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 $48.39, up 2.59% from the previous day, and has increased 51.27% in one year. It has overperformed other stocks in the Oil & Gas Midstream industry by 0.52 percentage points. Scorpio Tankers stock is currently +69.79% from its 52-week low of $28.50, and -24.63% from its 52-week high of $64.20.
At the moment, there are 59.46M STNG shares outstanding. The market capitalization of STNG is $2.88B. In the last 24 hours, 563,223 STNG shares were traded.
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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.
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You can view all of the due diligence checks on STNG's stock page.
You can use many financial metrics, analyses, models, and charts to gauge STNG's intrinsic value.
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You can access more valuation analysis on STNG's stock here.
Out of 6 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.
Benjamin Nolan, a bottom 24% analyst from Stifel Nicolaus maintains STNG with a strong buy rating and raises their STNG price target from $68.00 to $77.00, on Apr 25, 2023.
Maintaining his Strong Buy rating, Nolan raised his price target on Scorpio Tankers Inc. by 13.2% after re-evaluating names in his Shipping and Energy Infrastructure portfolio ahead of the Q1 2023 earnings releases.
Although shipping markets "are in various stages of the cycle," the tanker group is "doing very well thanks to inefficient Russia-related voyages and limited supply," the analyst summarized.
Scorpio Tankers is expected to report its earnings on 2023/05/02.
The Zacks Consensus EPS Estimate for the company's upcoming quarter is $2.95 which, if achieved, would represent an 1192.59% increase against Q1 2022’s ($0.27).
Omar Nokta, a bottom 8% analyst from Jefferies reiterates STNG with a strong buy rating and maintains their STNG price target from $76.00 to $76.00, on Mar 21, 2023.
Samuel Bland, a bottom 33% analyst from JP Morgan initiates coverage on STNG with a strong buy rating and announces their STNG price target of $87.00, on Mar 8, 2023.
Amit Mehrotra, a bottom 38% analyst from Deutsche Bank maintains STNG with a hold rating and raises their STNG price target from $55.00 to $65.00, on Mar 6, 2023.
Liam Burke, a top 9% analyst from B. Riley Securities maintains STNG with a strong buy rating and raises their STNG price target from $65.00 to $80.00, on Feb 17, 2023.
You can dig deeper into what analysts are projecting on the Scorpio Tankers stock forecast page.
Last year, STNG revenue was $1.77B. In the past 5 year, STNG's revenue has increased by 26.55% per year. This was faster than the Oil & Gas Midstream industry average of 14.3%.
Find out more about STNG's earnings and revenue performance here.
In the last year, insiders at STNG have not bought or sold any shares.
Get more info about who owns STNG shares here.
Scorpio Tankers pays a dividend of 0.83%, compared to the Oil & Gas Midstream industry's average dividend yield of 6.86%. If you owned $1,000 worth of STNG stock, you would have received $8.27 last year.
Scorpio Tankers dividend payments have not consistently grown over the past decade and have not remained stable.
Get more info about Scorpio Tankers dividend yield and history here.
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