Convergence Investment Partners LLC Acquires Shares of 13,921 Teekay Tankers Ltd. - MarketBeat
TNK Stock | USD 39.75 0.66 1.69% |
About 58% of all Teekay Tankers' institutional investors are looking to take a long position. The current sentiment of investing in Teekay Tankers suggests that some traders are interested. Teekay Tankers' investing sentiment shows overall attitude of investors towards Teekay Tankers.
Teekay |
Convergence Investment Partners LLC Acquires Shares of 13,921 Teekay Tankers Ltd. MarketBeat
Read at news.google.com
Teekay Tankers Current Investor Sentiment
Panic Vs Confidence
58
Panic | Confidence |
Today, several news technology companies offer sentiment data to assist traders in manufacturing news sentiment indicators for investment decisions. We partner with these technology firms in helping retail investors build forecasting models that use Teekay Tankers' input sentiment indicators derived from textual data and news published on major financial information outlets and social sites. These indicators can be used to analyze time-dependent numerical information representing public perception toward Teekay Tankers.
News SentimentBullish | Hype SentimentNeutral | Insider SentimentWaiting |
Teekay Tankers Investor Sentiment by Other News Outlets
Investor sentiment, mood or attitude towards Teekay Tankers can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.
Teekay Tankers Fundamental Analysis
We analyze Teekay Tankers' financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Teekay Tankers using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Teekay Tankers based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Last Dividend Paid
Last Dividend Paid Comparative Analysis
Teekay Tankers is currently under evaluation in last dividend paid category among its peers. Last Dividend Paid refers to dividend per share(DPS) paid to the shareholder the last time dividends were issued by a company. In its conventional sense, dividends refer to the distribution of some of a company's net earnings or capital gains decided by the board of directors.
Teekay Tankers Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Teekay Tankers stock to make a market-neutral strategy. Peer analysis of Teekay Tankers could also be used in its relative valuation, which is a method of valuing Teekay Tankers by comparing valuation metrics with similar companies.
Peers
Teekay Tankers Related Equities
GLBS | Globus Maritime | 4.42 | ||||
PSHG | Performance Shipping | 3.47 | ||||
ESEA | Euroseas | 2.87 | ||||
PXS | Pyxis Tankers | 2.45 | ||||
CTRM | Castor Maritime | 0.70 | ||||
USEA | United Maritime | 0.54 | ||||
SB | Safe Bulkers | 0.28 | ||||
SHIP | Seanergy Maritime | 0.14 | ||||
KNOP | KNOT Offshore | 0.91 |
Check out Teekay Tankers Hype Analysis, Teekay Tankers Correlation and Teekay Tankers Performance. For more information on how to buy Teekay Stock please use our How to buy in Teekay Stock guide.You can also try the FinTech Suite module to use AI to screen and filter profitable investment opportunities.
Is Oil & Gas Storage & Transportation space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Teekay Tankers. If investors know Teekay will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Teekay Tankers listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.28) | Dividend Share 0.25 | Earnings Share 12.18 | Revenue Per Share 34.7 | Quarterly Revenue Growth (0.15) |
The market value of Teekay Tankers is measured differently than its book value, which is the value of Teekay that is recorded on the company's balance sheet. Investors also form their own opinion of Teekay Tankers' value that differs from its market value or its book value, called intrinsic value, which is Teekay Tankers' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Teekay Tankers' market value can be influenced by many factors that don't directly affect Teekay Tankers' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Teekay Tankers' value and its price as these two are different measures arrived at by different means. Investors typically determine if Teekay Tankers is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Teekay Tankers' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.