
Company Performance - Teekay Tankers closed at $43.43, reflecting a -1.18% change from the previous day, underperforming the S&P 500 which lost 0.4% [1] - The stock has decreased by 4.23% over the past month, while the Transportation sector and S&P 500 gained 4.86% and 4.97% respectively [1] Earnings Expectations - The upcoming earnings report is expected to show an EPS of $1.35, a decline of 56.17% from the same quarter last year [2] - Revenue is projected to be $172.46 million, indicating a 12.23% decrease compared to the previous year’s quarter [2] Annual Estimates - For the annual period, earnings are anticipated to be $6.09 per share, down 40.93%, with revenue expected at $646.53 million, reflecting an 11.56% decrease from last year [3] - Recent changes in analyst estimates may indicate evolving business trends, with positive revisions suggesting analyst optimism [3] Valuation Metrics - Teekay Tankers is currently trading at a Forward P/E ratio of 7.22, which is lower than the industry average of 9, indicating a discount relative to its peers [6] - The Transportation - Shipping industry holds a Zacks Industry Rank of 29, placing it in the top 12% of over 250 industries [6] Zacks Rank System - The Zacks Rank system, which ranges from 1 (Strong Buy) to 5 (Strong Sell), has shown that 1 stocks have returned an average annual gain of +25% since 1988 [5] - Teekay Tankers currently holds a Zacks Rank of 3 (Hold), with the consensus EPS estimate having decreased by 5.88% over the past month [5]