Euronav Nv Stock Today

EURN Stock  USD 15.48  0.94  5.72%   

Performance

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Odds Of Distress

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Euronav NV is selling at 15.48 as of the 18th of March 2024; that is -5.72 percent decrease since the beginning of the trading day. The stock's open price was 16.42. Euronav NV has a very small 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 25th of September 2022 and ending today, the 18th of March 2024. Click here to learn more.
Business Domain
Energy
IPO Date
23rd of January 2015
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 202.23 M outstanding shares of which 2.73 M shares are currently shorted by private and institutional investors with about 1.65 trading days to cover. More on Euronav NV

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 BoardAlexander Saverys
Thematic IdeaTransportation (View all Themes)
Business ConcentrationOil & Gas Storage & Transportation, Oil & Gas Midstream, Energy, NYSE Composite, BEL Mid, Transportation, Energy, Oil, Gas & Consumable Fuels, Oil & Gas Midstream, Energy (View all Sectors)
Average Analyst Recommendation
Analysts covering Euronav NV report their recommendations after researching Euronav NV's financial statements, talking to executives and customers, or listening in on Euronav NV's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Euronav NV. The Euronav consensus assessment is calculated by taking the average forecast from all of the analysts covering Euronav NV.
Financial Strength
Based on the key indicators related to Euronav NV's liquidity, profitability, solvency, and operating efficiency, Euronav NV is performing exceptionally good at this time. It has a great risk to report excellent financial results in April. Financial strength of Euronav NV is based on its profitability, leverage, liquidity, source of funds, and operating efficiency.
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover0.280.3728
Way Down
Pretty Stable
Total Current Liabilities267.8 M392.6 M
Way Down
Slightly volatile
Non Current Liabilities Total1.2 B636.6 M
Way Up
Pretty Stable
Total Assets3.1 B3.4 B
Moderately Down
Slightly volatile
Total Current Assets413.5 M760.1 M
Way Down
Slightly volatile
Euronav NV's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Euronav NV's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit.
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Euronav NV's financial leverage. It provides some insight into what part of Euronav NV's total assets is financed by creditors.
By using current balance sheet information, investors can analyze the liability, assets, and equity on Euronav NV's books and decide whether to invest or hold. Statistics such as return on equity (ROE), debt to equity (D/E) help investors determine how Euronav NV deploys its capital and how much of that capital is borrowed.
Liquidity
Euronav NV cash flow analysis is essential to understand how it generates and spends money over a specific period. It can also help you figure out where your money is going and how much cash you have available at a given moment. The company currently holds 900.69 M in liabilities with Debt to Equity (D/E) ratio of 1.06, which is about average as compared to similar companies. Euronav NV has a current ratio of 2.06, suggesting that it is liquid enough and is able to pay its financial obligations when due. Debt can assist Euronav NV until it has trouble settling it off, either with new capital or with free cash flow. So, Euronav NV's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Euronav NV sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Euronav to invest in growth at high rates of return. When we think about Euronav NV's use of debt, we should always consider it together with cash and equity.

Dividends Paid

(611.55 Million)
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 3.4 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 202.23 M outstanding shares of which 2.73 M shares are currently shorted by private and institutional investors with about 1.65 trading days to cover. Euronav NV currently holds about 277.22 M in cash with 854.91 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 Allocation
Euronav NV holds a total of 202.23 Million outstanding shares. Euronav NV retains significant amount of outstanding shares owned by insiders. An insider is usually defined as a CEO, other corporate executive, director, or institutional investor who own at least 10% of the company's outstanding shares. Since such a large part of the company is owned by insiders, it is advisable to analyze if each of these insiders have been buying or selling the stock in recent months. Please note that no matter how many assets the company secures, if the real value of the firm is less than the current market value, you may not be able to make money on it.
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 close to 99%. 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 0.1362 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, the company has a negative alpha, implying that the risk taken by holding this instrument is not justified. Euronav NV is significantly underperforming NYSE Composite.
  Odds Below 15.48HorizonTargetOdds Above 15.48
0.00%90 days
 15.48 
100.00%
Based on a normal probability distribution, the odds of Euronav NV to move above the current price in 90 days from now is close to 99 (This Euronav NV probability density function shows the probability of Euronav Stock to fall within a particular range of prices over 90 days) .

Euronav Stock Institutional Holders

Institutional Holdings refers to the ownership stake in Euronav NV that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Euronav NV's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Euronav NV's value.
InstituionRecorded OnShares
Rfp Financial Group Llc2023-09-30
K
View Euronav NV Diagnostics

Euronav NV Historical Income Statement

Euronav NV Income Statement is one of the three primary financial statements used for reporting Euronav's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Euronav NV revenue and expense. Euronav NV Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, Euronav NV's Income Before Tax is very stable compared to the past year. As of the 18th of March 2024, Total Other Income Expense Net is likely to grow to about 312 M, while Depreciation And Amortization is likely to drop about 199.8 M. View More Fundamentals

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.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Euronav NV without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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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 BradshawIndependent DirectorProfile
Ludwig CrielNon-Executive DirectorProfile
William ThomsonIndependent DirectorProfile
Julian MetherellIndependent DirectorProfile

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 Shape 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 Idea Analyzer module to analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas.

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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.
Quarterly Earnings Growth
0.746
Dividend Share
2.07
Earnings Share
4.27
Revenue Per Share
6.129
Quarterly Revenue Growth
(0.26)
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.