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-88.67
Forward P/E Ratio-8.87
P/E GrowthN/A
Sales & Book Value
Annual Sales$513.37 million
Price / Sales2.47
Cash Flow$1.2788 per share
Price / Cash Flow6.24
Book Value$11.60 per share
Price / Book0.69
Profitability
EPS (Most Recent Fiscal Year)($0.09)
Net Income$1.38 million
Net Margins-18.87%
Return on Equity-7.94%
Return on Assets-4.69%
Miscellaneous
Employees2,952
Outstanding Shares159,210,000
Market Cap$1.35 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) issued its earnings results on Thursday, January, 26th. The shipping company reported $0.32 EPS for the quarter, beating the Thomson Reuters' consensus estimate of $0.07 by $0.25. The shipping company earned $147.74 million during the quarter, compared to the consensus estimate of $129.51 million. Euronav had a negative return on equity of 7.94% and a negative net margin of 18.87%. View Euronav's Earnings History.
When is Euronav's next earnings date?
What price target have analysts set for EURN?
10 Wall Street analysts have issued 12 month target prices for Euronav's stock. 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 29.6% 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 4 hold ratings and 6 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Euronav.
Has Euronav been receiving favorable news coverage?
News stories about EURN stock have been trending somewhat positive on Saturday, InfoTrie Sentiment Analysis reports. The research group rates the sentiment of media coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Euronav earned a news impact score of 0.7 on InfoTrie's scale. They also assigned press coverage about the shipping company a news buzz of 1.0 out of 10, indicating that recent media coverage is extremely unlikely to have an impact on the company's share price in the near term.
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), Scorpio Tankers (STNG), Pac BASIN SHIPP/ADR (PCFBY), Seacor (CKH), Navigator (NVGS), Star Bulk Carriers (SBLK), DHT (DHT), COSTAMARE INC/SH (CMRE), DryShips (DRYS), Scorpio Bulkers (SALT), Teekay (TK), Dorian LPG (LPG) and Diana Shipping (DSX).
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 IPO 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 many different 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 Marshall Wace LLP, BlueMountain Capital Management LLC, FMR LLC, Morgan Stanley, QVT Financial LP, Dimensional Fund Advisors LP, Schroder Investment Management Group and Bank of New York Mellon Corp.
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, MARSHALL WACE ASIA Ltd and Odey Asset Management Group Ltd.
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 $7.98.
How big of a company is Euronav?
Euronav has a market capitalization of $1.35 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.
