Teekay Tankers Ltd.

34.38
-2.26 (-6.17%)
At close: Apr 04, 2025, 3:46 PM

Teekay Tankers Ltd. Statistics

Share Statistics

Teekay Tankers Ltd. has 34.38M shares outstanding. The number of shares has increased by 0.36% in one year.

Shares Outstanding 34.38M
Shares Change (YoY) 0.36%
Shares Change (QoQ) 0.26%
Owned by Institutions (%) 0.01%
Shares Floating 27.33M
Failed to Deliver (FTD) Shares 45
FTD / Avg. Volume 0.01%

Short Selling Information

The latest short interest is 615.96K, so 1.8% of the outstanding shares have been sold short.

Short Interest 615.96K
Short % of Shares Out 1.8%
Short % of Float 2.26%
Short Ratio (days to cover) 1.22

Valuation Ratios

The PE ratio is 3.4 and the forward PE ratio is 4.83. Teekay Tankers Ltd.'s PEG ratio is -0.15.

PE Ratio 3.4
Forward PE 4.83
PS Ratio 1.12
Forward PS 0.9
PB Ratio 0.78
P/FCF Ratio 3.46
PEG Ratio -0.15
Financial Ratio History

Enterprise Valuation

Teekay Tankers Ltd. has an Enterprise Value (EV) of 923.03M.

EV / Sales 0.75
EV / EBITDA 1.83
EV / EBIT 1.96
EV / FCF 2.33

Financial Position

The company has a current ratio of 5.66, with a Debt / Equity ratio of 0.04.

Current Ratio 5.66
Quick Ratio 5.32
Debt / Equity 0.04
Debt / EBITDA 0.12
Debt / FCF 0.16
Interest Coverage 50.88

Financial Efficiency

Return on Equity is 22.98% and Return on Invested Capital is 20.34%.

Return on Equity 22.98%
Return on Assets 20.45%
Return on Invested Capital 20.34%
Revenue Per Employee $527.61K
Profits Per Employee $173.25K
Employee Count 2,330
Asset Turnover 0.62
Inventory Turnover 18.16

Taxes

Income Tax 405K
Effective Tax Rate 0.1%

Stock Price Statistics

The stock price has increased by -38.39% in the last 52 weeks. The beta is -0.17, so Teekay Tankers Ltd.'s price volatility has been lower than the market average.

Beta -0.17
52-Week Price Change -38.39%
50-Day Moving Average 39.6
200-Day Moving Average 49.49
Relative Strength Index (RSI) 39.48
Average Volume (20 Days) 451.14K

Income Statement

In the last 12 months, Teekay Tankers Ltd. had revenue of 1.23B and earned 403.67M in profits. Earnings per share was 11.7.

Revenue 1.23B
Gross Profit 394.3M
Operating Income 380.14M
Net Income 403.67M
EBITDA 505.13M
EBIT 411.54M
Earnings Per Share (EPS) 11.7
Full Income Statement

Balance Sheet

The company has 511.89M in cash and 62.29M in debt, giving a net cash position of 449.6M.

Cash & Cash Equivalents 511.89M
Total Debt 62.29M
Net Cash 449.6M
Retained Earnings 447.06M
Total Assets 1.97B
Working Capital 615.9M
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was 471.91M and capital expenditures -75.34M, giving a free cash flow of 396.57M.

Operating Cash Flow 471.91M
Capital Expenditures -75.34M
Free Cash Flow 396.57M
FCF Per Share 11.5
Full Cash Flow Statement

Margins

Gross margin is 32.07%, with operating and profit margins of 30.92% and 32.84%.

Gross Margin 32.07%
Operating Margin 30.92%
Pretax Margin 32.87%
Profit Margin 32.84%
EBITDA Margin 41.09%
EBIT Margin 30.92%
FCF Margin 32.26%

Dividends & Yields

TNK pays an annual dividend of $3.25, which amounts to a dividend yield of 7.98%.

Dividend Per Share $3.25
Dividend Yield 7.98%
Dividend Growth (YoY) 0%
Payout Ratio 27.94%
Earnings Yield 29.41%
FCF Yield 28.89%
Dividend Details

Analyst Forecast

The average price target for TNK is $55, which is 50.3% higher than the current price. The consensus rating is "Buy".

Price Target $55
Price Target Difference 50.3%
Analyst Consensus Buy
Analyst Count 3
Stock Forecasts

Stock Splits

The last stock split was on Nov 25, 2019. It was a backward split with a ratio of 1:8.

Last Split Date Nov 25, 2019
Split Type backward
Split Ratio 1:8

Scores

Altman Z-Score 5.61
Piotroski F-Score 5