Genco Shipping & Trading (NYSE:GNK) and Seanergy Maritime (NASDAQ:SHIP) are both small-cap transportation companies, but which is the better investment? We will compare the two businesses based on the strength of their analyst recommendations, institutional ownership, profitability, risk, dividends, valuation and earnings.
Volatility and Risk
Genco Shipping & Trading has a beta of -0.07, indicating that its share price is 107% less volatile than the S&P 500. Comparatively, Seanergy Maritime has a beta of 0.68, indicating that its share price is 32% less volatile than the S&P 500.
This is a summary of recent ratings and recommmendations for Genco Shipping & Trading and Seanergy Maritime, as reported by MarketBeat.com.
|Sell Ratings||Hold Ratings||Buy Ratings||Strong Buy Ratings||Rating Score|
|Genco Shipping & Trading||1||1||6||0||2.63|
Genco Shipping & Trading currently has a consensus target price of $18.79, indicating a potential upside of 45.51%. Seanergy Maritime has a consensus target price of $2.50, indicating a potential upside of 177.78%. Given Seanergy Maritime’s stronger consensus rating and higher probable upside, analysts plainly believe Seanergy Maritime is more favorable than Genco Shipping & Trading.
Valuation and Earnings
This table compares Genco Shipping & Trading and Seanergy Maritime’s revenue, earnings per share (EPS) and valuation.
|Gross Revenue||Price/Sales Ratio||Net Income||Earnings Per Share||Price/Earnings Ratio|
|Genco Shipping & Trading||$209.70 million||2.56||-$58.72 million||($1.29)||-10.01|
|Seanergy Maritime||$74.83 million||0.46||-$3.23 million||N/A||N/A|
Seanergy Maritime has lower revenue, but higher earnings than Genco Shipping & Trading.
This table compares Genco Shipping & Trading and Seanergy Maritime’s net margins, return on equity and return on assets.
|Net Margins||Return on Equity||Return on Assets|
|Genco Shipping & Trading||-29.58%||-0.59%||-0.39%|
Institutional & Insider Ownership
87.7% of Genco Shipping & Trading shares are owned by institutional investors. Comparatively, 0.1% of Seanergy Maritime shares are owned by institutional investors. 1.2% of Genco Shipping & Trading shares are owned by insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a company will outperform the market over the long term.
Genco Shipping & Trading beats Seanergy Maritime on 7 of the 12 factors compared between the two stocks.
Genco Shipping & Trading Company Profile
Genco Shipping & Trading Limited, together with its subsidiaries, engages in the ocean transportation of dry bulk cargoes worldwide. The company, through the ownership and operation of dry bulk carrier vessels, transports iron ores, coal, grains, steel products, and other dry-bulk cargoes. The company charters its vessels primarily to trading houses, such as commodities traders; producers; and government-owned entities. As of August 15, 2018, it had fleet of 15 Capesize, 5 Panamax, 5 Ultramax, 21 Supramax, 1 Handymax, and 15 Handysize drybulk carriers with an aggregate carrying capacity of approximately 5,039,000 deadweight tons. Genco Shipping & Trading Limited was founded in 2004 and is based in New York, New York.
Seanergy Maritime Company Profile
Seanergy Maritime Holdings Corp., an international shipping company, engages in the seaborne transportation of drybulk commodities worldwide. As of March 9, 2018, it owned a fleet of 11 dry bulk carriers consisting of 9 Capesizes and 2 Supramaxes with a combined cargo-carrying capacity of approximately 1,682,582 deadweight tons and an average fleet age of 8.9 years. The company was formerly known as Seanergy Maritime Corp. and changed its name to Seanergy Maritime Holdings Corp. in July 2008. Seanergy Maritime Holdings Corp. was founded in 2008 and is headquartered in Athens, Greece.
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