Teekay Tankers .-Teekay Tankers (TNK) Falls More Steeply Than Broader Market: What Investors Need to Know

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]