Teekay Tankers Stock Performance
| TNK Stock | USD 40.25 0.65 1.59% |
The entity has a beta of 0.79, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, Teekay Tankers' returns are expected to increase less than the market. However, during the bear market, the loss of holding Teekay Tankers is expected to be smaller as well. At this point, Teekay Tankers has a negative expected return of -0.44%. Please make sure to validate Teekay Tankers' treynor ratio, as well as the relationship between the accumulation distribution and price action indicator , to decide if Teekay Tankers performance from the past will be repeated at some point in the near future.
Risk-Adjusted Performance
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Over the last 90 days Teekay Tankers has generated negative risk-adjusted returns adding no value to investors with long positions. Despite abnormal performance in the last few months, the Stock's basic indicators remain quite persistent which may send shares a bit higher in December 2024. The latest mess may also be a sign of long-standing up-swing for the company institutional investors. ...more
Actual Historical Performance (%)
One Day Return (0.46) | Five Day Return (1.92) | Year To Date Return (20.40) | Ten Year Return 19.17 | All Time Return (74.45) |
Forward Dividend Yield 0.0244 | Payout Ratio 0.2346 | Last Split Factor 1:8 | Forward Dividend Rate 1 | Dividend Date 2024-11-22 |
1 | Teekay Corporation Ltd.s institutional investors lost 7.1 percent last week but have benefitted from longer-term gains | 10/15/2024 |
2 | Teekay Tankers Ascends While Market Falls Some Facts to Note | 10/25/2024 |
3 | Teekay Tankers Non-GAAP EPS of 0.23 misses by 1.97, revenue of 272.62M beats by 102.64M | 10/30/2024 |
4 | Teekay Corps tankers unit to take over management business | 10/31/2024 |
5 | Teekay Third Quarter 2024 Earnings EPS US0.22 | 11/01/2024 |
6 | Heres What We Like About Teekay Tankers Upcoming Dividend | 11/07/2024 |
7 | Teekay Tankers cut to Sell equivalent at BofA with eye on weaker shipping rates | 11/13/2024 |
8 | Teekay Corporation Declares Dividend - Marketscreener.com | 11/21/2024 |
| Teekay Tankers dividend paid on 22nd of November 2024 | 11/22/2024 |
| Begin Period Cash Flow | 187.4 M | |
| Free Cash Flow | 611.3 M |
Teekay |
Teekay Tankers Relative Risk vs. Return Landscape
If you would invest 5,400 in Teekay Tankers on August 31, 2024 and sell it today you would lose (1,375) from holding Teekay Tankers or give up 25.46% of portfolio value over 90 days. Teekay Tankers is generating negative expected returns assuming volatility of 1.8986% on return distribution over 90 days investment horizon. In other words, 16% of stocks are less volatile than Teekay, and above 99% of all equities are expected to generate higher returns over the next 90 days. Expected Return |
| Risk |
Teekay Tankers Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Teekay Tankers' investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Teekay Tankers, and traders can use it to determine the average amount a Teekay Tankers' price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = -0.2319
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| Negative Returns | TNK |
Estimated Market Risk
| 1.9 actual daily | 16 84% of assets are more volatile |
Expected Return
| -0.44 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.23 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Teekay Tankers is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Teekay Tankers by adding Teekay Tankers to a well-diversified portfolio.
Teekay Tankers Fundamentals Growth
Teekay Stock prices reflect investors' perceptions of the future prospects and financial health of Teekay Tankers, and Teekay Tankers fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Teekay Stock performance.
| Return On Equity | 0.27 | |||
| Return On Asset | 0.13 | |||
| Profit Margin | 0.35 % | |||
| Operating Margin | 0.24 % | |||
| Current Valuation | 996.32 M | |||
| Shares Outstanding | 29.73 M | |||
| Price To Earning | 12.95 X | |||
| Price To Book | 0.81 X | |||
| Price To Sales | 1.18 X | |||
| Revenue | 1.36 B | |||
| Gross Profit | 389.69 M | |||
| EBITDA | 624.35 M | |||
| Net Income | 513.67 M | |||
| Cash And Equivalents | 180.51 M | |||
| Cash Per Share | 2.00 X | |||
| Total Debt | 215.91 M | |||
| Debt To Equity | 0.74 % | |||
| Current Ratio | 1.63 X | |||
| Book Value Per Share | 50.79 X | |||
| Cash Flow From Operations | 626.07 M | |||
| Earnings Per Share | 12.18 X | |||
| Market Capitalization | 1.41 B | |||
| Total Asset | 1.87 B | |||
| Retained Earnings | 220.02 M | |||
| Working Capital | 474.21 M | |||
| Current Asset | 279.81 M | |||
| Current Liabilities | 289.65 M | |||
About Teekay Tankers Performance
By examining Teekay Tankers' fundamental ratios, stakeholders can obtain critical insights into Teekay Tankers' financial health, operational efficiency, and overall profitability. These insights assist in making well-informed investment and management decisions. For example, a high Return on Assets and Return on Equity would indicate that Teekay Tankers is effectively utilizing its assets and equity to generate significant profits, enhancing its appeal to investors. On the other hand, low ROA and ROE values could reveal issues in asset and equity management, highlighting the need for operational improvements.
| Last Reported | Projected for Next Year | ||
| Days Of Inventory On Hand | 24.54 | 15.42 | |
| Return On Tangible Assets | 0.27 | 0.29 | |
| Return On Capital Employed | 0.31 | 0.32 | |
| Return On Assets | 0.27 | 0.29 | |
| Return On Equity | 0.34 | 0.35 |
Things to note about Teekay Tankers performance evaluation
Checking the ongoing alerts about Teekay Tankers for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Teekay Tankers help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Teekay Tankers generated a negative expected return over the last 90 days | |
| Teekay Tankers is unlikely to experience financial distress in the next 2 years | |
| Teekay Tankers has a strong financial position based on the latest SEC filings | |
| About 20.0% of the company outstanding shares are owned by corporate insiders | |
| On 22nd of November 2024 Teekay Tankers paid $ 0.25 per share dividend to its current shareholders | |
| Latest headline from news.google.com: Teekay Corporation Declares Dividend - Marketscreener.com |
- Analyzing Teekay Tankers' financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Teekay Tankers' stock is overvalued or undervalued compared to its peers.
- Examining Teekay Tankers' industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Teekay Tankers' management team can have a significant impact on its success or failure. Reviewing the track record and experience of Teekay Tankers' management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Teekay Tankers' stock. These opinions can provide insight into Teekay Tankers' potential for growth and whether the stock is currently undervalued or overvalued.
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 closely tied 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 Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.
Is Oil & Gas Storage & Transportation space 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.
Quarterly Earnings Growth (0.28) | Dividend Share 0.25 | Earnings Share 12.18 | Revenue Per Share 34.7 | Quarterly Revenue Growth (0.15) |
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.