| 2021 | 2022 | 2023 | 2024 (projected) | Total Revenue | 546.1M | 860.4M | 889.6M | 487.0M | Depreciation And Amortization | 143.3M | 140.8M | 144.2M | 96.6M |
What to know before obtaining Tsakos (USA Stocks:TEN) based on its volatility?
 | By Gabriel Shpitalnik | Macroaxis Story |
Tsakos Energy Navigation boasts about $859 million in cash and generated $395.28 million in positive cash flow from its operations. This impressive performance translates to a cash-per-share (CPS) ratio of 4.66, indicating a strong financial position for the company. Investors might find this appealing, as it suggests solid liquidity and operational efficiency.
Main Points
Investing in Tsakos Energy Navigation (NYSE: TEN) could be an intriguing option for those seeking low-risk gains as we approach October. With a current quote of 22.97 and a potential upside of 2.83, the stock has shown a relatively stable performance, reflected in its mean deviation of just 1.42. Despite a slight price change of -0.22, the overall volatility remains manageable, making it a candidate for investors looking for steadiness in the oil and gas midstream sector. However, the negative Jensen Alpha of -0.5 suggests that the stock has underperformed relative to its expected return, warranting careful consideration.Macroaxis uses a strict editorial review process to publish stories and blog posts. Our publishers support our company and may receive a small commission when the partner links or references are utilized. Commissions do not affect the opinions or evaluations of our editorial team. The information our editors and media partners deliver is confidential and licensed for your sole use as a Macroaxis user. We reserve all rights to the content of this article, and therefore copying or distributing this story in whole or in part is strictly prohibited.
Reviewed by Michael Smolkin
In the world of investing, the only constant is change, and this rings particularly true for Tsakos Energy Navigation (NYSE: TEN). As the company navigates the volatile waters of the energy sector, investors are left wondering whether it can sustain its recent low-risk gains through October. With a current price hovering around $23, analysts are optimistic, with a strong buy consensus and a possible upside target of $28. However, the daily balance of power suggests some uncertainty, as it sits at -0.29. As Tsakos continues to chart its course, the potential for both gains and losses remains a critical consideration for those looking to dive into this stock. Tsakos Energy Navigation is currently facing challenges, with expected returns looking negative and a volatility rate of 1.83% over a 60-day investment period. While some investors are diving into the oil, gas, and consumable fuels sector, Tsakos Energy's volatility is raising concerns. However, we believe there’s potential for the stock to deliver above-average returns in the coming weeks. Despite its low volatility, we see Tsakos Energy as undervalued, with a true worth estimated at around $26.23 per share. This suggests that there may be an opportunity for savvy investors to capitalize on its current price.Volatility is a rate at which the price of Tsakos Energy or any other equity instrument increases or decreases for a given set of returns. It is measured by calculating the standard deviation of the annualized returns over a given period of time and shows the range to which the price of Tsakos Energy may increase or decrease. In other words, similar to Tsakos's beta indicator, it measures the risk of Tsakos Energy and helps estimate the fluctuations that may happen in a short period of time. So if prices of Tsakos Energy fluctuate rapidly in a short time span, it is termed to have high volatility, and if it swings slowly in a more extended period, it is understood to have low volatility. Please read more on our technical analysis page.
How important is Tsakos Energy's Liquidity
Tsakos Energy financial leverage refers to using borrowed capital as a funding source to finance Tsakos Energy Navigation ongoing operations. It is usually used to expand the firm's asset base and generate returns on borrowed capital. Tsakos Energy financial leverage is typically calculated by taking the company's all interest-bearing debt and dividing it by total capital. So the higher the debt-to-capital ratio (i.e., financial leverage), the riskier the company. Financial leverage can amplify the potential profits to Tsakos Energy's owners, but it also increases the potential losses and risk of financial distress, including bankruptcy, if the firm cannot cover its debt costs. The degree of Tsakos Energy's financial leverage can be measured in several ways, including by ratios such as the debt-to-equity ratio (total debt / total equity), equity multiplier (total assets / total equity), or the debt ratio (total debt / total assets). Please check the breakdown between Tsakos Energy's total debt and its cash.
Tsakos Energy Gross Profit
Tsakos Energy Gross Profit growth is one of the most critical measures in evaluating the company. The Gross Profit growth rate is calculated simply by comparing Tsakos Energy previous period's values with its current period's values. Each time period you're measuring should be of equal lengths the increase or decrease, in a company's Gross Profit between two periods. Here we show Tsakos Energy Gross Profit growth over the last 10 years. Please check Tsakos Energy's gross profit and other fundamental indicators for more details.
Tsakos Energy Volatility Drivers
Tsakos Energy unsystematic risk is unique to Tsakos Energy Navigation and usually not directly affected by the market or economic environment. An example of unsystematic risk is the possibility of poor earnings or a layoff due to coronavirus. One may mitigate nonsystematic risk by buying different securities in the same industry or by buying in different sectors. For example, if you have a position in Tsakos Energy you can also buy Sonida Senior Living. You can also mitigate this risk by investing in the energy sector as well as in companies having nothing to do with it. This type of risk is also called diversifiable risk and can be understood from analyzing Tsakos Energy important indicators over time. Here we run a correlation analysis between relevant fundamental ratios over at least ten year period to find a relationship in the way they react to changes in Tsakos Energy income statement and balance sheet. Here are more details about Tsakos volatility.Click cells to compare fundamentals
What is driving Tsakos Energy Investor Appetite?
Tsakos Energy Navigation reported the last year's revenue of 889.57 M. Total Income to common stockholders was 305.08 M with profit before taxes, overhead, and interest of 427.47 M.
In the world of investing, the saying "what goes up must come down" often rings true, especially for stocks like Tsakos Energy Navigation (NYSE: TEN).With a market capitalization of $684.23 million and a current yield of just 0.05%, investors are watching closely as the company navigates through a challenging environment. Despite reporting a net income of $305.08 million, the stock has shown signs of volatility, reflected in its beta of -0.17 and a maximum drawdown of 8.1%. The potential upside of 2.83 suggests there may still be room for growth, but with a probability of bankruptcy at 43.79%, caution is warranted. As October approaches, the question remains whether Tsakos Energy can maintain low-risk gains amidst these fluctuations..
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