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NASDAQ: TRMD
Torm PLC Stock Forecast, Predictions & Price Target

OverviewForecast
EarningsRevenueDividendOwnership

Analyst price target for TRMD

Based on 1 analyst offering 12 month price targets for Torm PLC.
Min Forecast
$48.00+44.49%
Avg Forecast
$48.00+44.49%
Max Forecast
$48.00+44.49%

Should I buy or sell TRMD stock?

Based on 1 analyst offering ratings for Torm PLC.
Buy
Strong Buy
0 analysts 0%
Buy
1 analysts 100%
Hold
0 analysts 0%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

Be the first to know when Wall Street analysts revise their TRMD stock forecasts and price targets.

TRMD stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
lockedlocked$00.00+00.00%2024-07-23

1 of 1

Forecast return on equity

Is TRMD forecast to generate an efficient return?
Company
23.67%
Industry
16.82%
Market
52.28%
TRMD's Return on Equity is... subscribe to Premium to read more.
Forecast High Return on Equity Forecast

Forecast return on assets

Is TRMD forecast to generate an efficient return on assets?
Company
13.95%
Industry
6.91%
TRMD is forecast to generate... subscribe to Premium to read more.
Forecast Return on Assets vs Industry Forecast

TRMD earnings per share forecast

What is TRMD's earnings per share in the next 3 years based on estimates from 1 analyst?
Avg 1 year Forecast
$7.10-8.51%
Avg 2 year Forecast
$5.01-35.44%
Avg 3 year Forecast
$5.16-33.51%
TRMD's earnings are forecast to... subscribe to Premium to read more.
Forecast High Earnings Growth Forecast

TRMD revenue forecast

What is TRMD's revenue in the next 3 years based on estimates from 1 analyst?
Avg 1 year Forecast
$1.2B-24.75%
Avg 2 year Forecast
$1.1B-31.92%
Avg 3 year Forecast
$1.1B-31.92%
TRMD's revenue is forecast to... subscribe to Premium to read more.
Forecast High Revenue Growth Forecast

TRMD earnings growth forecast

How is TRMD forecast to perform vs Oil & Gas Midstream companies and vs the US market?
Company
-13.87%
Industry
4.38%
Market
19.47%
TRMD's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Industry Forecast
TRMD's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Market Forecast
TRMD's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Savings Rate Forecast

TRMD revenue growth forecast

How is TRMD forecast to perform vs Oil & Gas Midstream companies and vs the US market?
Company
-16.05%
Industry
2.82%
Market
8.61%
TRMD's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Industry Forecast
TRMD's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Market Forecast

TRMD vs Oil & Gas Midstream Stocks

TickerPricePrice TargetUp/downsideConsensus
TRMD$33.22$48.00+44.49%Buy
CMBT$17.48$18.00+2.97%Hold
INSW$54.30$68.00+25.23%Strong Buy
PAGP$18.72$20.00+6.84%Buy
EE$23.36$21.67-7.25%Hold
View Top Oil & Gas Midstream Stocks

Torm Stock Forecast FAQ

Is Torm Stock a good buy in 2024, according to Wall Street analysts?

The consensus among 1 Wall Street analyst covering (NASDAQ: TRMD) stock is to Buy TRMD stock.

Out of 1 analyst, 0 (0%) are recommending TRMD as a Strong Buy, 1 (100%) are recommending TRMD as a Buy, 0 (0%) are recommending TRMD as a Hold, 0 (0%) are recommending TRMD as a Sell, and 0 (0%) are recommending TRMD as a Strong Sell.

If you're new to stock investing, here's how to buy Torm stock.

What is TRMD's earnings growth forecast for 2024-2026?

(NASDAQ: TRMD) Torm's forecast annual earnings growth rate of -13.87% is not forecast to beat the US Oil & Gas Midstream industry's average forecast earnings growth rate of 4.38%, and while it is not forecast to beat the US market's average forecast earnings growth rate of 19.47%.

Torm's earnings in 2024 is $681,300,000.On average, 1 Wall Street analyst forecast TRMD's earnings for 2024 to be $665,270,000, with the lowest TRMD earnings forecast at $665,270,000, and the highest TRMD earnings forecast at $665,270,000. On average, 1 Wall Street analyst forecast TRMD's earnings for 2025 to be $469,437,000, with the lowest TRMD earnings forecast at $469,437,000, and the highest TRMD earnings forecast at $469,437,000.

In 2026, TRMD is forecast to generate $483,492,000 in earnings, with the lowest earnings forecast at $483,492,000 and the highest earnings forecast at $483,492,000.

What is TRMD's revenue growth forecast for 2024-2026?

(NASDAQ: TRMD) Torm's forecast annual revenue growth rate of -16.05% is not forecast to beat the US Oil & Gas Midstream industry's average forecast revenue growth rate of 2.82%, and while it is not forecast to beat the US market's average forecast revenue growth rate of 8.61%.

Torm's revenue in 2024 is $1,630,100,000.On average, 1 Wall Street analysts forecast TRMD's revenue for 2024 to be $114,942,727,000, with the lowest TRMD revenue forecast at $114,942,727,000, and the highest TRMD revenue forecast at $114,942,727,000. On average, 1 Wall Street analysts forecast TRMD's revenue for 2025 to be $103,985,449,000, with the lowest TRMD revenue forecast at $103,985,449,000, and the highest TRMD revenue forecast at $103,985,449,000.

In 2026, TRMD is forecast to generate $103,985,449,000 in revenue, with the lowest revenue forecast at $103,985,449,000 and the highest revenue forecast at $103,985,449,000.

What is TRMD's forecast return on assets (ROA) for 2024-2026?

(NASDAQ: TRMD) forecast ROA is 13.95%, which is higher than the forecast US Oil & Gas Midstream industry average of 6.91%.

What is TRMD's Price Target?

According to 1 Wall Street analyst that have issued a 1 year TRMD price target, the average TRMD price target is $48.00, with the highest TRMD stock price forecast at $48.00 and the lowest TRMD stock price forecast at $48.00.

The Wall Street analyst predicted that Torm's share price could reach $48.00 by Jul 23, 2025. The average Torm stock price prediction forecasts a potential upside of 44.49% from the current TRMD share price of $33.22.

What is TRMD's Earnings Per Share (EPS) forecast for 2024-2026?

(NASDAQ: TRMD) Torm's current Earnings Per Share (EPS) is $7.76. On average, analysts forecast that TRMD's EPS will be $7.10 for 2024, with the lowest EPS forecast at $7.10, and the highest EPS forecast at $7.10. On average, analysts forecast that TRMD's EPS will be $5.01 for 2025, with the lowest EPS forecast at $5.01, and the highest EPS forecast at $5.01. In 2026, TRMD's EPS is forecast to hit $5.16 (min: $5.16, max: $5.16).

What is TRMD's forecast return on equity (ROE) for 2024-2026?

(NASDAQ: TRMD) forecast ROE is 23.67%, which is considered strong.
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