Seanergy Maritime (NASDAQ:SHIP) and Safe Bulkers (NYSE:SB) are both small-cap transportation companies, but which is the better business? We will contrast the two companies based on the strength of their profitability, institutional ownership, valuation, dividends, risk, analyst recommendations and earnings.
This table compares Seanergy Maritime and Safe Bulkers’ net margins, return on equity and return on assets.
|Net Margins||Return on Equity||Return on Assets|
1.4% of Seanergy Maritime shares are owned by institutional investors. Comparatively, 19.5% of Safe Bulkers shares are owned by institutional investors. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a stock will outperform the market over the long term.
This is a summary of current ratings and recommmendations for Seanergy Maritime and Safe Bulkers, as reported by MarketBeat.
|Sell Ratings||Hold Ratings||Buy Ratings||Strong Buy Ratings||Rating Score|
Seanergy Maritime presently has a consensus target price of $4.00, suggesting a potential upside of 244.83%. Safe Bulkers has a consensus target price of $4.25, suggesting a potential upside of 167.30%. Given Seanergy Maritime’s higher possible upside, analysts clearly believe Seanergy Maritime is more favorable than Safe Bulkers.
Earnings & Valuation
This table compares Seanergy Maritime and Safe Bulkers’ gross revenue, earnings per share and valuation.
|Gross Revenue||Price/Sales Ratio||Net Income||Earnings Per Share||Price/Earnings Ratio|
|Seanergy Maritime||$91.52 million||0.04||-$21.06 million||($5.55)||-0.21|
|Safe Bulkers||$193.19 million||0.84||$27.68 million||$0.17||9.35|
Safe Bulkers has higher revenue and earnings than Seanergy Maritime. Seanergy Maritime is trading at a lower price-to-earnings ratio than Safe Bulkers, indicating that it is currently the more affordable of the two stocks.
Volatility and Risk
Seanergy Maritime has a beta of 0.41, indicating that its share price is 59% less volatile than the S&P 500. Comparatively, Safe Bulkers has a beta of 1.73, indicating that its share price is 73% more volatile than the S&P 500.
Safe Bulkers beats Seanergy Maritime on 12 of the 13 factors compared between the two stocks.
About Seanergy Maritime
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. The company was formerly known as Seanergy Maritime Corp. and changed its name to Seanergy Maritime Holdings Corp. in July 2008. Seanergy Maritime Holdings Corp. was founded in 2008 and is headquartered in Athens, Greece.
About Safe Bulkers
Safe Bulkers, Inc. provides marine drybulk transportation services worldwide. It owns and operates drybulk vessels for transporting bulk cargoes primarily coal, grain, and iron ore. As of February 14, 2019, the company had a fleet of 41 drybulk vessels having an average age of 8.5 years; and an aggregate carrying capacity of 3.8 million deadweight tons. Its fleet consisted of 14 Panamax class vessels, 10 Kamsarmax class vessels, 13 post- Panamax class vessels, and 4 Capesize class vessels. The company was founded in 2007 and is based in Monaco.
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