Nordic Stock Story

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Ellen Johnson .  Story
NAT
 Stock
  

USD 2.59  0.10  3.72%   

By Ellen Johnson
Macroaxis Story
Nordic American Asset Turnover is comparatively stable at the moment as compared to the past year. Nordic American reported Asset Turnover of 0.21 in 2021. Book Value per Share is likely to gain to 3.14 in 2022, whereas Free Cash Flow is likely to drop (49.2 M) in 2022. The stock is currently undergoing a very aggressive trading activities. Although many conservative investors are getting more into industrials space, we should study Nordic American's newest fundamentals in more details. We will cover the possibilities of making Nordic American into a steady grower in July. Will private investors continue to hold, or should we expect a sell-off?
Published over a month ago
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How stable are Nordic American (NYSE:NAT) basic indicators given the newest gain?

Nordic American is UNDERVALUED at 2.59 per share with modest projections ahead.
Nordic American appears to be dangerous, given 3 months investment horizon. Nordic American Tanker has Sharpe Ratio of 0.0468, which conveys that the firm had 0.0468% of return per unit of risk over the last 3 months. Our standpoint towards estimating the volatility of a stock is to use all available market data together with stock-specific technical indicators that cannot be diversified away. We have found twenty-seven technical indicators for Nordic American, which you can use to evaluate the future volatility of the firm. Please exercise Nordic American's Downside Deviation of 6.46, risk adjusted performance of 0.0125, and Mean Deviation of 5.17 to check out if our risk estimates are consistent with your expectations.
Typically, a company's financial statements are the reports that show the financial position of the company. There are three main documents that fall into the category of financial statements. These documents include Nordic American income statement, its balance sheet, and the statement of cash flows. Potential Nordic American investors and stakeholders use financial statements to determine how well the company is positioned to perform in the future. Although Nordic American investors may use each financial statement separately, they are all related. The changes in Nordic American's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Nordic American's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.
The goal of Nordic American fundamental analysis is to do accurate financial forecasts. There are several possible objectives to fundamental analysis, such as projecting of Nordic American performance into the future periods or doing a reasonable stock valuation. The intrinsic value of Nordic American shares is the value that is considered the true value of the share. If the intrinsic value of Nordic is higher than its market price, buying is generally recommended. If it is equal to the market price, it is recommended to hold; and if it is less than the market price, then one should sell all shares Nordic American.
Please read more on our fundamental analysis page.

Are Nordic American Earnings Expected to grow?

The future earnings power of Nordic American involves the interaction of many company-specific, industry, and economic forces. Earnings estimates embody investors' opinions of Nordic American factors such as sales growth, product demand, competitive industry environment, profit margins, and cost controls. Nordic American stock prices adjust as these expectations change or are proven wrong. The main thing to remember is that equities with high expected earnings growth tend to underperform the market because it is usually difficult to meet the market's high expectations. Companies with low earnings expectations tend to do better than expected. Please use our latest analysis of Nordic expected earnings.

And What about dividends?

A dividend is the distribution of a portion of Nordic American earnings, decided and managed by the company's board of directors and paid to a class of its shareholders. Note, announcements of dividend payouts are generally accompanied by a proportional increase or decrease in a company's stock price. Nordic American dividend payments follow a chronological order of events, and the associated dates are important to determine the shareholders who qualify for receiving the dividend payment. Nordic one year expected dividend income is about $0.18 per share.
Nordic American Dividend Yield is comparatively stable at the moment as compared to the past year. Nordic American reported Dividend Yield of 0.036 in 2021. Dividends per Basic Common Share is likely to gain to 0.06 in 2022, whereas Payment of Dividends and Other Cash Distributions is likely to drop (10.5 M) in 2022.
Last ReportedProjected for 2022
Payment of Dividends and Other Cash Distributions-9.7 M-10.5 M
Dividend Yield 0.036  0.0369 
Dividends per Basic Common Share 0.06  0.06 
Investing in dividend-paying stocks, such as Nordic American Tanker is one of the few strategies that are good for long-term investment. Ex-dividend dates are significant because investors in Nordic American must own a stock before its ex-dividend date to receive its next dividend.
This type of analysis is very useful when you want to generate a past dividend schedule and payout information for Nordic American. Then that information in the form of graph and calendar can be used to fully explain how Du Pont dividends can provide a real clue to its valuation.

