Nordic American Tankers
The 10-second takeaway
Comparing the upcoming quarter with the prior-year quarter, average analyst estimates predict Nordic American Tankers's revenues will increase 1.7% and EPS will remain in the red.
The average estimate for revenue is $24.2 million. On the bottom line, the average EPS estimate is -$0.23.
Last quarter, Nordic American Tankers logged revenue of $30.5 million. GAAP reported sales were 19% higher than the prior-year quarter's $25.5 million.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.
Last quarter, EPS came in at -$0.18. GAAP EPS were -$0.18 for Q1 compared to -$0.15 per share for the prior-year quarter.
Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.
For the preceding quarter, gross margin was 47.2%, 380 basis points worse than the prior-year quarter. Operating margin was -28.5%, 280 basis points worse than the prior-year quarter. Net margin was -30.8%, 350 basis points worse than the prior-year quarter.
The full year's average estimate for revenue is $98.0 million. The average EPS estimate is -$0.97.
The stock has a three-star rating (out of five) at Motley Fool CAPS, with 919 members out of 962 rating the stock outperform, and 43 members rating it underperform. Among 162 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 153 give Nordic American Tankers a green thumbs-up, and nine give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Nordic American Tankers is hold, with an average price target of $14.25.
Can your portfolio provide you with enough income to last through retirement? You'll need more than Nordic American Tankers. Learn how to maximize your investment income and "Secure Your Future With 9 Rock-Solid Dividend Stocks." Get instant access to this free report.
- Add Nordic American Tankers to My Watchlist.
Seth Jayson had no position in any company mentioned here at the time of publication. You can view his stock holdings here. He is the co-advisor of Motley Fool Hidden Gems, which provides new small-cap ideas every month, backed by a real-money portfolio. The Motley Fool has no positions in the stocks mentioned above. Try any of our Foolish newsletter services free for 30 days. We Fools don't all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.