Performance Shipping Stock Analysis
| PSHG Stock | USD 1.55 0.01 0.64% |
Performance Shipping is undervalued with Real Value of 2.55 and Target Price of 5.75. The main objective of Performance Shipping stock analysis is to determine its intrinsic value, which is an estimate of what Performance Shipping is worth, separate from its market price. There are two main types of Performance Shipping's stock analysis: fundamental analysis and technical analysis.
The Performance Shipping stock is traded in the USA on NASDAQ Exchange, with the market opening at 09:30:00 and closing at 16:00:00 every Mon,Tue,Wed,Thu,Fri except for officially observed holidays in the USA. Here, you can get updates on important government artifacts, including earning estimates, SEC corporate filings, announcements, and Performance Shipping's ongoing operational relationships across important fundamental and technical indicators.
Performance |
Performance Stock Analysis Notes
The company has price-to-book ratio of 0.07. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. Performance Shipping last dividend was issued on the 29th of October 2020. The entity had 1:15 split on the 15th of November 2022. Performance Shipping Inc., through its subsidiaries, provides shipping transportation services through its ownership of tanker vessels worldwide. The company was incorporated in 2010 and is based in Athens, Greece. Performance Shipping operates under Marine Shipping classification in the United States and is traded on NASDAQ Exchange. It employs 152 people. To find out more about Performance Shipping contact Andreas Michalopoulos at 30 216 60 02 400 or learn more at https://www.pshipping.com.Performance Shipping Quarterly Total Revenue |
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Performance Shipping Investment Alerts
| Performance Shipping generated a negative expected return over the last 90 days | |
| Performance Shipping may become a speculative penny stock | |
| Performance Shipping is unlikely to experience financial distress in the next 2 years | |
| Latest headline from gurufocus.com: Performance Shipping Inc. Secures Sale and Leaseback Agreement for Third Newbuild LR2 Aframax Tanker |
Performance Shipping Upcoming and Recent Events
| 22nd of February 2024 Upcoming Quarterly Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View |
Performance Largest EPS Surprises
Earnings surprises can significantly impact Performance Shipping's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate.
| Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
|---|---|---|---|---|---|---|---|
2024-05-30 | 2024-03-31 | 0.26 | 0.29 | 0.03 | 11 | ||
2024-11-25 | 2024-09-30 | 0.25 | 0.32 | 0.07 | 28 | ||
2022-11-14 | 2022-09-30 | 0.2 | 0.1 | -0.1 | 50 |
Performance Stock Institutional Investors
Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| Shares | Cable Car Capital Llc | 2024-12-31 | 53 K | Renaissance Technologies Corp | 2024-12-31 | 25.5 K | Ubs Group Ag | 2024-12-31 | 19.5 K | Citadel Advisors Llc | 2024-12-31 | 15.4 K | Ground Swell Capital, Llc | 2024-12-31 | 12.5 K | Xtx Topco Ltd | 2024-12-31 | 12.1 K | Lpl Financial Corp | 2024-12-31 | 11 K | Morgan Stanley - Brokerage Accounts | 2024-12-31 | 5 K | Sbi Securities Co Ltd | 2024-12-31 | 1.9 K | Privium Fund Management (uk) Ltd | 2024-09-30 | 0.0 |
Performance Market Capitalization
The company currently falls under 'Micro-Cap' category with a current market capitalization of 20.89 M.Performance Profitablity
The company has Profit Margin (PM) of 0.52 %, which maeans that even a very small decline in it revenue will erase profits resulting in a net loss. This is way below average. Similarly, it shows Operating Margin (OM) of 0.52 %, which suggests for every 100 dollars of sales, it generated a net operating income of $0.52.| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | 0.13 | 0.14 | |
| Return On Capital Employed | 0.13 | 0.13 | |
| Return On Assets | 0.13 | 0.14 | |
| Return On Equity | 0.16 | 0.17 |
Management Efficiency
Performance Shipping has return on total asset (ROA) of 0.0833 % which means that it generated a profit of $0.0833 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 0.1956 %, meaning that it created $0.1956 on every $100 dollars invested by stockholders. Performance Shipping's management efficiency ratios could be used to measure how well Performance Shipping manages its routine affairs as well as how well it operates its assets and liabilities. The Performance Shipping's current Return On Tangible Assets is estimated to increase to 0.14. The Performance Shipping's current Return On Capital Employed is estimated to increase to 0.13. At this time, Performance Shipping's Return On Tangible Assets are most likely to increase slightly in the upcoming years. The Performance Shipping's current Fixed Asset Turnover is estimated to increase to 0.48, while Non Current Assets Total are projected to decrease to roughly 170.4 M.| Last Reported | Projected for Next Year | ||
| Book Value Per Share | 6.99 | 6.64 | |
| Tangible Book Value Per Share | 6.99 | 6.64 | |
| Enterprise Value Over EBITDA | 0.88 | 0.93 | |
| Price Book Value Ratio | 0.27 | 0.25 | |
| Enterprise Value Multiple | 0.88 | 0.93 | |
| Price Fair Value | 0.27 | 0.25 | |
| Enterprise Value | 49.4 M | 70.8 M |
Examining the leadership quality of Performance Shipping offers valuable insights into its operational efficiency and financial health. This analysis assists investors in making informed decisions regarding the stock.
