Nordic American Tankers Limited (NAT)
NYSE: NAT · Real-Time Price · USD
2.950
-0.050 (-1.66%)
Nov 21, 2024, 12:09 PM EST - Market open
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 27.12% from the current stock price of 2.95.
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 | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 2 | 1 | 0 | 0 | 0 |
| Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Hold | 1 | 1 | 1 | 2 | 2 | 2 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 3 | 3 | 2 | 2 | 2 | 2 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Jefferies | Jefferies | Hold Maintains $4 → $3.5 | Hold | Maintains | $4 → $3.5 | +18.64% | Nov 14, 2024 |
| Jefferies | Jefferies | Strong Buy → Hold Downgrades $4 | Strong Buy → Hold | Downgrades | $4 | +35.59% | Sep 12, 2024 |
| Evercore ISI Group | Evercore ISI Group | Hold Maintains $4.5 → $4 | Hold | Maintains | $4.5 → $4 | +35.59% | Aug 30, 2024 |
| Jefferies | Jefferies | Strong Buy Maintains $5 → $4 | Strong Buy | Maintains | $5 → $4 | +35.59% | Aug 29, 2024 |
| Jefferies | Jefferies | Strong Buy Maintains $5.5 → $5 | Strong Buy | Maintains | $5.5 → $5 | +69.49% | May 29, 2024 |
Financial Forecast
Revenue This Year
273.39M
from 391.69M
Decreased by -30.20%
Revenue Next Year
303.64M
from 273.39M
Increased by 11.06%
EPS This Year
0.35
from 0.47
Decreased by -25.16%
EPS Next Year
0.57
from 0.35
Increased by 60.95%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 318.2M | 339.2M | 368.6M | |
| Avg | 273.4M | 303.6M | 331.7M | |
| Low | 234.1M | 272.7M | 292.3M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | -18.8% | 24.1% | 21.4% | |
| Avg | -30.2% | 11.1% | 9.2% | |
| Low | -40.2% | -0.3% | -3.7% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 0.42 | 0.78 | 0.55 | |
| Avg | 0.35 | 0.57 | 0.53 | |
| Low | 0.27 | 0.48 | 0.51 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | -10.6% | 120.9% | -3.2% | |
| Avg | -25.2% | 60.9% | -6.9% | |
| Low | -41.6% | 36.5% | -9.6% |
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.