TORM (TRMD) Stock Forecast, Price Target & Predictions
TRMD Stock Forecast
TORM stock forecast is as follows: an average price target of $45.00 (represents a 148.89% upside from TRMD’s last price of $18.08) and a rating consensus of 'Buy', based on 2 wall street analysts offering a 1-year stock forecast.
TRMD Price Target
The average price target for TORM (TRMD) is $45.00 based on 1-year price targets from 2 Wall Street analysts in the past 3 months, with a price target range of $45.00 to $45.00. This represents a potential 148.89% upside from TRMD's last price of $18.08.
TRMD Analyst Ratings
According to 2 Wall Street analysts, TORM's rating consensus is 'Buy'. The analyst rating breakdown for TRMD stock is 0 'Strong Buy' (0.00%), 1 'Buy' (50.00%), 1 'Hold' (50.00%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).
TORM Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| May 08, 2024 | Jonathan Chappell | Evercore ISI | $45.00 | $35.80 | 25.70% | 148.89% |
The latest TORM stock forecast, released on May 08, 2024 by Jonathan Chappell from Evercore ISI, set a price target of $45.00, which represents a 25.70% increase from the stock price at the time of the forecast ($35.80), and a 148.89% increase from TRMD last price ($18.08).
TORM Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | - | 1 |
| Avg Price Target | - | - | $45.00 |
| Last Closing Price | $18.08 | $18.08 | $18.08 |
| Upside/Downside | -100.00% | -100.00% | 148.89% |
In the current month, the average price target of TORM stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to TORM's last price of $18.08. This month's average price target is down NaN% compared to last quarter, and down -100.00% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Oct 23, 2024 | Pareto | Hold | Downgrade | |
| Jul 23, 2024 | Evercore ISI | Outperform | Outperform | Hold |
| May 08, 2024 | Evercore ISI | Outperform | Outperform | Hold |
| Mar 08, 2024 | Evercore ISI | Outperform | Outperform | Hold |
TORM's last stock rating was published by Pareto on Oct 23, 2024. The company Downgrade its TRMD rating from "null" to "Hold".
TORM Financial Forecast
TORM Revenue Forecast
| Dec 27 | Sep 27 | Jun 27 | Mar 27 | Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $390.20M | $447.35M | $448.10M | $338.50M | $209.40M | $189.13M | $155.50M | $150.80M | $124.10M | $105.16M | $163.70M |
| Avg Forecast | $279.72M | $279.72M | $276.68M | $273.64M | $279.72M | $279.72M | $276.68M | $273.64M | $301.89M | $262.57M | $259.23M | $254.65M | $229.96M | $274.01M | $335.30M | $340.73M | $304.76M | $234.11M | $287.33M | $280.24M | $304.94M | $310.73M | $200.17M | $117.82M | $120.92M | $111.33M | $91.78M | $81.75M | $72.89M | $131.06M |
| High Forecast | $307.22M | $307.22M | $303.88M | $300.54M | $307.22M | $307.22M | $303.88M | $300.54M | $331.56M | $288.38M | $284.71M | $272.33M | $252.56M | $300.95M | $338.42M | $344.09M | $314.51M | $234.61M | $315.57M | $307.78M | $334.90M | $310.73M | $200.17M | $117.82M | $120.92M | $111.33M | $91.78M | $81.75M | $72.89M | $131.06M |
| Low Forecast | $249.88M | $249.88M | $247.17M | $244.45M | $249.88M | $249.88M | $247.17M | $244.45M | $269.69M | $234.57M | $231.58M | $236.97M | $205.43M | $244.78M | $332.19M | $337.37M | $295.57M | $233.61M | $256.68M | $250.35M | $272.41M | $310.73M | $200.17M | $117.82M | $120.92M | $111.33M | $91.78M | $81.75M | $72.89M | $131.06M |
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 2 | 1 | 2 | 2 | 3 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 5 | 4 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.39% | 1.47% | 1.44% | 1.69% | 1.78% | 1.56% | 1.40% | 1.64% | 1.52% | 1.44% | 1.25% |
TORM's average Quarter revenue forecast for Jun 23 based on 1 analysts is $287.33M, with a low forecast of $256.68M, and a high forecast of $315.57M. TRMD's average Quarter revenue forecast represents a -26.36% decrease compared to the company's last Quarter revenue of $390.20M (Mar 23).
