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Teekay Tankers (TNK) Stock Falls Amid Market Uptick: What Investors Need to Know
TNKTeekay Tankers .(TNK) ZACKS·2025-01-10 00:05

Group 1 - Teekay Tankers' stock closed at 42.11,reflectinga1.3142.11, 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]