WallStreetZenWallStreetZen

How to Buy Scorpio Tankers Stock

Scorpio Tankers Inc

Scorpio Tankers is a oil & gas midstream company located in Monaco, which is part of the Energy sector, and is traded under the ticker STNG on the NYSE exchange.

Scorpio Tankers stock last closed at $76.41, down 2.34% from the previous day, and has increased 71.36% in one year. It has overperformed other stocks in the Oil & Gas Midstream industry by 0.43 percentage points. Scorpio Tankers stock is currently +89.41% from its 52-week low of $40.34, and -9.76% from its 52-week high of $84.67.

At the moment, there are 49.91M STNG shares outstanding. The market capitalization of STNG is $3.81B. In the last 24 hours, 1.14M STNG shares were traded.

How to Buy Scorpio Tankers Stock

Not sure how to invest in Scorpio Tankers stock? Here's how.
  1. Choose where to buy Scorpio Tankers stock: You need to pick a stock brokerage, but don't worry - we've analyzed dozens of online stock brokerages and apps to help you determine where to buy Scorpio Tankers stock.
  2. Open your brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've found.
  3. Fund your investment account: Pick your payment method and add your information.
  4. Research Scorpio Tankers stock: The Scorpio Tankers ticker symbol is STNG. Is Scorpio Tankers stock a good investment? Should you buy shares of STNG? How do STNG's underlying business fundamentals look? Do top analysts think Scorpio Tankers is a good buy? Why has STNG's stock price moved recently? (Hint: Our stock market research tools can help you figure out if STNG is a good stock to buy).
  5. Execute your STNG purchase: Decide if you will purchase STNG shares at the current market price or use a limit order to buy STNG stock at a given price.
  6. Watch your investment in STNG: Create a watchlist to important notifications about your investment in Scorpio Tankers stock.

Step 1: Choose where to buy Scorpio Tankers stock

You need a brokerage account in order to access the NYSE market and buy STNG stock.

A brokerage account is an investment account that enables you to buy and sell a variety of investments, such as stocks, bonds, mutual funds, and ETFs.

Our favorite brokerage: eToro

Based on our research, eToro is the best online stock brokerage. eToro gives you:

  • You can invest in stocks with zero commissions: Invest without commissions.
  • Buy fractional shares: Even if you don't have the money to buy a full share, you can still purchase the stock.
  • Access to world financial markets: From Technology to Energy, New York to Hong Kong — you can fill your portfolio with stocks from the world's top stock exchanges.
  • Social investing: eToro boasts a community with more than 20 million users around the world. Talk to, learn from, and copy the crypto trades of top investors.
  • Security: eToro is a regulated and licensed fintech leader.
  • Buy other assets: Such as ETFs and cryptocurrencies.

Get $10 towards your purchase of shares by signing up for an account with eToro today.

Open eToro Account
eToro securities trading is offered by eToro USA Securities, Inc. (“the BD”), member of FINRA and SIPC. Cryptocurrency is offered by eToro USA LLC (“the MSB”) (NMLS: 1769299) and is not FDIC or SIPC insured. Investing involves risk, and content is provided for educational purposes only, does not imply a recommendation, and is not a guarantee of future performance. https://www.wallstreetzen.com is not an affiliate and may be compensated if you access certain products or services offered by the MSB and/or the BD.

Step 2: Open your brokerage account

Now that you've selected your brokerage, you need to fill out some personal details so you are able to invest in STNG today.

How to Create a New Account on eToro

  1. Click here to get started.
    eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
  2. Provide your personal details to open a new brokerage account.
  1. Send your application by pressing the "Create Account" button.
  2. Get started with eToro today
    eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Step 3: Fund your investment account

Now that you've created your account on app for stock market, you can securely and quickly fund your account:

Watch the tutorial below to see the process of transferring money into your investment account.

Get started with eToro today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Step 4: Research Scorpio Tankers stock

After you have figured out the best place to buy Scorpio Tankers stock, it's critical to evaluate their stock before you invest, so you actually comprehend the risk and opportunity.

Scorpio Tankers Metrics

STNG Price
$76.41
1w %
-4.36%
1y %
71.36%
5y %
158.93%
P/E
6.78x
P/B
1.38x
P/S
2.83x
PEG
N/A
Revenue
$1.35B
Earnings
$567.85M
Fore. Rev. Growth
-5.47%
Fore. Earn. Growth
-3.12%
Market Cap
$3.81B
Next Earnings
Jul 31, 2024
Next Dividend
N/A

Scorpio Tankers Due Diligence Checks

WallStreetZen was built to help everyday investors perform more accurate fundamental analysis quickly.

You can view all of the due diligence checks on STNG's stock page.

Is STNG stock undervalued or overvalued?

You can use many financial metrics, analyses, models, and charts to gauge STNG's intrinsic value.

