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In the latest session, Scorpio Tankers Inc (NYSE: STNG) closed at $47.90 down -2.17% from its previous closing price of $48.96. In other words, the price has decreased by -$2.17 from its previous closing price. On the day, 0.61 million shares were traded. STNG stock price reached its highest trading level at $49.25 during the session, while it also had its lowest trading level at $47.8006.
Ratios:
For a deeper understanding of Scorpio Tankers Inc’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 12.67 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 3.01. For the most recent quarter (mrq), Quick Ratio is recorded 2.18 and its Current Ratio is at 2.21. In the meantime, Its Debt-to-Equity ratio is 0.32 whereas as Long-Term Debt/Eq ratio is at 0.27.
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, Stifel on October 23, 2024, Downgraded its rating to Hold and sets its target price to $65 from $90 previously.
On July 21, 2023, BofA Securities Downgraded its rating to Neutral which previously was Buy and also lowered its target price recommendation from $60 to $45.
Deutsche Bank Upgraded its Hold to Buy on June 30, 2023, while the target price for the stock was maintained at $55.
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 Nov 26 ’24 when Avella Christopher John bought 24,667 shares for $51.74 per share.
Lauro Filippo bought 250,000 shares of STNG for $18,162,500 on Oct 04 ’24.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, STNG now has a Market Capitalization of 2420147456 and an Enterprise Value of 2877754880. As of this moment, Scorpio’s Price-to-Earnings (P/E) ratio for their current fiscal year is 3.43, and their Forward P/E ratio for the next fiscal year is 5.08. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 3.81. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.85 while its Price-to-Book (P/B) ratio in mrq is 0.85. Its current Enterprise Value per Revenue stands at 2.091 whereas that against EBITDA is 3.284.
Stock Price History:
Over the past 52 weeks, STNG has reached a high of $84.67, while it has fallen to a 52-week low of $47.96. The 50-Day Moving Average of the stock is -18.83%, while the 200-Day Moving Average is calculated to be -31.82%.
Shares Statistics:
For the past three months, STNG has traded an average of 833.70K shares per day and 779730 over the past ten days. A total of 50.53M shares are outstanding, with a floating share count of 48.91M. Insiders hold about 8.02% of the company’s shares, while institutions hold 66.82% stake in the company. Shares short for STNG as of 1732838400 were 3211874 with a Short Ratio of 3.85, compared to 1730332800 on 3643387. Therefore, it implies a Short% of Shares Outstanding of 3211874 and a Short% of Float of 6.760000400000001.
Dividends & Splits
According to the company, the forward annual dividend rate for STNG is 1.60, from 1.55 in the trailing year. Against a Trailing Annual Dividend Yield of 0.031658497The stock’s 5-year Average Dividend Yield is 1.98.
