Is Nordic American Tankers Stock a good buy in 2023, according to Wall Street analysts?
The consensus among 2 Wall Street analysts covering (NYSE: NAT) stock is to Strong Buy NAT stock.
Out of 2 analysts, 2 (100%) are recommending NAT as a Strong Buy, 0 (0%) are recommending NAT as a Buy, 0 (0%) are recommending NAT as a Hold, 0 (0%) are recommending NAT as a Sell, and 0 (0%) are recommending NAT as a Strong Sell.
What is NAT's earnings growth forecast for 2023-2023?
(NYSE: NAT) Nordic American Tankers's forecast annual earnings growth rate of N/A is not forecast to beat the US Marine Shipping industry's average forecast earnings growth rate of N/A, and while it is not forecast to beat the US market's average forecast earnings growth rate of N/A.
Nordic American Tankers's earnings in 2023 is -$171,328,000.
In 2023, NAT is forecast to generate $5,510,826 in earnings, with the lowest earnings forecast at $5,510,826 and the highest earnings forecast at $5,510,826.
What is NAT's revenue growth forecast for 2023-2023?
(NYSE: NAT) Nordic American Tankers's forecast annual revenue growth rate of N/A is not forecast to beat the US Marine Shipping industry's average forecast revenue growth rate of N/A, and while it is not forecast to beat the US market's average forecast revenue growth rate of N/A.
Nordic American Tankers's revenue in 2023 is $191,075,000.
In 2023, NAT is forecast to generate $34,023,838,983 in revenue, with the lowest revenue forecast at $34,023,838,983 and the highest revenue forecast at $34,023,838,983.
What is NAT's forecast return on assets (ROA) for 2023-2023?
(NYSE: NAT) forecast ROA is 0.65%, which is lower than the forecast US Marine Shipping industry average of 10.02%.
What is NAT's Price Target?
According to 2 Wall Street analysts that have issued a 1 year NAT price target, the average NAT price target is $5.25, with the highest NAT stock price forecast at $5.50 and the lowest NAT stock price forecast at $5.00.
On average, Wall Street analysts predict that Nordic American Tankers's share price could reach $5.25 by Feb 28, 2024. The average Nordic American Tankers stock price prediction forecasts a potential upside of 42.66% from the current NAT share price of $3.68.
What is NAT's Earnings Per Share (EPS) forecast for 2023-2023?
(NYSE: NAT) Nordic American Tankers's current Earnings Per Share (EPS) is -$1.05. In 2023, NAT's EPS is forecast to hit $0.03 (min: $0.03, max: $0.03).
What is NAT's forecast return on equity (ROE) for 2023-2023?
(NYSE: NAT) forecast ROE is 1.11%, which is considered weak.
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