Economy

Teekay Corporation (NYSE:TK) Under Analyst Spotlight

T_UNS's profit would be $23.26M giving it 12.25 P/E if the $0.55 EPS is correct. After having $0.07 EPS previously, Teekay Offshore Partners L.P.'s analysts see -42.86% EPS growth. The stock has "Underperform" rating by Raymond James on Thursday, September 21.

At the time of writing, the stock was trading at $2.98. KNOT Offshore Partners's dividend payout ratio is now 76.19%. Analysts are projecting that the stock will reach $3.00 on a short term (1 year) basis.

Investors sentiment decreased to 0.69 in Q2 2017. About 115,458 shares traded or 1058.98% up from the average. It is up 22.68% since September 30, 2016 and is uptrending. It has underperformed by 16.70% the S&P500. One research analyst has rated the stock with a sell rating, three have assigned a hold rating and four have issued a buy rating to the stock. Therefore 80% are positive.

08/25/2016 - DHT Holdings, Inc. was downgraded to "equal-weight" by analysts at Morgan Stanley. Seaport Global Securities downgraded the shares of TOO in report on Thursday, December 17 to "Neutral" rating. The stock of Uni Select Inc (TSE:UNS) earned "Sector Perform" rating by RBC Capital Markets on Friday, October 30.

On average, analysts expect that KNOT Offshore Partners will report full-year earnings of $2.12 per share for the current fiscal year.

Wall Street await Teekay Offshore Partners L.P. (NYSE:TOO) to release earnings on November, 2. This represents a decrease of -7% in the number of shares being shorted compared to the previous reading, and implies that investors felt less pessimistic about the stock during the past two weeks. The rating was upgraded by Citigroup on Wednesday, July 26 to "Buy". UBS AG lowered shares of Teekay Offshore Partners L.P. from an outperform rating to a market perform rating in a report on Thursday, July 27th.

Teekay Offshore Partners L.P., launched on August 30, 2006, is a provider of marine transportation, oil production, storage, long-distance towing and offshore installation and maintenance and safety services to the offshore oil industry focusing on the deep-water offshore oil regions of the North Sea, Brazil and the East Coast of Canada. Its down 0.59, from 1.28 in 2017Q1. On average, analysts predict that Teekay Offshore Partners L.P. will post $0.24 earnings per share for the current year.

These funds have shifted positions in (TOO).

Shares of Teekay Offshore Partners L.P. (NYSE:TOO) are showing high volatlity in today's session as the stock has moved 5.25%, clocking in at $2.51 after a recent bid. Park Circle Co stated it has 0.11% in Teekay Offshore Partners L.P. (NYSE:TOO). Germany-based Deutsche State Bank Ag has invested 0.01% in Pra Group Inc (NASDAQ:PRAA).

Knot Offshore Partners LP (NYSE:KNOP) had an increase of 20.36% in short interest. PNC Financial Services Group Inc. bought a new position in KNOT Offshore Partners in the first quarter worth about $215,000.

Advisory Research Inc holds 1.37% of its portfolio in Teekay Offshore Partners L.P. for 18.38 million shares. 2,500 were accumulated by Brown Brothers Harriman And Com. Green Square Capital LLC lifted its stake in KNOT Offshore Partners by 1.8% in the second quarter. Eagle Global Ltd Liability Corp reported 11.59 million shares. Royal Bank of Canada grew its position in KNOT Offshore Partners by 4.8% in the second quarter. The ratio has worsened, as 27 investment professionals started new and increased stock positions, while 39 sold and reduced their holdings in Teekay Offshore Partners LP.



Like this

Latest


04 October 2017
Las Vegas shooting: Shooter's 'companion an Australian granny'
Paddock was arrested later that year but managed to escape from a Texas federal prison in 1968, when son Stephen was a teen. Paddock's father is wanted for robbing several banks in Phoenix, Arisona, in the late 1950s and early '60s.

04 October 2017
BHP Billiton Limited (NYSE:BHP): Analysts' Suggestions in the Limelight
On August 31 the stock rating was downgraded to "Underperform" from "Sector Perform" in a statement from RBC Capital. As of quarter end Stonebridge Capital Advisors LLC had acquired a total of 545 shares growing its position 1.7%.

04 October 2017
'Very happy' Rafael Nadal survives China Open scare against Lucas Pouille
However, the Spaniard then won four consecutive points to level affairs before running out a 4-6 7-6 (8-6) 7-5 victor in Beijing. This is the second time that a Nadal sneaker has fallen off during a point in recent memory.

04 October 2017
Microsoft Starts Rolling Out Windows 10 Fall Creators Update 16299.15 (Likely RTM)
As with all the recent Insider builds, there are not any new features to report, and no specific issues are addressed. Microsoft doesn't like to use terms like Release Candidate (RC) or Release to Manufacturing (RTM) anymore.

04 October 2017
NBA Makes Drastic Changes To All-Star Game Format
The leading vote-getter from each conference will serve as a captain, and will get to hand-pick their sides out of each pool. TNT will reveal the All-Star Game starters and captains on Thursday, Jan. 18 and unveil the reserves on Tuesday, Jan. 23.

04 October 2017
Sterling Bancorp (STL) Shares Bought by JPMorgan Chase & Co
Sterling National Bank provides various banking and financial products and services primarily in New York, New Jersey, and CT . Finally, LS Investment Advisors LLC boosted its holdings in shares of Sterling Bancorp by 33.5% during the first quarter.

04 October 2017
Friedberg Investment Management Decreased Its Align Technology (ALGN) Stake; AMERITEK VENTURES (ATVK) Shorts Decreased By 50%
New Jersey-based Jacobs Levy Equity has invested 0.03% in Xerox Corp (NYSE:XRX). 1,978 were reported by Diversified Com. The company had revenue of $356.50 million during the quarter, compared to analysts' expectations of $343.43 million.

04 October 2017
Comcast Corporation 5.00% Notes (NYSE:CCV) Experiences Light Trading Volume
Comcast Corporation , launched on December 7, 2001, is a media and technology company. 8,473 are held by Ledyard Financial Bank. The stock now has Weekly Volatility of 2.15% and Monthly Volatility of 2.28%. (NASDAQ:NCMI) rating on Tuesday, November 10.

04 October 2017
Blood Donation Lines Stretch Blocks in Vegas
Numerous patients lost a lot of blood and many needed surgery. "So I'd come in and do it, if I wasn't doing it already". Las Vegas Police are calling for blood donations to the city.

03 October 2017
Trading Watch: Shares of MGM Resorts International (MGM) Noted Over Chikou
The stock of MGM Resorts International (NYSE: MGM ) earned "Outperform" rating by Telsey Advisory Group on Friday, December 9. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable.



Recommended