Teekay Tankers Ltd. (TNK)
NYSE: TNK · Real-Time Price · USD
43.60
-0.98 (-2.20%)
Jan 17, 2025, 4:00 PM EST - Market closed
Teekay Tankers Stock Forecast
Stock Price Forecast
The 3 analysts with 12-month price forecasts for Teekay Tankers stock have an average target of 63.67, with a low estimate of 46 and a high estimate of 85. The average target predicts an increase of 46.03% from the current stock price of 43.60.
Analyst Consensus: Buy
* Price targets were last updated on Nov 14, 2024.
Analyst Ratings
The average analyst rating for Teekay Tankers stock from 3 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Aug '24 | Sep '24 | Oct '24 | Nov '24 | Dec '24 | Jan '25 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 2 | 2 | 1 | 1 | 1 |
| Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Hold | 0 | 0 | 0 | 0 | 0 | 0 |
| Sell | 0 | 0 | 0 | 1 | 1 | 1 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 3 | 3 | 3 | 3 | 3 | 3 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Jefferies | Jefferies | Strong Buy Maintains $72 → $60 | Strong Buy | Maintains | $72 → $60 | +37.61% | Nov 14, 2024 |
| B of A Securities | B of A Securities | Hold → Sell Downgrades $51 → $46 | Hold → Sell | Downgrades | $51 → $46 | +5.50% | Nov 13, 2024 |
| B of A Securities | B of A Securities | Strong Buy → Hold Downgrades $57 → $51 | Strong Buy → Hold | Downgrades | $57 → $51 | +16.97% | Nov 1, 2024 |
| Jefferies | Jefferies | Strong Buy Maintains $72 | Strong Buy | Maintains | $72 | +65.14% | Oct 31, 2024 |
| B of A Securities | B of A Securities | Strong Buy Maintains $77 → $69 | Strong Buy | Maintains | $77 → $69 | +58.26% | Aug 13, 2024 |
Financial Forecast
Revenue This Year
997.89M
from 1.36B
Decreased by -26.87%
Revenue Next Year
997.89M
from 997.89M
EPS This Year
11.16
from 14.86
Decreased by -24.89%
EPS Next Year
10.59
from 11.16
Decreased by -5.13%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 1.2B | 1.1B | 773.9M | |
| Avg | 997.9M | 829.6M | 692.4M | |
| Low | 713.2M | 674.2M | 635.0M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | -12.9% | 15.0% | -6.7% | |
| Avg | -26.9% | -16.9% | -16.5% | |
| Low | -47.7% | -32.4% | -23.5% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 12.39 | 13.09 | 12.70 | |
| Avg | 11.16 | 10.59 | 11.15 | |
| Low | 10.40 | 5.98 | 9.20 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | -16.6% | 17.3% | 19.9% | |
| Avg | -24.9% | -5.1% | 5.3% | |
| Low | -30.0% | -46.4% | -13.1% |
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.