Teekay Tankers .-Teekay Tankers (TNK) Rises Yet Lags Behind Market: Some Facts Worth Knowing

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]