CMBT Stock Earnings Euronav Beats EPS, Beats Revenue for Q2 2024
| CMBT Stock | 11.22 0.20 1.81% |
Slightly above 51% of Euronav NV's private investors are presently thinking to get in. The current sentiment of investing in Euronav NV suggests that some traders are interested. Euronav NV's investing sentiment can be driven by a variety of factors including economic data, Euronav NV's earnings reports, geopolitical events, and overall market trends.
Euronav |
CMBT stock results show that Euronav beat analyst estimates for earnings per share and beat on revenue for the second quarter of 2024.
Read at investorplace.com
 |
Euronav NV Fundamental Analysis
We analyze Euronav NV's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Euronav NV using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Euronav NV based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Shares Owned By Institutions
Shares Owned By Institutions Comparative Analysis
Euronav NV is currently under evaluation in shares owned by institutions category among its peers. Shares Owned by Institutions show the percentage of the outstanding shares of stock issued by a company that is currently owned by other institutions such as asset management firms, hedge funds, or investment banks. Many investors like investing in companies with a large percentage of the firm owned by institutions because they believe that larger firms such as banks, pension funds, and mutual funds, will invest when they think that good things are going to happen.
Euronav NV Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Euronav NV stock to make a market-neutral strategy. Peer analysis of Euronav NV could also be used in its relative valuation, which is a method of valuing Euronav NV by comparing valuation metrics with similar companies.
Peers
Euronav NV Related Equities
| PAA | Plains All | 3.21 | ||||
| PAGP | Plains GP | 2.82 | ||||
| MPLX | MPLX LP | 2.24 | ||||
| HESM | Hess Midstream | 1.58 | ||||
| AM | Antero Midstream | 1.40 |
Additional Tools for Euronav Stock Analysis
When running Euronav NV's price analysis, check to measure Euronav NV's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Euronav NV is operating at the current time. Most of Euronav NV's value examination focuses on studying past and present price action to predict the probability of Euronav NV's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Euronav NV's price. Additionally, you may evaluate how the addition of Euronav NV to your portfolios can decrease your overall portfolio volatility.