Teekay Tankers (TNK) Competitors

$71.83
-0.41 (-0.57%)
(As of 05/17/2024 ET)

TNK vs. GLNG, GOGL, NAT, INSW, MATX, KEX, WERN, ZIM, RXO, and TRN

Should you be buying Teekay Tankers stock or one of its competitors? The main competitors of Teekay Tankers include Golar LNG (GLNG), Golden Ocean Group (GOGL), Nordic American Tankers (NAT), International Seaways (INSW), Matson (MATX), Kirby (KEX), Werner Enterprises (WERN), ZIM Integrated Shipping Services (ZIM), RXO (RXO), and Trinity Industries (TRN). These companies are all part of the "transportation" sector.

Teekay Tankers vs.

Golar LNG (NASDAQ:GLNG) and Teekay Tankers (NYSE:TNK) are both mid-cap transportation companies, but which is the better business? We will contrast the two companies based on the strength of their dividends, media sentiment, community ranking, valuation, institutional ownership, earnings, profitability, risk and analyst recommendations.

92.2% of Golar LNG shares are held by institutional investors. Comparatively, 52.7% of Teekay Tankers shares are held by institutional investors. 0.0% of Golar LNG shares are held by company insiders. Comparatively, 1.9% of Teekay Tankers shares are held by company insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a stock will outperform the market over the long term.

Golar LNG has a beta of 0.62, suggesting that its share price is 38% less volatile than the S&P 500. Comparatively, Teekay Tankers has a beta of -0.27, suggesting that its share price is 127% less volatile than the S&P 500.

Golar LNG received 27 more outperform votes than Teekay Tankers when rated by MarketBeat users. Likewise, 63.89% of users gave Golar LNG an outperform vote while only 60.44% of users gave Teekay Tankers an outperform vote.

CompanyUnderperformOutperform
Golar LNGOutperform Votes
467
63.89%
Underperform Votes
264
36.11%
Teekay TankersOutperform Votes
440
60.44%
Underperform Votes
288
39.56%

Teekay Tankers has higher revenue and earnings than Golar LNG. Golar LNG is trading at a lower price-to-earnings ratio than Teekay Tankers, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Golar LNG$298.43M9.43-$46.79M-$0.43-62.56
Teekay Tankers$1.36B1.80$513.67M$14.145.08

Golar LNG presently has a consensus price target of $27.00, indicating a potential upside of 0.37%. Teekay Tankers has a consensus price target of $76.00, indicating a potential upside of 5.81%. Given Golar LNG's stronger consensus rating and higher probable upside, analysts plainly believe Teekay Tankers is more favorable than Golar LNG.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Golar LNG
0 Sell rating(s)
2 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
2.00
Teekay Tankers
0 Sell rating(s)
0 Hold rating(s)
3 Buy rating(s)
0 Strong Buy rating(s)
3.00

Golar LNG pays an annual dividend of $1.00 per share and has a dividend yield of 3.7%. Teekay Tankers pays an annual dividend of $1.00 per share and has a dividend yield of 1.4%. Golar LNG pays out -232.6% of its earnings in the form of a dividend. Teekay Tankers pays out 7.1% of its earnings in the form of a dividend. Both companies have healthy payout ratios and should be able to cover their dividend payments with earnings for the next several years. Golar LNG has raised its dividend for 1 consecutive years and Teekay Tankers has raised its dividend for 1 consecutive years. Golar LNG is clearly the better dividend stock, given its higher yield and lower payout ratio.

Teekay Tankers has a net margin of 37.39% compared to Teekay Tankers' net margin of -15.68%. Golar LNG's return on equity of 30.73% beat Teekay Tankers' return on equity.

Company Net Margins Return on Equity Return on Assets
Golar LNG-15.68% 11.67% 7.58%
Teekay Tankers 37.39%30.73%25.20%

In the previous week, Teekay Tankers had 5 more articles in the media than Golar LNG. MarketBeat recorded 8 mentions for Teekay Tankers and 3 mentions for Golar LNG. Golar LNG's average media sentiment score of 0.68 beat Teekay Tankers' score of 0.30 indicating that Teekay Tankers is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Golar LNG
1 Very Positive mention(s)
0 Positive mention(s)
1 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Neutral
Teekay Tankers
5 Very Positive mention(s)
0 Positive mention(s)
3 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

Summary

Teekay Tankers beats Golar LNG on 13 of the 20 factors compared between the two stocks.

New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding TNK and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

This chart shows the average media sentiment of NYSE and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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TNK vs. The Competition

MetricTeekay TankersWater transportation IndustryTransportation SectorNYSE Exchange
Market Cap$2.46B$5.92B$10.48B$18.12B
Dividend Yield1.39%6.16%3.58%3.44%
P/E Ratio5.0818.1819.6921.74
Price / Sales1.805.5323.3910.65
Price / Cash4.096.5115.2719.50
Price / Book1.482.612.236.00
Net Income$513.67M$210.20M$665.87M$966.17M
7 Day Performance4.50%1.91%1.83%1.85%
1 Month Performance27.07%11.45%7.71%6.59%
1 Year Performance79.49%41.16%16.96%23.69%

Teekay Tankers Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
GLNG
Golar LNG
1.1484 of 5 stars
$26.66
+1.4%
$27.00
+1.3%
+23.2%$2.79B$298.43M-62.00470News Coverage
Positive News
GOGL
Golden Ocean Group
1.6388 of 5 stars
$14.82
-0.5%
$12.50
-15.7%
+80.5%$2.96B$885.77M26.4638Upcoming Earnings
News Coverage
NAT
Nordic American Tankers
3.379 of 5 stars
$4.25
+1.9%
$5.33
+25.6%
+18.3%$886.36M$262.18M9.0318
INSW
International Seaways
2.9111 of 5 stars
$62.70
+1.7%
$63.25
+0.9%
+66.9%$3.10B$1.06B5.862,698Insider Selling
Short Interest ↑
News Coverage
MATX
Matson
4.2484 of 5 stars
$115.04
-0.8%
$112.33
-2.4%
+65.5%$3.93B$3.09B13.574,315Analyst Upgrade
Insider Selling
KEX
Kirby
2.2905 of 5 stars
$114.38
0.0%
$116.00
+1.4%
+62.1%$6.69B$3.09B27.045,450Insider Selling
WERN
Werner Enterprises
4.3549 of 5 stars
$37.56
-0.2%
$40.83
+8.7%
-16.3%$2.38B$3.28B28.679,929Dividend Announcement
Analyst Upgrade
ZIM
ZIM Integrated Shipping Services
0.3738 of 5 stars
$19.04
+0.9%
$10.51
-44.8%
+4.8%$2.29B$5.16B-0.854,778Upcoming Earnings
RXO
RXO
2.361 of 5 stars
$21.17
+0.9%
$20.55
-3.0%
+3.0%$2.49B$3.93B-235.228,432Analyst Forecast
TRN
Trinity Industries
4.7049 of 5 stars
$30.89
-0.3%
$31.00
+0.4%
+45.3%$2.53B$3.15B20.739,480Positive News

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This page (NYSE:TNK) was last updated on 5/19/2024 by MarketBeat.com Staff

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