TORM EBITDA Forecast
| Dec 27 | Sep 27 | Jun 27 | Mar 27 | Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 2 | 1 | 2 | 2 | 3 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 5 | 4 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $202.60M | $269.87M | $254.20M | $152.90M | $60.40M | $36.51M | $30.90M | $43.90M | $19.20M | $-1.05M | $42.00M |
| Avg Forecast | $118.35M | $118.35M | $117.06M | $115.77M | $118.35M | $118.35M | $117.06M | $115.77M | $127.72M | $111.09M | $109.67M | $107.74M | $97.29M | $115.93M | $141.86M | $144.16M | $128.94M | $99.04M | $121.56M | $118.56M | $129.01M | $117.31M | $75.57M | $44.48M | $45.65M | $42.03M | $34.65M | $11.89M | $27.52M | $72.90M |
| High Forecast | $129.98M | $129.98M | $128.56M | $127.15M | $129.98M | $129.98M | $128.56M | $127.15M | $140.28M | $122.01M | $120.45M | $115.22M | $106.85M | $127.32M | $143.18M | $145.58M | $133.06M | $99.26M | $133.51M | $130.22M | $141.69M | $117.31M | $75.57M | $44.48M | $45.65M | $42.03M | $34.65M | $14.26M | $27.52M | $87.48M |
| Low Forecast | $105.72M | $105.72M | $104.57M | $103.42M | $105.72M | $105.72M | $104.57M | $103.42M | $114.10M | $99.24M | $97.97M | $100.26M | $86.91M | $103.56M | $140.54M | $142.74M | $125.05M | $98.83M | $108.60M | $105.92M | $115.25M | $117.31M | $75.57M | $44.48M | $45.65M | $42.03M | $34.65M | $9.51M | $27.52M | $58.32M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.71% | 2.09% | 2.17% | 2.02% | 1.36% | 0.80% | 0.74% | 1.27% | 1.62% | -0.04% | 0.58% |
1 analysts predict TRMD's average Quarter EBITDA for Jun 23 to be $121.56M, with a high of $133.51M and a low of $108.60M. This is -40.00% lower than TORM's previous annual EBITDA (Mar 23) of $202.60M.
TORM Net Income Forecast
| Dec 27 | Sep 27 | Jun 27 | Mar 27 | Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 2 | 1 | 2 | 2 | 3 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 5 | 4 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $153.60M | $228.65M | $217.10M | $106.60M | $10.40M | $-8.19M | $-14.70M | $2.10M | $-21.30M | $-39.99M | $600.00K |
| Avg Forecast | $132.33M | $131.40M | $128.10M | $124.89M | $129.54M | $129.01M | $125.13M | $122.22M | $143.56M | $97.97M | $100.64M | $108.45M | $77.69M | $128.73M | $198.80M | $212.43M | $196.96M | $121.98M | $187.56M | $198.07M | $238.82M | $240.35M | $124.60M | $9.96M | $-9.56M | $-15.13M | $-12.28M | $-13.19M | $-32.43M | $1.04M |
| High Forecast | $149.23M | $148.18M | $144.46M | $140.85M | $146.09M | $145.49M | $141.12M | $137.84M | $161.90M | $110.49M | $113.50M | $122.30M | $87.62M | $145.18M | $198.92M | $213.01M | $203.75M | $122.97M | $211.52M | $223.38M | $269.33M | $240.35M | $124.60M | $9.96M | $-9.56M | $-15.13M | $-12.28M | $-10.55M | $-32.43M | $1.25M |
| Low Forecast | $113.98M | $113.17M | $110.33M | $107.57M | $111.58M | $111.12M | $107.78M | $105.27M | $123.65M | $84.38M | $86.68M | $93.41M | $66.92M | $110.88M | $198.68M | $211.85M | $191.30M | $120.99M | $161.55M | $170.61M | $205.70M | $240.35M | $124.60M | $9.96M | $-9.56M | $-15.13M | $-12.28M | $-15.82M | $-32.43M | $833.14K |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.78% | 0.96% | 0.90% | 0.86% | 1.04% | 0.86% | 0.97% | -0.17% | 1.62% | 1.23% | 0.58% |
TORM's average Quarter net income forecast for Jun 23 is $187.56M, with a range of $161.55M to $211.52M. TRMD's average Quarter net income forecast represents a 22.11% increase compared to the company's last Quarter net income of $153.60M (Mar 23).
