Teekay Tankers Ltd. (TNK)
Teekay Tankers Ltd. Statistics
Share Statistics
Teekay Tankers Ltd. has 34.29M shares outstanding. The number of shares has increased by 0.68% in one year.
| Shares Outstanding | 34.29M |
| Shares Change (YoY) | 0.68% |
| Shares Change (QoQ) | -0.24% |
| Owned by Institutions (%) | 47.17% |
| Shares Floating | 27.31M |
| Failed to Deliver (FTD) Shares | 608 |
| FTD / Avg. Volume | 0.13% |
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 3.32 and the forward PE ratio is 4.83. Teekay Tankers Ltd.'s PEG ratio is 0.03.
| PE Ratio | 3.32 |
| Forward PE | 4.83 |
| PS Ratio | 1.25 |
| Forward PS | 0.8 |
| PB Ratio | 1.12 |
| P/FCF Ratio | 2.77 |
| PEG Ratio | 0.03 |
Enterprise Valuation
Teekay Tankers Ltd. has an Enterprise Value (EV) of 1.58B.
| EV / Earnings | 3.07 |
| EV / Sales | 1.16 |
| EV / EBITDA | 2.43 |
| EV / EBIT | 2.94 |
| EV / FCF | 2.56 |
Financial Position
The company has a current ratio of 4.4, with a Debt / Equity ratio of 0.14.
| Current Ratio | 4.4 |
| Quick Ratio | 4.02 |
| Debt / Equity | 0.14 |
| Total Debt / Capitalization | 12.4 |
| Cash Flow / Debt | 2.9 |
| Interest Coverage | 19.34 |
Financial Efficiency
Return on equity (ROE) is 0.34% and return on capital (ROIC) is 30.21%.
| Return on Equity (ROE) | 0.34% |
| Return on Assets (ROA) | 0.27% |
| Return on Capital (ROIC) | 30.21% |
| Revenue Per Employee | $858,145.91 |
| Profits Per Employee | $323,063.52 |
| Employee Count | 1,590 |
| Asset Turnover | 0.73 |
| Inventory Turnover | 14.88 |
Taxes
| Income Tax | 9.49M |
| Effective Tax Rate | 0.02 |
Stock Price Statistics
The stock price has increased by -29.31% in the last 52 weeks. The beta is -0.45, so Teekay Tankers Ltd.'s price volatility has been lower than the market average.
| Beta | -0.45 |
| 52-Week Price Change | -29.31% |
| 50-Day Moving Average | 41.06 |
| 200-Day Moving Average | 53.27 |
| Relative Strength Index (RSI) | 33.83 |
| Average Volume (20 Days) | 465.5K |
Income Statement
In the last 12 months, Teekay Tankers Ltd. had revenue of 1.36B and earned 513.67M in profits. Earnings per share was 15.04.
| Revenue | 1.36B |
| Gross Profit | 572.73M |
| Operating Income | 535.91M |
| Net Income | 513.67M |
| EBITDA | 648.42M |
| EBIT | 535.91M |
| Earnings Per Share (EPS) | 15.04 |
Balance Sheet
The company has 365.94M in cash and 215.91M in debt, giving a net cash position of 150.03M.
| Cash & Cash Equivalents | 365.94M |
| Total Debt | 215.91M |
| Net Cash | 150.03M |
| Retained Earnings | 220.02M |
| Total Assets | 1.92B |
| Working Capital | 586.07M |
Cash Flow
In the last 12 months, operating cash flow was 626.07M and capital expenditures -10.2M, giving a free cash flow of 615.87M.
| Operating Cash Flow | 626.07M |
| Capital Expenditures | -10.2M |
| Free Cash Flow | 615.87M |
| FCF Per Share | 18.03 |
Margins
Gross margin is 41.98%, with operating and profit margins of 39.28% and 37.65%.
| Gross Margin | 41.98% |
| Operating Margin | 39.28% |
| Pretax Margin | 38.34% |
| Profit Margin | 37.65% |
| EBITDA Margin | 47.52% |
| EBIT Margin | 39.28% |
| FCF Margin | 45.14% |
Dividends & Yields
TNK pays an annual dividend of $3.25, which amounts to a dividend yield of 7.95%.
| Dividend Per Share | $3.25 |
| Dividend Yield | 7.95% |
| Dividend Growth (YoY) | 0% |
| Payout Ratio | 27.94% |
| Earnings Yield | 39.92% |
| FCF Yield | 47.66% |
Analyst Forecast
The average price target for TNK is $55, which is 46% higher than the current price. The consensus rating is "Buy".
| Price Target | $55 |
| Price Target Difference | 46% |
| Analyst Consensus | Buy |
| Analyst Count | 3 |
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 | 6.78 |
| Piotroski F-Score | 5 |