With 0.15 million shares changed hands, the volume of the stock remained lighter than its average volume of 0.28 million shares. During the session, the Marine Shipping company that operates in wider Industrials sector, reached to the highest price of $7.17 whereas the lowest price it dropped to was $6.99. The 52-week range on SHIP shows that it touched its highest point at $13.03 and its lowest point at $6.55 during that stretch. It currently has a 1-year price target of $14.50. With its current market cap of 145.73 million, SHIP has annualized dividend of $0.56 while the current yield stands at 7.92%. SHIP paid its most recent dividend on 1727395200, while the ex-dividend date for that was 1735257600. Beta for the stock currently stands at 0.70.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of SHIP was down-trending over the past week, with a drop of -2.21%, but this was down by -1.39% over a month. Three-month performance dropped to -31.95% while six-month performance fell -24.06%. The stock lost -3.02% in the past year, while it has gained 1.73% so far this year. A look at the trailing 12-month EPS for SHIP yields 2.32 with Next year EPS estimates of 2.64. For the next quarter, that number is 0.45. This implies an EPS growth rate of 268.54% for this year and 12.12% for next year.
Float and Shares Shorts:
At present, 20.49 million SHIP shares are outstanding with a float of 12.90 million shares on hand for trading. On 2024-12-31, short shares totaled 0.38 million, which was 183.0 higher than short shares on 1732838400. In addition to Mr. Stamatios Tsantanis as the firm’s Chairman & CEO, Mr. Stavros Gyftakis serves as its Chief Financial Officer.
Institutional Ownership:
Through their ownership of 0.19193001 of SHIP’s outstanding shares, institutional investors have minority control over the company.
An Overview of Recent Financials:
Understanding a company as a customer does not mean you will understand it as an investor. The wise investor uses quantitative research to analyze metrics such as revenue, net income, and earnings. In its fiscal quarter reported on 2024-09-30, SHIP reported revenue of $44356000.0 and operating income of $17752000.0. The EBITDA in the recently reported quarter was $17976000.0 and diluted EPS was $0.61.
Analysts Ratings:
In the same way, a target price assigned to a stock can also reveal much about its potential. With SHIP analysts setting a high price target of 17.0 and a low target of 12.0, the average target price over the next 12 months is 14.5. Based on these targets, SHIP could surge 140.45% to reach the target high and rise by 69.73% to reach the target low. Reaching the average price target will result in a growth of 105.09% from current levels.
Analysts have provided yearly estimates in a range of $2.4064 being high and $2.30135 being low. For SHIP, this leads to a yearly average estimate of $2.35865. Based on analyst estimates, the high estimate for the next quarter is $0.59 and the low estimate is $0.59. The average estimate for the next quarter is thus $0.59.
