Euronav stock: buy or sell?
February 14th, 2020
Euronav NV, together with its subsidiaries, owns, operates, and manages a fleet of vessels for the ocean transportation and storage of crude oil and petroleum products worldwide.
Should I buy Euronav stock?Even if you are a experienced or a novel trader, best trading results come from using an investing strategy that never leaves to random or subjective opinions when is the best moment to buy or sell stocks. Having a trading plan helps to make decisions easier, quicker and with less hesitations. At Stocks2.com, we like to use very simple but trusted and powerful trend following trading strategies. Simple things usually work the best.
Check the only buy setup that matches with Euronav stock now:
|New all-time high||No|
|New 52 week high||No|
|Price crossing up 200d MA||Yes|
|100d MA crossing up 200d MA||No|
Is Euronav stock a buy?
Banks and financial institutions post stock ratings everyday.Unfortunately, we couldn't detect any rating for EURN stock for the last 30 days.
Euronav stock analysis
Euronav shares declined -0.59% to $10.06 on Feb 14th.
Euronav shares declined -0.59% to $10.06 on February 14th. On Tuesday EURN price bounced up over the SMA of 200 days demonstrating to be a significant support for this stock. Since October when SMA50d and SMA100d crossed up, EURN price slipped $-0.63 per share (-5.89%).
After sliding for 4 weeks, this week Euronav skyrocketed a super good 6.57%, closing at $10.06. Late January EURN collapsed a chilling -7.29% in just one week. This week broke a streak of 4 declining weeks.
This week EURN price bounced up over the SMA of 40 weeks that acted as support stopping new slides. Since late May 2019 when SMA20w and SMA40w crossed up, EURN price gained $0.23 per share (2.34%).
Euronav stock price history
Euronav IPO was on January 26th, 2015 at $9.30 per share1. Since then, EURN stock surged a 8.20%, with an average of 1.60% per year. If you had invested $1,000 in Euronav stock in 2015, it would worth $82.00 today.
1: Adjusted price after possible price splits or reverse-splits.
Euronav stock historical price chart
EURN stock reached 52-week highs on Jan 9th at $13.21, and all-time highs 2015-10-23 with a price of 13.23.
Euronav stock price targetNobody can reliably foresee how stock prices may evolve in the future. However, financial institutions invest time and resources to provide the most accurated estimations to help investors to make their decisions. You should not follow the analysts' EURN stock price predictions in the hope that they will be met as they may be wrong and not met. For the last month we have not found any price forecast for Euronav stock by any trusted analyst.
Financials and fundamental analysis
Earnings date and Earnings per Share, Euronav didn't meet the expectations of the experts and reported a fatal EPS of $0.06 per share when experts were expecting $0.07.
|Quarter||Reporting date||Estimated EPS||Actual EPS||Surprise|
Annual financial resultsCompared to 2017, last anual turnover report draw an astounding increase of 16.88% to $600.02 million dollars. In contrast, its profit margin (compared to revenues) collapsed to -18.34%, that is $-110.07 million.
|2013||$229 M||-||$-67.55 M-29.4%||-|
|2014||$474 M||106.57%||$-45.80 M-9.7%||-32.20%|
|2015||$847 M||78.59%||$350 M41.4%||-864.90%|
|2016||$684 M||-19.17%||$204 M29.8%||-41.75%|
|2017||$513 M||-24.98%||$1.38 M0.3%||-99.32%|
|2018||$600 M||16.88%||$-110.07 M-18.3%||-8,058.79%|
Quarterly financial resultsEuronav reported $236.11 M in revenues for 2018-Q4, a 46.50% improvement compared to previous quarter. Reported quarter income marked $0.28 million with a profit margin of 0.12%. Profit margin rocketed a 36.57% compared to previous quarter when profit margin was -36.45%. When comparing revenues to same quarter last year, Euronav sales marked an exceptional growth and boosted a 100.13%. Looking back to recent quarterly results, Euronav posted 3 negative quarters in a row.
|2017-Q1||$154 M||-||$32.20 M20.9%||-|
|2017-Q2||$115 M||-25.47%||$-22.01 M-19.2%||-168.35%|
|2017-Q3||$105 M||-8.70%||$-28.06 M-26.8%||27.49%|
|2017-Q4||$118 M||12.58%||$19.36 M16.4%||-168.98%|
|2018-Q1||$98 M||-16.82%||$-39.09 M-39.8%||-301.97%|
|2018-Q2||$105 M||6.60%||$-12.51 M-12.0%||-68.00%|
|2018-Q3||$161 M||54.06%||$-58.75 M-36.5%||369.56%|
|2018-Q4||$236 M||46.50%||$0.28 M0.1%||-100.47%|
Euronav ownershipWhen you are planning to buy a company, it's always worth to review its ownership structure.
Management staff in all public traded companies that hold equity is required to report every transaction to the SEC. For Euronav, of all outstanding shares are owned by its staff.
Bearish positions for EURN stock account 0.00%, no big difference from last month.
For a better context understanding, the following table shows ownership data compared to other related companies:
|Market cap||$2.2 B|
|Total shares||215.1 M|
|Float shares||170.5 M|
|- Institutional holdings (%)||0.0%|
|- Insider holdings (%)||0.0%|
|Shares in short selling||0.0%|
|Friday, February 14th, 2020|
|Day range||$9.95 - $10.12|
|Average true range||$0.38|
|50d mov avg||$11.29|
|100d mov avg||$10.96|
|200d mov avg||$9.79|
Euronav performanceTo measure stock performance is always good to compare with competitors or related stocks. We chose as the bechmarking frame for Euronav stock.