With 2.54 million shares changed hands, the volume of the stock remained lighter than its average volume of 2.88 million shares. The 52-week range on NAT shows that it touched its highest point at $4.40 and its lowest point at $2.13 during that stretch. It currently has a 1-year price target of $3.36. With its current market cap of 559.03 million, NAT has annualized dividend of $0.34 while the current yield stands at 12.88%. Beta for the stock currently stands at -0.22.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of NAT was down-trending over the past week, with a drop of -0.38%, but this was up by 4.35% over a month. Three-month performance dropped to -2.22% while six-month performance fell -19.27%. The stock lost -36.39% in the past year, while it has gained 5.60% so far this year. A look at the trailing 12-month EPS for NAT yields 0.22 with Next year EPS estimates of 0.35. For the next quarter, that number is 0.01. This implies an EPS growth rate of 35.45% for this year and 18.79% for next year.
Float and Shares Shorts:
At present, 211.75 million NAT shares are outstanding with a float of 205.36 million shares on hand for trading.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for NAT since 2 analysts follow the stock currently. There are 2 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 0 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of $0.2937 being high and $0.27429 being low. For NAT, this leads to a yearly average estimate of $0.284.