EURN Not Looking Too Good, Is There Something I'm Missing?
I found this stock while looking for those with a Piotroski F-Score greater than 7. The F-Score (which uses a scale of 1-9) is a good at-a-glance indicator for how good a company is doing financially, and EURN had a score of 9! In spite of that, I don't share the same sentiment that this is a good buy, and TradingView seems to agree as it shows a "Sell" signal for the stock. The current Trailing P/E ratio for the sector is around 40, and EURN's is 3.55! The company might be loading up on some new tankers, but will they come quickly enough? They've undershot their past 3 earnings estimates, and we'll have to wait until next week to see if they miss their targets this quarter also. Am I missing something with regards to this stock?
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