TORM plc (TRMD)
NASDAQ: TRMD · IEX Real-Time Price · USD
33.37
+0.02 (0.06%)
At close: Apr 24, 2024, 4:00 PM
33.35
-0.02 (-0.06%)
Pre-market: Apr 25, 2024, 9:02 AM 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 31.85% from the current stock price of 33.37.
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 | Jan '24 | Feb '24 | Mar '24 | Apr '24 |
|---|---|---|---|---|
| Strong Buy | 1 | 1 | 0 | 0 |
| Buy | 0 | 0 | 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 | +31.85% | Mar 8, 2024 |
| HC Wainwright & Co. | HC Wainwright & Co. | Strong Buy Maintains $14 → $16 | Strong Buy | Maintains | $14 → $16 | -52.05% | May 12, 2022 |
| HC Wainwright & Co. | HC Wainwright & Co. | Strong Buy Initiates $14 | Strong Buy | Initiates | $14 | -58.05% | Apr 12, 2022 |
Financial Forecast
Revenue This Year
1.39B
from 1.52B
Decreased by -8.84%
Revenue Next Year
1.25B
from 1.39B
Decreased by -9.67%
EPS This Year
7.05
from 7.48
Decreased by -5.68%
EPS Next Year
5.71
from 7.05
Decreased by -19.04%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 1.9B | 1.8B | 1.4B |
| Avg | 1.4B | 1.3B | 1.1B |
| Low | 1.1B | 879.1M | 808.5M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 21.7% | 30.8% | 8.8% |
| Avg | -8.8% | -9.7% | -14.2% |
| Low | -26.5% | -36.6% | -35.4% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 8.24 | 7.77 | 7.54 |
| Avg | 7.05 | 5.71 | 4.83 |
| Low | 6.15 | 3.56 | 2.82 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 10.2% | 10.1% | 32.0% |
| Avg | -5.7% | -19.0% | -15.5% |
| Low | -17.7% | -49.6% | -50.6% |
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.