TORM plc (TRMD)
NASDAQ: TRMD · IEX Real-Time Price · USD
39.01
+0.75 (1.96%)
At close: Jul 2, 2024, 4:00 PM
38.99
-0.02 (-0.05%)
After-hours: Jul 2, 2024, 7:15 PM EDT
TORM plc Stock Forecast
Stock Price Forecast
The 1 analyst with a 12-month price forecast for TORM plc stock has a target of 44, which predicts an increase of 12.79% from the current stock price of 39.01.
Analyst Consensus: Buy
* Price targets were last updated on Mar 8, 2024.
Analyst Ratings
According to 1 stock analyst, the rating for TORM plc is "Buy". This means that the analyst believes this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Mar '24 | Apr '24 | May '24 | Jun '24 |
|---|---|---|---|---|
| Strong Buy | 0 | 0 | 0 | 0 |
| Buy | 1 | 1 | 1 | 1 |
| Hold | 0 | 0 | 0 | 0 |
| Sell | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 |
| Total | 1 | 1 | 1 | 1 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Evercore ISI Group | Evercore ISI Group | Buy Maintains $42 → $44 | Buy | Maintains | $42 → $44 | +12.79% | Mar 8, 2024 |
| HC Wainwright & Co. | HC Wainwright & Co. | Strong Buy Maintains $14 → $16 | Strong Buy | Maintains | $14 → $16 | -58.98% | May 12, 2022 |
| HC Wainwright & Co. | HC Wainwright & Co. | Strong Buy Initiates $14 | Strong Buy | Initiates | $14 | -64.11% | Apr 12, 2022 |
Financial Forecast
Revenue This Year
1.39B
from 1.52B
Decreased by -8.91%
Revenue Next Year
1.21B
from 1.39B
Decreased by -12.56%
EPS This Year
8.22
from 7.48
Increased by 9.94%
EPS Next Year
6.00
from 8.22
Decreased by -27.02%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 1.8B | 1.8B | 1.3B |
| Avg | 1.4B | 1.2B | 991.4M |
| Low | 1.2B | 956.5M | 841.0M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 17.8% | 27.9% | 3.5% |
| Avg | -8.9% | -12.6% | -18.1% |
| Low | -20.5% | -30.9% | -30.6% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 9.29 | 7.58 | 7.50 |
| Avg | 8.22 | 6.00 | 4.63 |
| Low | 7.36 | 4.31 | 3.14 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 24.2% | -7.8% | 24.9% |
| Avg | 9.9% | -27.0% | -22.8% |
| Low | -1.6% | -47.6% | -47.7% |
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.