With 0.77 million shares changed hands, the volume of the stock remained lighter than its average volume of 0.87 million shares. During the session, the Oil & Gas Midstream company that operates in wider Energy sector, reached to the highest price of $48.33 whereas the lowest price it dropped to was $46.73. The 52-week range on STNG shows that it touched its highest point at $84.67 and its lowest point at $45.94 during that stretch. It currently has a 1-year price target of $79.67. With its current market cap of 2.51 billion, STNG has annualized dividend of $1.60 while the current yield stands at 3.39%. STNG paid its most recent dividend on 1723680000, while the ex-dividend date for that was 1732233600. Beta for the stock currently stands at 0.12.
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Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of STNG was up-trending over the past week, with a rise of 0.02%, but this was down by -15.19% over a month. Three-month performance dropped to -30.79% while six-month performance fell -42.46%. The stock lost -24.22% in the past year, while it has lost -22.30% so far this year. A look at the trailing 12-month EPS for STNG yields 13.96 with Next year EPS estimates of 8.94. For the next quarter, that number is 1.49. This implies an EPS growth rate of 3.37% for this year and -17.29% for next year.
Float and Shares Shorts:
At present, 50.53 million STNG shares are outstanding with a float of 49.12 million shares on hand for trading. On 2024-11-29, short shares totaled 3.21 million, which was 636.0 higher than short shares on 1730332800. In addition to Mr. Emanuele A. Lauro as the firm’s Founder, Chairman & CEO, Mr. Robert L. Bugbee serves as its President & Director.
Institutional Ownership:
Through their ownership of 0.71638 of STNG’s outstanding shares, institutional investors have minority control over the company.
An Overview of Recent Financials:
Understanding a company as a customer does not mean you will understand it as an investor. The wise investor uses quantitative research to analyze metrics such as revenue, net income, and earnings. In its fiscal quarter reported on 2024-09-30, STNG reported revenue of $267986000.0 and operating income of $101755000.0. The EBITDA in the recently reported quarter was $154837000.0 and diluted EPS was $3.16.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for STNG since 8 analysts follow the stock currently. There are 7 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 1 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential. With STNG analysts setting a high price target of 108.0 and a low target of 58.0, the average target price over the next 12 months is 79.72727. Based on these targets, STNG could surge 128.62% to reach the target high and rise by 22.78% to reach the target low. Reaching the average price target will result in a growth of 68.77% from current levels.
Analysts have provided yearly estimates in a range of $11.99709 being high and $10.10694 being low. For STNG, this leads to a yearly average estimate of $10.81207.
