We use cookies to understand how you use our site and to improve your experience.
This includes personalizing content and advertising.
By pressing "Accept All" or closing out of this banner, you consent to the use of all cookies and similar technologies and the sharing of information they collect with third parties.
You can reject marketing cookies by pressing "Deny Optional," but we still use essential, performance, and functional cookies.
In addition, whether you "Accept All," Deny Optional," click the X or otherwise continue to use the site, you accept our Privacy Policy and Terms of Service, revised from time to time.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
Seanergy Maritime Holdings Corp (SHIP) Rises As Market Takes a Dip: Key Facts
Read MoreHide Full Article
Seanergy Maritime Holdings Corp (SHIP - Free Report) closed at $16.10 in the latest trading session, marking a +1.13% move from the prior day. The stock outperformed the S&P 500, which registered a daily loss of 0.31%. Meanwhile, the Dow experienced a drop of 0.25%, and the technology-dominated Nasdaq saw a decrease of 1.38%.
The stock of company has fallen by 2.99% in the past month, lagging the Transportation sector's gain of 2.76% and the S&P 500's gain of 0.87%.
Analysts and investors alike will be keeping a close eye on the performance of Seanergy Maritime Holdings Corp in its upcoming earnings disclosure. On that day, Seanergy Maritime Holdings Corp is projected to report earnings of $0.91 per share, which would represent year-over-year growth of 35.82%. Alongside, our most recent consensus estimate is anticipating revenue of $54.04 million, indicating a 14.99% upward movement from the same quarter last year.
For the full year, the Zacks Consensus Estimates are projecting earnings of $3.74 per share and revenue of $206.06 million, which would represent changes of +192.19% and +30.33%, respectively, from the prior year.
Investors should also pay attention to any latest changes in analyst estimates for Seanergy Maritime Holdings Corp. These recent revisions tend to reflect the evolving nature of short-term business trends. Consequently, upward revisions in estimates express analysts' positivity towards the business operations and its ability to generate profits.
Our research demonstrates that these adjustments in estimates directly associate with imminent stock price performance. We developed the Zacks Rank to capitalize on this phenomenon. Our system takes these estimate changes into account and delivers a clear, actionable rating model.
The Zacks Rank system ranges from #1 (Strong Buy) to #5 (Strong Sell). It has a remarkable, outside-audited track record of success, with #1 stocks delivering an average annual return of +25% since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has moved 5.22% higher. Seanergy Maritime Holdings Corp currently has a Zacks Rank of #3 (Hold).
Valuation is also important, so investors should note that Seanergy Maritime Holdings Corp has a Forward P/E ratio of 4.26 right now. This expresses a discount compared to the average Forward P/E of 9.21 of its industry.
The Transportation - Shipping industry is part of the Transportation sector. At present, this industry carries a Zacks Industry Rank of 49, placing it within the top 20% of over 250 industries.
The Zacks Industry Rank gauges the strength of our individual industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Be sure to use Zacks.com to monitor all these stock-influencing metrics, and more, throughout the forthcoming trading sessions.
View the Zacks #1 Rank List
Image: Bigstock
Seanergy Maritime Holdings Corp (SHIP) Rises As Market Takes a Dip: Key Facts
Seanergy Maritime Holdings Corp (SHIP - Free Report) closed at $16.10 in the latest trading session, marking a +1.13% move from the prior day. The stock outperformed the S&P 500, which registered a daily loss of 0.31%. Meanwhile, the Dow experienced a drop of 0.25%, and the technology-dominated Nasdaq saw a decrease of 1.38%.
The stock of company has fallen by 2.99% in the past month, lagging the Transportation sector's gain of 2.76% and the S&P 500's gain of 0.87%.
Analysts and investors alike will be keeping a close eye on the performance of Seanergy Maritime Holdings Corp in its upcoming earnings disclosure. On that day, Seanergy Maritime Holdings Corp is projected to report earnings of $0.91 per share, which would represent year-over-year growth of 35.82%. Alongside, our most recent consensus estimate is anticipating revenue of $54.04 million, indicating a 14.99% upward movement from the same quarter last year.
For the full year, the Zacks Consensus Estimates are projecting earnings of $3.74 per share and revenue of $206.06 million, which would represent changes of +192.19% and +30.33%, respectively, from the prior year.
Investors should also pay attention to any latest changes in analyst estimates for Seanergy Maritime Holdings Corp. These recent revisions tend to reflect the evolving nature of short-term business trends. Consequently, upward revisions in estimates express analysts' positivity towards the business operations and its ability to generate profits.
Our research demonstrates that these adjustments in estimates directly associate with imminent stock price performance. We developed the Zacks Rank to capitalize on this phenomenon. Our system takes these estimate changes into account and delivers a clear, actionable rating model.
The Zacks Rank system ranges from #1 (Strong Buy) to #5 (Strong Sell). It has a remarkable, outside-audited track record of success, with #1 stocks delivering an average annual return of +25% since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has moved 5.22% higher. Seanergy Maritime Holdings Corp currently has a Zacks Rank of #3 (Hold).
Valuation is also important, so investors should note that Seanergy Maritime Holdings Corp has a Forward P/E ratio of 4.26 right now. This expresses a discount compared to the average Forward P/E of 9.21 of its industry.
The Transportation - Shipping industry is part of the Transportation sector. At present, this industry carries a Zacks Industry Rank of 49, placing it within the top 20% of over 250 industries.
The Zacks Industry Rank gauges the strength of our individual industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Be sure to use Zacks.com to monitor all these stock-influencing metrics, and more, throughout the forthcoming trading sessions.