Euronav NV, together with its subsidiaries, engages in transportation and storage of crude oil and petroleum products worldwide. The company operates through two segments, Tankers; and Floating Production, Storage, and Offloading Operations. As of March 19, 2018, it owned and operated a fleet of 53 vessels, including 28 very large crude carriers, 1 V-Plus vessel, 22 Suezmax vessels, and 2 floating, storage, and offloading vessels, as well as 4 Suezmax vessels under construction. The company was incorporated in 2003 and is headquartered in Antwerp, Belgium.
Industry, Sector and Symbol
Stock Exchange NYSE
Industry Deep sea foreign transportation of freight
Sub-IndustryN/A
SectorTransportation
Current SymbolNYSE:EURN
Previous Symbol
CUSIPN/A
Phone323-247-4411
Debt
Debt-to-Equity Ratio0.72
Current Ratio1.51
Quick Ratio1.49
Price-To-Earnings
Trailing P/E Ratio-90.33
Forward P/E Ratio-9.03
P/E GrowthN/A
Sales & Book Value
Annual Sales$513.37 million
Price / Sales2.52
Cash Flow$1.3071 per share
Price / Cash6.22
Book Value$14.24 per share
Price / Book0.57
Profitability
EPS (Most Recent Fiscal Year)($0.09)
Net Income$1.38 million
Net Margins-14.17%
Return on Equity-6.82%
Return on Assets-4.21%
Miscellaneous
Employees2,952
Outstanding Shares159,210,000
Market Cap$1.34 billion
OptionableOptionable
Euronav (NYSE:EURN) Frequently Asked Questions
What is Euronav's stock symbol?
Euronav trades on the New York Stock Exchange (NYSE) under the ticker symbol "EURN."
How were Euronav's earnings last quarter?
Euronav NV (NYSE:EURN) released its quarterly earnings data on Thursday, January, 26th. The shipping company reported $0.32 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.07 by $0.25. The shipping company earned $147.74 million during the quarter, compared to analyst estimates of $129.51 million. Euronav had a negative net margin of 14.17% and a negative return on equity of 6.82%. View Euronav's Earnings History.
What price target have analysts set for EURN?
10 Wall Street analysts have issued 1 year price targets for Euronav's shares. Their predictions range from $9.00 to $12.00. On average, they expect Euronav's share price to reach $10.3438 in the next twelve months. This suggests a possible upside of 27.2% from the stock's current price. View Analyst Price Targets for Euronav.
What is the consensus analysts' recommendation for Euronav?
10 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Euronav in the last year. There are currently 3 hold ratings and 7 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Euronav.
Has Euronav been receiving favorable news coverage?
Press coverage about EURN stock has been trending somewhat positive this week, InfoTrie Sentiment reports. The research firm identifies negative and positive media coverage by reviewing more than six thousand news and blog sources in real time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Euronav earned a daily sentiment score of 2.0 on InfoTrie's scale. They also assigned media headlines about the shipping company a news buzz of 3.0 out of 10, indicating that recent media coverage is unlikely to have an effect on the stock's share price in the immediate future.
Who are some of Euronav's key competitors?
Some companies that are related to Euronav include Ship Finance International (SFL), SEASPAN Corp/SH SH (SSW), Frontline (FRO), Pac BASIN SHIPP/ADR (PCFBY), Scorpio Tankers (STNG), Seacor (CKH), Navigator (NVGS), DHT (DHT), Star Bulk Carriers (SBLK), COSTAMARE Inc/SH (CMRE), DryShips (DRYS), Teekay (TK), Scorpio Bulkers (SALT), Dorian LPG (LPG) and SEACOR Marine (SMHI).
Who are Euronav's key executives?
Euronav's management team includes the folowing people:
- Mr. Patrick Rodgers, CEO & Director (Age 59)
- Mr. Hugo De Stoop, Chief Financial Officer (Age 45)
- Captain Alex Staring, Chief Operating Officer and Chief Offshore Officer (Age 53)
- Mr. Brian Gallagher, Head of Investor Relations (Age 48)
- Mr. Egied Verbeeck, Gen. Counsel (Age 44)
When did Euronav IPO?
(EURN) raised $176 million in an initial public offering on Friday, January 23rd 2015. The company issued 13,600,000 shares at a price of $12.94 per share. Deutsche Bank Securities, Citigroup, J.P. Morgan and Morgan Stanley acted as the underwriters for the IPO and DNB Markets, Evercore ISI, SEB, ABN AMRO, Clarkson Capital Markets, KBC Securities, Scotiabank and Howard Weil were co-managers.
Who are Euronav's major shareholders?
Euronav's stock is owned by a variety of of retail and institutional investors. Top institutional investors include BlueMountain Capital Management LLC (3.27%), FMR LLC (2.51%), Thrivent Financial for Lutherans (1.68%), Frontier Capital Management Co. LLC (1.46%), Deutsche Bank AG (0.96%) and QVT Financial LP (0.71%).
Which major investors are selling Euronav stock?
EURN stock was sold by a variety of institutional investors in the last quarter, including BlueMountain Capital Management LLC, FMR LLC, Morgan Stanley, QVT Financial LP, Dimensional Fund Advisors LP, Schroder Investment Management Group, Bank of New York Mellon Corp and Wells Fargo & Company MN.
Which major investors are buying Euronav stock?
EURN stock was purchased by a variety of institutional investors in the last quarter, including Thrivent Financial for Lutherans, Frontier Capital Management Co. LLC, Deutsche Bank AG, Rubric Capital Management LP, AXA, Jane Street Group LLC, Odey Asset Management Group Ltd and M Holdings Securities Inc..
How do I buy shares of Euronav?
Shares of EURN can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Euronav's stock price today?
One share of EURN stock can currently be purchased for approximately $8.13.
How big of a company is Euronav?
Euronav has a market capitalization of $1.34 billion and generates $513.37 million in revenue each year. The shipping company earns $1.38 million in net income (profit) each year or ($0.09) on an earnings per share basis. Euronav employs 2,952 workers across the globe.
What is Euronav's official website?
How can I contact Euronav?
Euronav's mailing address is De Gerlachekaai 20, Antwerpen C9, 2000. The shipping company can be reached via phone at 323-247-4411 or via email at [email protected]
MarketBeat Community Rating for Euronav (NYSE EURN)
MarketBeat's community ratings are surveys of what our community members think about Euronav and other stocks. Vote "Outperform" if you believe EURN will outperform the S&P 500 over the long term. Vote "Underperform" if you believe EURN will underperform the S&P 500 over the long term. You may vote once every thirty days.
