Nordic American Tankers Limited (NAT)
NYSE: NAT · Real-Time Price · USD
2.520
+0.040 (1.61%)
Dec 24, 2024, 1:00 PM EST - Market closed
Nordic American Tankers Stock Forecast
Stock Price Forecast
The 2 analysts with 12-month price forecasts for NAT stock have an average target of 3.75, with a low estimate of 3.50 and a high estimate of 4.00. The average target predicts an increase of 48.81% from the current stock price of 2.52.
Analyst Consensus: Hold
Analyst Ratings
The average analyst rating for NAT stock from 2 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.
Recommendation Trends
| Rating | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 | Dec '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 1 | 0 | 0 | 0 | 0 |
| Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Hold | 1 | 1 | 2 | 2 | 2 | 2 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 3 | 2 | 2 | 2 | 2 | 2 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Jefferies | Jefferies | Hold Maintains $3.5 | Hold | Maintains | $3.5 | +38.89% | Nov 29, 2024 |
| Jefferies | Jefferies | Hold Maintains $4 → $3.5 | Hold | Maintains | $4 → $3.5 | +38.89% | Nov 14, 2024 |
| Jefferies | Jefferies | Strong Buy → Hold Downgrades $4 | Strong Buy → Hold | Downgrades | $4 | +58.73% | Sep 12, 2024 |
| Evercore ISI Group | Evercore ISI Group | Hold Maintains $4.5 → $4 | Hold | Maintains | $4.5 → $4 | +58.73% | Aug 30, 2024 |
| Jefferies | Jefferies | Strong Buy Maintains $5 → $4 | Strong Buy | Maintains | $5 → $4 | +58.73% | Aug 29, 2024 |
Financial Forecast
Revenue This Year
250.14M
from 391.69M
Decreased by -36.14%
Revenue Next Year
278.14M
from 250.14M
Increased by 11.19%
EPS This Year
0.27
from 0.47
Decreased by -42.68%
EPS Next Year
0.49
from 0.27
Increased by 82.66%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 318.2M | 306.6M | 286.7M | |
| Avg | 250.1M | 278.1M | 274.1M | |
| Low | 222.7M | 257.3M | 264.4M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | -18.8% | 22.6% | 3.1% | |
| Avg | -36.1% | 11.2% | -1.4% | |
| Low | -43.1% | 2.9% | -4.9% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 0.32 | 0.59 | 0.54 | |
| Avg | 0.27 | 0.49 | 0.52 | |
| Low | 0.23 | 0.38 | 0.50 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | -33.0% | 118.2% | 9.9% | |
| Avg | -42.7% | 82.7% | 5.2% | |
| Low | -50.6% | 41.9% | 1.6% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.