Technical Drivers
As of the 24th of March, Performance Shipping holds the Risk Adjusted Performance of (0.01), coefficient of variation of (6,146), and Variance of 8.05. Compared to fundamental indicators, the technical analysis model allows you to check existing technical drivers of Performance Shipping, as well as the relationship between them. Please check Performance Shipping standard deviation, as well as the relationship between the maximum drawdown and kurtosis to decide if Performance Shipping is priced some-what accurately, providing market reflects its current price of 1.55 per share. Please also confirm Performance Shipping jensen alpha, which is currently at (0.07) to check out the company can sustain itself at a future point.Performance Shipping Price Movement Analysis
The output start index for this execution was four with a total number of output elements of fifty-seven. The Bollinger Bands is very popular indicator that was developed by John Bollinger. It consist of three lines. Performance Shipping middle band is a simple moving average of its typical price. The upper and lower bands are (N) standard deviations above and below the middle band. The bands widen and narrow when the volatility of the price is higher or lower, respectively. The upper and lower bands can also be interpreted as price targets for Performance Shipping. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target.
Performance Shipping Insider Trading Activities
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Performance Shipping insiders, such as employees or executives, is commonly permitted as long as it does not rely on Performance Shipping's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Performance Shipping insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
Peter Gyllenhammar Ab over a year ago Disposition of tradable shares by Peter Gyllenhammar Ab of Performance Shipping subject to Rule 16b-3 |
Performance Shipping Outstanding Bonds
Performance Shipping issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Performance Shipping uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Performance bonds can be classified according to their maturity, which is the date when Performance Shipping has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
Performance Shipping Predictive Daily Indicators
Performance Shipping intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Performance Shipping stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
Performance Shipping Forecast Models
Performance Shipping's time-series forecasting models are one of many Performance Shipping's stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Performance Shipping's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.About Performance Stock Analysis
Stock analysis is the technique used by a trader or investor to examine and evaluate how Performance Shipping prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Performance shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Stock such as Performance Shipping. By using and applying Performance Stock analysis, traders can create a robust methodology for identifying Performance entry and exit points for their positions.
| Last Reported | Projected for Next Year | ||
| Pretax Profit Margin | 0.50 | 0.53 | |
| Operating Profit Margin | 0.48 | 0.50 | |
| Net Profit Margin | 0.50 | 0.53 | |
| Gross Profit Margin | 0.73 | 0.76 |
Current Performance Analysis - Recommendations
We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. Performance analyst recommendations are determined by taking all analyst recommendations and averaging them as Strong Buy, Buy, Hold, Strong Sell or Sell. There is no one specific way to measure analysis performance other than comparing it to the past results via a very sophisticated attribution analysis. Performance analyst consensus and target price projections should be used in combination with other traditional techniques such as stock price forecasting, technical analysis, earnings estimate, and various momentum models.
| Target Price | Advice | # of Analysts | |
| 5.75 | Strong Buy | 2 | Odds |
Most Performance analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Performance stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Performance Shipping, talking to its executives and customers, or listening to Performance conference calls.
Performance Stock Analysis Indicators
Performance Shipping stock analysis indicators help investors evaluate how Performance Shipping stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing and determine when trading Performance Shipping shares will generate the highest return on investment. By understating and applying Performance Shipping stock analysis, traders can identify Performance Shipping position entry and exit signals to maximize returns.
| Begin Period Cash Flow | 68.3 M | |
| Common Stock Shares Outstanding | 39.2 M | |
| Total Stockholder Equity | 275.2 M | |
| Quarterly Earnings Growth Y O Y | 0.179 | |
| Property Plant And Equipment Net | 189.6 M | |
| Cash And Short Term Investments | 71.3 M | |
| Cash | 71.3 M | |
| Net Debt | -23.9 M | |
| 50 Day M A | 1.7342 | |
| Other Operating Expenses | 45.6 M | |
| Non Current Assets Total | 259.1 M | |
| Forward Price Earnings | 1.7416 | |
| Liabilities And Stockholders Equity | 330.4 M | |
| Home Category | ADR | |
| Non Currrent Assets Other | 69.5 M |
Complementary Tools for Performance Stock analysis
When running Performance Shipping's price analysis, check to measure Performance Shipping's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Performance Shipping is operating at the current time. Most of Performance Shipping's value examination focuses on studying past and present price action to predict the probability of Performance Shipping's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Performance Shipping's price. Additionally, you may evaluate how the addition of Performance Shipping to your portfolios can decrease your overall portfolio volatility.
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