Scorpio Tankers Inc (STNG) Stock Forecast & Predictions

Scorpio Tankers Inc STNG: $18.04

, 9 Boulevard Charles Iii, Monaco, Monaco. | Sector: Transportation and Warehousing | Exchange: NEW YORK STOCK EXCHANGE, INC. | Web: http://www.scorpiotankers.com/

  • Market Cap$1.08B
  • Change (52 Weeks)-24.57%
  • Low (52 Weeks)$8.15
  • Scorpio Tankers Inc (STNG) Forecast Based on Technical Analysis


    Neutral
    Based on 16 Technical Indicators where 31.25% are on Buy, 18.75% on Sell, and 50.00% Neutral.

    According to the market data, Scorpio Tankers Inc (STNG) stock price is $18.04 and the 52 weeks low is $8.15, which means the Scorpio Tankers Inc stock price is down -24.57% in the last 12 months.

    Scorpio Tankers Inc (STNG) Stock Price is not Trending currently as per the Weekly Chart, which means the price may range between specific high and low levels for the next few months, unless some significant changes take place in the market performance or news.

    Technical Indicators are algorithms that are used mostly by Technical traders to predict the price action of a stock.

    Based on our analysis of 16 technical indicators, 31.25% are indicating that STNG Stock price might rise further, 18.75% indicating that STNG Stock price might fall, and 50.00% are in a neutral position.

    Based on these technical algorithms, overall STNG stock price has a Neutral Signal, which means the stock price has the potential to move either up or down, depending on the nature of consolidating market phase, since majority of indicators are providing a neutral signal.

    Scorpio Tankers Inc (STNG) Stock Forecast By Analysts


    Strong Buy
    Analysts Recommendations for Scorpio Tankers Inc (STNG) is based on 19 Institutional Analyst Ratings where 42.11% are on Strong Buy, 31.58% on Moderate Buy, 21.05% remains on Hold, 5.26% are on Moderate Sell and 0.00% are on Strong Sell.

    Out of 19 Institutional Analysts, majority recommended STNG stock as Strong Buy. Since most investors and traders follow analyst ratings closely, this can be a potentially driving factor for the future stock price of Scorpio Tankers Inc.

    Scorpio Tankers Inc (STNG) Stock Price Prediction By Analysts


    HighLowAverage
    $36.75$12.63$21.72
    $21.7220.39% Upside
    Updated: 2021-04-22 00:00:00

    The Average Price target for STNG set by the institutional analysts is $21.72 where High Estimate is $36.75, Median $20.4 and Low $12.63.

    The average price target for STNG by Institutional Analysts is $21.72, which is 20.39% Upside from the current price. So according to the Institutional Analysts, STNG Stock might be a bit undervalued at this stage and there’s potential for upside.

    However, although Institutional Analysts set their price targets after extensive research, they’re not always correct. After all, the market is mostly driven by investors speculation and emotion than just concrete numbers.

    Scorpio Tankers Inc (STNG) Stock Forecasts By Institutional Analysts


    Analyst
    Recommendation
    Action
    HC Wainwright & Co.BuyInitiated
    JefferiesBuyMaintained
    JefferiesBuyMaintained
    JefferiesBuyMaintained
    StifelBuyMaintained
    B of A SecuritiesBuyMaintained
    B. Riley FBRBuyMaintained
    ParetoHoldDowngraded
    StifelBuyUpgraded
    DNB MarketsHoldDowngraded
    Stifel NicolausHoldDowngraded
    Stifel NicolausBuyMaintained
    JP MorganOverweightUpgraded
    B. Riley FBRBuyUpgraded
    JP MorganNeutralDowngraded
    BTIG ResearchBuyInitiated
    Morgan StanleyOverweightMaintained
    Bank of AmericaBuyMaintained
    Morgan StanleyOverweightMaintained
    Bank of AmericaBuyMaintained
    Credit SuisseOutperformMaintained
    Morgan StanleyOverweightMaintained
    Morgan StanleyOverweightMaintained
    UBSBuyUpgraded
    Bank of AmericaBuyUpgraded
    ABN AmroBuyUpgraded
    Clarksons PlatouBuyUpgraded
    Morgan StanleyOverweightUpgraded
    Bank of AmericaUnderperformDowngraded
    Deutsche BankHoldDowngraded
    Credit SuisseOutperformMaintained
    Clarksons PlatouNeutralDowngraded
    JefferiesBuyMaintained
    UBSNeutralDowngraded
    ABN AmroHoldUpgraded
    Credit SuisseOutperformMaintained
    Deutsche BankBuyUpgraded
    JefferiesBuyMaintained
    Deutsche BankHoldInitiated
    Bank of AmericaBuyInitiated
    JP MorganOverweightUpgraded
    JP MorganNeutralInitiated
    DNB MarketsBuyUpgraded
    Seaport GlobalNeutralDowngraded
    Danske BankBuyInitiated
    Credit SuisseOutperformMaintained
    Seaport GlobalAccumulateInitiated
    MLV & Co.BuyInitiated
    SwedbankBuyUpgraded
    DNB MarketsHoldUpgraded
    GMP SecuritiesBuyInitiated
    SwedbankNeutralDowngraded
    Credit SuisseOutperformUpgraded
    DNB MarketsSellDowngraded
    JefferiesBuyMaintained
    UBSBuyInitiated
    Stifel NicolausBuyMaintained
    JefferiesBuyMaintained
    Morgan StanleyEqual-WeightDowngraded
    SEB EnskildaBuyInitiated
    Stifel NicolausBuyInitiated
    Credit SuisseNeutralInitiated
    RS Platou MarketsBuyMaintained
    Pareto SecuritiesBuyInitiated
    RS Platou MarketsBuyMaintained
    RS Platou MarketsBuyMaintained
    Clarksons PlatouOutperformMaintained
    Global Hunter SecuritiesBuyInitiated
    JefferiesBuyMaintained
    JefferiesBuyInitiated
    Imperial CapitalOutperformInitiated
    Clarkson Capital MarketsOutperformMaintained
    DNB MarketsBuyInitiated
    Morgan StanleyOverweightMaintained

    Scorpio Tankers Inc (STNG) Stock Earning Per Share (EPS) Forecast / Estimate


    $-0.505
    The average consensus EPS for STNG is $-0.505 with a high estimate of $-0.095 and Low of $-0.902 for the period 2021-06-30 and based on 13 Institutional Analysts.

