Performance Shipping (NASDAQ:PSHG – Get Free Report) and Tsakos Energy Navigation (NYSE:TEN – Get Free Report) are both small-cap transportation companies, but which is the superior investment? We will contrast the two businesses based on the strength of their valuation, analyst recommendations, institutional ownership, earnings, dividends, profitability and risk.
Profitability
This table compares Performance Shipping and Tsakos Energy Navigation’s net margins, return on equity and return on assets.
| Net Margins | Return on Equity | Return on Assets | |
| Performance Shipping | 72.12% | 20.92% | 17.65% |
| Tsakos Energy Navigation | 14.17% | 12.03% | 5.69% |
Risk & Volatility
Performance Shipping has a beta of -0.32, suggesting that its share price is 132% less volatile than the S&P 500. Comparatively, Tsakos Energy Navigation has a beta of -0.13, suggesting that its share price is 113% less volatile than the S&P 500.
Valuation and Earnings
| Gross Revenue | Price/Sales Ratio | Net Income | Earnings Per Share | Price/Earnings Ratio | |
| Performance Shipping | $87.44 million | 0.28 | $43.73 million | $1.56 | 1.25 |
| Tsakos Energy Navigation | $804.06 million | 0.83 | $176.23 million | $2.80 | 7.95 |
Tsakos Energy Navigation has higher revenue and earnings than Performance Shipping. Performance Shipping is trading at a lower price-to-earnings ratio than Tsakos Energy Navigation, indicating that it is currently the more affordable of the two stocks.
Institutional & Insider Ownership
19.9% of Performance Shipping shares are held by institutional investors. Comparatively, 19.2% of Tsakos Energy Navigation shares are held by institutional investors. 0.4% of Performance Shipping shares are held by insiders. Comparatively, 1.0% of Tsakos Energy Navigation shares are held by insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a company is poised for long-term growth.
Analyst Ratings
This is a breakdown of current recommendations and price targets for Performance Shipping and Tsakos Energy Navigation, as reported by MarketBeat.com.
| Sell Ratings | Hold Ratings | Buy Ratings | Strong Buy Ratings | Rating Score | |
| Performance Shipping | 0 | 1 | 0 | 0 | 2.00 |
| Tsakos Energy Navigation | 0 | 3 | 1 | 0 | 2.25 |
Tsakos Energy Navigation has a consensus target price of $31.00, suggesting a potential upside of 39.31%. Given Tsakos Energy Navigation’s stronger consensus rating and higher possible upside, analysts plainly believe Tsakos Energy Navigation is more favorable than Performance Shipping.
Summary
Tsakos Energy Navigation beats Performance Shipping on 10 of the 14 factors compared between the two stocks.
About Performance Shipping
Performance Shipping Inc. provides shipping transportation services through its tanker vessels worldwide. As of December 31, 2023, its fleet consisted of seven Aframax tanker vessels with a combined carrying capacity of 735,910 DWT. The company was incorporated in 2010 and is based in Athens, Greece.
About Tsakos Energy Navigation
Tsakos Energy Navigation Ltd. engages in the provision of seaborne crude oil and petroleum product transportation services. Its activities include the operation of crude tankers, product tankers, and liquefied natural gas carriers. The company was founded by Nikolas P. Tsakos and Michael Gordon Jolliffee in July 1993 and is headquartered in Athens, Greece.
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