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Why EURONAV NV (NYSE:EURN) qualifies as a high growth stock.

By Mill Chart

Last update: Sep 19, 2023

Growth investors are looking for stocks showing high revenue and EPS growth. We will have a look here to see if EURONAV NV (NYSE:EURN) is suited for growth investing. Investors should of couse do their own research, but we spotted EURONAV NV showing up in our Louis Navellier growth screen, so it may be worth spending some more time on it.

Some of the growth metrics of NYSE:EURN highlighted

  • EURONAV NV demonstrates a strong Return on Equity(ROE) of 36.44%. This indicates the company's ability to generate favorable returns for shareholders and reflects its efficient utilization of capital. EURONAV NV shows promising potential for continued success.
  • 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.
  • EURONAV NV has demonstrated strong 1-year revenue growth of 174.0%, reflecting revenue momentum and its ability to generate consistent top-line expansion. This growth underscores the company's strong market position and its potential for future success.
  • With consistent quarter-to-quarter (Q2Q) revenue growth of 162.0%, EURONAV NV exemplifies its ability to generate increased sales and revenue streams. This growth signifies the company's strong business performance and its potential for continued growth.
  • 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.
  • With positive growth in its free cash flow (FCF) over the past year, EURONAV NV showcases its ability to generate strong cash flows and maintain a solid financial position. This growth reflects the company's efficient utilization of capital and its commitment to long-term value creation.
  • EURONAV NV has shown positive momentum in its earnings per share (EPS) on a quarter-to-quarter (Q2Q) basis, with a 4.0K% increase. This reflects the company's successful execution of its business strategies and its commitment to delivering improved financial results.
  • EURONAV NV has seen a 44.37% change in the average next Quarter EPS Estimate by analysts over the last 3 months, signaling the shifting perception of the company's EPS outlook.
  • 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%.

A complete fundamental analysis of NYSE:EURN

ChartMill employs a sophisticated system to assign a Fundamental Rating to every stock in its analysis. This rating, which ranges from 0 to 10, is determined by carefully assessing multiple fundamental indicators and properties.

Overall EURN gets a fundamental rating of 6 out of 10. We evaluated EURN against 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.

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

Important Note: The content of this article is not intended as trading advice. It is essential to perform your own analysis and exercise caution when making trading decisions. The article presents observations created by automated analysis but does not guarantee any trading or investment outcomes. Always trade responsibly and make independent judgments.

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EURONAV NV

NYSE:EURN (9/20/2023, 7:04:00 PM)

Premarket: 16.6 +0.03 (+0.18%)

16.57

+0.37 (+2.28%)

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