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Analysis
Teekay Tankers Ltd. (TNK)
Teekay Tankers Ltd. (TNK)
Ranking:
Sell
Implies negative momentum
Stock Name: Teekay Tankers Ltd.
Symbol: TNK
Market Cap: $1.48B
Industry: Oil & Gas Midstream
Sector: Energy
Website: https://www.teekay.com/business/tankers
About Teekay Tankers Ltd.

Teekay Tankers Ltd. provides marine transportation services to oil industries in Bermuda and internationally. The company offers voyage and time charter services; and offshore ship-to-ship transfer services of commodities primarily crude oil and refined oil products, as well as liquid gases and various other products. It also provides tanker commercial and technical management services. As of December 31, 2021, the company owned and leased 48 double-hull oil tankers, time-chartered in two Aframax tankers, and one LR2 tanker Please visit their website for more information.

Overview:
Last Close: $43.21
52 Week: $43.21-$72.93
MVA50: 51.60
MVA200: 54.90
RSI: 24.42
Buy/Sell*: 23.86
1-Month change: -42.93%
3-Month change: -44.19%
*Proprietary Buy Sell Volume Indicator
Price Chart For TNK
Financial Parameters Most Recent Quarter: (2024-Q3),2024-09-30
Revenue: $243M
Revenue Growth (YOY): -14.90%
Profit (% of Rev): 28.48%
Income (% of Rev): 24.18%
Income Growth (YOY): -27.72%
Operating Income: $58M
Operating Cash Flow: $108M
Operating Cash Flow Growth (YoY): -12.30%
Annual Dividend Yield: 0.43%
Total Assets: $1.92B
Total Liabilities: $171M
Cash & Equivalent: $464M
Total Debt: $54M
Debt/Equity: 0.00
Quick Ratio: 6.35
Current Ratio: 6.80
Price/Book: 1.15
Price/Earnings: 8.54
EBITDA: $83M
EPS: 1.7
Our Approach

Our proprietary analysis employs a weighted average approach integrating both functional and technical parameters, tailored to the sector, industry, and microeconomic factors. This methodology assigns dynamic weights to the parameters, with a focus on recent trends, ensuring a nuanced evaluation for informed investment decisions. Considering all the above parameters, in addition to some of the derived parameters of the stock in conjunction with its sector and macroeconomic conditions, our proprietary Weighted Average AI model gives a rank of Sell.

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