Scorpio Tankers Inc. (NYSE: STNG) is -12.98% lower on its value in year-to-date trading and has touched a low of $11.02 and a high of $57.71 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The STNG stock was last observed hovering at around $49.05 in the last trading session, with the day’s loss setting it -2.26% off its average median price target of $67.00 for the next 12 months. It is also 45.27% off the consensus price target high of $85.50 offered by 13 analysts, but current levels are 14.93% higher than the price target low of $55.00 for the same period.
Currently trading at $46.79, the stock is -9.16% and -9.75% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.69 million and changing -4.61% at the moment leaves the stock 15.57% off its SMA200. STNG registered 271.05% gain for a year compared to 6-month gain of 24.24%.
The stock witnessed a -14.73% loss in the last 1 month and extending the period to 3 months gives it a -2.62%, and is -8.67% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 5.06% over the week and 4.95% over the month.
Scorpio Tankers Inc. (STNG) has around 26 employees, a market worth around $2.82B and $1.22B in sales. Current P/E ratio is 9.65 and Fwd P/E is 4.98. Profit margin for the company is 26.90%. Distance from 52-week low is 324.59% and -18.92% from its 52-week high. The company has generated returns on investments over the last 12 months (-2.00%).
Scorpio Tankers Inc. (STNG) Analyst Forecasts
Analyst recommendations provided by FactSet shows that the consensus forecast for Scorpio Tankers Inc. (STNG) is a “Buy”. 13 analysts offering their recommendations for the stock have an average rating of 1.50, where 1 rate it as a Hold and 0 think it is a “Overweight”. 12 of the analysts rate the stock as a “Buy”. 0 analysts have rated the stock as a Sell or Underperform.
The EPS is expected to shrink by -356.70% this year.
Scorpio Tankers Inc. (STNG) Top Institutional Holders
The shares outstanding are 55.00M, and float is at 48.45M with Short Float at 5.88%.