Top Ships Stock Today
| TOPS Stock | USD 12.75 0.05 0.39% |
Performance0 of 100
| Odds Of DistressOver 53
|
Top Ships is selling for under 12.75 as of the 19th of April 2024; that is -0.39% down since the beginning of the trading day. The stock's lowest day price was 12.6. Top Ships has 53 percent odds of going through some form of financial distress in the next two years and has generated negative returns to investors over the last 90 days. Equity ratings for Top Ships are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 20th of March 2024 and ending today, the 19th of April 2024. Click here to learn more.
Business Domain Energy | IPO Date 23rd of July 2004 |
The companys medium range tanker vessels transport crude oil, petroleum products, and bulk liquid chemicals. Top Ships Inc. was incorporated in 2000 and is based in Maroussi, Greece. Top Ships operates under Marine Shipping classification in the United States and is traded on NASDAQ Exchange. The company has 4.63 M outstanding shares of which 90.08 K shares are at this time shorted by private and institutional investors with about 6.07 trading days to cover. More on Top Ships
Moving against Top Stock
| 0.52 | IMPPP | Imperial Petroleum | PairCorr |
| 0.49 | VNOM | Viper Energy Ut Financial Report 6th of May 2024 | PairCorr |
| 0.49 | GLOP-PB | GasLog Partners LP | PairCorr |
| 0.46 | DTM | DT Midstream Financial Report 7th of May 2024 | PairCorr |
| 0.45 | GLOP-PC | GasLog Partners LP | PairCorr |
| 0.44 | ET | Energy Transfer LP Financial Report 7th of May 2024 | PairCorr |
| 0.43 | ETRN | Equitrans Midstream Corp Sell-off Trend | PairCorr |
Follow Valuation Profit Patterns Odds of Bankruptcy
Check how we calculate scores
Top Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Top Ships' investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Top Ships or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| CEO | Evangelos Pistiolis | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Business Concentration | Oil & Gas Storage & Transportation, Oil & Gas Midstream, Energy, Jakarta Stock Exchange, NASDAQ Composite, NASDAQ Composite Total, Energy, Oil, Gas & Consumable Fuels, Marine Shipping, Industrials (View all Sectors) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Average Analyst Recommendation Analysts covering Top Ships report their recommendations after researching Top Ships' financial statements, talking to executives and customers, or listening in on Top Ships' conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Top Ships. The Top consensus assessment is calculated by taking the average forecast from all of the analysts covering Top Ships. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Financial Strength Based on the key indicators related to Top Ships' liquidity, profitability, solvency, and operating efficiency, Top Ships is doing better financially then in previous quarter. It has a moderate risk of reporting better financial numbers in May. Financial strength of Top Ships is based on its profitability, leverage, liquidity, source of funds, and operating efficiency.
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Top Ships' financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Top Ships' success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Top Ships' financial leverage. It provides some insight into what part of Top Ships' total assets is financed by creditors.
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Top Ships (TOPS) is traded on NASDAQ Exchange in USA. It is located in 1 Vasilisis Sofias & Megalou Alexandrou Str., Maroussi, Greece, 15124 and employs 7 people. Top Ships is listed under Oil & Gas Storage & Transportation category by Fama And French industry classification. The company currently falls under 'Micro-Cap' category with a current market capitalization of 60.06 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Top Ships's market, we take the total number of its shares issued and multiply it by Top Ships's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Top Ships conducts business under Oil, Gas & Consumable Fuels sector and is part of Energy industry. The entity has 4.63 M outstanding shares of which 90.08 K shares are at this time shorted by private and institutional investors with about 6.07 trading days to cover.
Top Ships currently holds about 14.27 M in cash with 27.27 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 6.05.
Check Top Ships Probability Of Bankruptcy
Ownership AllocationThe market capitalization of Top Ships is currently $60.06 Million. Top Ships has majority of its outstanding shares owned by insiders. An insider is usually defined as a corporate executive, director, member of the board or institutional investor who own at least 10% of the company's outstanding shares. 74.8 % of Top Ships outstanding shares that are owned by insiders indicates they have been buying or selling the stock in recent months in anticipation of some upcoming event. Please note that no matter how profitable the entity is or how many assets it hold, if the real value is less than what market suggests, you will most likely generate negative returns and should consider selling it at some point.
Check Top Ownership Details
Top Stock Price Odds Analysis
Attributed to a normal probability distribution, the odds of Top Ships jumping above the current price in 90 days from now is about 99.0%. The Top Ships probability density function shows the probability of Top Ships stock to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days Top Ships has a beta of 0.5553. This usually implies as returns on the market go up, Top Ships average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Top Ships will be expected to be much smaller as well. Additionally, top Ships has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite.
