Teekay Tankers Ltd. (TNK)
Teekay Tankers Statistics
Share Statistics
Teekay Tankers 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 (%) | 51.12% |
| Shares Floating | 27.39M |
| Failed to Deliver (FTD) Shares | 750 |
| FTD / Avg. Volume | 0.15% |
Short Selling Information
The latest short interest is 642.57K, so 1.87% of the outstanding shares have been sold short.
| Short Interest | 642.57K |
| Short % of Shares Out | 1.87% |
| Short % of Float | 2.72% |
| Short Ratio (days to cover) | 1.8 |
Valuation Ratios
The PE ratio is 3.4 and the forward PE ratio is 5.51. Teekay Tankers's PEG ratio is -0.15.
| PE Ratio | 3.4 |
| Forward PE | 5.51 |
| PS Ratio | 1.12 |
| Forward PS | 1.1 |
| PB Ratio | 0.78 |
| P/FCF Ratio | 3.46 |
| PEG Ratio | -0.15 |
Enterprise Valuation
Teekay Tankers 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 -27.92% in the last 52 weeks. The beta is -0.17, so Teekay Tankers's price volatility has been lower than the market average.
| Beta | -0.17 |
| 52-Week Price Change | -27.92% |
| 50-Day Moving Average | 38.5 |
| 200-Day Moving Average | 47.25 |
| Relative Strength Index (RSI) | 61.34 |
| Average Volume (20 Days) | 509.53K |
Income Statement
In the last 12 months, Teekay Tankers 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 |
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 |
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 |
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% |
Analyst Forecast
The average price target for TNK is $51, which is 20.6% higher than the current price. The consensus rating is "Buy".
| Price Target | $51 |
| Price Target Difference | 20.6% |
| 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 | 5.82 |
| Piotroski F-Score | 5 |