How does Nordic utilize its cash?

To perform a cash flow analysis of Nordic American, investors first need to understand how to read the cash flow statement. A cash flow statement shows the amount of cash Nordic American is receiving and how much cash it distributes out in a given period. The Nordic American cash flow statement breaks down these inflows and outflows into different buckets, including operating activities, investing activities, and financing activities.
Nordic American Net Cash Flow from Operations is comparatively stable at the moment as compared to the past year. Nordic American reported Net Cash Flow from Operations of (44.46 Million) in 2021

Nordic American Gross Profit

Nordic American Gross Profit growth is one of the most critical measures in evaluating the company. The Gross Profit growth rate is calculated simply by comparing Nordic American previous period's values with its current period's values. Each time period you're measuring should be of equal lengths the increase or decrease, in a company's Gross Profit between two periods. Here we show Nordic American Gross Profit growth over the last 10 years.
Please check Gross Profit in more details.

Breaking down Nordic American Indicators

The newest bullish price patterns experienced by current Nordic American Tanker shareholders may encourage private investors to take a closer look at the firm as it is trading at a share price of 2.01 on 4,447,999 in trading volume. The company executives have been very successful in rebalancing the firm assets at opportune times to take advantage of market volatility in May. The stock standard deviation of daily returns for 90 days investing horizon is currently 6.35. The very high volatility is mostly attributed to the latest market swings and not very good earnings reports from some of the Nordic American Tanker partners.
 2019 2020 2021 2022 (projected)
Revenues USD317.22 M354.62 M191.07 M262.27 M
Revenues317.22 M354.62 M191.07 M262.27 M

Asset Utilization

The asset utilization indicator refers to the revenue earned for every dollar of assets a company currently reports. Nordic American has an asset utilization ratio of 5.42 percent. This implies that the company is making $0.0542 for each dollar of assets. An increasing asset utilization means that Nordic American Tanker is more efficient with each dollar of assets it utilizes for everyday operations.


Assets Non Current
807.1 M
Current Assets126.24 Million13.28
Assets Non Current807.05 Million84.93
Goodwill16.98 Million1.79

Our take on today Nordic American gain

Newest Market Risk Adjusted Performance is up to 0.03. Price may drop again. Nordic American Tanker is displaying above-average volatility over the selected time horizon. Investors should scrutinize Nordic American Tanker independently to ensure intended market timing strategies are aligned with expectations about Nordic American volatility. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Nordic American's stock risk against market volatility during both bullying and bearish trends. The higher level of volatility that comes with bear markets can directly impact Nordic American's stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different stocks as prices fall.

Nordic American Implied Volatility

Nordic American's implied volatility exposes the market's sentiment of Nordic American Tanker stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Nordic American's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Nordic American stock will not fluctuate a lot when Nordic American's options are near their expiration.

Our Conclusion on Nordic American

Whereas few other entities under the marine shipping industry are still a bit expensive, Nordic American may offer a potential longer-term growth to private investors. The inconsistency in the assessment between current Nordic valuation and our trade advice on Nordic American is due to the recent market swings and your selection of investing horizon. Please use our equity advice module to run different scenarios to ensure your current risk level and investment horizon are fully reflective of your current investing preferences in regards to Nordic American.

Editorial Staff

Ellen Johnson is a Member of Macroaxis Editorial Board. Ellen covers public companies in North America, focusing primarily on valuation and volatility. Six years of experience in predictive investment analytics and risk management. View Profile
This story should be regarded as informational only and should not be considered a solicitation to sell or buy any financial products. Macroaxis does not express any opinion as to the present or future value of any investments referred to in this post. This post may not be reproduced without the consent of Macroaxis LLC. Macroaxis LLC and Ellen Johnson do not own shares of Nordic American Tanker. Please refer to our Terms of Use for any information regarding our disclosure principles.

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