Based on a normal probability distribution, the odds of Top Ships to move above the current price in 90 days from now is about 99.0 (This Top Ships probability density function shows the probability of Top Stock to fall within a particular range of prices over 90 days) .
Top Stock Institutional Holders
Institutional Holdings refers to the ownership stake in Top Ships that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Top Ships' outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Top Ships' value.| Instituion | Recorded On | Shares | |
| Salem Investment Counselors Inc | 2023-09-30 | 0.0 | |
| Two Sigma Securities, Llc | 2023-09-30 | 0.0 | |
| Hrt Financial Llc | 2023-09-30 | 0.0 | |
| Dimensional Fund Advisors, Inc. | 2023-12-31 | 16.7 K | |
| Jpmorgan Chase & Co | 2023-12-31 | 1.9 K | |
| Tower Research Capital Llc | 2023-12-31 | 875 | |
| Advisor Group Holdings, Inc. | 2023-12-31 | 4.0 | |
| Cetera Advisors Llc | 2023-09-30 | 0.0 | |
| Ubs Group Ag | 2023-09-30 | 0.0 | |
| Morgan Stanley - Brokerage Accounts | 2023-09-30 | 0.0 | |
| Moors & Cabot Inc | 2023-09-30 | 0.0 |
Top Ships Historical Income Statement
Top Ships Income Statement is one of the three primary financial statements used for reporting Top's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Top Ships revenue and expense. Top Ships Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, Top Ships' Net Income From Continuing Ops is comparatively stable compared to the past year. Interest Income is likely to gain to about 363.3 K in 2024, whereas Interest Expense is likely to drop slightly above 12.5 M in 2024. View More FundamentalsTop Stock Against Markets
Picking the right benchmark for Top Ships stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Top Ships stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Top Ships is critical whether you are bullish or bearish towards Top Ships at a given time. Please also check how Top Ships' historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in Top Ships without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
Run Instant Ratings Now
Instant RatingsDetermine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance |
| All Next | Launch Module |
How to buy Top Stock?
Before investing in Top Ships, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Top Ships. To buy Top Ships stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Top Ships. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Top Ships stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Top Ships stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Top Ships stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Top Ships, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy Top Stock please use our How to Invest in Top Ships guide.
Already Invested in Top Ships?
The danger of trading Top Ships is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Top Ships is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Top Ships. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Top Ships is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Top Ships is a strong investment it is important to analyze Top Ships' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Top Ships' future performance. For an informed investment choice regarding Top Stock, refer to the following important reports: Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Top Ships. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in american community survey. For more information on how to buy Top Stock please use our How to Invest in Top Ships guide.You can also try the Portfolio Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.
Complementary Tools for Top Stock analysis
When running Top Ships' price analysis, check to measure Top Ships' 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 Top Ships is operating at the current time. Most of Top Ships' value examination focuses on studying past and present price action to predict the probability of Top Ships' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Top Ships' price. Additionally, you may evaluate how the addition of Top Ships to your portfolios can decrease your overall portfolio volatility.
| Companies Directory Evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals | |
| CEOs Directory Screen CEOs from public companies around the world | |
| Watchlist Optimization Optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm | |
| Performance Analysis Check effects of mean-variance optimization against your current asset allocation | |
| Portfolio Manager State of the art Portfolio Manager to monitor and improve performance of your invested capital | |
| Equity Forecasting Use basic forecasting models to generate price predictions and determine price momentum | |
| Risk-Return Analysis View associations between returns expected from investment and the risk you assume | |
| Bond Analysis Evaluate and analyze corporate bonds as a potential investment for your portfolios. | |
| Insider Screener Find insiders across different sectors to evaluate their impact on performance | |
| Equity Analysis Research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities | |
| Idea Optimizer Use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio | |
| Alpha Finder Use alpha and beta coefficients to find investment opportunities after accounting for the risk | |
| Money Flow Index Determine momentum by analyzing Money Flow Index and other technical indicators |
Is Top Ships' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Top Ships. If investors know Top will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Top Ships listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.57) | Earnings Share (12.44) | Revenue Per Share 46.115 | Return On Assets 0.0387 | Return On Equity 0.0319 |
The market value of Top Ships is measured differently than its book value, which is the value of Top that is recorded on the company's balance sheet. Investors also form their own opinion of Top Ships' value that differs from its market value or its book value, called intrinsic value, which is Top Ships' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Top Ships' market value can be influenced by many factors that don't directly affect Top Ships' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Top Ships' value and its price as these two are different measures arrived at by different means. Investors typically determine if Top Ships is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Top Ships' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.