
Scorpio Tankers (STNG) Stock Forecast & Price Target
Scorpio Tankers (STNG) Analyst Ratings
Bulls say
Scorpio Tankers Inc. benefits from a leading market position in the petroleum transportation industry, with a significant focus on its eco-friendly fleet that spans multiple vessel segments, especially its revenue-generating LR2 tankers. The company is poised for improved performance in the upcoming quarter, as evidenced by stronger spot rates and better bookings, which contribute to enhanced utilization and operational efficiencies compared to its competitors. Additionally, Scorpio Tankers has demonstrated robust cash flow generation and an ability to navigate market volatility, positioning it favorably for sustained growth amidst industry developments such as recent US sanctions affecting competitor capacity.
Bears say
Scorpio Tankers Inc. has shown a concerning trend with fourth-quarter earnings of $0.63 per share, exceeding market expectations but falling short of the analyst estimate, signaling potential issues in revenue generation. Furthermore, the projected earnings per share for the first quarter of $1.10 represent a significant decrease from previous levels, highlighting a declining trajectory that could affect investor confidence. The anticipated downward pressure on spot earnings, coupled with a weakening outlook for tanker asset values and diminishing voyage lengths due to shifts in trading patterns, contributes to a fundamentally negative outlook for the company's stock.
This aggregate rating is based on analysts' research of Scorpio Tankers and is not a guaranteed prediction by Public.com or investment advice.
Scorpio Tankers (STNG) Analyst Forecast & Price Prediction
Start investing in Scorpio Tankers (STNG)
Order type
Buy in
Order amount
Est. shares
0 shares