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TNK
Stock ticker: NYSE
AS OF
Apr 25, 04:59 PM (EDT)
Price
$42.31
Change
+$1.57 (+3.85%)
Capitalization
1.99B

TNK Teekay Tankers Ltd Forecast, Technical & Fundamental Analysis

Teekay Tankers Ltd is a provider of marine services to the global oil and natural gas industries and an operator of medium-sized oil tankers... Show more

TNK
Daily Signalchanged days ago
Gain/Loss if bought
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A.I.Advisor
a Summary for TNK with price predictions
Apr 24, 2025

TNK's MACD Histogram crosses above signal line

The Moving Average Convergence Divergence (MACD) for TNK turned positive on April 11, 2025. Looking at past instances where TNK's MACD turned positive, the stock continued to rise in of 41 cases over the following month. The odds of a continued upward trend are .

Price Prediction Chart

Technical Analysis (Indicators)

Bullish Trend Analysis

The RSI Indicator points to a transition from a downward trend to an upward trend -- in cases where TNK's RSI Indicator exited the oversold zone, of 23 resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .

The Momentum Indicator moved above the 0 level on April 16, 2025. You may want to consider a long position or call options on TNK as a result. In of 87 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .

TNK moved above its 50-day moving average on April 23, 2025 date and that indicates a change from a downward trend to an upward trend.

The 10-day moving average for TNK crossed bullishly above the 50-day moving average on April 24, 2025. This indicates that the trend has shifted higher and could be considered a buy signal. In of 15 past instances when the 10-day crossed above the 50-day, the stock continued to move higher over the following month. The odds of a continued upward trend are .

Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where TNK advanced for three days, in of 282 cases, the price rose further within the following month. The odds of a continued upward trend are .

TNK may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.

Bearish Trend Analysis

The Stochastic Oscillator demonstrated that the ticker has stayed in the overbought zone for 7 days. The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.

Following a 3-day decline, the stock is projected to fall further. Considering past instances where TNK declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .

The Aroon Indicator for TNK entered a downward trend on March 20, 2025. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.

Fundamental Analysis (Ratings)

The Tickeron Seasonality Score of (best 1 - 100 worst) indicates that the company is seriously undervalued in the industry. The Tickeron Seasonality score describes the variance of predictable price changes around the same period every calendar year. These changes can be tied to a specific month, quarter, holiday or vacation period, as well as a meteorological or growing season.

The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is slightly undervalued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (1.360) is normal, around the industry mean (47.044). P/E Ratio (4.096) is within average values for comparable stocks, (16.347). Projected Growth (PEG Ratio) (0.000) is also within normal values, averaging (2.837). TNK has a moderately low Dividend Yield (0.016) as compared to the industry average of (0.069). P/S Ratio (1.542) is also within normal values, averaging (2.994).

The Tickeron SMR rating for this company is (best 1 - 100 worst), indicating strong sales and a profitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.

The Tickeron PE Growth Rating for this company is (best 1 - 100 worst), pointing to average earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.

The Tickeron Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating well-balanced risk and returns. The average Profit vs. Risk Rating rating for the industry is 53, placing this stock slightly worse than average.

The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating steady price growth. TNK’s price grows at a higher rate over the last 12 months as compared to S&P 500 index constituents.

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TNK
Daily Signalchanged days ago
Gain/Loss if bought
Show more...
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A.I. Advisor
published Earnings

TNK is expected to report earnings to rise 67.33% to $2.51 per share on October 31

Teekay Tankers Ltd TNK Stock Earnings Reports
Q3'24
Est.
$2.51
Q4'24
Beat
by $0.03
Q2'24
Missed
by $0.03
Q1'24
Beat
by $0.11
Q4'23
Missed
by $0.51
The last earnings report on February 19 showed earnings per share of $1.50, beating the estimate of $1.47. With 714.04K shares outstanding, the current market capitalization sits at 1.99B.
A.I.Advisor
published Dividends

TNK paid dividends on March 14, 2025

Teekay Tankers Ltd TNK Stock Dividends
А dividend of $0.25 per share was paid with a record date of March 14, 2025, and an ex-dividend date of March 03, 2025. Read more...
A.I. Advisor
published General Information

General Information

a company that engages in international marine transportation of crude oil

Industry OilGasPipelines

Profile
Fundamentals
Details
Industry
Marine Shipping
Address
69 Pitts Bay Road
Phone
+1 441 298-2530
Employees
1590
Web
https://www.teekay.com
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TNK and Stocks

Correlation & Price change

A.I.dvisor indicates that over the last year, TNK has been closely correlated with INSW. These tickers have moved in lockstep 87% of the time. This A.I.-generated data suggests there is a high statistical probability that if TNK jumps, then INSW could also see price increases.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To TNK
1D Price
Change %
TNK100%
+3.43%
INSW - TNK
87%
Closely correlated
+2.78%
TK - TNK
85%
Closely correlated
+2.56%
DHT - TNK
83%
Closely correlated
+1.66%
FRO - TNK
82%
Closely correlated
+3.76%
TRMD - TNK
75%
Closely correlated
+2.10%
More

Groups containing TNK

Correlation & Price change

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To TNK
1D Price
Change %
TNK100%
+3.43%
TNK
(9 stocks)
94%
Closely correlated
+3.10%