Teekay Corporation Ltd. logo

Teekay Corporation Ltd. (TK)

Market Closed
27 Jul, 20:00
NYSE NYSE
$
11. 19
-0.01
-0.0893%
$
972.79M Market Cap
4.73 P/E Ratio
- Div Yield
440,444 Volume
0 Eps
$ 11.2
Previous Close
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Day Range
10.98 11.25
Year Range
7.12 14.38
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Teekay Tankers: Big Cash Flow, A Strong Balance Sheet, And A Powerful Uptrend

Teekay Tankers: Big Cash Flow, A Strong Balance Sheet, And A Powerful Uptrend

Global transport stocks have outperformed the S&P 500, with the US Global Sea to Sky Cargo ETF up 36% YoY. Teekay Tankers leads the performance with its strong balance sheet, EPS growth, debt-free status, and a recent special dividend. While EPS may top out here, TNK sports strong free cash flow, solid valuation multiples, and technical chart support suggesting continued upside.

Seekingalpha | 2 years ago