Core Insights - Teekay Tankers Ltd. reported its financial results for the quarter and year ended December 31, 2024, and declared a cash dividend of $0.25 per share, payable on March 14, 2025, to shareholders of record as of March 3, 2025 [1]. Company Overview - Teekay Tankers operates a fleet of 39 double-hull tankers, which includes 23 Suezmax tankers and 16 Aframax/LR2 tankers, along with five time-chartered oil and product tankers [3]. - The company's vessels are typically utilized through a combination of spot market trading and short- to medium-term fixed-rate time charter contracts [3]. - Teekay Tankers also owns a Very Large Crude Carrier (VLCC) through a 50 percent-owned joint venture and manages vessels for the Australian Government and energy companies [3]. - Additionally, the company operates a ship-to-ship transfer business that provides full-service lightering and support operations in the U.S. Gulf and Caribbean [3]. - Teekay Tankers was established in December 2007 by Teekay Corporation Ltd. [3].

Company Performance - Teekay Tankers (TNK) closed at $41.70, reflecting a -1.56% change from the previous day's closing price, underperforming compared to the S&P 500's daily loss of 0.95% [1] - Over the past month, shares of Teekay Tankers have increased by 0.59%, which is lower than the Transportation sector's gain of 4.51% and the S&P 500's gain of 1.86% [1] Upcoming Earnings - Analysts expect Teekay Tankers to report earnings of $1.49 per share, indicating a year-over-year decline of 48.08% [2] - The consensus estimate for revenue is $158.26 million, down 18.62% from the same quarter last year [2] Analyst Estimates - Recent adjustments to analyst estimates for Teekay Tankers are crucial as they reflect short-term business trends, with positive revisions indicating a favorable outlook on the company's health and profitability [3] Zacks Rank and Valuation - Teekay Tankers currently holds a Zacks Rank of 5 (Strong Sell), with the Zacks Consensus EPS estimate decreasing by 6.56% in the past month [5] - The company has a Forward P/E ratio of 5.95, which is lower than the industry average of 9.03, and a PEG ratio of 1.98 compared to the industry average of 1.44 [6] Industry Context - The Transportation - Shipping industry, which includes Teekay Tankers, ranks in the bottom 6% of all industries according to the Zacks Industry Rank, indicating weaker performance compared to other sectors [7]

Company Performance - Teekay Tankers' stock closed at $41.92, down 1.11% from the previous trading day, underperforming the S&P 500 which lost 0.51% [1] - The stock has increased by 2.76% over the past month, lagging behind the Transportation sector's gain of 5.35% and the S&P 500's gain of 2.87% [1] Upcoming Financial Results - The projected earnings per share (EPS) for Teekay Tankers is $1.49, representing a 48.08% decrease from the same quarter last year [2] - Revenue is estimated to be $158.26 million, indicating an 18.62% decrease compared to the same quarter of the previous year [2] Analyst Estimates and Valuation - Recent changes in analyst estimates for Teekay Tankers are important as they reflect the evolving business trends [3] - The Zacks Rank system, which incorporates estimate changes, currently rates Teekay Tankers as 5 (Strong Sell), with a 6.56% decrease in the consensus EPS estimate over the last 30 days [4][5] - Teekay Tankers has a Forward P/E ratio of 5.95, which is lower than the industry average of 8.65 [6] - The company has a PEG ratio of 1.98, compared to the Transportation - Shipping industry's average PEG ratio of 1.27 [7] Industry Context - The Transportation - Shipping industry, which includes Teekay Tankers, has a Zacks Industry Rank of 248, placing it in the bottom 2% of over 250 industries [8]

Company Performance - Teekay Tankers closed at $39.74, reflecting a +0.61% change from the previous day, which is lower than the S&P 500's gain of 0.92% [1] - The stock has increased by 1.65% over the past month, underperforming the Transportation sector's gain of 5.3% and the S&P 500's gain of 0.81% [1] Earnings Report Expectations - Teekay Tankers is projected to report earnings of $1.67 per share, indicating a year-over-year decline of 41.81% [2] - The consensus estimate anticipates revenue of $158.26 million, representing an 18.62% decrease from the same quarter last year [2] Analyst Estimates and Ratings - Recent adjustments to analyst estimates for Teekay Tankers are being monitored, as they reflect changing business trends [3] - The Zacks Rank system, which evaluates estimate changes, currently ranks Teekay Tankers at 5 (Strong Sell), with the Zacks Consensus EPS estimate having decreased by 4.26% in the past month [4][5] Valuation Metrics - Teekay Tankers has a Forward P/E ratio of 5.41, which is lower than the industry's Forward P/E of 7.9, indicating a valuation discount [6] - The company has a PEG ratio of 1.8, compared to the industry average PEG ratio of 1.17 [6] Industry Context - The Transportation - Shipping industry, which includes Teekay Tankers, has a Zacks Industry Rank of 240, placing it in the bottom 5% of over 250 industries [7] - The Zacks Industry Rank measures the average Zacks Rank of individual stocks within the industry, with top-rated industries outperforming the bottom half by a factor of 2 to 1 [7]

