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After finishing at $52.74 in the prior trading day, Scorpio Tankers Inc (NYSE: STNG) closed at $51.76, down -1.86%. In other words, the price has decreased by -$1.86 from its previous closing price. On the day, 0.95 million shares were traded. STNG stock price reached its highest trading level at $52.625 during the session, while it also had its lowest trading level at $51.4401.
Ratios:
Our goal is to gain a better understanding of STNG by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 13.65 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 3.24. 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:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Oct 04 ’24 when Lauro Filippo bought 250,000 shares for $72.65 per share.
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 2615173888 and an Enterprise Value of 3060309504. As of this moment, Scorpio’s Price-to-Earnings (P/E) ratio for their current fiscal year is 3.71, and their Forward P/E ratio for the next fiscal year is 5.48. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 4.12. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.99 while its Price-to-Book (P/B) ratio in mrq is 0.92. Its current Enterprise Value per Revenue stands at 2.224 whereas that against EBITDA is 3.493.
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 $52.07. The 50-Day Moving Average of the stock is -18.49%, while the 200-Day Moving Average is calculated to be -27.33%.
Shares Statistics:
The stock has traded on average 821.78K shares per day over the past 3-months and 952860 shares per day over the last 10 days, according to various share statistics. A total of 53.11M shares are outstanding, with a floating share count of 48.91M. Insiders hold about 8.02% of the company’s shares, while institutions hold 66.80% stake in the company. Shares short for STNG as of 1730332800 were 3643387 with a Short Ratio of 4.43, compared to 1727654400 on 3061627. Therefore, it implies a Short% of Shares Outstanding of 3643387 and a Short% of Float of 7.670000000000001.
Dividends & Splits
In the trailing 12 months, STNG’s forward annual dividend rate was 1.55, compared to 1.60 this year. Against a Trailing Annual Dividend Yield of 0.029389456The stock’s 5-year Average Dividend Yield is 1.94.
