Scorpio Tankers (NYSE: STNG) are anticipated to launch earnings knowledge earlier than market opens on Friday, Might 7. Analysts count on Scorpio Tankers to publish earnings of ($ 1.00) per share for the quarter. Events concerned with registering for the corporate convention name can accomplish that utilizing this hyperlink.
Scorpio Tankers (NYSE: STNG) final reported quarterly outcomes on Thursday, February 18. The transport firm reported earnings per share of ($ 1.04) for the quarter, beating the consensus estimate of ($ 1.10) by $ 0.06. Scorpio Tankers had a web margin of 18.26% and a return on fairness of 8.82%. The corporate posted income of $ 138.00 million within the quarter, in comparison with analysts’ expectations of $ 135.93 million. On common, analysts count on Scorpio Tankers to publish EPS of $ 2 for the present fiscal yr and EPS of $ 1 for the following fiscal yr.
STNG shares opened at $ 17.89 on Thursday. Scorpio Tankers has a 52 week low of $ 8.28 and a 52 week excessive of $ 22.44. The corporate has a 50-day transferring common value of $ 18.47 and a 200-day transferring common value of $ 14.23. The corporate has a leverage ratio of 0.98, a fast ratio of 0.67, and a present ratio of 0.69. The inventory has a market cap of $ 1.04 billion, a PE ratio of 5.85, a PEG ratio of 0.19 and a beta of 1.18.
The corporate additionally not too long ago introduced a quarterly dividend, which was paid on Monday, March 15. Traders of report on Tuesday, March 2 acquired a dividend of $ 0.10 per share. The ex-dividend date was Monday March 1. This represents a dividend of $ 0.40 on an annualized foundation and a return of two.24%. Scorpio Tankers’ payout ratio is -42.55%.
STNG has been the topic of a number of analyst studies. B. Riley lowered his value goal for Scorpio Tankers inventory from $ 40.00 to $ 35.00 and set a “purchase” ranking for the corporate in a analysis report on Friday, February 19. In a analysis report on Wednesday March 31, Zacks Funding Analysis upgraded Scorpio Tankers shares from a “promote” ranking to a “maintain” ranking. In a report printed Thursday, February 18, Deutsche Financial institution Aktiengesellschaft decreased Scorpio Tankers shares from a “purchase” ranking to a “maintain” ranking. BTIG Analysis raised its value goal for Scorpio Tankers shares from $ 25.00 to $ 28.00 and gave the inventory a “purchase” ranking in a report on Friday March 19. Lastly, HC Wainwright started masking shares of Scorpio Tankers in a report on Monday, March 29. They issued a “purchase” be aware and a value goal of $ 28.00 for the corporate. A inventory analysis analyst rated the inventory with a promote ranking, three assigned a sustaining ranking, and 6 issued a purchase ranking on the corporate’s inventory. The corporate presently has a consensus ranking of “Purchase” and a consensus goal value of $ 22.00.
Scorpio Tankers Firm Profile
Scorpio Tankers, Inc. engages within the provision of marine transportation of petroleum merchandise. It operates by the next segments: Handymax, MR, LR1 / Panamax and LR2 / Aframax. The corporate was based by Emanuele A. Lauro on July 1, 2009 and is headquartered in Monaco.
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7 lithium shares that can gas the electrical automobile increase
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See “7 lithium shares that can gas the electrical automobile increase”.