Seanergy Maritime Holdings Corp. (NASDAQ:SHIP) has been given a consensus broker rating score of 1.00 (Strong Buy) from the two brokers that provide coverage for the company, Zacks Investment Research reports. Two research analysts have rated the stock with a strong buy recommendation.
Brokerages have set a 12 month consensus price objective of $2.80 for the company and are predicting that the company will post ($0.30) EPS for the current quarter, according to Zacks. Zacks has also assigned Seanergy Maritime an industry rank of 153 out of 256 based on the ratings given to its competitors.
SHIP has been the subject of a number of recent research reports. Zacks Investment Research downgraded shares of Horiba from a “hold” rating to a “sell” rating in a research note on Wednesday, May 22nd. ValuEngine downgraded shares of ENN ENERGY HOLD/ADR from a “buy” rating to a “hold” rating in a research note on Tuesday, March 26th. Noble Financial downgraded shares of Seanergy Maritime to a “buy” rating and set a $2.00 price target for the company. in a research note on Monday, July 1st. Finally, Maxim Group set a $24.00 price target on shares of BioLife Solutions and gave the stock a “buy” rating in a research note on Wednesday, May 22nd.
Shares of NASDAQ SHIP traded down $0.03 during midday trading on Friday, hitting $0.64. The company’s stock had a trading volume of 518,800 shares, compared to its average volume of 229,633. The company’s fifty day moving average price is $0.70. Seanergy Maritime has a 1 year low of $0.52 and a 1 year high of $16.35. The stock has a market capitalization of $1.88 million, a price-to-earnings ratio of -0.12 and a beta of 0.82.
Seanergy Maritime (NASDAQ:SHIP) last posted its quarterly earnings data on Friday, June 14th. The shipping company reported ($3.23) EPS for the quarter, meeting the Thomson Reuters’ consensus estimate of ($3.23). Seanergy Maritime had a negative net margin of 30.46% and a negative return on equity of 87.57%. The business had revenue of $16.01 million during the quarter, compared to analyst estimates of $19.06 million. Sell-side analysts predict that Seanergy Maritime will post -1.26 earnings per share for the current fiscal year.
Seanergy Maritime Company Profile
Seanergy Maritime Holdings Corp., an international shipping company, engages in the seaborne transportation of drybulk commodities worldwide. As of April 4, 2019, it owned a fleet of 10 Capesizes with a cargo-carrying capacity of approximately 1,748,581 deadweight tons and an average fleet age of 10 years.
Featured Story: What is a Fiduciary?
For more information about research offerings from Zacks Investment Research, visit Zacks.com
Receive News & Ratings for Seanergy Maritime Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Seanergy Maritime and related companies with MarketBeat.com's FREE daily email newsletter.