TNK vs. GOGL, GLNG, NAT, INSW, MATX, KEX, SBLK, DHT, SFL, and JBLU
Should you be buying Teekay Tankers stock or one of its competitors? The main competitors of Teekay Tankers include Golden Ocean Group (GOGL), Golar LNG (GLNG), Nordic American Tankers (NAT), International Seaways (INSW), Matson (MATX), Kirby (KEX), Star Bulk Carriers (SBLK), DHT (DHT), SFL (SFL), and JetBlue Airways (JBLU). These companies are all part of the "transportation" sector.
Golden Ocean Group (NASDAQ:GOGL) and Teekay Tankers (NYSE:TNK) are both mid-cap transportation companies, but which is the better investment? We will contrast the two companies based on the strength of their profitability, dividends, institutional ownership, earnings, risk, media sentiment, analyst recommendations, valuation and community ranking.
Teekay Tankers has higher revenue and earnings than Golden Ocean Group. Teekay Tankers is trading at a lower price-to-earnings ratio than Golden Ocean Group, indicating that it is currently the more affordable of the two stocks.
Golden Ocean Group presently has a consensus target price of $12.50, indicating a potential downside of 15.48%. Teekay Tankers has a consensus target price of $71.67, indicating a potential upside of 19.19%. Given Golden Ocean Group's stronger consensus rating and higher possible upside, analysts plainly believe Teekay Tankers is more favorable than Golden Ocean Group.
Teekay Tankers has a net margin of 37.65% compared to Teekay Tankers' net margin of 12.68%. Golden Ocean Group's return on equity of 36.16% beat Teekay Tankers' return on equity.
Teekay Tankers received 64 more outperform votes than Golden Ocean Group when rated by MarketBeat users. However, 60.45% of users gave Golden Ocean Group an outperform vote while only 60.36% of users gave Teekay Tankers an outperform vote.
22.0% of Golden Ocean Group shares are owned by institutional investors. Comparatively, 52.7% of Teekay Tankers shares are owned by institutional investors. 1.9% of Teekay Tankers shares are owned by insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a stock will outperform the market over the long term.
In the previous week, Golden Ocean Group had 4 more articles in the media than Teekay Tankers. MarketBeat recorded 8 mentions for Golden Ocean Group and 4 mentions for Teekay Tankers. Teekay Tankers' average media sentiment score of 0.34 beat Golden Ocean Group's score of 0.11 indicating that Golden Ocean Group is being referred to more favorably in the media.
Golden Ocean Group has a beta of 1.32, meaning that its share price is 32% more volatile than the S&P 500. Comparatively, Teekay Tankers has a beta of -0.27, meaning that its share price is 127% less volatile than the S&P 500.
Golden Ocean Group pays an annual dividend of $1.20 per share and has a dividend yield of 8.1%. Teekay Tankers pays an annual dividend of $1.00 per share and has a dividend yield of 1.7%. Golden Ocean Group pays out 214.3% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future. Teekay Tankers pays out 6.7% of its earnings in the form of a dividend. Golden Ocean Group has raised its dividend for 1 consecutive years and Teekay Tankers has raised its dividend for 1 consecutive years.
Summary
Teekay Tankers beats Golden Ocean Group on 13 of the 20 factors compared between the two stocks.
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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.
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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