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Torm A/S (TRMD)
NASDAQ:TRMD
US Market

Torm (TRMD) Stock Forecast & Price Target

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TRMD Financial Forecast

TRMD Earnings Forecast

Next quarter’s earnings estimate for TRMD is $0.73 with a range of $0.59 to $1.03. The previous quarter’s EPS was $0.77. TRMD beat its EPS estimate 75.00% of the time in the past 12 months, while its overall industry beat the EPS estimate 36.68% of the time in the same period. In the last calendar year TRMD has Outperformed its overall industry.
Next quarter’s earnings estimate for TRMD is $0.73 with a range of $0.59 to $1.03. The previous quarter’s EPS was $0.77. TRMD beat its EPS estimate 75.00% of the time in the past 12 months, while its overall industry beat the EPS estimate 36.68% of the time in the same period. In the last calendar year TRMD has Outperformed its overall industry.

TRMD Sales Forecast

Next quarter’s sales forecast for TRMD is $223.03M with a range of $212.16M to $255.90M. The previous quarter’s sales results were $311.53M. TRMD beat its sales estimates 100.00% of the time in past 12 months, while its overall industry beat sales estimates 34.70% of the time in the same period. In the last calendar year TRMD has Outperformed its overall industry.
Next quarter’s sales forecast for TRMD is $223.03M with a range of $212.16M to $255.90M. The previous quarter’s sales results were $311.53M. TRMD beat its sales estimates 100.00% of the time in past 12 months, while its overall industry beat sales estimates 34.70% of the time in the same period. In the last calendar year TRMD has Outperformed its overall industry.

Detailed List of Analyst Forecasts​

Detailed List of Analyst Forecasts​
Analyst Profile
Expert Firm
Price Target
Position
Upside / Downside
Action
Date
Follow
Article
Jefferies
$37$32
Buy
74.67%
Upside
Reiterated
11/14/24
Torm plc price target lowered to $32 from $37 at JefferiesTorm plc price target lowered to $32 from $37 at Jefferies
Evercore ISI
$48$36
Buy
96.51%
Upside
Reiterated
11/11/24
Analysts Offer Insights on Energy Companies: Torm (NASDAQ: TRMD) and Transocean (NYSE: RIG)
Kepler Capital
$41.36$31.63
Hold
72.67%
Upside
Downgraded
10/24/24
Torm plc downgraded to Hold from Buy at Kepler CheuvreuxTorm plc downgraded to Hold from Buy at Kepler Cheuvreux
Pareto
Hold
Downgraded
10/23/24
Torm plc downgraded to Hold from Buy at ParetoTorm plc downgraded to Hold from Buy at Pareto
Fearnley Securities
$34.25
Hold
86.93%
Upside
Downgraded
09/27/24
Torm plc downgraded to Hold from Buy at FearnleyTorm plc downgraded to Hold from Buy at Fearnley
SEB Enskilda Analyst forecast on TRMD
Ulrik Bak
Not Ranked
SEB Enskilda
$36.28
Hold
98.02%
Upside
Downgraded
09/20/24
Torm plc downgraded to Hold from Buy at SEB EquitiesTorm plc downgraded to Hold from Buy at SEB Equities
Ranks
Any
Any
Analyst Rating
Any
Any
Upside/ Downside
Any
Any
Action
Any
Any
Analyst Profile
Expert Firm
Price Target
Position
Upside / Downside
Action
Date
Follow
Article
Jefferies
$37$32
Buy
74.67%
Upside
Reiterated
11/14/24
Torm plc price target lowered to $32 from $37 at JefferiesTorm plc price target lowered to $32 from $37 at Jefferies
Evercore ISI
$48$36
Buy
96.51%
Upside
Reiterated
11/11/24
Analysts Offer Insights on Energy Companies: Torm (NASDAQ: TRMD) and Transocean (NYSE: RIG)
Kepler Capital
$41.36$31.63
Hold
72.67%
Upside
Downgraded
10/24/24
Torm plc downgraded to Hold from Buy at Kepler CheuvreuxTorm plc downgraded to Hold from Buy at Kepler Cheuvreux
Pareto
Hold
Downgraded
10/23/24
Torm plc downgraded to Hold from Buy at ParetoTorm plc downgraded to Hold from Buy at Pareto
Fearnley Securities
$34.25
Hold
86.93%
Upside
Downgraded
09/27/24
Torm plc downgraded to Hold from Buy at FearnleyTorm plc downgraded to Hold from Buy at Fearnley
SEB Enskilda Analyst forecast on TRMD
Ulrik Bak
Not Ranked
SEB Enskilda
$36.28
Hold
98.02%
Upside
Downgraded
09/20/24
Torm plc downgraded to Hold from Buy at SEB EquitiesTorm plc downgraded to Hold from Buy at SEB Equities
Stocks with the Highest Top Analyst Consensus in the Energy Sector
Find stocks in the Energy sector that are highly recommended by Top Performing Analysts.

