Scorpio Tankers Inc. (STNG) Analysts See $-0.07 EPS on April, 25

Angelo Anderson
April 21, 2018

Conversely, a stock with a beta below 1 is seen as less risky than the overall market. The stock of FARO Technologies, Inc. Many market traders also use moving averages to determine profitable entry and exit points into specific securities. Finally, Credit Suisse Group cut their price target on shares of Scorpio Tankers from $5.00 to $4.00 and set an "outperform" rating on the stock in a report on Thursday, February 15th. (NYSE:STNG) is a huge mover today! Wells Fargo & Company MN now owns 576,751 shares of the shipping company's stock worth $1,978,000 after buying an additional 18,693 shares during the period. About 783,324 shares traded. Nordic American Tankers Limited (NYSE:NAT) has declined 75.38% since April 20, 2017 and is downtrending. The stock underperformed the S&P500 by 64.16%. Alliancebernstein LP reported 19,632 shares stake. The Deutsche Bank Ag holds 237,858 shares with $2.17M value, up from 183,502 last quarter.

Scorpio Tankers Inc., together with its subsidiaries, engages in the seaborne transportation of refined petroleum products worldwide.The company has $779.33 million market cap. The relative volume of the stock is 0.59 while its market cap is $0.78 billion. It now has negative earnings. Five analysts have issued estimates for Scorpio Tankers' earnings. (NYSE:STNG) to report earnings on April, 25.

Scorpio Tankers Inc. (STNG) stock price traded at a gap of 15.41% from an average price of last twenty days and stands at a distance of 8.31% away from it's an average price of recent fifty days.

Analysts are expecting average earnings estimates of $-0.06 for the current quarter based on the opinion of 11 analysts, relating to high earnings per share estimates of $0.03 and low estimates of $-0.09, however Scorpio Tankers Inc (NYSE:STNG) reported $-0.07 earnings per share for the same quarter past year. Morgan Stanley maintained it with "Overweight" rating and $37 target in Friday, February 2 report.


Among 9 analysts covering Nordic American Tanker Shipping (NYSE:NAT), 1 have Buy rating, 2 Sell and 6 Hold. Therefore 38% are positive.

According to Zacks, analysts expect that Scorpio Tankers will report full-year sales of $160.45 million for the current fiscal year, with estimates ranging from $673.75 million to $781.50 million. On Monday, October 30 the stock rating was maintained by Canaccord Genuity with "Buy". Jefferies maintained Scorpio Tankers Inc. (NYSE:STNG) rating. UBS has "Buy" rating and $5.5 target. (1.0 Strong Buy, 2.0 Buy, 3.0 Hold, 4.0 Sell, 5.0 Strong Sell). The rating was maintained by Morgan Stanley with "Overweight" on Friday, November 17. Over the past twelve months, Scorpio Tankers Inc. (NYSE:STNG) are owned by insiders with 0.00% six-month change in the insider ownership. On Thursday, November 16 the stock has "Buy" rating by Jefferies. (NYSE:STNG) earned "Buy" rating by Jefferies on Monday, July 3. On Monday, December 18 the rating was initiated by Jefferies with "Buy". The firm has "Buy" rating by Stifel Nicolaus given on Tuesday, November 28. As per Friday, February 9, the company rating was maintained by Mizuho. The short sellers will then buy the stock back at a much lower price and replace the borrowed shares, pocketing the difference.

Resolution Capital Ltd holds 4.83% of its portfolio in Equity LifeStyle Properties, Inc. for 1.21 million shares. Basswood Cap Mngmt Lc owns 1.16M shares or 1.59% of their United States portfolio. Moreover, L & S Advisors Inc has 1.32% invested in the company for 97,103 shares. The New York-based Cullen Capital Mngmt has invested 0% in United Community Financial Corp. Aew Capital Management L P, a Massachusetts-based fund reported 536,476 shares.

According to 2 analysts Pulmatrix Inc (NASDAQ:PULM)'s price will reach at $3.5 during 52 weeks. The company is expected to announce its next quarterly earnings report on Wednesday, April 25th. A year ago the company's sales were $120270 while its sales growth yearly estimates for the current quarter are 33.2%. ELS's profit will be $98.35M for 21.28 P/E if the $1.04 EPS becomes a reality. Analysts predict $-0.07 earnings per share, which is $0.00 or 0.00 % from 2017's $-0.07 earnings per share. The business had revenue of $148.40 million for the quarter, compared to analysts' expectations of $148.90 million. Given that earnings are what matter most to investors, analysts tend to place a greater weight on the P/E.

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