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

Analyst price target for TRMD

Based on 1 analyst offering 12 month price targets for Torm PLC.
Min Forecast
$44.00+15.18%
Avg Forecast
$44.00+15.18%
Max Forecast
$44.00+15.18%

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%

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TRMD stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
lockedlocked$00.00+00.00%2024-03-08

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Forecast return on equity

Is TRMD forecast to generate an efficient return?

Forecast return on assets

Is TRMD forecast to generate an efficient return on assets?

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-22.24%
Avg 2 year Forecast
$1.0B-34.33%
Avg 3 year Forecast
$1.0B-34.33%
TRMD's revenue is forecast to... subscribe to Premium to read more.
Forecast High Revenue Growth Forecast

TRMD revenue growth forecast

How is TRMD forecast to perform vs Oil & Gas Midstream companies and vs the US market?
Company
-16.51%
Industry
4.25%
Market
9.28%
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$38.20$44.00+15.18%Buy
PAGP$18.54$20.00+7.87%Buy
INSW$64.03$66.00+3.08%Strong Buy
EURN$21.04$19.19-8.81%Hold
STNG$82.38$87.25+5.91%Strong Buy

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 revenue growth forecast for 2024-2026?

(NASDAQ: TRMD) Torm's forecast annual revenue growth rate of -16.51% is not forecast to beat the US Oil & Gas Midstream industry's average forecast revenue growth rate of 4.25%, and while it is not forecast to beat the US market's average forecast revenue growth rate of 9.28%.

Torm's revenue in 2024 is $1,576,700,000.On average, 1 Wall Street analysts forecast TRMD's revenue for 2024 to be $113,035,356,000, with the lowest TRMD revenue forecast at $113,035,356,000, and the highest TRMD revenue forecast at $113,035,356,000. On average, 1 Wall Street analysts forecast TRMD's revenue for 2025 to be $95,463,880,000, with the lowest TRMD revenue forecast at $95,463,880,000, and the highest TRMD revenue forecast at $95,463,880,000.

In 2026, TRMD is forecast to generate $95,463,880,000 in revenue, with the lowest revenue forecast at $95,463,880,000 and the highest revenue forecast at $95,463,880,000.

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

(NASDAQ: TRMD) forecast ROA is N/A, which is lower than the forecast US Oil & Gas Midstream industry average of N/A.

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 $44.00, with the highest TRMD stock price forecast at $44.00 and the lowest TRMD stock price forecast at $44.00.

The Wall Street analyst predicted that Torm's share price could reach $44.00 by Mar 8, 2025. The average Torm stock price prediction forecasts a potential upside of 15.18% from the current TRMD share price of $38.20.

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

(NASDAQ: TRMD) forecast ROE is N/A, which is considered weak.
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