TORM (TRMD) Projected to Post Earnings on Thursday

Key Points

• Torm (NASDAQ: TRMD) is expected to report its Q2 2025 earnings on August 14, with projected earnings of $0.56 per share and revenue of $207.58 million.
• The stock has shown significant volatility, with a 1-year low of $13.60 and a high of $38.98, and currently trades around $18.77.
• Analyst ratings for Torm have improved, with Fearnley Fonds upgrading it to a "strong-buy" and a current consensus rating of "Moderate Buy" with an average price target of $27.50.

TORM (NASDAQ:TRMD - Get Free Report) will likely be posting its Q2 2025 quarterly earnings results before the market opens on Thursday, August 14th. Analysts expect TORM to post earnings of $0.57 per share and revenue of $207.58 million for the quarter.

TORM Trading Up 7.4%

TRMD stock traded up $1.42 on Thursday, reaching $20.49. The company's stock had a trading volume of 2,076,671 shares, compared to its average volume of 672,643. The business has a fifty day simple moving average of $18.13 and a two-hundred day simple moving average of $17.73. TORM has a 12-month low of $13.60 and a 12-month high of $38.98. The firm has a market cap of $1.93 billion, a PE ratio of 4.02 and a beta of 0.12. The company has a debt-to-equity ratio of 0.48, a quick ratio of 2.28 and a current ratio of 2.55.

Hedge Funds Weigh In On TORM

Large investors have recently added to or reduced their stakes in the stock. Royal Bank of Canada lifted its stake in shares of TORM by 1,346.6% in the 1st quarter. Royal Bank of Canada now owns 87,285 shares of the company's stock valued at $1,438,000 after purchasing an additional 81,251 shares during the last quarter. NewEdge Advisors LLC lifted its holdings in TORM by 39.9% during the 1st quarter. NewEdge Advisors LLC now owns 16,740 shares of the company's stock worth $276,000 after buying an additional 4,776 shares in the last quarter. Geode Capital Management LLC lifted its holdings in TORM by 0.7% during the 2nd quarter. Geode Capital Management LLC now owns 83,133 shares of the company's stock worth $1,385,000 after buying an additional 611 shares in the last quarter. Cetera Investment Advisers increased its holdings in TORM by 22.4% during the 2nd quarter. Cetera Investment Advisers now owns 17,610 shares of the company's stock worth $293,000 after purchasing an additional 3,221 shares during the period. Finally, Invesco Ltd. purchased a new stake in TORM during the 2nd quarter worth about $190,000. 73.89% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of brokerages recently issued reports on TRMD. Evercore ISI set a $23.00 price objective on TORM and gave the company an "outperform" rating in a research note on Thursday. Pareto Securities upgraded TORM from a "hold" rating to a "buy" rating in a research note on Wednesday, May 14th. Finally, Fearnley Fonds raised TORM from a "hold" rating to a "strong-buy" rating in a report on Tuesday, May 6th. One analyst has rated the stock with a sell rating, three have assigned a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and an average price target of $27.50.

TORM Company Profile

TORM plc, a shipping company, owns and operates a fleet of product tankers in the United Kingdom. It operates in two operating segments, Tanker and Marine Exhaust. The Tanker segment transports refined oil products, such as gasoline, jet fuel, kerosene, naphtha, and gas oil, as well as dirty petroleum products, including fuel oil.