TORM SG&A Forecast
| Dec 27 | Sep 27 | Jun 27 | Mar 27 | Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 2 | 1 | 2 | 2 | 3 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 5 | 4 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $17.60M | $15.71M | $13.40M | $12.50M | $13.40M | $12.44M | $12.30M | $13.20M | $13.60M | $13.07M | $11.70M |
| Avg Forecast | $17.49M | $17.49M | $17.30M | $17.11M | $17.49M | $17.49M | $17.30M | $17.11M | $18.88M | $16.42M | $16.21M | $15.92M | $14.38M | $17.13M | $20.97M | $21.30M | $19.06M | $14.64M | $17.97M | $17.52M | $19.07M | $19.42M | $12.51M | $7.37M | $7.56M | $6.96M | $5.74M | $8.42M | $4.56M | $20.31M |
| High Forecast | $19.21M | $19.21M | $19.00M | $18.79M | $19.21M | $19.21M | $19.00M | $18.79M | $20.73M | $18.03M | $17.80M | $17.03M | $15.79M | $18.82M | $21.16M | $21.51M | $19.66M | $14.67M | $19.73M | $19.24M | $20.94M | $19.42M | $12.51M | $7.37M | $7.56M | $6.96M | $5.74M | $10.10M | $4.56M | $24.37M |
| Low Forecast | $15.62M | $15.62M | $15.45M | $15.28M | $15.62M | $15.62M | $15.45M | $15.28M | $16.86M | $14.67M | $14.48M | $14.82M | $12.84M | $15.31M | $20.77M | $21.09M | $18.48M | $14.61M | $16.05M | $15.65M | $17.03M | $19.42M | $12.51M | $7.37M | $7.56M | $6.96M | $5.74M | $6.74M | $4.56M | $16.25M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.00% | 0.82% | 0.69% | 1.00% | 1.82% | 1.65% | 1.77% | 2.30% | 1.62% | 2.87% | 0.58% |
TORM's average Quarter SG&A projection for Jun 23 is $17.97M, based on 1 Wall Street analysts, with a range of $16.05M to $19.73M. The forecast indicates a 2.08% rise compared to TRMD last annual SG&A of $17.60M (Mar 23).
TORM EPS Forecast
| Dec 27 | Sep 27 | Jun 27 | Mar 27 | Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 2 | 1 | 2 | 2 | 3 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 5 | 4 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $1.87 | $2.81 | $2.66 | $1.31 | $0.13 | $-0.10 | $-0.18 | $0.03 | $-0.29 | $-0.54 | $0.01 |
| Avg Forecast | $1.36 | $1.35 | $1.32 | $1.29 | $1.34 | $1.33 | $1.29 | $1.26 | $1.48 | $1.01 | $1.04 | $1.12 | $0.80 | $1.33 | $2.05 | $2.19 | $2.03 | $1.26 | $1.93 | $2.04 | $2.46 | $2.49 | $1.29 | $0.10 | $-0.10 | $-0.16 | $-0.13 | $-0.31 | $-0.34 | $0.14 |
| High Forecast | $1.54 | $1.53 | $1.49 | $1.45 | $1.51 | $1.50 | $1.45 | $1.42 | $1.67 | $1.14 | $1.17 | $1.26 | $0.90 | $1.50 | $2.05 | $2.20 | $2.10 | $1.27 | $2.18 | $2.30 | $2.78 | $2.49 | $1.29 | $0.10 | $-0.10 | $-0.16 | $-0.13 | $-0.31 | $-0.34 | $0.14 |
| Low Forecast | $1.18 | $1.17 | $1.14 | $1.11 | $1.15 | $1.15 | $1.11 | $1.09 | $1.27 | $0.87 | $0.89 | $0.96 | $0.69 | $1.14 | $2.05 | $2.18 | $1.97 | $1.25 | $1.67 | $1.76 | $2.12 | $2.49 | $1.29 | $0.10 | $-0.10 | $-0.16 | $-0.13 | $-0.31 | $-0.34 | $0.14 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.92% | 1.14% | 1.07% | 1.01% | 1.26% | 1.01% | 1.15% | -0.24% | 0.94% | 1.61% | 0.07% |
According to 1 Wall Street analysts, TORM's projected average Quarter EPS for Jun 23 is $1.93, with a low estimate of $1.67 and a high estimate of $2.18. This represents a 3.40% increase compared to TRMD previous annual EPS of $1.87 (Mar 23).