Using relative valuations measures:

  • STNG may be undervalued based on its P/E ratio of 6.78x, relative to Oil & Gas Midstream industry P/E ratio of 15.48x
  • STNG may be undervalued based on its P/B ratio of 1.38x, relative to Oil & Gas Midstream industry P/B ratio of 2.48x

You can access more valuation analysis on STNG's stock here.

STNG Financial Health Summary

Positive Financial Indicators:

  • STNG's operating cash flow of $811.15M allows it to safely service it's debt of $1.37B.
  • There are more short-term assets than short-term liabilities on the STNG balance sheet.
  • Total STNG debt is lower than 5 years ago, relative to shareholder equity.

Negative Financial Indicators:

  • STNG profit margin has gone down from 51.6% to 42.1% in the past year.
  • STNG earnings of $744.54M is not enough to cover its interest payments.
  • There are more long-term liabilities than short-term assets on the STNG balance sheet.
  • STNG has a relatively high debt to equity ratio of 0.53.

Is it a good time to buy Scorpio Tankers stock, according to analysts?

Out of 4 Wall Street analysts who track STNG, the consensus analyst rating on STNG is a Strong Buy

Please keep in mind that analyst ratings are not recommendations, nor are they financial advice.

You can dig deeper into what analysts are saying on the Scorpio Tankers stock forecast page.

Metrics for Advanced STNG Traders

SMA10
79.23
SMA20
80.02
SMA50
79.31
SMA100
74.68
SMA200
67.12
MACD
-0.41
MACD Signal
0.21
MACD Histogram
-0.61
RSI
39.21
Stochastic %K
13.23
Stochastic %D
15.12
StochRSI %K
2.51
StochRSI %D
3.29

How are STNG Revenues/Earnings doing?

Last year, STNG earnings were $567.85M. Over the past 1 years, STNG's earnings have grown by -31.41% per year. This was slower than the Oil & Gas Midstream industry average of 28.55%.

Last year, STNG revenue was $1.35B. In the last five year, STNG's revenue has gone up by 16.64% per year. This was faster than the Oil & Gas Midstream industry average of 8.28%.

You can analyze STNG's earnings and revenue performance here.

Who is buying/selling STNG?

Over the past 12 months, insiders at STNG have not bought or sold any shares.

Get more info about who owns STNG stock here.

Can I get consistent income from STNG stock?

Scorpio Tankers pays a dividend of 1.83%, compared to the Oil & Gas Midstream industry's average dividend yield of 5.72%. If you owned $1,000 of STNG stock, you would have received $18.32 last year.

Scorpio Tankers dividend payments have not consistently grown over the past decade and have not remained stable.

Dig into more analysis about Scorpio Tankers dividend yield and history here.

STNG Social Trading Data

One of the major reasons eToro is our favorite brokerage is because of its social trading community.

Click below to find out what other traders have to say.

Step 5: Execute your STNG purchase

There are two primary order types:

  • Market order: A market order is an order to buy or sell a stock at the best possible price.
    Market orders are generally sufficient.
  • Limit order: A limit order lets you buy or sell a stock at a specific price (or better).
    If you want to ensure you're buying or selling at a specific price, place a limit order.

Click the Open button and eToro will execute your order.

If you require additional help with investing in stocks on eToro, click the helpful video below:

Open eToro Account

Step 6: Watch your investment in STNG

Now that you own some STNG shares, you'll want to keep up with your new investment.

Create a watchlist to get the latest updates about your STNG stock.

STNG Feed

How to Buy Stock in Scorpio Tankers

To reiterate, here are the 6 steps for buying Scorpio Tankers stock:

  1. Choose where to buy Scorpio Tankers stock
  2. Open your brokerage account
  3. Fund your investment account
  4. Research Scorpio Tankers stock
  5. Execute your STNG purchase
  6. Watch your investment in STNG

If you require a online brokerage, eToro is our recommended venue.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

If you want to keep tabs on your investment in Scorpio Tankers, create a watchlist today.

NYSE: STNG
$76.41-1.83 (-2.34%)
Updated Jul 12, 2024
Open eToro Account
NYSE: STNG
$76.41-1.83 (-2.34%)
Updated Jul 12, 2024
Open eToro Account

FAQ

How much does it cost to buy one Scorpio Tankers share?

As of Jul 12, 2024, it costs $76.41 to buy one share of Scorpio Tankers stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $10, you can buy 0.131 shares of STNG.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Is now a good time to buy Scorpio Tankers stock?

According to 4 Wall Street analysts who monitor Scorpio Tankers, their consensus recommendation is to buy Scorpio Tankers stock.

What is the best way to buy Scorpio Tankers stock?

One way to place an order for Scorpio Tankers stock is with a brokerage account.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.