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Stock impact report

Assessing Scorpio Tankers (STNG) Valuation After New Five Year Time Charter Agreements [Yahoo! Finance]

Scorpio Tankers Inc. Common Shares (STNG) 
Last scorpio tankers inc. common shares earnings: 2/19 06:40 am Check Earnings Report
Company Research Source: Yahoo! Finance
See our latest analysis for Scorpio Tankers. The fresh five year charters sit alongside recent fleet sales and newbuild plans, and come after periods when improving sentiment around product tanker rates helped lift Scorpio Tankers' share price. It now trades at US$54.81 with a year to date share price return of 10.3% and a five year total shareholder return of 348.01%. This suggests longer term momentum has been stronger than the more modest 3.57% total shareholder return over the past year. If this kind of contracted earnings story interests you, it could be a good moment to widen your search and check out aerospace and defense stocks as another area of potential opportunity. With Scorpio Tankers trading at US$54.81, sitting below a consensus price target of US$72 and tagged with a relatively high value score of 6, you have to ask: is there still a buying opportunity here, or is the market already pricing in future growth? With Scorpio Tankers last closing at US$54.81 agains Show less Read more
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