Teekay Tankers Ltd. (TNK)
NYSE: TNK · IEX Real-Time Price · USD
65.61
-2.01 (-2.97%)
At close: Jun 14, 2024, 4:00 PM
65.11
-0.50 (-0.76%)
After-hours: Jun 14, 2024, 7:04 PM EDT

Teekay Tankers Statistics

Total Valuation

Teekay Tankers has a market cap or net worth of $2.25 billion. The enterprise value is $1.94 billion.

Market Cap 2.25B
Enterprise Value 1.94B

Important Dates

The next estimated earnings date is Thursday, August 1, 2024, before market open.

Earnings Date Aug 1, 2024
Ex-Dividend Date May 20, 2024

Share Statistics

Teekay Tankers has 34.26 million shares outstanding.

Shares Outstanding 34.26M
Owned by Insiders (%) 17.44%
Owned by Institutions (%) 63.90%
Float 24.06M

Valuation Ratios

The trailing PE ratio is 4.64 and the forward PE ratio is 3.97. Teekay Tankers's PEG ratio is 31.59.

PE Ratio 4.64
Forward PE 3.97
PS Ratio 1.72
Forward PS 2.13
PB Ratio 1.35
P/FCF Ratio 3.74
PEG Ratio 31.59
Financial Ratio History

Enterprise Valuation

The stock's EV/EBITDA ratio is 3.18, with an EV/FCF ratio of 3.23.

EV / Earnings 3.97
EV / Sales 1.49
EV / EBITDA 3.18
EV / EBIT 3.79
EV / FCF 3.23

Financial Position

The company has a current ratio of 6.58, with a Debt / Equity ratio of 0.04.

Current Ratio 6.58
Quick Ratio 5.54
Debt / Equity 0.04
Debt / EBITDA 0.11
Debt / FCF 0.11
Interest Coverage 24.04

Financial Efficiency

Return on equity (ROE) is 32.80% and return on invested capital (ROIC) is 28.28%.

Return on Equity (ROE) 32.80%
Return on Assets (ROA) 26.90%
Return on Capital (ROIC) 28.28%
Revenue Per Employee $822,728
Profits Per Employee $307,594
Employee Count 1,590
Asset Turnover 0.72
Inventory Turnover 11.61

Taxes

In the past 12 months, Teekay Tankers has paid $2.88 million in taxes.

Income Tax 2.88M
Effective Tax Rate 0.58%

Stock Price Statistics

The stock price has increased by +71.04% in the last 52 weeks. The beta is -0.24, so Teekay Tankers's price volatility has been lower than the market average.

Beta (1Y) -0.24
52-Week Price Change +71.04%
50-Day Moving Average 64.66
200-Day Moving Average 54.14
Relative Strength Index (RSI) 40.43
Average Volume (30 Days) 317,365

Short Selling Information

Short Interest 609,613
Short Previous Month 700,892
Short % of Shares Out 2.53%
Short % of Float n/a
Short Ratio (days to cover) 1.96

Income Statement

In the last 12 months, Teekay Tankers had revenue of $1.31 billion and earned $489.07 million in profits. Earnings per share was $14.14.

Revenue 1.31B
Gross Profit 615.74M
Operating Income 492.50M
Pretax Income 491.95M
Net Income 489.07M
EBITDA 610.20M
EBIT 513.31M
Earnings Per Share (EPS) $14.14
Full Income Statement

Balance Sheet

The company has $370.42 million in cash and $65.87 million in debt, giving a net cash position of $304.55 million or $8.89 per share.

Cash & Cash Equivalents 370.42M
Total Debt 65.87M
Net Cash 304.55M
Net Cash Per Share $8.89
Equity / Book Value 1.67B
Book Value Per Share 48.61
Working Capital 553.08M
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was $588.41 million and capital expenditures $13.10 million, giving a free cash flow of $601.51 million.

Operating Cash Flow 588.41M
Capital Expenditures 13.10M
Free Cash Flow 601.51M
FCF Per Share $17.56
Full Cash Flow Statement

Margins

Gross margin is 47.07%, with operating and profit margins of 37.65% and 37.39%.

Gross Margin 47.07%
Operating Margin 37.65%
Pretax Margin 37.61%
Profit Margin 37.39%
EBITDA Margin 46.65%
EBIT Margin 39.24%
FCF Margin 45.98%

Dividends & Yields

This stock pays an annual dividend of $0.98, which amounts to a dividend yield of 1.49%.

Dividend Per Share $0.98
Dividend Yield 1.49%
Dividend Growth (YoY) 291.60%
Years of Dividend Growth 1
Payout Ratio 6.92%
Buyback Yield -0.32%
Shareholder Yield 1.18%
Earnings Yield 21.76%
FCF Yield 26.76%
Dividend Details

Analyst Forecast

The average price target for Teekay Tankers is $76.00, which is 15.84% higher than the current price. The consensus rating is "Strong Buy".

Price Target $76.00
Price Target Difference 15.84%
Analyst Consensus Strong Buy
Analyst Count 3
Revenue Growth Forecast (5Y) n/a
EPS Growth Forecast (5Y) n/a
Stock Forecasts

Stock Splits

The last stock split was on November 25, 2019. It was a reverse split with a ratio of 1:8.

Last Split Date Nov 25, 2019
Split Type Reverse
Split Ratio 1:8

Scores

Teekay Tankers has an Altman Z-Score of 9.74 and a Piotroski F-Score of 7.

Altman Z-Score 9.74
Piotroski F-Score 7