For its third fiscal quarter (ending September 30), Seanergy Maritime Holdings Corp (NASDAQ: SHIP) has reported a -321% decline in E.P.S. from $-0.28 a year ago to $0.62 in the current quarter. For the latest four quarters through September 30, E.P.S. were $2.36 compared to $-0.48 a year ago — a decline of -592%.
Recent Price Action
Seanergy Maritime Holdings Corp (NASDAQ: SHIP) stock enjoyed a very large increase of 5.6% on 11/5/24. The shares closed at $9.80. Moreover, trading volume in this advance was exceptionally high at 295% of normal. The stock has risen 1.9% during the last week and has been exceptionally strong relative to the market over the last nine months.
Current PriceTarget Research Rating
SHIP is expected to continue to be Value Creation neutral reflecting capital returns that are forecasted to be in line with the cost of capital.
Seanergy Maritime Holdings has a current Value Trend Rating of A (Highest Rating). This rating combines consistent signals from two proprietary PTR measures of a stock’s attractiveness. Seanergy Maritime Holdings has a good Power Rating of 75 and a very high Appreciation Score of 94, producing the Highest Value Trend Rating.
Rating Review
In light of this new information and positive market action we are reviewing our current Overall Rating of A. This review will be completed in the next several days.
Be the first to comment