$-0.05 EPS Expected for Scorpio Tankers Inc. (STNG) on April, 25

Lawrence Kim
April 16, 2018

Among 7 analysts covering Scorpio Tankers Inc (NYSE:STNG), 7 have Buy rating, 0 Sell and 0 Hold. Scorpio Tankers has a twelve month low of $1.85 and a twelve month high of $4.60. Scorpio Tankers also posted earnings of ($0.07) per share in the same quarter a year ago. (NYSE:STNG) is awaited On April, 25., as reported by RTT.

On Friday, Shares of Scorpio Tankers Inc (NYSE: STNG) 2.61% and ended its trading session at $2.36. Analysts have expectation on stock's EPS of $-0.05. On Tuesday, November 28 Stifel Nicolaus maintained Scorpio Tankers Inc. Analysts predict $-0.05 earnings per share. Scorpio Tankers had a negative net margin of 30.86% and a negative return on equity of 6.73%. The company had revenue of $148.40 million for the quarter, compared to analyst estimates of $148.90 million. During the same quarter in the prior year, the company posted ($0.18) EPS. The firm's revenue for the quarter was up 39.9% compared to the same quarter past year.

STNG has been the topic of a number of analyst reports. On Monday, October 30 Jefferies maintained the shares of STNG in report with "Buy" rating. Finally, Credit Suisse Group cut their target price on shares of Scorpio Tankers from $5.00 to $4.00 and set an "outperform" rating on the stock in a report on Thursday, February 15th. (NYSE:STNG) has "Overweight" rating given by Morgan Stanley.

Scorpio Tankers Inc. stock waking on thin line between bulls and bears tracks and with several factors it's pulling towards optimistic side to some extend but some take to pessimistic side. On Thursday, November 16 the rating was maintained by Jefferies with "Buy". Three investment analysts have rated the stock with a sell rating and eight have given a buy rating to the company. The company presently has a consensus rating of "Hold" and an average price target of $5.03. On during the last trading session the stock increased $0.06 or 2.61%, reaching $2.36.Scorpio Tankers Inc. has volume of 2.39 million shares. The average volume was noted at 4462.58K shares while its relative volume was seen at 0.54. Scorpio Tankers has a twelve month low of $1.87 and a twelve month high of $4.60. For example, if a stock's beta is 1.2, it's theoretically 20% more volatile than the market. However, as 52 Week Range has little to no connection whatsoever with current news or forces affecting companies today, very few investors rely heavily on the metric. Stockholders of record on Monday, March 12th were paid a dividend of $0.01 per share. This represents a $0.04 dividend on an annualized basis and a dividend yield of 2.13%. The ex-dividend date of this dividend was Friday, March 9th. Scorpio Tankers's dividend payout ratio (DPR) is now -5.26%. Finally, American International Group Inc. increased its stake in shares of Scorpio Tankers by 37.2% during the third quarter. Sun Valley Gold Llc acquired 53,688 shares as Mag Silver Corp (MVG)'s stock 0.00%. GSA Capital Partners LLP bought a new position in Scorpio Tankers during the fourth quarter valued at about $244,000.

Wall Street stocks finished lower on Friday (Apr 13) after a batch of earnings reports from large U.S. banks sparked a selloff in financial shares. On the other side it is not a negative indicator for Investor portfolio value when the price of a stock Investor owns moves down in value. "(STNG) This Quarter" was originally reported by The Lincolnian Online and is the sole property of of The Lincolnian Online. If you are viewing this news story on another publication, it was illegally copied and republished in violation of USA & global copyright and trademark law.

Solus Alternative Asset Management Lp who had been investing in Scorpio Tankers Inc for a number of months, seems to be bullish on the $770.56M market cap company. The Company operates through four segments: Handymax, MR, Panamax/LR1 and Aframax/LR2. As of March 15, 2017, it owned 78 tankers comprising 22 LR2 tankers, 14 Handymax tankers, and 42 MR tankers with an average age of approximately 2.3 years; and 19 time chartered-in tankers, including 9 Handymax, 8 MR, 1 LR1, and 1 LR2 tankers.now it has negative earnings.

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