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.
In the latest session, Scorpio Tankers Inc (NYSE: STNG) closed at $40.93 up 1.19% from its previous closing price of $40.45. In other words, the price has increased by $1.19 from its previous closing price. On the day, 2.33 million shares were traded.
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 5.13 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 2.84. For the most recent quarter (mrq), Quick Ratio is recorded 2.39 and its Current Ratio is at 2.43. In the meantime, Its Debt-to-Equity ratio is 0.30 whereas as Long-Term Debt/Eq ratio is at 0.25.
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 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:
As of this moment, Scorpio’s Price-to-Earnings (P/E) ratio for their current fiscal year is 3.14, and their Forward P/E ratio for the next fiscal year is 6.79. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.68 while its Price-to-Book (P/B) ratio in mrq is 0.71.
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 $30.63. The 50-Day Moving Average of the stock is 3.19%, while the 200-Day Moving Average is calculated to be -16.57%.
Shares Statistics:
A total of 49.92M shares are outstanding, with a floating share count of 44.27M. Insiders hold about 13.23% of the company’s shares, while institutions hold 72.19% stake in the company.