STNG News and Headlines - Scorpio Tankers Inc
The stock of Scorpio Tankers (NYSE:STNG, 30-year Financials) appears to be modestly overvalued, according to GuruFocus Value calculation. GuruFocus Value is GuruFocus' estimate of the fair value at which the stock should be traded. It is calculated based on the historical multiples that the stock has traded at, the past business growth and analyst estimates of future business performance. If the price of a stock is significantly above the GF Value Line, it is overvalued and its future return is likely to be poor. On the other hand, if it is significantly below the GF Value Line, its
The stock of Scorpio Tankers (NYSE:STNG, 30-year Financials) shows every sign of being modestly overvalued, according to GuruFocus Value calculation. GuruFocus Value is GuruFocus' estimate of the fair value at which the stock should be traded. It is calculated based on the historical multiples that the stock has traded at, the past business growth and analyst estimates of future business performance. If the price of a stock is significantly above the GF Value Line, it is overvalued and its future return is likely to be poor. On the other hand, if it is significantly below the GF Value
When seeking value opportunities amid companies operating in capital-intensive industries, investors may want to screen the market for stocks whose price to tangible book value ratios are more compelling than competitors. This should yield a higher chance of uncovering value opportunities, in my opinion.
With regard to capital-intensive companies, the price to tangible book value ratio is preferred to the price-book ratio, as the assessment of these companies mainly derives from tangible assets.
The first stock that meets the above criteria is ArcelorMittal SA (MT), a Luxembourg-based global steel producing company.
ArcelorMittal SA has a price to
Francisco Garcàa ParamésÂ (Trades,Â Portfolio), founder and leader of Spanish investment firm Cobas Asset Management, disclosed seven new positions in his fourth-quarter 2018 portfolio, which was released last week.
Prior to founding Cobas in 2017, Paramés built his reputation managing the Bestinfond (Trades, Portfolio) portfolio at Bestinver. His 24-year track record of high performance rankings made him one of Europe’s top asset managers. Known as “Spain’s Warren Buffett (Trades, Portfolio),” he follows the Berkshire Hathaway (BRK.A)(BRK.B)
The crude oil and product tanker market has witnessed relatively challenging times as spot rates for tankers have declined from highs. The decline has been primarily due to the oversupply of tankers in the near term. The long-term outlook for the market, however, remains robust. I see the current industry downside as an opportunity to accumulate some quality stocks.
Scorpio Tankers Inc.Â (STNG) is the world’s largest eco-spec product tanker company. Its stock has declined by 17.4% year to date as spot rates for product tankers have taken a hit.
This downside is a good opportunity to accumulate
Since inception, her cumulative returns have beaten the Standard & Poor's 500 by nearly 4 points, using concentrated portfolios of 35 or fewer stocks. She’s also stayed ahead of their internal benchmarks, the Russell 2000 and Russell 2500, on the basis of cumulative returns.
However, returns in recent years were off; she admits her results suffered when the firm began growing, and she became an administrator
Arnold SchneiderÂ (Trades,Â Portfolio)Â is president, chief investment officer and principal of Schneider Capital Management Corp. He uses independent analysis to identify undervalued securities with potential for positive change. In both the second and third quarters, the guru bought the following stocks:
Commercial Vehicle Group Inc. (CVGI)
During the second quarter, the guru increased his holding by 9.44% and by 16.81% in the third quarter. He currently holds 0.9% of outstanding shares.Â Commercial Vehicle Group is a supplier of cab related
The following stocks are trading with low P/E ratios. Most of the companies are greatly undervalued, according to the DCF calculator.
Visteon Corp. (VC) is trading with a P/E ratio of 1.5. According to the DCF calculator, the stock has a fair value of $16.48; it was trading at $76.83 Wednesday. That means it is overpriced by 361%. The price has dropped by 21% during the last 12 months and is now 37.56% below its 52-week high and 29.12% above its 52-week low.
The company is a supplier of automotive systems, modules and components to original equipment manufacturers (OEMs).
Gordon is the founder of Daruma Capital Management, which she founded in 1995 with zero assets.
She reduced her stake in Texas Capital Bancshares Inc. (TCBI) by 28.12% with an impact of 1.14% on the portfolio. The current stake is 3.44% of her total assets and 2.33% of the company’s outstanding shares.
GuruFocus gives Texas Capital a profitability and growth rating of 7 out of 10 with easy returns of ROE 9.28% and ROA 0.88% that are
Arnold Schneider is president, chief investment officer and principal of Schneider Capital Management Corp. He uses independent analysis to identify undervalued securities with potential for positive change. The strategy is based on a fundamentals-based approach to valuing securities.
Redwood Trust Inc. (RWT)
Schneider holds 143,347 shares of Redwood Trust – 0.04% of his total assets. In the last eight quarters Schneider has been reducing his stake in Redwood, by 1.11% and 46.81% during the second and third quarter.
Redwood Trust has a market cap of $1.13 billion; with its subsidiaries, it is an internally managed
Mariko Gordon (Trades, Portfolio), CFA, is the founder of Daruma Capital Management. She started the firm in 1995 with zero assets. The firm is 100% employee-owned and manages $2.3 billion for public and corporate pension plans, endowments, foundations and individuals.
Her portfolio is composed of 48 stocks and has a total value of $2,237 million with 5% Q/Q turnover; the following are the stocks of her portfolio with the highest return since her last trade on Q1 2015
Dealertrack Technologies Inc (TRAK)
During the Q1 2015
Arnold Schneider (Trades, Portfolio) is President, Chief Investment Officer and Principal of Schneider Capital Management Corp which is an independent employee-owned investment management firm that was founded in 1996 and had $1.2 billion assets under management as of June 30.
At the end of Q1 2015, his portfolio was composed of 97 stocks, and 7 have been bought during that quarter. The total value of the portfolio was $790 million with 17% Q/Q turnover.
According to GuruFocus' All-In-One screener, the following are stocks that the investor traded (increased his stake or bought
Scorpio Tankers (STNG) is engaged in the seaborne transportation of refined petroleum products and crude oil worldwide. This article discusses the company’s new growth strategy through complete fleet revamp and other investment positives and risk factors related to the company.
Scorpio Tankers operated a fleet of 24 wholly owned tankers with an average age of 2.5 years as of June 2014. In addition to the owned vessels, the company also has chartered-in an additional 26 vessels.
The key to company’s growth plan is a huge pipeline of new vessels scheduled for delivery in 2014 and 2015. In 2014, the company