduce the risk of making poor decisions based on limited data.
| Risk Adjusted Performance | (0.20) | |||
| Market Risk Adjusted Performance | (1.10) | |||
| Mean Deviation | 1.6 | |||
| Coefficient Of Variation | (370.62) | |||
| Standard Deviation | 1.96 | |||
| Variance | 3.85 | |||
| Information Ratio | (0.34) | |||
| Jensen Alpha | (0.60) | |||
| Total Risk Alpha | (0.87) | |||
| Treynor Ratio | (1.11) | |||
| Maximum Drawdown | 8.18 | |||
| Value At Risk | (3.57) | |||
| Potential Upside | 2.39 | |||
| Skewness | (0.22) | |||
| Kurtosis | (0.39) |
| Risk Adjusted Performance | (0.20) | |||
| Market Risk Adjusted Performance | (1.10) | |||
| Mean Deviation | 1.6 | |||
| Coefficient Of Variation | (370.62) | |||
| Standard Deviation | 1.96 | |||
| Variance | 3.85 | |||
| Information Ratio | (0.34) | |||
| Jensen Alpha | (0.60) | |||
| Total Risk Alpha | (0.87) | |||
| Treynor Ratio | (1.11) | |||
| Maximum Drawdown | 8.18 | |||
| Value At Risk | (3.57) | |||
| Potential Upside | 2.39 | |||
| Skewness | (0.22) | |||
| Kurtosis | (0.39) |
Consider Euronav NV's intraday indicators
Euronav NV intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Euronav NV stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
Euronav NV time-series forecasting models is one of many Euronav NV's stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Euronav NV's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.
Euronav Stock media impact
Far too much social signal, news, headlines, and media speculation about Euronav NV that are available to investors today. That information is available publicly through Euronav media outlets and privately through word of mouth or via Euronav internal channels. However, regardless of the origin, that massive amount of Euronav data is challenging to quantify into actionable patterns, especially for investors that are not very sophisticated with ever-evolving tools and techniques used in the investment management field.
A primary focus of Euronav NV news analysis is to determine if its current price reflects all relevant headlines and social signals impacting the current market conditions. A news analyst typically looks at the history of Euronav NV relative headlines and hype rather than examining external drivers such as technical or fundamental data. It is believed that price action tends to repeat itself due to investors' collective, patterned thinking related to Euronav NV's headlines and news coverage data. This data is often completely overlooked or insufficiently analyzed for actionable insights to drive Euronav NV alpha.
Euronav NV Corporate Management
| Sofie Lemlijn | Senior General | Profile | |
| Rustin Edwards | Head procurement | Profile | |
| Hugo Stoop | Senior Advisor | Profile | |
| Veronique Raes | Chief Officer | Profile | |
| Michael Saverys | Chief Board | Profile | |
| Michal Saverys | Chief Board | Profile |
Additional Tools for Euronav Stock Analysis
When running Euronav NV's price analysis, check to measure Euronav NV's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Euronav NV is operating at the current time. Most of Euronav NV's value examination focuses on studying past and present price action to predict the probability of Euronav NV's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Euronav NV's price. Additionally, you may evaluate how the addition of Euronav NV to your portfolios can decrease your overall portfolio volatility.