Seanergy Maritime Holdings Corp (SHIP) closed at $10.22, up 0.89% from the previous day, outperforming the S&P 500. However, the stock has fallen 16.69% in the past month. Analysts expect a 288.89% rise in EPS to $0.70 and a 44.76% increase in revenue to $41.01 million compared to last year.
For the full year, analysts predict earnings of $2.60 per share and revenue of $166.35 million, up 306.25% and 50.91% respectively. The Zacks Rank system ranks SHIP as a #1 (Strong Buy). The company is trading at a Forward P/E ratio of 3.9, a discount to the industry average of 7.23.
The Transportation – Shipping industry, where SHIP belongs, has a Zacks Industry Rank of 39, in the top 16% of industries. Zacks experts have identified a little-known chemical company with significant growth potential, similar to recent high-performing stocks like Boston Beer Company and NVIDIA. This company is up 65% over the last year and has strong earnings estimates and share repurchasing plans.
Read more at NASDAQ.: Seanergy Maritime Holdings Corp (SHIP) Outperforms Broader Market: What You Need to Know
