Teekay Tankers stock fell 1.11%, underperforming the market, expected to report decreased EPS and revenue

From Nasdaq: 2025-01-31 18:00:17

Teekay Tankers (TNK) closed at $41.92, down 1.11% from the previous day. The stock underperformed the S&P 500, which had a 0.51% loss. In the past month, TNK has gained 2.76%, lower than the Transportation sector’s 5.35% and the S&P 500’s 2.87% increase.

Teekay Tankers is expected to report an EPS of $1.49, a 48.08% decline from last year. Revenue is estimated at $158.26 million, down 18.62% YoY. Analyst estimate changes can signal business trends. TNK currently holds a Zacks Rank of #5 (Strong Sell) with a Forward P/E ratio of 5.95.

The Transportation – Shipping industry has a PEG ratio of 1.98, higher than the industry average of 1.27. This industry ranks in the bottom 2% of over 250 industries. Utilize Zacks.com to monitor stock metrics. Zacks’ top pick for potential gains includes a fast-growing financial firm with innovative solutions.



Read more at Nasdaq: Teekay Tankers (TNK) Falls More Steeply Than Broader Market: What Investors Need to Know