Torm (TRMD) to Release Quarterly Earnings on Thursday

Torm (NASDAQ:TRMD) is expected to be announcing its Q2 2025 earnings results before the market opens on Thursday, August 14th. Analysts expect the company to announce earnings of $0.56 per share and revenue of $207.58 million for the quarter.

Torm Stock Performance

NASDAQ TRMD opened at $18.77 on Wednesday. The business’s 50-day moving average price is $18.07 and its 200 day moving average price is $17.72. Torm has a twelve month low of $13.60 and a twelve month high of $38.98. The company has a market capitalization of $1.76 billion, a PE ratio of 3.96 and a beta of 0.12. The company has a current ratio of 2.55, a quick ratio of 2.28 and a debt-to-equity ratio of 0.48.

Institutional Investors Weigh In On Torm

Several hedge funds and other institutional investors have recently bought and sold shares of the business. Cetera Investment Advisers increased its holdings in Torm by 22.4% during the 2nd quarter. Cetera Investment Advisers now owns 17,610 shares of the company’s stock worth $293,000 after purchasing an additional 3,221 shares during the last quarter. Geode Capital Management LLC increased its holdings in Torm by 0.7% during the 2nd quarter. Geode Capital Management LLC now owns 83,133 shares of the company’s stock worth $1,385,000 after purchasing an additional 611 shares during the last quarter. NewEdge Advisors LLC increased its holdings in Torm by 39.9% during the 1st quarter. NewEdge Advisors LLC now owns 16,740 shares of the company’s stock worth $276,000 after purchasing an additional 4,776 shares during the last quarter. Finally, Royal Bank of Canada increased its holdings in Torm by 1,346.6% during the 1st quarter. Royal Bank of Canada now owns 87,285 shares of the company’s stock worth $1,438,000 after purchasing an additional 81,251 shares during the last quarter. 73.89% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several equities analysts recently weighed in on TRMD shares. Pareto Securities upgraded Torm from a “hold” rating to a “buy” rating in a research report on Wednesday, May 14th. Fearnley Fonds upgraded Torm from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, May 6th. Finally, Evercore ISI reduced their target price on Torm from $25.00 to $23.00 and set an “outperform” rating on the stock in a research report on Tuesday, April 22nd. One equities research analyst has rated the stock with a sell rating, three have issued a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $27.50.

About Torm

TORM plc, a shipping company, owns and operates a fleet of product tankers in the United Kingdom. It operates in two operating segments, Tanker and Marine Exhaust. The Tanker segment transports refined oil products, such as gasoline, jet fuel, kerosene, naphtha, and gas oil, as well as dirty petroleum products, including fuel oil.