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Why NYSE:EURN qualifies as a high growth stock.

By Mill Chart

Last update: Aug 29, 2023

In this article we will dive into EURONAV NV (NYSE:EURN) as a possible candidate for growth investing. Investors should always do their own research, but we noticed EURONAV NV showing up in our Louis Navellier growth screen, which makes it worth to investigate a bit more.

Why NYSE:EURN may be interesting for growth investors.

  • With a favorable Return on Equity (ROE) of 36.44%, EURONAV NV demonstrates its ability to deliver attractive returns for shareholders. This metric highlights the company's effective management of assets and its profitability.
  • EURONAV NV has surpassed EPS estimates 3 times in the last 4 quarters, reflecting its strong financial performance and effective management. This trend suggests the company's ability to generate positive earnings surprises and drive shareholder value.
  • The 1-year revenue growth of EURONAV NV (174.0%) has been strong, reflecting the company's ability to generate consistent sales growth. This growth suggests the company's ability to meet customer needs and expand its market share.
  • The recent q2q revenue growth of 162.0% of EURONAV NV showcases the company's ability to generate increasing revenue in a short period, reflecting its positive growth trajectory.
  • With positive growth in its operating margin over the past year, EURONAV NV showcases its ability to improve profitability through effective cost control and operational efficiency. This growth underscores the company's commitment to enhancing its financial performance.
  • EURONAV NV has experienced notable growth in its free cash flow (FCF) over the past year, signaling improved cash generation and strong financial performance. This growth suggests the company's ability to generate excess cash for reinvestment or shareholder returns.
  • In the most recent financial report, EURONAV NV reported a 4.0K% increase in quarterly earnings compared to the previous quarter. This notable growth indicates positive momentum in the company's financials, suggesting an upward trend
  • The average next Quarter EPS Estimate by analysts was adjusted by 46.18%, reflecting the evolving market expectations for the company's EPS growth.
  • The quarterly earnings of EURONAV NV have shown a 4.0K% increase compared to the previous quarter, as revealed in the recent financial report. This growth signifies positive momentum in the company's financials, pointing towards a promising upward trend
  • accelerating EPS growth for EURONAV NV: the current Q2Q growth of 4.0K% exceeds the previous year Q2Q growth of 95.45%.

Zooming in on the fundamentals.

ChartMill assigns a proprietary Fundamental Rating to each stock. The score is computed daily by evaluating various fundamental indicators and properties. The score ranges from 0 to 10.

Taking everything into account, EURN scores 6 out of 10 in our fundamental rating. EURN was compared to 217 industry peers in the Oil, Gas & Consumable Fuels industry. EURN has an average financial health and profitability rating. An interesting combination arises when we look at growth and value: EURN is growing strongly while it also seems undervalued. With these ratings, EURN could be worth investigating further for value and growth investing!.

For an up to date full fundamental analysis you can check the fundamental report of EURN

Our Lois Navellier screen will find you more ideas suited for growth investing.

Disclaimer

This article should in no way be interpreted as advice in any way. The article is based on the observed metrics at the time of writing, but you should always make your own analysis and trade or invest at your own responsibility.

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