Teekay Tankers Ltd. (TNK)
NYSE: TNK · Real-Time Price · USD
41.73
-0.13 (-0.31%)
Nov 22, 2024, 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 52.58% from the current stock price of 41.73.
Analyst Consensus: Buy
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 | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 2 | 2 | 2 | 2 | 1 |
| Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Hold | 0 | 0 | 0 | 0 | 0 | 0 |
| Sell | 0 | 0 | 0 | 0 | 0 | 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 | +43.78% | Nov 14, 2024 |
| B of A Securities | B of A Securities | Hold → Sell Downgrades $51 → $46 | Hold → Sell | Downgrades | $51 → $46 | +10.23% | Nov 13, 2024 |
| B of A Securities | B of A Securities | Strong Buy → Hold Downgrades $57 → $51 | Strong Buy → Hold | Downgrades | $57 → $51 | +22.21% | Nov 1, 2024 |
| Jefferies | Jefferies | Strong Buy Maintains $72 | Strong Buy | Maintains | $72 | +72.54% | Oct 31, 2024 |
| B of A Securities | B of A Securities | Strong Buy Maintains $77 → $69 | Strong Buy | Maintains | $77 → $69 | +65.35% | Aug 13, 2024 |
Financial Forecast
Revenue This Year
1.05B
from 1.36B
Decreased by -23.34%
Revenue Next Year
925.99M
from 1.05B
Decreased by -11.47%
EPS This Year
11.25
from 14.86
Decreased by -24.31%
EPS Next Year
11.30
from 11.25
Increased by 0.48%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 1.2B | 1.1B | 1.1B | |
| Avg | 1.0B | 926.0M | 784.6M | |
| Low | 711.5M | 674.2M | 651.8M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | -11.1% | 9.8% | 14.9% | |
| Avg | -23.3% | -11.5% | -15.3% | |
| Low | -47.9% | -35.5% | -29.6% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 12.39 | 13.09 | 12.88 | |
| Avg | 11.25 | 11.30 | 11.19 | |
| Low | 10.56 | 10.00 | 9.20 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | -16.6% | 16.4% | 13.9% | |
| Avg | -24.3% | 0.5% | -1.0% | |
| Low | -28.9% | -11.1% | -18.6% |
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.