Nordic Stock Analysis

NAT
 Stock
  

USD 2.69  0.16  5.61%   

The newest gain in Nordic American Tanker short term price appreciation may encourage private investors to take a closer look at the firm as it is trading at a share price of 2.69 on 1,697,495 in trading volume. The company directors and management have successfully maneuvered the firm at convenient times to take advantage of all market conditions in July. The stock standard deviation of daily returns for 90 days investing horizon is currently 4.47. This high volatility is attributed to the latest market swings and not-so-good earnings reports for some of the Nordic American Tanker partners.
Additionally, see Stocks Correlation.
  
The Nordic American stock analysis report makes it easy to digest most publicly released information about Nordic American and get updates on important government artifacts, including earning estimates, SEC corporate filings, and announcements. Nordic Stock analysis module also helps to analyze the Nordic American price relationship with some important fundamental indicators such as market cap and management efficiency.

Nordic Stock Analysis Notes

About 32.0% of the company shares are owned by institutional investors. The company has price-to-book ratio of 1.1. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. Nordic American Tanker recorded a loss per share of 1.0. The entity last dividend was issued on the 13th of June 2022. The firm had 1014:1000 split on the 10th of August 2017. Nordic American Tankers Limited, a tanker company, acquires and charters double-hull tankers in Bermuda and internationally. The company was incorporated in 1995 and is based in Hamilton, Bermuda. Nordic American operates under Marine Shipping classification in the United States and is traded on New York Stock Exchange. It employs 19 people. To find out more about Nordic American Tanker contact Herbjorn Hansson at 441 292 7202 or learn more at https://www.nat.bm.

Nordic American Tanker Investment Alerts

Many investors view ongoing market volatility as an opportunity to purchase more stocks at a favorable price or short it to generate a bearish trend profit opportunity. If you are one of those investors, make sure you clearly understand the position you are entering. Nordic American's investment alerts are automatically generated signals that are significant enough to either complement your investing judgment regarding Nordic American Tanker or challenge it. These alerts can help you understand what you are buying and avoid costly mistakes.
Nordic American has very high historical volatility over the last 90 days
The company reported the last year's revenue of 187.78 M. Reported Net Loss for the year was (173.28 M) with loss before taxes, overhead, and interest of (4.86 M).
Nordic American Tanker has about 37.13 M in cash with (38.44 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.18.
On 6th of July 2022 Nordic American paid $ 0.02 per share dividend to its current shareholders
Latest headline from seekingalpha.com: Teekay Tankers Stands To Benefit From Rising Tanker Rates - Seeking Alpha

Nordic American Tanker Upcoming and Recent Events

Earnings reports are used by Nordic American to provide an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Every quarterly earnings report provides investors with three things: an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Nordic American previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
Upcoming Quarterly Report25th of February 2022
Next Financial Report25th of May 2022
Next Fiscal Quarter End31st of December 2021
Next Fiscal Year End25th of February 2022
Last Quarter Report30th of September 2021
Last Financial Announcement31st of December 2020

Nordic Largest EPS Surprises

Earnings surprises can significantly impact Nordic American's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate.
Reported
Fiscal Date
Estimated EPS
Reported EPS
Surprise
2022-05-31
2022-03-31-0.12-0.14-0.0216 
2019-11-26
2019-09-30-0.08-0.1-0.0225 
2018-08-14
2018-06-30-0.14-0.16-0.0214 
View All Earnings Estimates

Nordic American SEC Filings

SEC filings are important regulatory documents required of all public companies to provide to potential investors. Nordic American prospectus issued under the guidelines of SEC is a legal declaration of facts and statements to ensure that Nordic American investors are not misled. SEC filings are required by law to meet strict transparency standards and other important legal constraints. Although many companies may choose careful wording to disguise some material information, SEC filings make crucial Nordic American Tanker specific information freely available to individual and institutional investors to make a timely investment decision.
6th of June 2022
Other Events
View
3rd of May 2022
Other Events
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9th of March 2022
Unclassified Corporate Event
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28th of February 2022
Other Events
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15th of February 2022
Other Events
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1st of February 2022
Unclassified Corporate Event
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29th of November 2021
Other Events
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Nordic Market Capitalization

The company currently falls under 'Small-Cap' category with total capitalization of 550.57 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Nordic American's market, we take the total number of its shares issued and multiply it by Nordic American'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 these looking for more risk prefer small-cap and mid-cap equities.

Nordic Profitablity

Nordic American's profitability indicators refer to fundamental financial ratios that showcase Nordic American's ability to generate income relative to its revenue or operating costs. If, let's say, Nordic American is currently losing money, the management's focus should be on how to reverse that trend. However, when revenue exceeds expenses, Nordic American's executives or investors may be in less hurry to break that information down - which is where profitability analysis comes into play. Gaining a greater understanding of Nordic American's profitability requires more research than a typical breakdown of Nordic American's financial statements. By doing a profitability analysis, companies can identify areas needing attention, and investors can make a profitable trade.
The company has Net Profit Margin of (92.28) %, which means that it does not effectively control expenditures or properly executes on its pricing strategies. This is way below average. In the same way, it shows Net Operating Margin of (13.82) %, which entails that for every $100 of revenue, it lost -0.14.

