Teekay Tankers is an oil & gas midstream business based in the US. Teekay Tankers shares (TNK) are listed on the NYSE and all prices are listed in US Dollars. Teekay Tankers employs 1,590 staff and has a trailing 12-month revenue of around $1.3 billion.
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| Latest market close | $62.86 |
|---|---|
| 52-week range | $36.74 - $74.20 |
| 50-day moving average | $68.75 |
| 200-day moving average | $58.07 |
| Wall St. target price | $81.17 |
| PE ratio | 4.4392 |
| Dividend yield | $1 (1.59%) |
| Earnings per share (TTM) | $14.14 |
The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.
This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.
Historical closes compared with the close of $62.86 from 2024-07-25
| 1 week (2024-07-19) | 0.14% |
|---|---|
| 1 month (2024-06-27) | -10.94% |
| 3 months (2024-04-26) | 7.16% |
| 6 months (2024-01-26) | 3.90% |
| 1 year (2023-07-27) | 53.17% |
|---|---|
| 2 years (2022-07-27) | 194.56% |
| 3 years (2021-07-27) | 416.94% |
| 5 years (2019-07-26) | 528.60% |
Valuing Teekay Tankers stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Teekay Tankers's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
Teekay Tankers's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 4x. In other words, Teekay Tankers shares trade at around 4x recent earnings.
That's relatively low compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued.
Teekay Tankers's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 31.59. A low ratio can be interpreted as meaning the shares offer better value, while a higher ratio can be interpreted as meaning the shares offer worse value.
The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into Teekay Tankers's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.
Teekay Tankers's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $543 million.
The EBITDA is a measure of a Teekay Tankers's overall financial performance and is widely used to measure a its profitability.
| Revenue TTM | $1.3 billion |
|---|---|
| Operating margin TTM | 37.73% |
| Gross profit TTM | $389.7 million |
| Return on assets TTM | 15.99% |
| Return on equity TTM | 33.67% |
| Profit margin | 37.39% |
| Book value | $48.61 |
| Market Capitalization | $2.2 billion |
TTM: trailing 12 months
Dividend payout ratio: 7.31% of net profits
Recently Teekay Tankers has paid out, on average, around 7.31% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 1.59% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Teekay Tankers shareholders could enjoy a 1.59% return on their shares, in the form of dividend payments. In Teekay Tankers's case, that would currently equate to about $1 per share.
While Teekay Tankers's payout ratio might seem low, this can signify that Teekay Tankers is investing more in its future growth.
Teekay Tankers's most recent dividend payout was on 30 May 2024. The latest dividend was paid out to all shareholders who bought their shares by 19 May 2024 (the "ex-dividend date").
Teekay Tankers's shares were split on a 1:8 basis on 24 November 2019. So if you had owned 8 shares the day before before the split, the next day you'd have owned 1 share. This wouldn't directly have changed the overall worth of your Teekay Tankers shares – just the quantity. However, indirectly, the new 700% higher share price could have impacted the market appetite for Teekay Tankers shares which in turn could have impacted Teekay Tankers's share price.
Over the last 12 months, Teekay Tankers's shares have ranged in value from as little as $36.7353 up to $74.2. A popular way to gauge a stock's volatility is its "beta".
Beta is a measure of a share's volatility in relation to the market. The market (NYSE average) beta is 1, while Teekay Tankers's is -0.293. This would suggest that Teekay Tankers's shares have been inversely-correlated to the average (for this exchange) – so when the broader market trended up or down, Teekay Tankers has bucked the trend.
Teekay Tankers Ltd. provides crude oil and other marine transportation services to oil industries in Bermuda and internationally. The company offers voyage and time charter services; offshore ship-to-ship transfer services of commodities primarily crude oil and refined oil products; and tanker commercial and technical management services. It also engages management of vessels, procurement, and equipment rental businesses. Teekay Tankers Ltd. was incorporated in 2007 and is headquartered in Hamilton, Bermuda. .
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