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In the latest session, Teekay Tankers Ltd (NYSE: TNK) closed at $43.37 down -1.97% from its previous closing price of $44.24. In other words, the price has decreased by -$1.97% from its previous closing price. On the day, 0.67 million shares were traded. TNK stock price reached its highest trading level at $43.94 during the session, while it also had its lowest trading level at $42.245.
Ratios:
For a deeper understanding of Teekay Tankers Ltd’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 1.86 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 4.07. For the most recent quarter (mrq), Quick Ratio is recorded 7.72 and its Current Ratio is at 8.05. In the meantime, Its Debt-to-Equity ratio is 0.03 whereas as Long-Term Debt/Eq ratio is at 0.01.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, BofA Securities on November 13, 2024, Downgraded its rating to Underperform and sets its target price to $46 from $51 previously.
BofA Securities Upgraded its Neutral to Buy on January 19, 2024, whereas the target price for the stock was revised from $56 to $72.
Insider Transactions:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Feb 26 ’25 when DU MOULIN RICHARD T bought 6,347 shares for $40.16 per share.
Antturi Peter bought 1,501 shares of TNK for $60,430 on Feb 24 ’25. On Dec 23 ’24, another insider, DAVID ALFRED SCHELLENBERG, who serves as the Director of the company, bought 6,000 shares for $38.70 each.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, TNK now has a Market Capitalization of 1495887616 and an Enterprise Value of 851875456. As of this moment, Teekay’s Price-to-Earnings (P/E) ratio for their current fiscal year is 4.65, and their Forward P/E ratio for the next fiscal year is 6.14. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.26 while its Price-to-Book (P/B) ratio in mrq is 0.82. Its current Enterprise Value per Revenue stands at 0.78 whereas that against EBITDA is 2.652.
Stock Price History:
The Beta on a monthly basis for TNK is -0.03, which has changed by -0.38932693 over the last 52 weeks, in comparison to a change of 0.11213791 over the same period for the S&P500. Over the past 52 weeks, TNK has reached a high of $70.76, while it has fallen to a 52-week low of $32.64. The 50-Day Moving Average of the stock is 0.16%, while the 200-Day Moving Average is calculated to be -0.44%.
Shares Statistics:
For the past three months, TNK has traded an average of 557.00K shares per day and 662750 over the past ten days. A total of 29.76M shares are outstanding, with a floating share count of 23.79M. Shares short for TNK as of 1748563200 were 750664 with a Short Ratio of 1.35, compared to 1745971200 on 962733. Therefore, it implies a Short% of Shares Outstanding of 750664 and a Short% of Float of 3.1600002000000003.
Dividends & Splits
According to the company, the forward annual dividend rate for TNK is 0.98, from 3.0 in the trailing year. Against a Trailing Annual Dividend Yield of 0.06781193The stock’s 5-year Average Dividend Yield is 6.34.
