Investors with the goal of beating the broader market often turn to stock selection. Strategic choices in individual stocks can have a profound impact on your wealth.
The closing price of Scorpio Tankers Inc (NYSE: STNG) was $49.62 for the day, down -0.98% from the previous closing price of $50.11. In other words, the price has decreased by -$0.98 from its previous closing price. On the day, 0.67 million shares were traded. STNG stock price reached its highest trading level at $50.3727 during the session, while it also had its lowest trading level at $49.059.
Ratios:
Our analysis of STNG’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 13.13 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 3.12. 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:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Jan 17 ’25 when Lauro Filippo bought 100,000 shares for $52.82 per share.
Rayner Merrick James Forbes bought 5,000 shares of STNG for $275,725 on Jan 16 ’25. On Nov 26 ’24, another insider, Avella Christopher John, who serves as the Officer of the company, bought 24,667 shares for $51.74 each.
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 2507050496 and an Enterprise Value of 2959100416. As of this moment, Scorpio’s Price-to-Earnings (P/E) ratio for their current fiscal year is 3.55, and their Forward P/E ratio for the next fiscal year is 7.05. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.92 while its Price-to-Book (P/B) ratio in mrq is 0.88. Its current Enterprise Value per Revenue stands at 2.15 whereas that against EBITDA is 3.377.
Stock Price History:
The Beta on a monthly basis for STNG is -0.04, which has changed by -0.24156201 over the last 52 weeks, in comparison to a change of 0.208081 over the same period for the S&P500. Over the past 52 weeks, STNG has reached a high of $84.67, while it has fallen to a 52-week low of $45.43. The 50-Day Moving Average of the stock is -0.48%, while the 200-Day Moving Average is calculated to be -25.41%.
Shares Statistics:
STNG traded an average of 999.02K shares per day over the past three months and 967520 shares per day over the past ten days. A total of 50.53M shares are outstanding, with a floating share count of 49.12M. Insiders hold about 7.62% of the company’s shares, while institutions hold 66.88% stake in the company. Shares short for STNG as of 1736899200 were 2919215 with a Short Ratio of 2.92, compared to 1734048000 on 3836642. Therefore, it implies a Short% of Shares Outstanding of 2919215 and a Short% of Float of 6.140000000000001.
Dividends & Splits
With its trailing 12-month dividend rate of 1.55, STNG has a forward annual dividend rate of 1.60. Against a Trailing Annual Dividend Yield of 0.030931948The stock’s 5-year Average Dividend Yield is 2.04. The current Payout Ratio is 10.47% for STNG, which recently paid a dividend on 2024-08-15 with an ex-dividend date of 1732233600. Stock splits for the company last occurred on 2019-01-18 when the company split stock in a 1:10 ratio.
