TORM plc is an oil & gas midstream business based in the US. TORM shares (TRMD) are listed on the NASDAQ and all prices are listed in US Dollars. TORM employs 457 staff and has a trailing 12-month revenue of around 0.00.
How to buy shares in TORM
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- Research the stock. Find the stock by name or ticker symbol – TRMD – and research it before deciding if it's a good investment for you.
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What's in this guide?
TORM stock price (NASDAQ: TRMD)Use our graph to track the performance of TRMD stocks over time.
TORM shares at a glance
|Latest market close||$9.64|
|52-week range||$6.26 - $10.05|
|50-day moving average||$8.64|
|200-day moving average||$8.68|
|Wall St. target price||$12.00|
|Dividend yield||$0.85 (9.77%)|
|Earnings per share (TTM)||$0.14|
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Is it a good time to buy TORM stock?
The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.
This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.
TORM price performance over time
|1 week (2021-07-25)||N/A|
|1 month (2021-07-02)||11.70%|
|3 months (2021-05-05)||1.90%|
|6 months (2021-02-01)||N/A|
|1 year (2020-08-01)||N/A|
|2 years (2019-08-01)||N/A|
|3 years (2018-08-01)||N/A|
|5 years (2016-08-01)||N/A|
Is TORM under- or over-valued?
Valuing TORM stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of TORM's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
TORM's P/E ratio
TORM's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 63x. In other words, TORM shares trade at around 63x recent earnings.
That's relatively high compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The high P/E ratio could mean that investors are optimistic about the outlook for the shares or simply that they're over-valued.
TORM's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $184.3 million.
The EBITDA is a measure of a TORM's overall financial performance and is widely used to measure a its profitability.
|Revenue TTM||$628.9 million|
|Operating margin TTM||10.71%|
|Gross profit TTM||$341.1 million|
|Return on assets TTM||2.05%|
|Return on equity TTM||1.02%|
|Market capitalisation||$711.4 million|
TTM: trailing 12 months
Shorting TORM shares
There are currently 84,307 TORM shares held short by investors – that's known as TORM's "short interest". This figure is 35.2% down from 130,068 last month.
There are a few different ways that this level of interest in shorting TORM shares can be evaluated.
TORM's "short interest ratio" (SIR)
TORM's "short interest ratio" (SIR) is the quantity of TORM shares currently shorted divided by the average quantity of TORM shares traded daily (recently around 19515.509259259). TORM's SIR currently stands at 4.32. In other words for every 100,000 TORM shares traded daily on the market, roughly 4320 shares are currently held short.
However TORM's short interest can also be evaluated against the total number of TORM shares, or, against the total number of tradable TORM shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case TORM's short interest could be expressed as 0% of the outstanding shares (for every 100,000 TORM shares in existence, roughly 0 shares are currently held short) or 0.0035% of the tradable shares (for every 100,000 tradable TORM shares, roughly 4 shares are currently held short).
Such a low SIR usually points to an optimistic outlook for the share price, with fewer people currently willing to bet against TORM.
Find out more about how you can short TORM stock.
TORM share dividends
Dividend payout ratio: 678.57% of net profits
Recently TORM has paid out, on average, around 678.57% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 11.07% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), TORM shareholders could enjoy a 11.07% return on their shares, in the form of dividend payments. In TORM's case, that would currently equate to about $0.85 per share.
TORM's payout ratio would broadly be considered high, and as such this stock could appeal to those looking to generate an income. Bear in mind however that companies should normally also look to re-invest a decent amount of net profits to ensure future growth.
TORM's most recent dividend payout was on 9 September 2020. The latest dividend was paid out to all shareholders who bought their shares by 25 August 2020 (the "ex-dividend date").
Have TORM's shares ever split?
TORM's shares were split on a 1:1500 basis on 23 September 2015. So if you had owned 1500 shares the day before before the split, the next day you'd have owned 1 share. This wouldn't directly have changed the overall worth of your TORM shares – just the quantity. However, indirectly, the new 149900% higher share price could have impacted the market appetite for TORM shares which in turn could have impacted TORM's share price.
TORM share price volatility
Over the last 12 months, TORM's shares have ranged in value from as little as $6.2615 up to $10.05. A popular way to gauge a stock's volatility is its "beta".
Beta is a measure of a share's volatility in relation to the market. The market (NASDAQ average) beta is 1, while TORM's is 0.2062. This would suggest that TORM's shares are less volatile than average (for this exchange).
TORM plc, a product tanker company, engages in the transportation of refined oil products and crude oil worldwide. The company transports gasoline, jet fuel, naphtha, and diesel. As of March 1, 2021, it operated a fleet of approximately 80 vessels. The company was founded in 1889 and is based in London, the United Kingdom. .
Stocks similar to TORM
TORM in the news
TORM plc to announce second quarter and first half 2021 results
Capital increase in TORM in connection with delivery of vessel
Howard Marks' Oaktree Pulls Back Star Bulk Carriers Holding
Frequently asked questionsWhat percentage of TORM is owned by insiders or institutions?
Currently 0.367% of TORM shares are held by insiders and 77.979% by institutions. How many people work for TORM?
Latest data suggests 457 work at TORM. When does the fiscal year end for TORM?
TORM's fiscal year ends in December. Where is TORM based?
TORM's address is: Birchin Court, London, United Kingdom, EC3V 9DU What is TORM's ISIN number?
TORM's international securities identification number is: GB00BZ3CNK81 What is TORM's CUSIP number?
TORM's Committee on Uniform Securities Identification Procedures number is: G89479102
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