Seanergy Maritime Holdings Corp. (NASDAQ: SHIP) is 87.87% higher on its value in year-to-date trading and has touched a low of $0.39 and a high of $7.04 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The SHIP stock was last observed hovering at around $1.06 in the last trading session, with the day’s loss setting it -0.05% off its average median price target of $6.00 for the next 12 months. It is also 83.17% off the consensus price target high of $6.00 offered by 2 analysts, but current levels are 83.17% higher than the price target low of $6.00 for the same period.
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Currently trading at $1.01, the stock is -15.34% and -17.75% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 10.12 million and changing -4.72% at the moment leaves the stock -3.51% off its SMA200. SHIP registered -73.70% loss for a year compared to 6-month gain of 130.44%. The firm has a 50-day simple moving average (SMA 50) of $1.3191 and a 200-day simple moving average (SMA200) of $0.7574.
The stock witnessed a -11.40% loss in the last 1 month and extending the period to 3 months gives it a 98.19%, and is -16.53% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 13.55% over the week and 12.31% over the month.
Seanergy Maritime Holdings Corp. (SHIP) has around 35 employees, a market worth around $167.03M and $69.80M in sales. Current P/E ratio is 1.09 and Fwd P/E is 25.25. Profit margin for the company is -26.30%. Distance from 52-week low is 158.97% and -85.65% from its 52-week high.
Seanergy Maritime Holdings Corp. (SHIP) Analyst Forecasts
Analyst recommendations provided by FactSet shows that the consensus forecast for Seanergy Maritime Holdings Corp. (SHIP) is a “Hold”. 2 analysts offering their recommendations for the stock have an average rating of 3.00, where 2 rate it as a Hold and 0 think it is a “Overweight”. 0 of the analysts rate the stock as a “Buy”. 0 analysts have rated the stock as a Sell or Underperform.
Seanergy Maritime Holdings Corp. is expected to release its quarterly report on 06/11/2021 and quarterly earnings per share for the current quarter are estimated at -$0.01 with sales reaching $20.85M over the same period.The EPS is expected to grow by 95.50% this year, but quarterly earnings will post 73.00% year-over-year. Quarterly sales are estimated to grow 56.30% in year-over-year returns.
Seanergy Maritime Holdings Corp. (SHIP) Top Institutional Holders
8 institutions hold shares in Seanergy Maritime Holdings Corp. (SHIP), with 15.55M shares held by insiders accounting for 10.03% while institutional investors hold 10.02% of the company’s shares. The shares outstanding are 67.90M, and float is at 62.54M with Short Float at 10.40%. Institutions hold 9.02% of the Float.
The top institutional shareholder in the company is Squarepoint Ops LLC with over 0.38 million shares valued at $0.21 million. The investor’s holdings represent 0.25% of the SHIP Shares outstanding. As of Dec 30, 2020, the second largest holder is Two Sigma Securities, LLC with 58233.0 shares valued at $31306.0 to account for 0.04% of the shares outstanding. The other top investors are Citadel Advisors LLC which holds 35937.0 shares representing 0.02% and valued at over $19319.0, while UBS Group AG holds 0.02% of the shares totaling 26358.0 with a market value of $14170.0.