Euronav Nv Stock Today
| EURN Stock | USD 16.37 0.13 0.79% |
Performance0 of 100
| Odds Of DistressLess than 9
|
Euronav NV is selling at 16.37 as of the 19th of April 2024; that is -0.79 percent decrease since the beginning of the trading day. The stock's open price was 16.5. Euronav NV has less than a 9 % chance of experiencing financial distress in the next few years, but has generated negative returns over the last 90 days. Equity ratings for Euronav NV are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 30th of May 2022 and ending today, the 19th of April 2024. Click here to learn more.
Euronav NV, together with its subsidiaries, engages in the transportation and storage of crude oil worldwide. The company was incorporated in 2003 and is headquartered in Antwerp, Belgium. Euronav NV operates under Oil Gas Midstream classification in the United States and is traded on New York Stock Exchange. The company has 194.22 M outstanding shares of which 3.35 M shares are currently shorted by private and institutional investors with about 1.77 trading days to cover. More on Euronav NV
Moving against Euronav Stock
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| 0.6 | KMI | Kinder Morgan Financial Report 17th of July 2024 | PairCorr |
Follow Valuation Odds of Bankruptcy
Financial Report 9th of May 2024
Euronav Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Euronav NV's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Euronav NV or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| CEO Board | Alexander Saverys |
| Thematic Idea | Transportation (View all Themes) |
| Business Concentration | Oil & Gas Storage & Transportation, Oil & Gas Midstream, Energy, NYSE Composite, BEL All Share, Transportation, Energy, Oil, Gas & Consumable Fuels, Oil & Gas Midstream, Energy (View all Sectors) |
Euronav NV (EURN) is traded on New York Stock Exchange in USA. It is located in Belgica Building, Antwerp, Belgium, 2000 and employs 29 people. Euronav NV is listed under Oil & Gas Storage & Transportation category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with a current market capitalization of 3.2 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Euronav NV's market, we take the total number of its shares issued and multiply it by Euronav NV's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Euronav NV conducts business under Oil, Gas & Consumable Fuels sector and is part of Energy industry. The entity has 194.22 M outstanding shares of which 3.35 M shares are currently shorted by private and institutional investors with about 1.77 trading days to cover.
Euronav NV currently holds about 277.22 M in cash with 854.9 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.37.
Check Euronav NV Probability Of Bankruptcy
Ownership AllocationEuronav NV retains a total of 194.22 Million outstanding shares. Euronav NV shows majority of its outstanding shares owned by insiders. An insider is usually defined as a corporate executive, director, member of the board or institutional investor who own at least 10% of the company's outstanding shares. 80.52 percent of Euronav NV outstanding shares that are owned by insiders denotes they have been buying or selling the stock in recent months in anticipation of some upcoming event. Also note that almost fifteen million five hundred thirty-seven thousand three hundred fifty-nine invesors are currently shorting Euronav NV expressing very little confidence in its future performance.
Check Euronav Ownership Details
Euronav Stock Price Odds Analysis
Contingent on a normal probability distribution, the odds of Euronav NV jumping above the current price in 90 days from now is about 85.06%. The Euronav NV probability density function shows the probability of Euronav NV stock to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days Euronav NV has a beta of 0.3201 suggesting as returns on the market go up, Euronav NV average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Euronav NV will be expected to be much smaller as well. Additionally, euronav NV has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite.
Based on a normal probability distribution, the odds of Euronav NV to move above the current price in 90 days from now is about 85.06 (This Euronav NV probability density function shows the probability of Euronav Stock to fall within a particular range of prices over 90 days) .
Euronav NV Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Euronav NV market risk premium is the additional return an investor will receive from holding Euronav NV long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Euronav NV. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Euronav NV's alpha and beta are two of the key measurements used to evaluate Euronav NV's performance over the market, the standard measures of volatility play an important role as well.
| Risk Adjusted Performance | (0.02) | |||
| Jensen Alpha | (0.13) | |||
| Total Risk Alpha | (0.29) | |||
| Treynor Ratio | (0.33) |
Euronav Stock Against Markets
Picking the right benchmark for Euronav NV stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Euronav NV stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Euronav NV is critical whether you are bullish or bearish towards Euronav NV at a given time. Please also check how Euronav NV's historical prices are related to one of the top price index indicators.
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Euronav NV Corporate Directors
Euronav NV corporate directors refer to members of an Euronav NV board of directors. The board of directors generally takes responsibility for the Euronav NV's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Euronav NV's board members must vote for the resolution. The Euronav NV board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.| Daniel Bradshaw | Independent Director | Profile | |
| Ludwig Criel | Non-Executive Director | Profile | |
| William Thomson | Independent Director | Profile | |
| Julian Metherell | Independent Director | Profile |
How to buy Euronav Stock?
Before investing in Euronav NV, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Euronav NV. To buy Euronav NV stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Euronav NV. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Euronav NV stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Euronav NV stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Euronav NV stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Euronav NV, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy Euronav Stock please use our How to Invest in Euronav NV guide.
Already Invested in Euronav NV?
The danger of trading Euronav NV is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Euronav NV is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Euronav NV. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Euronav NV is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Euronav NV offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Euronav NV's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Euronav Nv Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Euronav Nv Stock: Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Euronav NV. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area. To learn how to invest in Euronav Stock, please use our How to Invest in Euronav NV guide.You can also try the Latest Portfolios module to quick portfolio dashboard that showcases your latest portfolios.
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When running Euronav NV's price analysis, check to measure Euronav NV's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Euronav NV is operating at the current time. Most of Euronav NV's value examination focuses on studying past and present price action to predict the probability of Euronav NV's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Euronav NV's price. Additionally, you may evaluate how the addition of Euronav NV to your portfolios can decrease your overall portfolio volatility.
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Is Euronav NV's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Euronav NV. If investors know Euronav will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Euronav NV listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Euronav NV is measured differently than its book value, which is the value of Euronav that is recorded on the company's balance sheet. Investors also form their own opinion of Euronav NV's value that differs from its market value or its book value, called intrinsic value, which is Euronav NV's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Euronav NV's market value can be influenced by many factors that don't directly affect Euronav NV's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Euronav NV's value and its price as these two are different measures arrived at by different means. Investors typically determine if Euronav NV is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Euronav NV's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.