Best Analysts Covering Torm

Which Analyst Should I Follow If I Want to Buy TRMD and Sell After:
1 Month
xxx
Success Rate
7/15 ratings generated profit
47%
Average Return
+2.74%
reiterated a xxx
rating 4 months ago
Copying xxxxxxxxxxxxxxxxxx
trades and holding each position for 1 Month would result in 46.67% of your transactions generating a profit, with an average return of +2.74% per trade.
3 Months
xxx
Success Rate
8/15 ratings generated profit
53%
Average Return
+6.77%
reiterated a xxx
rating 4 months ago
Copying xxxxxxxxxxxxxxxxxx
trades and holding each position for 3 Months would result in 53.33% of your transactions generating a profit, with an average return of +6.77% per trade.
1 Year
Jonathan ChappellEvercore ISI
Success Rate
9/15 ratings generated profit
60%
Average Return
+27.83%
reiterated a buy rating 4 months ago
Copying Jonathan Chappell's trades and holding each position for 1 Year would result in 60.00% of your transactions generating a profit, with an average return of +27.83% per trade.
2 Years
xxx
Success Rate
4/15 ratings generated profit
27%
Average Return
+35.29%
reiterated a xxx
rating 4 months ago
Copying xxxxxxxxxxxxxxxxxx
trades and holding each position for 2 Years would result in 26.67% of your transactions generating a profit, with an average return of +35.29% per trade.
The Best Analyst Covering tool allows you to follow the analysts who have the best success rates and average returns on a specific stock. Only analysts that gave a Buy or Sell rating on the stock in the past 12 months are eligible for inclusion in this tool. Follow the analysts of your choice to receive real-time updates when they publish a new rating.

TRMD Analyst Recommendation Trends

Rating
Jul 24
Aug 24
Sep 24
Oct 24
Nov 24
Strong Buy
4
2
1
0
1
Buy
2
2
3
3
3
Hold
0
0
2
4
4
Sell
0
0
0
0
0
Strong Sell
0
0
0
0
0
total
6
4
6
7
8
In the current month, TRMD has received 4 Buy Ratings, 4 Hold Ratings, and 0 Sell Ratings. TRMD average Analyst price target in the past 3 months is $32.00.
Each month's total comprises the sum of three months' worth of ratings.

TRMD Stock Forecast FAQ

What is TRMD’s average 12-month price target, according to analysts?
Based on analyst ratings, Torm A/S’s 12-month average price target is $32.00.
    What is TRMD’s upside potential, based on the analysts’ average price target?
    Torm A/S has 74.67% upside potential, based on the analysts’ average price target.
      Can I see which stocks the top-ranking analysts are rating?
      Yes, go to the Analysts’ Top Stocks tool to see stocks with a Strong Buy or Strong Sell analyst rating consensus, according to the top performers.
        How can I follow the stock ratings of top Wall Street analysts?
        Head over to our Expert Center to see a list of the top 100 Wall Street analysts and follow the analysts of your choice. Visit their profiles for more details about their stock ratings and see how they perform on a stock-by-stock basis.
          Is TRMD a Buy, Sell or Hold?
          Torm A/S has a consensus rating of Moderate Buy which is based on 0 buy ratings, 0 hold ratings and 0 sell ratings.
            What is Torm A/S’s price target?
            The average price target for Torm A/S is $32.00. This is based on 0 Wall Streets Analysts 12-month price targets, issued in the past 3 months.
            The highest analyst price target is $32.00 ,the lowest forecast is $32.00. The average price target represents 74.67% Increase from the current price of $18.32.
              What do analysts say about Torm A/S?
              Torm A/S’s analyst rating consensus is a Moderate Buy. This is based on the ratings of 0 Wall Streets Analysts.
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