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NYSE: STNG
Scorpio Tankers Inc Stock Forecast, Predictions & Price Target

OverviewForecast
EarningsDividendOwnership

Analyst price target for STNG

Based on 9 analysts offering 12 month price targets for Scorpio Tankers Inc.
Min Forecast
$29.00-47.67%
Avg Forecast
$58.89+6.26%
Max Forecast
$87.00+56.98%

Should I buy or sell STNG stock?

Based on 9 analysts offering ratings for Scorpio Tankers Inc.
Strong Buy
Strong Buy
6 analysts 66.67%
Buy
1 analysts 11.11%
Hold
2 analysts 22.22%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

Be the first to know when Wall Street analysts revise their STNG stock forecasts and price targets.

STNG stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
Jefferies
Top 10%
91
Strong BuyReiterates$76.00+34.32%2023-03-21
JP Morgan
Bottom 47%
47
Strong BuyInitiates Coverage On$87.00+53.76%2023-03-08
Deutsche Bank
Bottom 6%
6
HoldMaintains$65.00+14.88%2023-03-06
B. Riley Securities
Top 5%
96
Strong BuyMaintains$80.00+41.39%2023-02-17Find out why
Deutsche Bank
Top 46%
55
HoldMaintains$55.00-2.79%2023-01-12
Stifel Nicolaus
Top 10%
91
Strong BuyMaintains$50.00-11.63%2022-10-14Find out why
BTIG
Top 4%
97
Strong BuyMaintains$50.00-11.63%2022-07-29Find out why
HC Wainwright & Co.
Top 3%
98
BuyMaintains$38.00-32.84%2022-04-29
Jefferies
Top 27%
74
Strong BuyMaintains$29.00-48.75%2022-04-28

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Forecast return on equity

Is STNG forecast to generate an efficient return?
Company
10.18%
Industry
11.28%
Market
51.58%
STNG's Return on Equity is... subscribe to Premium to read more.
Forecast High Return on Equity Forecast

Forecast return on assets

Is STNG forecast to generate an efficient return on assets?
Company
5.59%
Industry
5.98%
STNG is forecast to generate... subscribe to Premium to read more.
Forecast Return on Assets vs Industry Forecast

STNG earnings per share forecast

What is STNG's earnings per share in the next 2 years based on estimates from 5 analysts?
Avg 1 year Forecast
$5.13-55.35%
Avg 2 year Forecast
$4.57-60.23%
STNG's earnings are forecast to... subscribe to Premium to read more.
Forecast High Earnings Growth Forecast

STNG revenue forecast

What is STNG's revenue in the next 2 years based on estimates from 3 analysts?
Avg 1 year Forecast
$1.0B-33.49%
Avg 2 year Forecast
$952.5M-39.06%
STNG's revenue is forecast to... subscribe to Premium to read more.
Forecast High Revenue Growth Forecast

STNG earnings growth forecast

How is STNG forecast to perform vs Oil & Gas Midstream companies and vs the US market?
Company
-55.35%
Industry
71.19%
Market
78.57%
STNG's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Industry Forecast
STNG's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Market Forecast
STNG's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Savings Rate Forecast

STNG revenue growth forecast

How is STNG forecast to perform vs Oil & Gas Midstream companies and vs the US market?
Company
-33.49%
Industry
-1.62%
Market
25.81%
STNG's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Industry Forecast
STNG's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Market Forecast

STNG vs Oil & Gas Midstream Stocks

TickerPricePrice TargetUp/downsideConsensus
STNG$56.58$58.89+4.08%Strong Buy
TRMD$35.25$16.00-54.61%Buy
FRO$17.02$17.00-0.12%Buy
CEQP$23.30$30.33+30.18%Buy
EURN$17.57$17.40-0.97%Buy
View Top Oil & Gas Midstream Stocks

Scorpio Tankers Stock Forecast FAQ

Is Scorpio Tankers Stock a good buy in 2023, according to Wall Street analysts?

The consensus among 9 Wall Street analysts covering (NYSE: STNG) stock is to Strong Buy STNG stock.

Out of 9 analysts, 6 (66.67%) are recommending STNG as a Strong Buy, 1 (11.11%) are recommending STNG as a Buy, 2 (22.22%) are recommending STNG as a Hold, 0 (0%) are recommending STNG as a Sell, and 0 (0%) are recommending STNG as a Strong Sell.

If you're new to stock investing, here's how to buy Scorpio Tankers stock.

What is STNG's earnings growth forecast for 2023-2024?

(NYSE: STNG) Scorpio Tankers's forecast annual earnings growth rate of -55.35% is not forecast to beat the US Oil & Gas Midstream industry's average forecast earnings growth rate of 71.19%, and while it is not forecast to beat the US market's average forecast earnings growth rate of 78.57%.

Scorpio Tankers's earnings in 2023 is $637,251,000.On average, 5 Wall Street analysts forecast STNG's earnings for 2023 to be $286,329,493, with the lowest STNG earnings forecast at $187,537,446, and the highest STNG earnings forecast at $463,820,290.

In 2024, STNG is forecast to generate $255,073,252 in earnings, with the lowest earnings forecast at $171,909,325 and the highest earnings forecast at $337,679,032.

What is STNG's revenue growth forecast for 2023-2024?

(NYSE: STNG) Scorpio Tankers's forecast annual revenue growth rate of -33.49% is not forecast to beat the US Oil & Gas Midstream industry's average forecast revenue growth rate of -1.62%, and while it is not forecast to beat the US market's average forecast revenue growth rate of 25.81%.

Scorpio Tankers's revenue in 2023 is $1,562,873,000.On average, 3 Wall Street analysts forecast STNG's revenue for 2023 to be $58,017,499,582, with the lowest STNG revenue forecast at $49,704,679,039, and the highest STNG revenue forecast at $67,758,507,077.

In 2024, STNG is forecast to generate $53,162,958,843 in revenue, with the lowest revenue forecast at $47,715,442,561 and the highest revenue forecast at $58,610,475,124.

What is STNG's forecast return on assets (ROA) for 2023-2024?

(NYSE: STNG) forecast ROA is 5.59%, which is lower than the forecast US Oil & Gas Midstream industry average of 5.98%.

What is STNG's Price Target?

According to 9 Wall Street analysts that have issued a 1 year STNG price target, the average STNG price target is $58.89, with the highest STNG stock price forecast at $87.00 and the lowest STNG stock price forecast at $29.00.

On average, Wall Street analysts predict that Scorpio Tankers's share price could reach $58.89 by Mar 21, 2024. The average Scorpio Tankers stock price prediction forecasts a potential upside of 4.08% from the current STNG share price of $56.58.

What is STNG's Earnings Per Share (EPS) forecast for 2023-2024?

(NYSE: STNG) Scorpio Tankers's current Earnings Per Share (EPS) is $11.49. On average, analysts forecast that STNG's EPS will be $5.13 for 2023, with the lowest EPS forecast at $3.36, and the highest EPS forecast at $8.31. In 2024, STNG's EPS is forecast to hit $4.57 (min: $3.08, max: $6.05).

What is STNG's forecast return on equity (ROE) for 2023-2024?

(NYSE: STNG) forecast ROE is 10.18%, which is considered weak.
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