Tsakos Energy Navigation Limited (TNP) Reaches $4.03 After 6.00% Up Move; Radiant Logistics (RLGT) Has 1.03 Sentiment

January 12, 2018 - By Peter Erickson

The stock of Tsakos Energy Navigation Limited (NYSE:TNP) is a huge mover today! The stock 0.12% or $0 during the last trading session, reaching $4.03. It is down 21.03% since January 12, 2017 and is downtrending. It has underperformed by 37.73% the S&P500.The move comes after 8 months positive chart setup for the $341.23M company. It was reported on Jan, 12 by Barchart.com. We have $4.27 PT which if reached, will make NYSE:TNP worth $20.47M more.

Radiant Logistics, Inc. operates as a third-party logistics and multi-modal transportation services firm primarily in the United States and Canada. The company has market cap of $234.68 million. The firm offers domestic and international air and ocean freight forwarding services; and freight brokerage services, including truckload, less than truckload, and intermodal services. It has a 132.78 P/E ratio. It also provides other value-added logistics services, such as customs brokerage, order fulfillment, inventory management, and warehousing services, as well as distribution solutions.

The stock decreased 1.85% or $0.09 during the last trading session, reaching $4.78. About 18,085 shares traded. Radiant Logistics, Inc. (RLGT) has risen 92.36% since January 12, 2017 and is uptrending. It has outperformed by 75.66% the S&P500.

Laurel Grove Capital Llc holds 1.09% of its portfolio in Radiant Logistics, Inc. for 395,010 shares. Perritt Capital Management Inc owns 651,191 shares or 0.91% of their US portfolio. Moreover, Menta Capital Llc has 0.25% invested in the company for 318,357 shares. The Connecticut-based Nantahala Capital Management Llc has invested 0.16% in the stock. Oberweis Asset Management Inc, a Illinois-based fund reported 84,585 shares.

Analysts await Radiant Logistics, Inc. (NYSEAMERICAN:RLGT) to report earnings on February, 14. They expect $0.05 EPS, down 50.00% or $0.05 from last year’s $0.1 per share. RLGT’s profit will be $2.45M for 23.90 P/E if the $0.05 EPS becomes a reality. After $0.05 actual EPS reported by Radiant Logistics, Inc. for the previous quarter, Wall Street now forecasts 0.00% EPS growth.

Among 10 analysts covering Tsakos Energy Navigation Ltd (NYSE:TNP), 7 have Buy rating, 0 Sell and 3 Hold. Therefore 70% are positive. Tsakos Energy Navigation Ltd had 23 analyst reports since January 19, 2016 according to SRatingsIntel. On Friday, July 7 the stock rating was maintained by Stifel Nicolaus with “Buy”. The stock of Tsakos Energy Navigation Limited (NYSE:TNP) earned “Buy” rating by Jefferies on Monday, October 16. The firm earned “Neutral” rating on Friday, January 13 by Credit Suisse. Stifel Nicolaus maintained it with “Buy” rating and $7.0 target in Friday, October 27 report. Morgan Stanley maintained Tsakos Energy Navigation Limited (NYSE:TNP) on Monday, September 18 with “Overweight” rating. Maxim Group maintained Tsakos Energy Navigation Limited (NYSE:TNP) on Monday, April 24 with “Buy” rating. The firm has “Buy” rating given on Friday, September 15 by Stifel Nicolaus. The firm has “Neutral” rating by UBS given on Tuesday, July 26. Wells Fargo downgraded it to “Hold” rating and $3.2500 target in Wednesday, August 2 report. Jefferies maintained Tsakos Energy Navigation Limited (NYSE:TNP) on Monday, September 11 with “Buy” rating.

Tsakos Energy Navigation Limited provides international seaborne crude oil and petroleum product transportation services worldwide. The company has market cap of $341.23 million. The firm offers marine transportation services to national, major, and other independent oil companies and refiners under long, medium, and short-term charters. It has a 39.95 P/E ratio. As of April 5, 2017, it operated a fleet of 62 double-hull vessels, including 57 conventional tankers, 2 liquefied natural gas carriers, and 3 suezmax DP2 shuttle tankers.

Analysts await Tsakos Energy Navigation Limited (NYSE:TNP) to report earnings on March, 16. They expect $0.02 earnings per share, down 80.00% or $0.08 from last year’s $0.1 per share. TNP’s profit will be $1.69M for 50.38 P/E if the $0.02 EPS becomes a reality. After $-0.12 actual earnings per share reported by Tsakos Energy Navigation Limited for the previous quarter, Wall Street now forecasts -116.67% EPS growth.

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