REACH SUBSEA ASA (REACH.OL) Stock Price, Forecast & Analysis
Europe - OSL:REACH - NO0003117202 - Common Stock
REACH.OL Key Statistics, Chart & Performance
The current stock price of REACH.OL is 7.04 NOK. In the past month the price decreased by -4.13%. In the past year, price decreased by -20.91%.
REACH.OL Competitors/Peers
Symbol | Company Name | TA | FA | PE | Market Cap |
|---|---|---|---|---|---|
| TE.PA | TECHNIP ENERGIES NV | 16.41 | 6.41B | ||
| SPM.MI | SAIPEM SPA | 14.56 | 4.65B | ||
| SBMO.AS | SBM OFFSHORE NV | 12.85 | 3.99B | ||
| VK.PA | VALLOUREC SA | 23.58 | 3.87B | ||
| YRM.MI | ROSETTI MARINO SPA | 36.2 | 1.28B | ||
| VIRI.PA | VIRIDIEN | N/A | 870.93M |
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About REACH.OL
Company Profile
Reach Subsea ASA is a holding company, which engages in the provision of subsea services as a sub-contractor and directly to end clients. The company is headquartered in Haugesund, Rogaland and currently employs 460 full-time employees. The company offers subsea services as subcontractor directly to end customers. The Company’s business is based on Remotely Operated Underwater Vehicles (ROV) operated by offshore personnel and supported by onshore project management and engineering resources. Reach Subsea operates through two segments: the Oil & Gas segment, that is engaged in surveying, Inspection, Maintenance and Repair (IMR) and light construction projects for oil & gas companies while the Renewable/Other segment provides those services to non-oil & gas companies. The Company’s services include also geophysical monitoring services, environmental monitoring services as well as in-house engineering. Reach Subsea ASA has several subsidiaries, such as Reach Subsea AS, Connect Offshore AS and Reach International AS.
Company Info
REACH SUBSEA ASA
Garpeskjaervegen 2
Haugesund ROGALAND NO
Employees: 500
Phone: 4740007710
REACH SUBSEA ASA / REACH.OL FAQ
What does REACH SUBSEA ASA do?
Reach Subsea ASA is a holding company, which engages in the provision of subsea services as a sub-contractor and directly to end clients. The company is headquartered in Haugesund, Rogaland and currently employs 460 full-time employees. The company offers subsea services as subcontractor directly to end customers. The Company’s business is based on Remotely Operated Underwater Vehicles (ROV) operated by offshore personnel and supported by onshore project management and engineering resources. Reach Subsea operates through two segments: the Oil & Gas segment, that is engaged in surveying, Inspection, Maintenance and Repair (IMR) and light construction projects for oil & gas companies while the Renewable/Other segment provides those services to non-oil & gas companies. The Company’s services include also geophysical monitoring services, environmental monitoring services as well as in-house engineering. Reach Subsea ASA has several subsidiaries, such as Reach Subsea AS, Connect Offshore AS and Reach International AS.
What is the stock price of REACH SUBSEA ASA today?
The current stock price of REACH.OL is 7.04 NOK. The price increased by 1.15% in the last trading session.
What is the dividend status of REACH SUBSEA ASA?
REACH SUBSEA ASA (REACH.OL) has a dividend yield of 6.31%. The yearly dividend amount is currently 0.35.
What is the ChartMill rating of REACH SUBSEA ASA stock?
REACH.OL has a ChartMill Technical rating of 1 out of 10 and a ChartMill Fundamental rating of 6 out of 10.
Can you provide the growth outlook for REACH SUBSEA ASA?
The Revenue of REACH SUBSEA ASA (REACH.OL) is expected to grow by 15.83% in the next year. Check the estimates tab for more information on the EPS, Sales, EBIT and EBITDA future analyst estimates.
Can you provide the market cap for REACH SUBSEA ASA?
REACH SUBSEA ASA (REACH.OL) has a market capitalization of 2.30B NOK. This makes REACH.OL a Mid Cap stock.
REACH.OL Technical Analysis
ChartMill assigns a technical rating of 1 / 10 to REACH.OL. When comparing the yearly performance of all stocks, REACH.OL is a bad performer in the overall market: 87.72% of all stocks are doing better.
REACH.OL Fundamental Analysis
ChartMill assigns a fundamental rating of 6 / 10 to REACH.OL. REACH.OL has an average financial health and profitability rating.
REACH.OL Financial Highlights
Over the last trailing twelve months REACH.OL reported a non-GAAP Earnings per Share(EPS) of 0.76.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PM (TTM) | 8.29% | ||
| ROA | 7.7% | ||
| ROE | 19.56% | ||
| Debt/Equity | 0.53 |
REACH.OL Forecast & Estimates
9 analysts have analysed REACH.OL and the average price target is 8.67 NOK. This implies a price increase of 23.15% is expected in the next year compared to the current price of 7.04.
For the next year, analysts expect an EPS growth of 23.9% and a revenue growth 15.83% for REACH.OL