The pursuit of market outperformance leads investors to the practice of hand-picking stocks. Skillful choices can be a catalyst for significant wealth enhancement.
In the latest session, Scorpio Tankers Inc (NYSE: STNG) closed at $46.47 down -2.62% from its previous closing price of $47.72. In other words, the price has decreased by -$2.62 from its previous closing price. On the day, 0.97 million shares were traded. STNG stock price reached its highest trading level at $47.875 during the session, while it also had its lowest trading level at $45.44.
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 12.29 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 2.92. 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 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 2347896832 and an Enterprise Value of 2810124544. As of this moment, Scorpio’s Price-to-Earnings (P/E) ratio for their current fiscal year is 3.33, and their Forward P/E ratio for the next fiscal year is 6.13. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.80 while its Price-to-Book (P/B) ratio in mrq is 0.83. Its current Enterprise Value per Revenue stands at 2.042 whereas that against EBITDA is 3.207.
Stock Price History:
The Beta on a monthly basis for STNG is 0.06, which has changed by -0.34318024 over the last 52 weeks, in comparison to a change of 0.23809385 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 $45.94. The 50-Day Moving Average of the stock is -8.69%, while the 200-Day Moving Average is calculated to be -31.07%.
Shares Statistics:
For the past three months, STNG has traded an average of 1.02M shares per day and 1258810 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 67.17% stake in the company. Shares short for STNG as of 1735603200 were 3234768 with a Short Ratio of 3.16, compared to 1732838400 on 3211874. Therefore, it implies a Short% of Shares Outstanding of 3234768 and a Short% of Float of 6.81.
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 0.032481138The stock’s 5-year Average Dividend Yield is 2.01. 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.