    Last Quarter


    Actual
    Estimate
    Date
    $-0.37$-0.325892020-09-30


    The latest average Earning Per Share Estimate for Scorpio Tankers Inc is $-0.50, which is lower than STNG's last EPS, $-0.37. This means that Analysts are expecting Scorpio Tankers Inc to report lower earnings. This can drive share prices lower since the investors have negative sentiment about market performance of Scorpio Tankers Inc.

    Earning Per Share (EPS) History


    Actual
    Estimate
    Date
    $-0.37$-0.325892020-09-30
    $2.4$2.8670162020-06-30
    $0.82$0.5068382020-03-31
    $0.23$0.57247500000000012019-12-31
    $-0.92$-0.84428459999999992019-09-30
    $-0.62$-0.66085800000000012019-06-30
    $0.3$0.1862012019-03-31
    $-0.38$-0.58055342018-12-31
    $-2.1$-1.9974662018-09-30
    $-1.5$-1.14242018-06-30
    $-1$-0.8067182018-03-31
    $-1.4$-0.8270162017-12-31
    $-1.5$-1.20054000000000022017-09-30
    $-0.9$-0.7001282017-06-30
    $-0.7$-1.0079642017-03-31
    $-1.8$-1.95842016-12-31
    $-1.1$-1.1392382016-09-30
    $0.4$0.310082016-06-30
    $1.9$1.8428342016-03-31
    $2.1$2.1143582015-12-31
    $4.6$4.5750062015-09-30
    $3.2$2.74084200000000022015-06-30
    $2.4$2.45452800000000032015-03-31
    $1.2$1.4520722014-12-31
    $-0.1$0.002042014-09-30
    $-0.6$-0.629342014-06-30
    $0.1$0.297842014-03-31
    $-0.8$0.1500422013-12-31
    $0$0.1515722013-09-30
    $0.3$0.4422722013-06-30
    $0.8$0.5471282013-03-31
    $-1.1$-0.43862012-12-31
    $-1$-1.7956082012-09-30
    $-1$-1.1657582012-06-30
    $-0.2$-0.9182012-03-31
    $-1.6$-1.78500000000000012011-12-31
    $-2.2$-1.8530342011-09-30
    $-1$-0.3062011-06-30
    $-0.6$-0.8840342011-03-31
    $-1.3$-1.17299999999999982010-12-31

    What is Analyst Ratings & Price Targets?

    The analysts provide Buy, Sell or Hold ratings after extensive research of a companies financial reports, listening to conference calls and some of them even get in contact with upper management of the company to get an overall picture of operation.

    Although institutional Analyst’s are not always correct, their ratings are followed by millions of traders around the world and they can heavily influence trading activities for a company.

    As a retail investor, going through analyst ratings will instantly provide you an idea if the stock is worth buying. Top Analysts also provide their price targets. It’s a prediction of where the stock price might go based on their analysis.

    The best way to analyze price targets is to combined average price targets of major analysts. If the average price target is much higher than the current price of the stock, then the probability of a stock going up is also high.

    What is Technical Analysis?

    Technical Analysis refers to analyzing a stock's price over a period of time. In the financial market, past price patterns are one of the strongest indicators of an asset's future performance.

    In easier terms, millions of traders use Live Charts to watch the stock prices, it is actually a single source of truth for most traders. When a stock's price reaches a significant price level/pattern in the chart, millions of traders take buy/sell positions from those levels.

    As a regular investor, one of the easiest ways to check technical analysis of a stock is through Technical Indicators. Technical Indicators are programmed algorithms that monitor price changes in the Charts and indicate Buy/Sell based on market conditions.

    Some Technical Indicators can be very powerful (e.g SMA) and some can be pretty useless. Stock research tools like iTradely heavily simplify the technical analysis process for the investors by showing Buy/Sell/Neutral ratings combined from 17 powerful technical indicators, all in one page.

    What is Earnings Per Share (EPS) and Why is it Important?

    EPS, or Earning Per Share, can tell a lot about a stock’s performance. It’s calculated by dividing a company’s profit by the number of outstanding shares of its common stocks.

    In layman’s term, earnings is an indicator of a company’s profitability. Higher the earnings, the more profitable a company is.
    Some traders pick stocks solely based on EPS or earnings Analysis, it is a very powerful indicator of a stock’s price.

    Before you buy a stock, check the company’s earnings History and Surprises. A Surprise happens when a company reports a much higher or lower actual earnings/EPS than the forecasted earnings/EPS.

    If a company reports higher EPS surprises consistently, analysts keep raising their estimates, traders become more confident in the company, driving the share price higher.

    What is Stock Sentiment?

    Stock Sentiment refers to how people speculating about the stock or what kind of trading position investors are often taking.

    There are different kinds of sentiments you can find online for a company, this includes Investor Sentiment (Percentage of investors buying or selling), News Sentiment (Is the company getting positive or negative impressions from the Press?), Social Sentiment (The overall trends about the company in social media, is it negative or positive?).