Euronav stock: buy or sell?

EURN stock price: $10.06 -0.59% At close on February 14th, 2020

Updated on:
February 14th, 2020

2

Euronav declined a lame -0.59% and closed at $10.06. On February/6 EURN plunged a spooky -5.87%.

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:

Buy setupElegible
New all-time highNo
New 52 week highNo
Price crossing up 200d MAYes
100d MA crossing up 200d MANo

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

Daily outlook

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%).

EURN stock chart (daily)

Weekly outlook

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%).

EURN stock chart (weekly)

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 target

Nobody 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.
EURN earnings date and EPS evolution
QuarterReporting dateEstimated EPSActual EPSSurprise
2017-Q1-n/an/an/a
2017-Q2-n/an/an/a
2017-Q3-n/an/an/a
2017-Q4-n/an/an/a
2018-Q12018-04-25-0.22-0.25n/a
2018-Q22018-08-09-0.33-0.28n/a
2018-Q32018-10-31-0.29-0.27n/a
2018-Q42019-01-240.070.06-14.3%
2019-Q1-n/an/an/a
2019-Q2-n/an/an/a

Annual financial results

Compared 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.

EURN annual Sales and Income evolution
YearSalesYoYIncome/(margin)YoY
2013$229 M-$-67.55 M-29.4%-
2014$474 M106.57%$-45.80 M-9.7%-32.20%
2015$847 M78.59%$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$600 M16.88%$-110.07 M-18.3%-8,058.79%

Quarterly financial results

Euronav 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.
EURN quarterly Sales and Income evolution
QuarterSales1QoQ2Income1/(margin)QoQ2
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 M12.58%$19.36 M16.4%-168.98%
2018-Q1$98 M-16.82%$-39.09 M-39.8%-301.97%
2018-Q2$105 M6.60%$-12.51 M-12.0%-68.00%
2018-Q3$161 M54.06%$-58.75 M-36.5%369.56%
2018-Q4$236 M46.50%$0.28 M0.1%-100.47%

Euronav ownership

When 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:

EURN
Market cap$2.2 B
Total shares215.1 M
Float shares170.5 M
  - Institutional holdings (%)0.0%
  - Insider holdings (%)0.0%
Shares in short selling0.0%

Euronav summary

Friday, February 14th, 2020
Open$10.04
Close$10.06
Day range$9.95 - $10.12
Previous close$10.12
Session gain-0.59%
Average true range$0.38
50d mov avg$11.29
100d mov avg$10.96
200d mov avg$9.79
Daily patternlt03a
Weekly pattern

Euronav performance

To measure stock performance is always good to compare with competitors or related stocks. We chose as the bechmarking frame for Euronav stock.
Stock3m6m12m
EURNEuronav-8.55%33.95%26.38%

Euronav competitors

Unfortunately, we could not find any public company that could be defined as Euronav competitor. This doesn't mean Euronav does not have any competitor in the market, it's just we could not detected it.