Koninklijke Vopak Forecasted to Earn FY2022 Earnings of $2.42 Per Share (OTCMKTS:VOPKY)

Koninklijke Vopak (OTCMKTS:VOPKY – Get Rating) – Research analysts at Jefferies Financial Group cut their FY2022 EPS estimates for Koninklijke Vopak in a note issued to investors on Thursday, April 21st. Jefferies Financial Group analyst D. Kerstens now forecasts that the company will post earnings per share of $2.42 for the year, down from their previous forecast of $2.75. Jefferies Financial Group currently has a “Hold” rating on the stock. Jefferies Financial Group also issued estimates for Koninklijke Vopak’s FY2023 earnings at $2.81 EPS and FY2024 earnings at $2.94 EPS.

VOPKY has been the subject of a number of other reports. Zacks Investment Research downgraded shares of Koninklijke Vopak from a “hold” rating to a “strong sell” rating in a research note on Thursday, February 3rd. Morgan Stanley reduced their price target on shares of Koninklijke Vopak to €37.40 ($40.22) in a report on Monday, April 4th. One research analyst has rated the stock with a sell rating and four have issued a hold rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average price target of $37.40.

OTCMKTS:VOPKY opened at $31.38 on Friday. Koninklijke Vopak has a 52 week low of $28.17 and a 52 week high of $49.45. The company has a 50-day moving average of $32.36 and a 200-day moving average of $35.10.

The firm also recently disclosed a dividend, which will be paid on Thursday, May 12th. Stockholders of record on Monday, April 25th will be issued a dividend of $1.1027 per share. This represents a dividend yield of 3.64%. The ex-dividend date is Friday, April 22nd.

Koninklijke Vopak Company Profile (Get Rating)

Koninklijke Vopak N.V., an independent tank storage company, stores and handles liquid chemicals, gases and LNG, oil products, biofuels, and vegetable oils worldwide. It owns and operates specialized facilities, including tanks, jetties, truck loading stations, and pipelines. The company operates 73 terminals in 23 countries with a storage capacity of 36.2 million cubic meters.

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