Norsk Hydro ASA (NHYDY) Stock Price, News & Analysis

Company Overview

Norsk Hydro ASA engages in the power production, bauxite extraction, alumina refining, aluminium smelting, and recycling activities; and provision of extruded solutions worldwide. It operates through Hydro Bauxite & Alumina, Hydro Aluminium Metal, Hydro Metal Markets, Hydro Extrusions, and Hydro Energy segments. The Hydro Bauxite & Alumina segment engages in bauxite mining activities, production of alumina, and related commercial activities, primarily the sale of alumina. The Hydro Aluminium Metal segment is involved in the primary aluminum production casting activities. This segment principally offers extrusion ingots, foundry alloys, and sheet and standard ingots. The Metal Markets segment sells products from the company's primary metal plants; operates recyclers; and trades in physical and financial metals. The Hydro Extrusions segment offers extrusion profiles, building systems, and precision tubing products for construction, automotive and heating, and ventilation and air conditioning sectors, as well as operates recycling facilities. The Hydro Energy segment engages in the trading and wholesale business in Brazil; energy sourcing operations; and operation of power stations in Norway, as well as renewable energy production, such as wind and solar, battery materials, and green hydrogen. Norsk Hydro ASA was founded in 1905 and is headquartered in Oslo, Norway.

Key Stats

• Today's Range: $6.42 to $6.48
• 50-Day Range: $5.33 to $6.58
• 52-Week Range: $4.95 to $6.98
• Volume: 60,983 shs
• Average Volume: 115,758 shs
• Market Capitalization: $12.98 billion
• P/E Ratio: 107.67
• Dividend Yield: 2.48%
• Price Target: N/A
• Consensus Rating: Strong Buy

Norsk Hydro ASA Stock Analysis - MarketRank™

Norsk Hydro ASA scored higher than 81% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: N/A
• Analyst Rating: N/A

Consensus Rating

There is not enough analysis data for Norsk Hydro ASA.

Earnings and Valuation

• Score: 3.8 / 5
• Proj. Earnings Growth: 72.88%

Earnings Growth

Earnings for Norsk Hydro ASA are expected to grow by 72.88% in the coming year, from $0.59 to $1.02 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Norsk Hydro ASA is 107.67, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 123.44.

Price to Earnings Ratio vs. Sector

The P/E ratio of Norsk Hydro ASA is 107.67, which means that it is trading at a more expensive P/E ratio than the Industrial Products sector average P/E ratio of about 18.06.

Price to Earnings Growth Ratio

Norsk Hydro ASA has a PEG Ratio of 0.21. PEG Ratios below 1 indicate that a company could be undervalued.

Price to Book Value per Share Ratio

Norsk Hydro ASA has a P/B Ratio of 1.28. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 5.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

0.00% of the outstanding shares of Norsk Hydro ASA have been sold short.

Short Interest Ratio / Days to Cover

Norsk Hydro ASA has a short interest ratio ("days to cover") of 0.3, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Norsk Hydro ASA has recently decreased by 24.14%, indicating that investor sentiment is improving significantly.

Dividend

• Score: 1.7 / 5
• Dividend Strength: Weak

Dividend Yield

Norsk Hydro ASA pays a meaningful dividend of 2.53%, higher than the bottom 25% of all stocks that pay dividends.

Dividend Growth

Norsk Hydro ASA does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of Norsk Hydro ASA is 266.67%. Payout ratios above 75% are not desirable because they may not be sustainable.

Dividend Sustainability

Based on earnings estimates, Norsk Hydro ASA will have a dividend payout ratio of 15.69% next year. This indicates that Norsk Hydro ASA will be able to sustain or increase its dividend.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

0.00% of the outstanding shares of Norsk Hydro ASA have been sold short.

Short Interest Ratio / Days to Cover

Norsk Hydro ASA has a short interest ratio ("days to cover") of 0.3, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Norsk Hydro ASA has recently decreased by 24.14%, indicating that investor sentiment is improving significantly.

News and Social Media

• Score: 2.8 / 5
• News Sentiment: 1.09

News Sentiment

Norsk Hydro ASA has a news sentiment score of 1.09. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.76 average news sentiment score of Industrial Products companies.

News Coverage This Week

MarketBeat has tracked 2 news articles for Norsk Hydro ASA this week, compared to 1 article on an average week.

Company Ownership

• Score: 0.0 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Norsk Hydro ASA insiders have not sold or bought any company stock.

Percentage Held by Insiders

Only 0.02% of the stock of Norsk Hydro ASA is held by insiders.

Percentage Held by Institutions

Only 0.02% of the stock of Norsk Hydro ASA is held by institutions.

NHYDY Stock Analysis - Frequently Asked Questions

How have NHYDY shares performed this year?

Norsk Hydro ASA's stock was trading at $6.68 at the beginning of 2024. Since then, NHYDY stock has decreased by 3.3% and is now trading at $6.46.
View the best growth stocks for 2024 here.

How were Norsk Hydro ASA's earnings last quarter?

Norsk Hydro ASA (OTCMKTS:NHYDY) posted its quarterly earnings results on Thursday, October, 24th. The industrial products company reported $0.14 EPS for the quarter, meeting analysts' consensus estimates of $0.14. The industrial products company earned $4.68 billion during the quarter. Norsk Hydro ASA had a trailing twelve-month return on equity of 7.03% and a net margin of 0.69%.

How do I buy shares of Norsk Hydro ASA?

Shares of NHYDY stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Company Calendar

• Last Earnings: 10/24/2024
• Today: 11/21/2024
• Fiscal Year End: 12/31/2024

Industry, Sector and Symbol

• Stock Exchange: OTCMKTS
• Sector: Industrial Products
• Industry: Primary aluminum
• Sub-Industry: Petroleum And Natural Gas
• Current Symbol: OTCMKTS:NHYDY
• Previous Symbol: NYSE:NHY
• CUSIP: N/A
• CIK: 900268
• Web: www.hydro.com
• Phone: (472) 253-8100
• Fax: 47-2253-7930
• Employees: 33,000
• Year Founded: N/A

Profitability

• EPS (Most Recent Fiscal Year): $0.06
• Trailing P/E Ratio: 107.67
• Forward P/E Ratio: 10.95
• P/E Growth: 0.21
• Net Income: $339.57 million
• Net Margins: 0.69%
• Pretax Margin: 2.90%
• Return on Equity: 7.03%
• Return on Assets: 3.67%

Debt

• Debt-to-Equity Ratio: 0.28
• Current Ratio: 1.88
• Quick Ratio: 1.28

Sales & Book Value

• Annual Sales: $18.79 billion
• Price / Sales: 0.69
• Cash Flow: $1.06 per share
• Price / Cash Flow: 6.12
• Book Value: $5.05 per share
• Price / Book: 1.28

Miscellaneous

• Outstanding Shares: 2,009,020,000
• Free Float: 2,008,614,000
• Market Cap: $12.98 billion
• Optionable: Not Optionable
• Beta: 1.54