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Scorpio Tankers (STNG)
NYSE:STNG
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STNG Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$47.88 - $84.67
Previous Close$71.65
Volume672.89K
Average Volume (3M)781.02K
Market Cap
$3.91B
Enterprise Value$4.71B
Total Cash (Recent Filing)$355.55M
Total Debt (Recent Filing)$1.16B
Price to Earnings (P/E)5.6
Beta-0.24
Next Earnings
Nov 07, 2024EPS Estimate
$2.34Last Dividend Ex-Date
Aug 15, 2024Dividend Yield2.16%
Share Statistics
EPS (TTM)12.73
Shares Outstanding53,107,765
10 Day Avg. Volume650,229
30 Day Avg. Volume781,019
Standard Deviation0.15
R-Squared0.00293
Alpha0.03
Financial Highlights & Ratios
Price to Book (P/B)1.49
Price to Sales (P/S)2.84
Price to Cash Flow (P/CF)N/A
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/Revenue5.27
Enterprise Value/Gross Profit5.82
Enterprise Value/Ebitda7.34
Forecast
1Y Price Target
$89.86Price Target Upside25.42% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering7
Scorpio Tankers News
PremiumCompany Announcements
Scorpio Tankers Optimizes Fleet with Vessel Sale
PremiumCompany Announcements
Scorpio Tankers’ President Invests in Future
PremiumCompany Announcements
Scorpio Tankers Advances Share Buyback ProgramBulls Say, Bears Say
Bulls Say
Debt ManagementScorpio Tankers' significant reduction in outstanding debt underscores the company's commitment to financial stability and shareholder value.
Financial PerformanceScorpio Tankers' engagement with industry experts like Rystad Energy may reflect positively on the company's strategic market positioning.
Market DynamicsSurging product tanker rates, propelled by Red Sea disruptions, suggest a tightening market with growing demand for Scorpio Tankers' services.
Bears Say
EarningsScorpio Tankers posted adjusted earnings per share of $2.75, marking a 35% decrease year-over-year, which missed analysts' estimates.
Industry SupplyThe product tanker orderbook ratio has risen to 12%, a significant increase from the previous year's low of 6%.
Strategic Focus And Market OutlookThe company is shifting focus to charter-out contracts amid high rates but faces limited long-term charter opportunities due to an uncertain demand outlook.
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Ownership Overview
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Insiders
1496.55% Mutual Funds
2069.43% Other Institutional Investors
5485.94% Public Companies and Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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STNG FAQ
What was Scorpio Tankers’s price range in the past 12 months?
Scorpio Tankers lowest stock price was $47.88 and its highest was $84.67 in the past 12 months.
What is Scorpio Tankers’s market cap?
Currently, no data Available
When is Scorpio Tankers’s upcoming earnings report date?
Scorpio Tankers’s upcoming earnings report date is Nov 07, 2024 which is in 19 days.
How were Scorpio Tankers’s earnings last quarter?
Scorpio Tankers released its earnings results on Jul 30, 2024. The company reported $3.6 earnings per share for the quarter, beating the consensus estimate of $3.521 by $0.079.
Is Scorpio Tankers overvalued?
According to Wall Street analysts Scorpio Tankers’s price is currently Undervalued.
Does Scorpio Tankers pay dividends?
Scorpio Tankers pays a Quarterly dividend of $0.4 which represents an annual dividend yield of 2.16%. See more information on Scorpio Tankers dividends here
What is Scorpio Tankers’s EPS estimate?
Scorpio Tankers’s EPS estimate is $2.34.
How many shares outstanding does Scorpio Tankers have?
Scorpio Tankers has 54,575,565 shares outstanding.
What happened to Scorpio Tankers’s price movement after its last earnings report?
Scorpio Tankers reported an EPS of $3.6 in its last earnings report, beating expectations of $3.521. Following the earnings report the stock price went up 3.213%.
Which hedge fund is a major shareholder of Scorpio Tankers?
Among the largest hedge funds holding Scorpio Tankers’s share is Platinum Investment Management. It holds Scorpio Tankers’s shares valued at 36M.
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Scorpio Tankers Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Moderate Buy
Average Price Target:
$89.86 (25.42% Upside)
$89.86 (25.42% Upside)
Blogger Sentiment
Bullish
STNG Sentiment 100%
Sector Average 72%
Sector Average 72%
Hedge Fund Trend
Increased
By 75.7K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Positive
Last 7 Days ▼ 0.7%
Last 30 Days ▲ 8.0%
Last 30 Days ▲ 8.0%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Negative
20 days / 200 days
Momentum
34.41%
12-Months-Change
Fundamentals
Return on Equity
24.77%
Trailing 12-Months
Asset Growth
-7.43%
Trailing 12-Months
Company Description
Scorpio Tankers
Scorpio Tankers, Inc. engages in the provision of marine transportation of petroleum products. It operates through the following segments: Handymax, MR, LR1/Panamax, and LR2/Aframax. The company was founded by Emanuele A. Lauro on July 1, 2009 and is headquartered in Monaco.
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STNG Company Deck
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STNG Earnings Call
Q2 2024
0:00 / 0:00
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STNG Stock 12 Month Forecast
Average Price Target
$89.86
▲(25.42% Upside)
Technical Analysis
Best Analysts Covering STNG
1 Year
1 Year Success Rate
16/19 ratings generated profit
1 Year Average Return
+54.34%
reiterated a buy rating 3 months ago
Copying Jonathan Chappell's trades and holding each position for 1 Year would result in 84.21% of your transactions generating a profit, with an average return of +54.34% per trade.
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