Scorpio Tankers Inc (NYSE:STNG) shares traded -0.5% down during most recent session to reach at the closing price of $2.01. The stock exchanged hands 5.14 Million shares versus average trading capacity of 6.67 Million shares, yielding a market cap of $960.88 Million. Wall Street analysts covering the stock are projecting that the stock will reach $3.19 within the next 52-weeks. The mean target projections are based on 13 opinions.
Taking a broader look brokerage firms’ analysts on the street with an expectant view have Scorpio Tankers Inc (NYSE:STNG) high price target of $5 and with a conservative view have low price target of $2.2.
BTIG Research “Initiates Coverage On” Scorpio Tankers Inc (NYSE:STNG) in a research note issued to investors on 9/27/18 to Buy with price target of $3.
Additionally on 8/01/18 Bank of America “Maintained” Scorpio Tankers Inc (NYSE:STNG) to Buy setting price target at $3 and on 8/01/18 Morgan Stanley “Maintained” the stock to Overweight at $2.7. Furthermore on 4/25/18 Morgan Stanley “Maintained” the stock to Overweight at $3.
On the other hand the company has Relative Strength Index (RSI 14) of 56.3 along with Average True Range (ATR 14) of 0.14, Consequently Scorpio Tankers Inc (NYSE:STNG)’s weekly and monthly volatility is 5.00%, 8.75% respectively. The company’s beta value is at 0.87.
In terms of Buy, Sell or Hold recommendations, Scorpio Tankers Inc (NYSE:STNG) has analysts’ mean recommendation of 1.7. This is according to a simplified 1 to 5 scale where 1 represents a Strong Buy and 5 a Strong Sell.
According to analysts Scorpio Tankers Inc (NYSE:STNG)’s minimum EPS for the current quarter is at $-0.09 and can go high up to $-0.02. The consensus mean EPS for the current quarter is at $-0.06 derived from a total of 12 estimates from the analysts who have weighed in on projected earnings. However the company reported $-0.14 earnings per share for the same quarter during last year.
Previously Scorpio Tankers Inc (NYSE:STNG) reported $-0.21 earnings per share (EPS) for the quarter, missing the consensus estimate of $-0.2 by $-0.01. The company posted an earnings surprise of -5%.
Scorpio Tankers Inc (NYSE:STNG)’s revenue estimates for the current quarter are $157.22 Million according to 11 number of analysts, for the current quarter the company has high revenue estimates of $199.58 Million in contradiction of low revenue estimates of $139 Million. For the current year the company’s revenue estimates are $571.69 Million compared to low analyst estimates of $551 Million and high estimates of $617.1 Million according to 12 number of analysts.
Currently Scorpio Tankers Inc (NYSE:STNG)’s shares owned by insiders are 3.2%, whereas shares owned by institutional owners are 45.6%. However the six-month change in the insider ownership was recorded 0%, as well as three-month change in the institutional ownership was recorded 5.54%.
Scorpio Tankers Inc (NYSE:STNG)’s trailing twelve month revenues are $565.9 Million, whereas its price to sales ratio for the same period is 1.7. Its book value per share for the most recent quarter is $5.03 while its price to book ratio for the same period is 0.4, as for as the company’s cash per share for the most recent quarter is $0.56, however its price to cash per share ratio for the same period is 3.59. The stock has 5 year expected PEG ratio of 0 whereas its trailing twelve month P/E ratio is 0.