Teekay Tankers (TNK) Stock Declines While Market Improves: Some Information for Investors

From Nasdaq: 2025-03-31 18:15:00

Teekay Tankers (TNK) closed at $38.27, down 1.06% from the previous day, trailing the S&P 500. The stock has risen by 2.49% in the past month, outperforming the Transportation sector and S&P 500 losses.

Analysts expect Teekay Tankers to post earnings of $1.34 per share in the next report, a 65.28% decline from last year. Zacks forecasts full-year earnings of $6.74 per share, a 34.63% decrease, and revenue of $662.04 million, a 9.44% drop.

Teekay Tankers currently holds a Zacks Rank of #4 (Sell) with a Forward P/E ratio of 5.74, indicating a discount compared to the industry average. The Transportation – Shipping industry ranks 155 out of 250+ industries, showing room for improvement.

Zacks names a top semiconductor stock with significant growth potential in Artificial Intelligence, Machine Learning, and Internet of Things. With global semiconductor manufacturing projected to reach $803 billion by 2028, this stock stands out for investors seeking growth opportunities.



Read more at Nasdaq: Teekay Tankers (TNK) Stock Declines While Market Improves: Some Information for Investors