Teekay Tankers Ltd. (TNK)

NYSE: TNK · IEX Real-Time Price · USD
21.05
1.42 (7.23%)
May 25, 2022 4:00 PM EDT - Market closed

Total Valuation

Teekay Tankers has a market cap or net worth of $711.59 million. The enterprise value is $1.31 billion.

Market Cap711.59M
Enterprise Value1.31B

Important Dates

The latest earnings date was Thursday, May 12, 2022, before market open.

Last Earnings DateMay 12, 2022
Ex-Dividend Daten/a

Share Statistics

Teekay Tankers has 33.80 million shares outstanding. The number of shares has increased by 0.50% in one year.

Shares Outstanding33.80M
Shares Change (YoY)+0.50%
Shares Change (QoQ)+0.04%
Owned by Insiders (%)17.58%
Owned by Institutions (%)25.53%
Float23.24M

Valuation Ratios

PE Ration/a
Forward PE15.65
PS Ratio1.24
PB Ratio0.86
P/FCF Ration/a
PEG Ration/a
Financial Ratio History

Enterprise Valuation

EV / Earningsn/a
EV / Sales2.29
EV / EBITDAn/a
EV / EBITn/a
EV / FCFn/a

Financial Position

The company has a current ratio of 1.26, with a Debt / Equity ratio of 0.76.

Current Ratio1.26
Quick Ratio0.68
Debt / Equity0.76
Debt / EBITDAn/a
Debt / FCFn/a

Financial Efficiency

Return on equity (ROE) is -27.10%, which is considered low. The company has a ROIC of -10.20%.

Return on Equity (ROE)-27.10%
Return on Assets (ROA)-14.40%
Return on Capital (ROIC)-10.20%
Revenue Per Employee$301,914
Profits Per Employee-$123,657
Employee Count1,900
Asset Turnover0.35
Inventory Turnover10.18

Taxes

Income Tax-3.32M
Effective Tax Raten/a

Stock Price Statistics

The stock price has increased by +35.54% in the last 52 weeks. The beta is -0.22, so Teekay Tankers's price volatility has been lower than the market average.

Beta (1Y)-0.22
52-Week Price Change+35.54%
50-Day Moving Average16.65
200-Day Moving Average13.19
Average Volume (30 Days)467,096

Short Selling Information

The latest short interest is 964,164, so 2.85% of the outstanding shares have been sold short.

Short Interest964,164
Short % of Shares Out2.85%
Short % of Float4.15%
Short Ratio (days to cover)2.52

Income Statement

In the last 12 months, Teekay Tankers had revenue of $573.64 million and -234.95 million in losses. Earnings per share was -$6.93.

Revenue573.64M
Gross Profit48.89M
Operating Income-192.66M
Pretax Income-238.27M
Net Income-234.95M
EBITDA-100.67M
EBIT-205.15M
Earnings Per Share (EPS)-$6.93
Full Income Statement

Balance Sheet

The company has $21.35 million in cash and $624.46 million in debt, giving a net cash position of -$603.11 million or -$17.84 per share.

Cash & Cash Equivalents21.35M
Total Debt624.46M
Net Cash-603.11M
Net Cash Per Share-$17.84
Book Value824.91M
Book Value Per Share24.40
Working Capital47.25M
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was -$94.54 million and capital expenditures -$41.29 million, giving a free cash flow of -$135.83 million.

Operating Cash Flow-94.54M
Capital Expenditures-41.29M
Free Cash Flow-135.83M
FCF Per Sharen/a
Full Cash Flow Statement

Margins

Gross margin is 8.52%, with operating and profit margins of -33.59% and -40.96%.

Gross Margin8.52%
Operating Margin-33.59%
Pretax Margin-41.54%
Profit Margin-40.96%
EBITDA Margin-17.55%
EBIT Margin-35.76%
FCF Margin-23.68%

Dividends & Yields

Teekay Tankers does not appear to pay any dividends at this time.

Dividend Per Sharen/a
Dividend Yieldn/a
Earnings Yield-33.02%
FCF Yield-19.09%
Dividend Growth (YoY)n/a
Payout Ration/a
Buyback Yield-0.50%
Shareholder Yield-0.50%
Dividend Details

Analyst Forecast

The average price target for Teekay Tankers is $17.92, which is -14.87% lower than the current price. The consensus rating is "Buy".

Price Target$17.92
Price Target Difference-14.87%
Analyst ConsensusBuy
Analyst Count12
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 DateNov 25, 2019
Split TypeReverse
Split Ratio1:8