Teekay Tankers (TNK) closed at $43.43, down 1.18% from the previous day, underperforming the S&P 500. Analysts expect TNK to report EPS of $1.35 and revenue of $172.46 million, both down from the prior year. The Zacks Rank system rates TNK as a Hold with a 7.22 Forward P/E ratio.

Investors should pay attention to analyst estimates, as positive revisions often precede stock price gains. Teekay Tankers is currently trading at a discount compared to its industry peers, with a Zacks Rank of #3. The Transportation – Shipping industry ranks in the top 12%, offering potential for growth.

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Read more at Nasdaq: Why Teekay Tankers (TNK) Dipped More Than Broader Market Today