Nordic American Tankers Limited (NAT)
NYSE: NAT · Real-Time Price · USD
2.440
-0.030 (-1.21%)
Dec 20, 2024, 4:00 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 53.69% from the current stock price of 2.44.

Analyst Consensus: Hold
Target Low Average Median High
Price $3.50 $3.75 $4.00 $4.00
Change +43.44% +53.69% +63.93% +63.93%

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 '24Aug '24Sep '24Oct '24Nov '24Dec '24
Strong Buy 210000
Buy 000000
Hold 112222
Sell 000000
Strong Sell 000000
Total 322222

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Jefferies
Jefferies
Hold
Maintains
$3.5
Hold Maintains $3.5 +43.44% Nov 29, 2024
Jefferies
Jefferies
Hold
Maintains
$4$3.5
Hold Maintains $4$3.5 +43.44% Nov 14, 2024
Jefferies
Jefferies
Hold
Downgrades
$4
Hold Downgrades $4 +63.93% Sep 12, 2024
Evercore ISI Group
Evercore ISI Group
Hold
Maintains
$4.5$4
Hold Maintains $4.5$4 +63.93% Aug 30, 2024
Jefferies
Jefferies
Strong Buy
Maintains
$5$4
Strong Buy Maintains $5$4 +63.93% Aug 29, 2024
More Analyst Ratings

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%
Fiscal Year FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 FY 2026
Period Ending Dec 31, 2019 Dec 31, 2020 Dec 31, 2021 Dec 31, 2022 Dec 31, 2023 Dec 31, 2024 Dec 31, 2025 Dec 31, 2026
Revenue
317.22M354.62M191.08M339.34M391.69M250.14M278.14M274.11M
Revenue Growth
9.76%11.79%-46.12%77.60%15.43%-36.14%11.19%-1.45%
EPS
-0.070.34-1.050.070.470.270.490.52
EPS Growth
----571.43%-42.68%82.66%5.18%
Forward PE
-----9.064.964.71
No. Analysts -----775
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 2024202520262027
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 2024202520262027
High
-18.8%
22.6%
3.1%
Avg
-36.1%
11.2%
-1.4%
Low
-43.1%
2.9%
-4.9%

EPS Forecast

EPS 2024202520262027
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 2024202520262027
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.