TORM plc (TRMD)
NASDAQ: TRMD · Real-Time Price · USD
23.81
-0.16 (-0.67%)
At close: Nov 20, 2024, 4:00 PM
22.34
-1.47 (-6.17%)
Pre-market: Nov 21, 2024, 5:47 AM EST
TORM plc Stock Forecast
Stock Price Forecast
The 1 analyst with a 12-month price forecast for TORM plc stock has a target of 48, which predicts an increase of 101.60% from the current stock price of 23.81.
Analyst Consensus: Buy
* Price targets were last updated on Jul 23, 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 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 |
|---|---|---|---|---|---|
| Strong Buy | 0 | 0 | 0 | 0 | 0 |
| Buy | 1 | 1 | 1 | 1 | 1 |
| Hold | 0 | 0 | 0 | 0 | 0 |
| Sell | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 |
| Total | 1 | 1 | 1 | 1 | 1 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Evercore ISI Group | Evercore ISI Group | Buy Maintains $45 → $48 | Buy | Maintains | $45 → $48 | +101.60% | Jul 23, 2024 |
| Evercore ISI Group | Evercore ISI Group | Buy Maintains $42 → $44 | Buy | Maintains | $42 → $44 | +84.80% | Mar 8, 2024 |
| HC Wainwright & Co. | HC Wainwright & Co. | Strong Buy Maintains $14 → $16 | Strong Buy | Maintains | $14 → $16 | -32.80% | May 12, 2022 |
| HC Wainwright & Co. | HC Wainwright & Co. | Strong Buy Initiates $14 | Strong Buy | Initiates | $14 | -41.20% | Apr 12, 2022 |
Financial Forecast
Revenue This Year
1.34B
from 1.52B
Decreased by -11.73%
Revenue Next Year
1.23B
from 1.34B
Decreased by -8.27%
EPS This Year
7.15
from 7.48
Decreased by -4.45%
EPS Next Year
4.86
from 7.15
Decreased by -32.05%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 1.8B | 1.9B | 1.2B |
| Avg | 1.3B | 1.2B | 1.0B |
| Low | 1.2B | 936.7M | 827.3M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 20.4% | 41.7% | -5.1% |
| Avg | -11.7% | -8.3% | -17.3% |
| Low | -23.1% | -30.2% | -32.8% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 9.03 | 7.34 | 4.97 |
| Avg | 7.15 | 4.86 | 4.05 |
| Low | 6.17 | 3.28 | 2.30 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 20.7% | 2.7% | 2.3% |
| Avg | -4.4% | -32.1% | -16.7% |
| Low | -17.5% | -54.1% | -52.6% |
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.