21.5 C
New York
Tuesday, June 6, 2023

Momentum Is Strong For Scorpio Tankers Inc. (NYSE: STNG)

After Hours

There is a slight risk associated with trading before and after the market open. Due to lower liquidity and higher volatility, extended-hours trading may result in wider spreads on particular security due to the release of critical financial information after regular trading hours. After-hours trades for Scorpio Tankers Inc. (STNG) shows that investor sentiment remained intact, with the stock’s consolidated last price rising by $0.12, or 0.24%, to $50.13. The Scorpio Tankers Inc. has recorded 8,997 volume in the after hours trading session. Earlier, Yahoo Finance discussed this stock as it revealed Scorpio Tankers Announces Repurchases of Its Common Shares.

Unlock the Hottest Top 10 Penny Stocks Today! Discover Now

Dive into the world of lucrative penny stocks with MarketClub's groundbreaking "Smart Scan" technology! Get an instant snapshot of the top 50 high volume stocks with a clear direction and outstanding liquidity - in other words, the strongest trending. To unlock this exclusive list, simply provide your first name, last name, and email for instant access.

Gain Access to Top 10 Penny Stocks Now!.

Sponsored

Stocks Info

This NYSE-listed company operates within the Oil & Gas Midstream industry segment, falling under the Energy sector. At the end of the last regular session, the stock closed at $50.01 and fluctuated between $50.50 as its day high and $48.45 as its day low. The current market capitalization of Scorpio Tankers Inc. is $2.87B. A total of 1.01 million shares were traded on the day, compared to an average of 1.30M shares.

Dividend

The income generated by dividends is an indication that a company is improving its financial position, which is why investors prefer companies paying dividends. Scorpio Tankers Inc. pays an annual dividend of $1.00, resulting in a dividend yield of 2.00%, and it has a price to earnings (P/E) ratio of 3.39. STNG’s most recent ex-dividend date was 6/12/2023 when it declared a $0.25 quarterly dividend that was paid in cash on 6/30/2023. Previously, the company paid the dividend on 3/31/2023 with an ex-dividend date of 3/6/2023. The STNG stock dividend was $0.20 per share in cash.

Even though price targets are rarely accurate, they do tend to exert some kind of influence from time to time and are often considered important by markets. According to analysts who have offered 12-month price targets for STNG in the last 3 months, the mean price target is $76.19 with high estimates of $95.00 and low estimates of $55.00. In terms of 52-week highs and lows, STNG has a high of $64.20 and a low of $28.47.

As of this writing, STNG has an earnings estimate of $2.8 per share for the current quarter. EPS was calculated based on a consensus of 10 estimates, with a high estimate of $3.79 per share and a lower estimate of $1.93. The company reported an EPS of $4.24 in the last quarter, which was -1.20% lower than expectations of $4.29.

Balance Sheet Annually/Quarterly

In a balance sheet, you can see what assets and liabilities the company has, as well as how much equity investors have invested. These figures can be used to calculate a company’s financial ratios to give investors a better idea of its prospects. STNG’s latest balance sheet shows that the firm has $230.41M in Cash & Short Term Investments as of fiscal 2021. There were $3.12B in debt and $527.84M in liabilities at the time. Its Book Value Per Share was $44.93, while its Total Shareholder’s Equity was $1.84B.

Analysts Opinion

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for STNG is Buy with a score of 4.71.

Related Articles

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Latest Articles