The stock is a Buy among 3 brokerage firms polled by Factset Research. (NASDAQ:RAVE) has "Neutral" rating given on Thursday, May 12 by Roth Capital. (NYSE:STNG) rating on Monday, September 18. The Company's fleet consists of approximately 78 tankers (over 18 LR2 tankers, approximately 14 Handymax tankers and over 46 MR tankers) with a weighted average age of approximately 1.5 years, and approximately 11 time chartered-in tankers, which it operates (approximately three LR2 tankers, a LR1 tanker, over four MR tankers and approximately three Handymax tankers), which it refers to collectively as its Operating Fleet. On Monday, October 30 the stock rating was maintained by Jefferies with "Buy". As per Friday, July 21, the company rating was maintained by Stifel Nicolaus. Zacks Investment Research upgraded Scorpio Tankers from a "sell" rating to a "hold" rating in a research report on Wednesday, December 14th. (NYSE:STNG) earned "Overweight" rating by Morgan Stanley on Tuesday, February 14. The company was upgraded on Wednesday, January 4 by Mizuho. (NYSE:STNG) on Thursday, November 16 with "Buy" rating.
Among 9 analysts covering Scorpio Tankers Inc. The shipping company reported ($0.15) earnings per share for the quarter, missing the Zacks' consensus estimate of ($0.11) by ($0.04).
Analysts are expecting average earnings estimates of $-0.08 for the current quarter based on the opinion of 12 analysts, relating to high earnings per share estimates of $-0.04 and low estimates of $-0.14, however Scorpio Tankers Inc (NYSE:STNG) reported $-0.18 earnings per share for the same quarter past year. It closed at $3.29 lastly. It has underperformed by 40.50% the S&P500.
Since September 13, 2017, it had 0 insider purchases, and 2 sales for $247,258 activity. $402,235 worth of stock was sold by MANN JENNIFER K on Monday, August 7. About 406,340 shares traded. This represents a $0.04 dividend on an annualized basis and a yield of 1.22%. It turned negative, as 26 investors sold MPLX LP shares while 79 reduced holdings. 94 funds opened positions while 456 raised stakes. The stock's average target of $65.50 is -32.83% below today's ($97.52) share price. Moreover, Edmp has 0.4% invested in Digital Realty Trust, Inc. Kistler holds 279 shares. Palisades Hudson Asset Mgmt Ltd Partnership holds 9,646 shares or 0.25% of its portfolio. Scorpio Tankers Inc. (NYSE:STNG) has declined 23.80% since January 12, 2017 and is downtrending. Principal Financial Group Inc. now owns 27,152 shares of the shipping company's stock valued at $108,000 after purchasing an additional 1,316 shares in the last quarter. Obermeyer Wood Investment Counsel Lllp accumulated 0.72% or 236,716 shares. However, the institutional investors are observed to own 61.20% of the total shares. Miller Howard Invests New York accumulated 4.44M shares or 3.2% of the stock. After a recent check, it is observed that the insiders for the firm now own 3.20% shares. Loomis Sayles And L P stated it has 0% of its portfolio in MPLX LP (NYSE:MPLX). Vitol Holding Sarl bought 1.18 million shares as the company's stock declined 3.95% while stock markets rallied. It has a 183.17 P/E ratio. The firm engages in gathering, processing, and transportation of natural gas; the gathering, transportation, fractionation, storage, and marketing of natural gas liquids; and the gathering, transportation, and storage of crude oil and refined petroleum products. Scorpio Tankers has a 12-month low of $2.99 and a 12-month high of $4.84. (NASDAQ:IMMU) valuations. The stock trades on a P/S of 848.63, which suggests that the shares are not attractive compared with peers. (NASDAQ:WINS) has 0.00% since January 10, 2017 and is. It has underperformed by 5.22% the S&P500.
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