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TORM plc (TRMD-Q)
NASDAQ:TRMD
22.67
0.39
(1.69%) 1d
Financials
Technical Analysis
Buy, Sell or Hold?
This summary was created by AI, based on 2 opinions in the last 12 months.
Experts have mixed opinions on TRMD stock. One expert recommended selling the stock due to triggered stop-loss, while another expert sees potential in the company's earnings, cash reserves, and dividends. They recommend setting a stop-loss at $28 and aim for $45 with an upside potential of over 30%. Overall, the stock seems to have some potential but also comes with risks.
$26.960
Unknown
TRMD operates a fleet of refined product tankers in the UK. Recently reported earnings beat expectations. Cash reserves are growing while debt is retired. The company distributes a large portion of its earnings back as dividends and its current interim yield reflects profits from vessels sold. It trades at 5x earnings, under 2x book and supports a ROE of 39%. We recommend setting a stop-loss at $28, looking to achieve $45 -- upside potential over 30%. Yield 16%
(Analysts’ price target is $44.83)The yield is too good to be true.
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TORM plc(TRMD-Q) Rating
Ranking : 4 out of 5
Bullish - Buy Signals / Votes : 1
Neutral - Hold Signals / Votes : 0
Bearish - Sell Signals / Votes : 0
Total Signals / Votes : 1
TORM plc(TRMD-Q) Frequently Asked Questions
What is TORM plc stock symbol?
TORM plc is a American stock, trading under the symbol TRMD-Q on the NASDAQ (TRMD). It is usually referred to as NASDAQ:TRMD or TRMD-Q
Is TORM plc a buy or a sell?
In the last year, 1 stock analyst published opinions about TRMD-Q. 1 analyst recommended to BUY the stock. 0 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for TORM plc.
Is TORM plc a good investment or a top pick?
TORM plc was recommended as a Top Pick by on . Read the latest stock experts ratings for TORM plc.
Why is TORM plc stock dropping?
Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.
Is TORM plc worth watching?
In the last year, there was no coverage of TORM plc published on Stockchase.
What is TORM plc stock price?
On 2025-01-14, TORM plc (TRMD-Q) stock closed at a price of $22.67.
Our PAST TOP PICK with TRMD has triggered its stop at $28. To remain disciplined, we recommend covering the position at this time.