Analysts: less sales Euronav

Tomorrow the Belgian Euronav will report its past quarter's results. Over the current book year the total revenue will be 494,27 million euros (consensus estimates). This is slightly lower than 2017's revenue of 513,37 million euros.

Historical revenues and results Euronav plus estimates 2018

stock price

The analysts expect for 2018 a net loss of 163 million euros. The majority of the analysts expects for this year a loss per share of 87 cent. The price/earnings-ratio therefore equals -8,85.

Despite the expected loss the company will probably pay a dividend. For this year the analysts expect a dividend of 0,12 cents per share. Euronav 's dividend yield thus equals 1,56 percent. The average dividend yield of the marine transportation companies is a moderate 0,5 percent.

Most recent target prices around 8 euros

The most recent recommendations for the marine transportation company are from ING, Kepler Capital Markets and Morgan Stanley .

Based on the current number of shares Euronav 's market capitalization equals 1,22 billion euros. The Euronav stock was the past 12 months quite volatile. Since last October the stock is 11 percent higher. This year the stock price moved between 6 and 9 euro. Since 2008 the stock price is almost 31 percent lower.

On Friday the stock closed at 7,7 euros.

Historical stock prices Euronav

stock price euronav

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