Group 1: Company Performance - Teekay Tankers' stock closed at $47.31, reflecting a +0.32% change, which is lower than the S&P 500's gain of 1.83% [1] - Over the past month, shares of Teekay Tankers have increased by 24.63%, outperforming the Transportation sector's decline of 2.55% and the S&P 500's drop of 3.31% [1] Group 2: Upcoming Earnings - The company is expected to report an EPS of $1.81, indicating a 36.93% decrease compared to the same quarter last year [2] - Revenue is anticipated to be $158.26 million, down 18.62% from the prior-year quarter [2] Group 3: Analyst Estimates - Recent changes to analyst estimates for Teekay Tankers reflect shifting business dynamics, with positive revisions indicating analyst optimism about the company's profitability [3] - The Zacks Consensus EPS estimate has decreased by 13.94% over the last 30 days, and Teekay Tankers currently holds a Zacks Rank of 5 (Strong Sell) [5] Group 4: Valuation Metrics - Teekay Tankers has a Forward P/E ratio of 6.18, which is lower than the industry average of 8.03, suggesting it is trading at a discount [6] - The company has a PEG ratio of 2.06, compared to the Transportation - Shipping industry's average PEG ratio of 0.53 [7] Group 5: Industry Context - The Transportation - Shipping industry is ranked 241 in the Zacks Industry Rank, placing it in the bottom 4% of over 250 industries [7][8] - The Zacks Industry Rank indicates that the top 50% of rated industries outperform the bottom half by a factor of 2 to 1 [8]

Group 1 - Teekay Tankers' stock closed at $42.11, reflecting a -1.31% change from the previous day, underperforming the S&P 500's gain of 0.16% [1] - Over the past month, Teekay Tankers' shares increased by 9.43%, outperforming the Transportation sector's decline of 5.71% and the S&P 500's loss of 2.7% [1] Group 2 - The upcoming earnings disclosure for Teekay Tankers is projected to show an EPS of $1.81, which is a 36.93% decrease compared to the same quarter last year [2] - Revenue is expected to be $158.26 million, indicating an 18.62% decline from the corresponding quarter of the previous year [2] Group 3 - Recent changes in analyst estimates for Teekay Tankers suggest a favorable outlook on the company's business health and profitability [3] - The Zacks Rank system, which evaluates estimated changes, currently ranks Teekay Tankers at 5 (Strong Sell), with a consensus EPS estimate that has decreased by 26.22% in the past month [5] Group 4 - Teekay Tankers is trading at a Forward P/E ratio of 5.52, which is lower than the industry average of 7.11, indicating a discount relative to its peers [6] - The company's PEG ratio stands at 1.84, while the Transportation - Shipping industry has an average PEG ratio of 0.52, suggesting differing growth expectations [7] Group 5 - The Transportation - Shipping industry, to which Teekay Tankers belongs, ranks in the bottom 4% of all industries, with a current Zacks Industry Rank of 241 [7][8]

Company Overview - Teekay Tankers (TNK) closed at $39.91, reflecting a slight decrease of -0.03% from the previous day, underperforming the S&P 500 which gained 0.55% [1] - The upcoming earnings release is anticipated, with an expected EPS of $1.81, indicating a significant decline of 36.93% compared to the same quarter last year [2] - Revenue projections are set at $158.26 million, down 18.62% from the previous year [2] Analyst Estimates - Recent changes in analyst estimates for Teekay Tankers suggest a trend in short-term business performance, with positive revisions indicating analyst optimism [3] - Over the past month, the Zacks Consensus EPS estimate has decreased by 26.22%, leading to a current Zacks Rank of 5 (Strong Sell) for the company [5] Valuation Metrics - Teekay Tankers is currently trading at a Forward P/E ratio of 5.24, which is below the industry average of 6.9, indicating a valuation discount [6] - The company has a PEG ratio of 1.75, compared to the Transportation - Shipping industry's average PEG ratio of 0.52 [6] Industry Context - The Transportation - Shipping industry is ranked 233 in the Zacks Industry Rank, placing it in the bottom 8% of over 250 industries [7] - Historical data shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1, highlighting the competitive landscape [7]

The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price. Do they really matter, though?Before we discuss the reliability of brokerage recommendations and how to use them to your advantage, let's see what these Wall Street heavyweights think about Teekay Tankers (TNK) .Teekay Tankers currently has an average bro ...

When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock's price, but are they really important?Before we discuss the reliability of brokerage recommendations and how to use them to your advantage, let's see what these Wall Street heavyweights think about Teekay Tankers (TNK) .Teekay Tankers currently has an average brokerage recommendation (ABR) of ...

Teekay Tankers (TNK) came out with quarterly earnings of $1.83 per share, missing the Zacks Consensus Estimate of $1.90 per share. This compares to earnings of $2.21 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -3.68%. A quarter ago, it was expected that this oil and gas shipping company would post earnings of $3.24 per share when it actually produced earnings of $3.08, delivering a surprise of -4.94%.Over the last four qua ...