With 2.99 million shares changed hands, the volume of the stock remained heavier than its average volume of 2.81 million shares. The 52-week range on NAT shows that it touched its highest point at $4.40 and its lowest point at $2.41 during that stretch. It currently has a 1-year price target of $3.99. With its current market cap of 547.05 million, NAT has annualized dividend of $0.40 while the current yield stands at 15.27%. Beta for the stock currently stands at -0.37.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of NAT was down-trending over the past week, with a drop of -3.68%, but this was down by -1.50% over a month. Three-month performance dropped to -12.08% while six-month performance fell -28.02%. The stock lost -38.64% in the past year, while it has gained 4.80% so far this year. A look at the trailing 12-month EPS for NAT yields 0.30 with Next year EPS estimates of 0.38. For the next quarter, that number is 0.04. This implies an EPS growth rate of -39.57% for this year and 33.10% for next year.
Float and Shares Shorts:
At present, 208.80 million NAT shares are outstanding with a float of 208.75 million shares on hand for trading.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for NAT since 2 analysts follow the stock currently. There are 2 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 0 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of $0.33848 being high and $0.22951 being low. For NAT, this leads to a yearly average estimate of $0.284. Based on analyst estimates, the high estimate for the next quarter is $0.22 and the low estimate is $0.04. The average estimate for the next quarter is thus $0.13.
