At the time of writing, Tsakos Energy Navigation Limited [TEN] stock is trading at $16.64, down -2.00%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The TEN shares have gain 7.91% over the last week, with a monthly amount drifted -4.15%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Tsakos Energy Navigation Limited [NYSE: TEN] stock has seen the most recent analyst activity on December 05, 2024, when Alliance Global Partners initiated its Buy rating and assigned the stock a price target of $40. Previously, Jefferies downgraded its rating to Hold on September 12, 2024, and dropped its price target to $27.
For the past year, the stock price of Tsakos Energy Navigation Limited fluctuated between $15.05 and $31.48. Currently, Wall Street analysts expect the stock to reach $20 within the next 12 months. Tsakos Energy Navigation Limited [NYSE: TEN] shares were valued at $16.64 at the most recent close of the market. An investor can expect a potential return of 20.19% based on the average TEN price forecast.
Analyzing the TEN fundamentals
According to Tsakos Energy Navigation Limited [NYSE:TEN], the company’s sales were 836.04M for trailing twelve months, which represents an 7.23% jump. Gross Profit Margin for this corporation currently stands at 0.38% with Operating Profit Margin at 0.34%, Pretax Profit Margin comes in at 0.22%, and Net Profit Margin reading is 0.21%. To continue investigating profitability, this company’s Return on Assets is posted at 0.05, Equity is 0.11 and Total Capital is 0.08. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.99.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 16.34 points at the first support level, and at 16.03 for the second support level. However, for the 1st resistance point, the stock is sitting at 17.03, and for the 2nd resistance point, it is at 17.41.
Ratios To Look Out For
It is important to note that Tsakos Energy Navigation Limited [NYSE:TEN] has a current ratio of 1.32. As well, the Quick Ratio is 1.27. Considering the valuation of this stock, the price to sales ratio is 0.59, the price to book ratio is 0.28 and price to earnings (TTM) ratio is 3.04.
