Nordic American Tanker (NYSE: NAT) is one of 144 public companies in the “TRANSPORTATION” industry, but how does it compare to its competitors? We will compare Nordic American Tanker to similar businesses based on the strength of its institutional ownership, profitability, valuation, risk, earnings, dividends and analyst recommendations.
Institutional and Insider Ownership
28.7% of Nordic American Tanker shares are owned by institutional investors. Comparatively, 62.8% of shares of all “TRANSPORTATION” companies are owned by institutional investors. 16.7% of shares of all “TRANSPORTATION” companies are owned by insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a stock is poised for long-term growth.
Earnings & Valuation
This table compares Nordic American Tanker and its competitors revenue, earnings per share and valuation.
|Gross Revenue||Net Income||Price/Earnings Ratio|
|Nordic American Tanker||$154.68 million||-$75.50 million||-3.12|
|Nordic American Tanker Competitors||$3.23 billion||$305.22 million||19.33|
Nordic American Tanker’s competitors have higher revenue and earnings than Nordic American Tanker. Nordic American Tanker is trading at a lower price-to-earnings ratio than its competitors, indicating that it is currently more affordable than other companies in its industry.
This table compares Nordic American Tanker and its competitors’ net margins, return on equity and return on assets.
|Net Margins||Return on Equity||Return on Assets|
|Nordic American Tanker||-48.82%||-9.01%||-5.72%|
|Nordic American Tanker Competitors||0.94%||6.75%||3.13%|
Nordic American Tanker pays an annual dividend of $0.12 per share and has a dividend yield of 5.3%. Nordic American Tanker pays out -16.4% of its earnings in the form of a dividend. As a group, “TRANSPORTATION” companies pay a dividend yield of 2.2% and pay out -1,036.2% of their earnings in the form of a dividend.
Risk and Volatility
Nordic American Tanker has a beta of 0.84, meaning that its share price is 16% less volatile than the S&P 500. Comparatively, Nordic American Tanker’s competitors have a beta of 1.19, meaning that their average share price is 19% more volatile than the S&P 500.
This is a breakdown of recent ratings and recommmendations for Nordic American Tanker and its competitors, as reported by MarketBeat.com.
|Sell Ratings||Hold Ratings||Buy Ratings||Strong Buy Ratings||Rating Score|
|Nordic American Tanker||2||4||1||0||1.86|
|Nordic American Tanker Competitors||1087||3981||4807||199||2.41|
Nordic American Tanker currently has a consensus price target of $2.75, suggesting a potential upside of 20.61%. As a group, “TRANSPORTATION” companies have a potential upside of 8.16%. Given Nordic American Tanker’s higher probable upside, equities analysts plainly believe Nordic American Tanker is more favorable than its competitors.
Nordic American Tanker competitors beat Nordic American Tanker on 12 of the 14 factors compared.
About Nordic American Tanker
Nordic American Tankers Limited is an international tanker company. The Company owns approximately 26 vessels, including approximately two new buildings under construction, of approximately 156,000 deadweight tonnage (dwt) each. The Company’s Suezmaxes tankers can carry over one million barrels of oil. The vessels in the Company’s fleet are homogenous and interchangeable. The Company’s vessels are employed in the spot market. The Company’s vessels include Nordic Harrier, Nordic Hawk, Nordic Hunter, Nordic Voyager, Nordic Fighter, Nordic Freedom, Nordic Discovery, Nordic Saturn, Nordic Jupiter, Nordic Moon, Nordic Apollo, Nordic Cosmos, Nordic Sprite, Nordic Mistral, Nordic Passat, Nordic Vega, Nordic Breeze, Nordic Zenith, Nordic Sprinter, Nordic Skier and Nordic Light.
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