Scorpio Tankers Inc. (STNG)
NYSE: STNG · IEX Real-Time Price · USD
80.69
+1.32 (1.66%)
Jul 2, 2024, 4:00 PM EDT - Market closed
Scorpio Tankers Stock Forecast
Stock Price Forecast
The 5 analysts with 12-month price forecasts for Scorpio Tankers stock have an average target of 84.6, with a low estimate of 71 and a high estimate of 91. The average target predicts an increase of 4.85% from the current stock price of 80.69.
Analyst Consensus: Strong Buy
Analyst Ratings
The average analyst rating for STNG stock from 6 stock analysts is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.
Recommendation Trends
| Rating | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 | Jul '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 4 | 4 | 4 | 3 | 3 | 3 |
| Buy | 2 | 2 | 2 | 2 | 2 | 2 |
| Hold | 1 | 1 | 1 | 1 | 1 | 1 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 7 | 7 | 7 | 6 | 6 | 6 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| B of A Securities | B of A Securities | Hold Maintains $82 → $85 | Hold | Maintains | $82 → $85 | +5.34% | Jun 18, 2024 |
| B of A Securities | B of A Securities | Hold Maintains $76 → $82 | Hold | Maintains | $76 → $82 | +1.62% | May 10, 2024 |
| Jefferies | Jefferies | Strong Buy Maintains $90 | Strong Buy | Maintains | $90 | +11.54% | May 9, 2024 |
| Evercore ISI Group | Evercore ISI Group | Buy Maintains $89 → $91 | Buy | Maintains | $89 → $91 | +12.78% | Feb 15, 2024 |
| Jefferies | Jefferies | Strong Buy Reiterates $90 | Strong Buy | Reiterates | $90 | +11.54% | Feb 14, 2024 |
Financial Forecast
Revenue This Year
1.46B
from 1.34B
Increased by 8.48%
Revenue Next Year
1.32B
from 1.46B
Decreased by -9.00%
EPS This Year
13.98
from 10.03
Increased by 39.33%
EPS Next Year
11.13
from 13.98
Decreased by -20.36%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 1.6B | 1.8B | 1.9B | 1.3B |
| Avg | 1.5B | 1.3B | 1.3B | 1.3B |
| Low | 1.3B | 1.0B | 995.7M | 1.2B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 21.4% | 26.5% | 40.8% | 5.3% |
| Avg | 8.5% | -9.0% | -5.2% | 2.2% |
| Low | -5.0% | -28.5% | -24.8% | -1.8% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 16.61 | 15.74 | 13.57 | 10.05 |
| Avg | 13.98 | 11.13 | 9.36 | 9.76 |
| Low | 10.98 | 7.17 | 6.94 | 9.38 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 65.6% | 12.6% | 21.9% | 7.4% |
| Avg | 39.3% | -20.4% | -15.9% | 4.3% |
| Low | 9.4% | -48.7% | -37.7% | 0.2% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.