Management Efficiency

The entity has Return on Asset of (6.33) % which means that on every $100 spent on asset, it lost $6.33. This is way below average. In the same way, it shows return on shareholders equity (ROE) of (32.42) %, meaning that it generated no profit with money invested by stockholders. Nordic American management efficiency ratios could be used to measure how well nordic american tanker manages its routine affairs as well as how well it operates its assets and liabilities.

Technical Drivers

As of the 19th of August, Nordic American secures the Downside Deviation of 5.07, mean deviation of 3.76, and Risk Adjusted Performance of 0.0533. In connection with fundamental indicators, the technical analysis model lets you check existing technical drivers of Nordic American Tanker, as well as the relationship between them. Strictly speaking, you can use this information to find out if the firm will indeed mirror its model of past prices, or the prices will eventually revert. We were able to analyze nineteen technical drivers for Nordic American, which can be compared to its peers in the industry. Please verify Nordic American Tanker information ratio, potential upside, as well as the relationship between the Potential Upside and kurtosis to decide if Nordic American Tanker is priced some-what accurately, providing market reflects its recent price of 2.69 per share. Please also check out Nordic American total risk alpha, which is currently at (0.13) to check the company can sustain itself at a future point.

Nordic American Tanker Price Movement Analysis

The output start index for this execution was fourty-one with a total number of output elements of twenty. The Bollinger Bands is very popular indicator that was developed by John Bollinger. It consist of three lines. Nordic American middle band is a simple moving average of its typical price. The upper and lower bands are (N) standard deviations above and below the middle band. The bands widen and narrow when the volatility of the price is higher or lower, respectively. The upper and lower bands can also be interpreted as price targets for Nordic American Tanker. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target.
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Nordic American Predictive Daily Indicators

Nordic American intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Nordic American stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.

Nordic American Forecast Models

Nordic American time-series forecasting models is one of many Nordic American's stock analysis techniquest aimed to predict future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Nordic American's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

About Nordic Stock Analysis

Stock analysis is the technique used by a trader or investor to examine and evaluate how Nordic American prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Nordic shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas, a specific sector, or an individual Stock such as Nordic American. By using and applying Nordic Stock analysis, traders can create a robust methodology for identifying Nordic entry and exit points for their positions.
Nordic American Tankers Limited, a tanker company, acquires and charters double-hull tankers in Bermuda and internationally. The company was incorporated in 1995 and is based in Hamilton, Bermuda. Nordic American operates under Marine Shipping classification in the United States and is traded on New York Stock Exchange. It employs 19 people.

Current Nordic Analysis - Recommendations

We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. Nordic analyst recommendations are determined by taking all analyst recommendations and averaging them as Strong Buy, Buy, Hold, Strong Sell or Sell. There is no one specific way to measure analysis performance other than comparing it to the past results via a very sophisticated attribution analysis. Nordic analyst consensus and target price projections should be used in combination with other traditional techniques such as stock price forecasting, technical analysis, earnings estimate, and various momentum models.
Target PriceAdvice# of Analysts
3.33Hold3Odds
Nordic American Tanker current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most Nordic analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Nordic stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Nordic American Tanker, talking to its executives and customers, or listening to Nordic conference calls.
Nordic Analyst Advice Details

Nordic Stock Analysis Indicators

Nordic American Tanker stock analysis indicators help investors evaluate how Nordic American stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing and determine when trading Nordic American shares will generate the highest return on investment. By understating and applying Nordic American stock analysis, traders can identify Nordic American position entry and exit signals to maximize returns.
Quick Ratio0.63
Trailing Annual Dividend Rate0.05
Fifty Two Week Low1.4000
Revenue Growth-17.50%
Average Daily Volume Last 10 Day4.19M
Shares Short Prior Month10.96M
Average Daily Volume In Three Month5.42M
Shares Percent Shares Out6.47%
Gross Margins-4.46%
Forward Price Earnings9.75
Short Percent Of Float6.66%
Float Shares195.82M
Fifty Two Week High3.3500
Fifty Day Average2.2512
Enterprise Value To Ebitda-30.81
Two Hundred Day Average2.1026
Enterprise Value To Revenue4.26
Trailing Annual Dividend Yield1.89%
Additionally, see Stocks Correlation. Note that the Nordic American Tanker information on this page should be used as a complementary analysis to other Nordic American's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.

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When running Nordic American Tanker price analysis, check to measure Nordic American'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 Nordic American is operating at the current time. Most of Nordic American's value examination focuses on studying past and present price action to predict the probability of Nordic American's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Nordic American's price. Additionally, you may evaluate how the addition of Nordic American to your portfolios can decrease your overall portfolio volatility.
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Is Nordic American'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 Nordic American. If investors know Nordic 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 Nordic American 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 YOY
5.76
Market Capitalization
562.7 M
Quarterly Revenue Growth YOY
-0.17
Return On Assets
-0.0633
Return On Equity
-0.32
The market value of Nordic American Tanker is measured differently than its book value, which is the value of Nordic that is recorded on the company's balance sheet. Investors also form their own opinion of Nordic American's value that differs from its market value or its book value, called intrinsic value, which is Nordic American'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 Nordic American's market value can be influenced by many factors that don't directly affect Nordic American'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 Nordic American's value and its price as these two are different measures arrived at by different means. Investors typically determine Nordic American value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Nordic American'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.