Teekay Tankers Stock Analysis

Teekay Stock Analysis Notes

About 17.0% of the company outstanding shares are owned by corporate insiders. The company has price-to-book ratio of 1.29. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. Teekay Tankers recorded earning per share (EPS) of 13.98. The entity last dividend was issued on the 20th of May 2024. The firm had 1:8 split on the 25th of November 2019. Teekay Tankers Ltd. provides marine transportation services to oil industries in Bermuda and internationally. Teekay Tankers Ltd. was incorporated in 2007 and is headquartered in Hamilton, Canada. Teekay Tankers operates under Oil Gas Midstream classification in the United States and is traded on New York Stock Exchange. It employs 1900 people. To find out more about Teekay Tankers contact Kevin Mackay at 441 298 2530 or learn more at https://www.teekay.com/business/tankers.

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Teekay Tankers Environmental, Social, and Governance (ESG) Scores

Teekay Stock Institutional Investors

Note, although Teekay Tankers' institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

Teekay Market Capitalization

The company currently falls under 'Mid-Cap' category with a total capitalization of 2.46 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Teekay Tankers's market, we take the total number of its shares issued and multiply it by Teekay Tankers's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.

Teekay Profitablity

The company has Net Profit Margin of 0.37 %, which implies that it may need a different competitive strategy as even a very small decline in it revenue may erase profits and result in a net loss. This is way below average. In the same way, it shows Net Operating Margin of 0.38 %, which entails that for every 100 dollars of revenue, it generated $0.38 of operating income.

Management Efficiency

Teekay Tankers has Return on Asset of 0.1599 % which means that on every $100 spent on assets, it made $0.1599 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.3367 %, implying that it generated $0.3367 on every 100 dollars invested. Teekay Tankers' management efficiency ratios could be used to measure how well Teekay Tankers manages its routine affairs as well as how well it operates its assets and liabilities. Return On Tangible Assets is expected to rise to 0.29 this year. Return On Capital Employed is expected to rise to 0.32 this year. At this time, Teekay Tankers' Total Current Liabilities is quite stable compared to the past year. Change To Liabilities is expected to rise to 0.00 this year, although the value of Liabilities And Stockholders Equity will most likely fall to about 1.5 B.

Technical Drivers

As of the 23rd of May, Teekay Tankers has the Risk Adjusted Performance of 0.105, semi deviation of 1.44, and Coefficient Of Variation of 589.0. In relation to fundamental indicators, the technical analysis model makes it possible for you to check existing technical drivers of Teekay Tankers, as well as the relationship between them. In other words, you can use this information to find out if the company will indeed mirror its model of past prices and volume data, or the prices will eventually revert. We were able to interpolate nineteen technical drivers for Teekay Tankers, which can be compared to its competition. Please validate Teekay Tankers information ratio, as well as the relationship between the potential upside and kurtosis to decide if Teekay Tankers is priced more or less accurately, providing market reflects its prevalent price of 71.02 per share. Given that Teekay Tankers has jensen alpha of 0.3313, we advise you to double-check Teekay Tankers's current market performance to make sure the company can sustain itself at a future point.

Teekay Tankers Price Movement Analysis

Teekay Tankers Predictive Daily Indicators

Teekay Tankers Corporate Filings

Teekay Tankers Forecast Models

Teekay Tankers' time-series forecasting models are one of many Teekay Tankers' stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Teekay Tankers' historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

Stock analysis is the technique used by a trader or investor to examine and evaluate how Teekay Tankers prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Teekay shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Stock such as Teekay Tankers. By using and applying Teekay Stock analysis, traders can create a robust methodology for identifying Teekay entry and exit points for their positions.

We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. Teekay analyst recommendations are determined by taking all analyst recommendations and averaging them as Strong Buy, Buy, Hold, Strong Sell or Sell. There is no one specific way to measure analysis performance other than comparing it to the past results via a very sophisticated attribution analysis. Teekay analyst consensus and target price projections should be used in combination with other traditional techniques such as stock price forecasting, technical analysis, earnings estimate, and various momentum models.

Teekay Tankers stock analysis indicators help investors evaluate how Teekay Tankers stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing and determine when trading Teekay Tankers shares will generate the highest return on investment. By understating and applying Teekay Tankers stock analysis, traders can identify Teekay Tankers position entry and exit signals to maximize returns.

Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Teekay Tankers. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. For more information on how to buy Teekay Stock please use our How to buy in Teekay Stock guide.You can also try the Competition Analyzer module to analyze and compare many basic indicators for a group of related or unrelated entities.

When running Teekay Tankers' price analysis, check to measure Teekay Tankers' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Teekay Tankers is operating at the current time. Most of Teekay Tankers' value examination focuses on studying past and present price action to predict the probability of Teekay Tankers' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Teekay Tankers' price. Additionally, you may evaluate how the addition of Teekay Tankers to your portfolios can decrease your overall portfolio volatility.

Is Teekay Tankers' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Teekay Tankers. If investors know Teekay will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Teekay Tankers listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

The market value of Teekay Tankers is measured differently than its book value, which is the value of Teekay that is recorded on the company's balance sheet. Investors also form their own opinion of Teekay Tankers' value that differs from its market value or its book value, called intrinsic value, which is Teekay Tankers' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Teekay Tankers' market value can be influenced by many factors that don't directly affect Teekay Tankers' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.

Please note, there is a significant difference between Teekay Tankers' value and its price as these two are different measures arrived at by different means. Investors typically determine if Teekay Tankers is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Teekay Tankers' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.