Torm (TRMD) to Release Quarterly Earnings on Thursday

Torm (NASDAQ:TRMD) is expected to announce 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 Up 1.2%

TRMD stock opened at $18.77 on Wednesday. The company has a current ratio of 2.55, a quick ratio of 2.28 and a debt-to-equity ratio of 0.48. The firm has a market capitalization of $1.76 billion, a PE ratio of 3.96 and a beta of 0.12. Torm has a 1-year low of $13.60 and a 1-year high of $38.98. The business’s 50 day simple moving average is $18.07 and its 200 day simple moving average is $17.72.

Wall Street Analyst Weigh In

TRMD has been the topic of a number of recent analyst reports. Fearnley Fonds raised Torm from a “hold” rating to a “strong-buy” rating in a report on Tuesday, May 6th. Evercore ISI lowered their price target on Torm from $25.00 to $23.00 and set an “outperform” rating for the company in a report on Tuesday, April 22nd. Finally, Pareto Securities raised Torm from a “hold” rating to a “buy” rating in a report on Wednesday, May 14th. One analyst has rated the stock with a sell rating, three have issued a buy rating and one has assigned a strong buy rating to the company’s stock. Based on data from MarketBeat, Torm currently has a consensus rating of “Moderate Buy” and an average target price of $27.50.

Institutional Investors Weigh In On Torm

Several large investors have recently added to or reduced their stakes in the business. 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 valued at $276,000 after purchasing an additional 4,776 shares during the period. Cetera Investment Advisers grew its stake in shares of Torm by 22.4% in the 2nd quarter. Cetera Investment Advisers now owns 17,610 shares of the company’s stock worth $293,000 after buying an additional 3,221 shares during the last quarter. Geode Capital Management LLC lifted its position in Torm by 0.7% in the 2nd quarter. Geode Capital Management LLC now owns 83,133 shares of the company’s stock valued at $1,385,000 after acquiring an additional 611 shares in the last quarter. Finally, Royal Bank of Canada lifted its holdings in shares of Torm by 1,346.6% during the 1st quarter. Royal Bank of Canada now owns 87,285 shares of the company’s stock valued at $1,438,000 after buying an additional 81,251 shares during the period. Institutional investors own 73.89% of the company’s stock.

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.