Following the EPS trend, pool of analysts gave current quarter Per-Share Earnings estimates trends of $-0.08 for the TOO while maintaining high price target of 8 and average of 6.83, as declared by WSJ. Transat had 23 analyst reports since December 11, 2015 according to SRatingsIntel.
12/21/2015 - Teekay Corporation was downgraded to "market perform" by analysts at Raymond James.
The company's stock now has 737.6 Million in market capitalization. The stock has "Sector Underperformer" rating by IBC on Thursday, February 4. The stock has "Hold" rating by Deutsche Bank on Friday, September 16. The stock of Workday Inc (NYSE:WDAY) has "Hold" rating given on Wednesday, September 28 by Jefferies.
Teekay Offshore Partners L.P. was upgraded to "outperform" by analysts at RBC Capital. The company has market cap of $777.03 million. The Firm operates shuttle tankers; towage vessels; floating, production, storage and off-loading units; floating storage and off-take (FSO) units; units for maintenance and safety (UMS); long-distance towing and offshore installation vessels, and conventional crude oil tankers. It now has negative earnings.
How Teekay Offshore Partners L.P. attracted investors to get BUY rating after this bullish run? Kanaly reported 1,600 shares. The Illinois-based Magnetar Financial Llc has invested 1.14% in the stock. Benjamin F Edwards has invested 0% in Teekay Offshore Partners L.P. (NYSE:TOO). This showed the surprise of -58.3% in the last quarter earnings.
For the quarter ending 11/03/2016, The Analyst projected that the company could deliver EPS of 0.24 while the company provided its Actual EPS of 0.06 showing a difference of -0.18 Percent between the Estimated and Actual EPS.
Considering the performance, Teekay Offshore Partners LP (TOO)'s shares have the potential to reach a high EPS of 0.12 per share, and a low EPS of -0.03 per share in the current quarter.
Ratings analysis reveals 50% of Teekay Offshore's analysts are positive. Two analysts have rated the stock with a sell rating, two have assigned a hold rating and two have assigned a buy rating to the company's stock. Mr. Utt also now serves as Chairman on the Board of Directors at Cobalt International Energy, a position he has held since June 2016, and is a member of the Board of Directors for Brand Energy & Infrastructure Services, a Clayton, Dubilier & Rice, LLC portfolio company. UBS maintained Teekay Offshore Partners L.P. (NYSE:TOO) rating on Monday, June 20. The rating was downgraded by Bank of America on Thursday, December 17 to "Underperform".
Teekay Offshore Partners L.P. (NYSE:TOO) traded at a yearly high level of $7.25 during the last trading session.
Teekay Offshore Partners LP is now showing 13% EPS growth this year. FMR LLC raised its stake in Teekay Offshore Partners L.P.by 15.8% in the fourth quarter. The firm has "Sector Perform" rating by RBC Capital Markets given on Thursday, December 17. The stock has "Accumulate" rating by Global Hunter Securities on Tuesday, August 4. Teekay Corporation has a 52-week low of 5.45 and a 52-week high of 11.85. It has underperformed by 12.84% the S&P500. They now have a United States dollars 23 price target on the stock. As earning per share serves as an indicator for company's profitability, analyst have given their estimate trends for the next year with quarterly estimate of $0.46. It is up 21.45% since August 11, 2016 and is downtrending. It has underperformed by 30.26% the S&P500. The company has market cap of $17.30 billion. It operates in the cloud applications segment.
Investors sentiment decreased to 1.27 in 2016 Q4. 131.82 million shares or 3.16% more from 127.79 million shares in 2016Q3 were reported. Ls Investment Advsrs Ltd Liability holds 1,409 shares or 0.01% of its portfolio. Royal Financial Bank Of Canada holds 0% or 9,976 shares in its portfolio. Colorado-based Advisors Asset Mgmt Inc has invested 0.01% in Workday Inc (NYSE:WDAY).