Tsakos Energy Navigation Ltd (NYSE: TNP) has recently experienced meaningful negative changes in investment behavior: its shorter term price trend turned down.
Tsakos Energy Navigation Ltd (NYSE: TNP) has recently experienced significant negative changes in fundamentals: the consensus estimate for December, 2023 decreased significantly, significant quarterly earnings deceleration occurred, and the consensus estimate for December, 2024 decreased significantly.
In light of these highly negative signals we are reviewing our current Overall Rating of A. We would view the shares with caution pending completion of this review in the next several days.
Current PriceTarget Research Rating
With future capital returns forecasted to be above the cost of capital, TNP is expected to continue to be a major Value Builder.
Tsakos Energy Navigation has a current Value Trend Rating of A (Highest Rating). This rating combines consistent signals from two proprietary PTR measures of a stock’s attractiveness. Tsakos Energy Navigation has a good Power Rating of 85 and a very high Appreciation Score of 92, leading to the Highest Value Trend Rating.
Recent Price Action
On 12/7/23, Tsakos Energy Navigation Ltd (NYSE: TNP) stock declined slightly by -0.2%, closing at $19.69. This decline was accompanied by normal trading volume. The stock has declined -0.5% during the last week but has been exceptionally strong relative to the market over the last nine months.
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