$-0.08 EPS Expected for Scorpio Tankers Inc. (STNG)

January 20, 2018 - By Marguerite Chambers

 $ 0.08 EPS Expected for Scorpio Tankers Inc. (STNG)

Analysts expect Scorpio Tankers Inc. (NYSE:STNG) to report $-0.08 EPS on February, 12.They anticipate $0.10 EPS change or 55.56 % from last quarter’s $-0.18 EPS. After having $-0.15 EPS previously, Scorpio Tankers Inc.’s analysts see -46.67 % EPS growth. The stock increased 1.66% or $0.05 during the last trading session, reaching $3.07. About 3.54M shares traded or 8.26% up from the average. Scorpio Tankers Inc. (NYSE:STNG) has declined 23.80% since January 20, 2017 and is downtrending. It has underperformed by 40.50% the S&P500.

Scorpio Tankers Inc. (NYSE:STNG) Ratings Coverage

Among 9 analysts covering Scorpio Tankers Inc. (NYSE:STNG), 7 have Buy rating, 0 Sell and 2 Hold. Therefore 78% are positive. Scorpio Tankers Inc. had 31 analyst reports since July 21, 2015 according to SRatingsIntel. On Tuesday, July 26 the stock rating was downgraded by UBS to “Neutral”. ABN Amro upgraded Scorpio Tankers Inc. (NYSE:STNG) on Friday, July 1 to “Hold” rating. The rating was downgraded by Deutsche Bank on Tuesday, November 15 to “Hold”. UBS upgraded it to “Buy” rating and $5.5 target in Monday, November 13 report. On Monday, August 28 the stock rating was maintained by Jefferies with “Buy”. Jefferies maintained it with “Buy” rating and $600 target in Monday, July 3 report. The stock has “Buy” rating by Jefferies on Monday, December 18. The firm has “Overweight” rating by Morgan Stanley given on Friday, November 17. The stock of Scorpio Tankers Inc. (NYSE:STNG) earned “Buy” rating by Stifel Nicolaus on Monday, September 18. The rating was upgraded by Deutsche Bank on Thursday, February 18 to “Buy”.

Scorpio Tankers Inc., together with its subsidiaries, engages in the seaborne transportation of refined petroleum products worldwide. The company has market cap of $968.88 million. As of March 15, 2017, it owned 78 tankers comprising 22 LR2 tankers, 14 Handymax tankers, and 42 MR tankers with an average age of approximately 2.3 years; and 19 time chartered-in tankers, including 9 Handymax, 8 MR, 1 LR1, and 1 LR2 tankers. It currently has negative earnings.

Another recent and important Scorpio Tankers Inc. (NYSE:STNG) news was published by Prnewswire.com which published an article titled: “Morning Technical Insight on These Shipping Stocks — Safe Bulkers, Ship …” on January 17, 2018.

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