Seanergy Maritime Holdings Stock Today

SHIP Stock  USD 9.46  0.14  1.50%   

Performance

8 of 100

 
Weak
 
Strong
OK

Odds Of Distress

Less than 48

 
High
 
Low
About Average
Seanergy Maritime is selling at 9.46 as of the 23rd of April 2024; that is 1.50 percent up since the beginning of the trading day. The stock's last reported lowest price was 9.16. Seanergy Maritime has 48 percent odds of going through some form of financial distress in the next two years and did not have a very good performance for investor during the last 90 trading days. Equity ratings for Seanergy Maritime Holdings are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 23rd of February 2024 and ending today, the 23rd of April 2024. Click here to learn more.
Business Domain
Transportation
IPO Date
25th of September 2007
Category
Industrials
Seanergy Maritime Holdings Corp., a shipping company, engages in the seaborne transportation of dry bulk commodities worldwide. Seanergy Maritime Holdings Corp. was incorporated in 2008 and is based in Athens, Greece. Seanergy Maritime operates under Marine Shipping classification in the United States and is traded on NASDAQ Exchange. The company has 20.51 M outstanding shares of which 188.71 K shares are at this time shorted by private and institutional investors with about 0.63 trading days to cover. More on Seanergy Maritime Holdings

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Seanergy 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. Seanergy Maritime's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Seanergy Maritime or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
ChairmanStamatis Tsantanis
Old NameETFS DAXglobal Shipping GO ETF
Business ConcentrationMarine Transportation, Marine Shipping, Industrials, NASDAQ Composite, NASDAQ Composite Total, Jakarta Stock Exchange, Industrials, Marine Transportation, Marine Shipping, Industrials (View all Sectors)
Average Analyst Recommendation
Analysts covering Seanergy Maritime report their recommendations after researching Seanergy Maritime's financial statements, talking to executives and customers, or listening in on Seanergy Maritime's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Seanergy Maritime. The Seanergy consensus assessment is calculated by taking the average forecast from all of the analysts covering Seanergy Maritime.
Financial Strength
Based on the measurements of operating efficiency obtained from Seanergy Maritime's historical financial statements, Seanergy Maritime Holdings may be sliding down financialy. It has an above-average risk of going through some form of financial distress next quarter. Financial strength of Seanergy Maritime is based on its profitability, leverage, liquidity, source of funds, and operating efficiency.
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover0.210.2307
Significantly Down
Very volatile
Total Current Liabilities51.7 M69.5 M
Way Down
Very volatile
Non Current Liabilities Total228.5 M179.9 M
Significantly Up
Slightly volatile
Total Assets338.7 M477.9 M
Way Down
Slightly volatile
Total Current Assets31.3 M25.1 M
Fairly Up
Pretty Stable
Seanergy Maritime's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Seanergy Maritime's 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 Seanergy Maritime's financial leverage. It provides some insight into what part of Seanergy Maritime's total assets is financed by creditors.
By using current balance sheet information, investors can analyze the liability, assets, and equity on Seanergy Maritime's books and decide whether to invest or hold. Statistics such as return on equity (ROE), debt to equity (D/E) help investors determine how Seanergy Maritime deploys its capital and how much of that capital is borrowed.
Liquidity
Seanergy Maritime cash flow analysis is essential to understand how it generates and spends money over a specific period. It can also help you figure out where your money is going and how much cash you have available at a given moment. The company currently holds 232.97 M in liabilities with Debt to Equity (D/E) ratio of 1.1, which is about average as compared to similar companies. Seanergy Maritime has a current ratio of 0.44, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Debt can assist Seanergy Maritime until it has trouble settling it off, either with new capital or with free cash flow. So, Seanergy Maritime's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Seanergy Maritime sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Seanergy to invest in growth at high rates of return. When we think about Seanergy Maritime's use of debt, we should always consider it together with cash and equity.

Total Cash From Financing Activities

(53.79 Million)
Seanergy Maritime Holdings (SHIP) is traded on NASDAQ Exchange in USA. It is located in 154 Vouliagmenis Avenue, Glyfada, Greece, 166 74 and employs 81 people. Seanergy Maritime is listed under Marine Transportation category by Fama And French industry classification. The company currently falls under 'Small-Cap' category with a current market capitalization of 191.17 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Seanergy Maritime's market, we take the total number of its shares issued and multiply it by Seanergy Maritime'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. Seanergy Maritime conducts business under Marine Transportation sector and is part of Industrials industry. The entity has 20.51 M outstanding shares of which 188.71 K shares are at this time shorted by private and institutional investors with about 0.63 trading days to cover. Seanergy Maritime Holdings currently holds about 36.71 M in cash with 31.32 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.21.
Check Seanergy Maritime Probability Of Bankruptcy
Ownership Allocation
Seanergy Maritime shows a total of 20.51 Million outstanding shares. Seanergy Maritime maintains significant amount of outstanding shares owned by insiders. An insider is usually defined as a CEO, other corporate executive, director, or institutional investor who own at least 10% of the company's outstanding shares. Since such a large part of the company is owned by insiders, it is advisable to analyze if each of these insiders have been buying or selling the stock in recent months. Please note that no matter how many assets the company owns, if the real value of the company is less than the current market value, you may not be able to make money on it.
Check Seanergy Ownership Details

Seanergy Stock Price Odds Analysis

In regard to a normal probability distribution, the odds of Seanergy Maritime jumping above the current price in 90 days from now is roughly 2.99%. The Seanergy Maritime Holdings probability density function shows the probability of Seanergy Maritime stock to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days Seanergy Maritime has a beta of 0.1161. This usually implies as returns on the market go up, Seanergy Maritime average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Seanergy Maritime Holdings will be expected to be much smaller as well. Additionally, seanergy Maritime Holdings has an alpha of 0.2373, implying that it can generate a 0.24 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
  Odds Below 9.46HorizonTargetOdds Above 9.46
96.98%90 days
 9.46 
2.99%
Based on a normal probability distribution, the odds of Seanergy Maritime to move above the current price in 90 days from now is roughly 2.99 (This Seanergy Maritime Holdings probability density function shows the probability of Seanergy Stock to fall within a particular range of prices over 90 days) .

Seanergy Stock Institutional Holders

Institutional Holdings refers to the ownership stake in Seanergy Maritime that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Seanergy Maritime's 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 Seanergy Maritime's value.
InstituionRecorded OnShares
Walleye Trading Advisors, Llc2023-12-31
35.3 K
Morgan Stanley - Brokerage Accounts2023-12-31
35.2 K
State Street Corporation2023-12-31
30.1 K
Occudo Quantitative Strategies Lp2023-12-31
29.2 K
Jump Financial, Llc2023-12-31
28.7 K
Cubist Systematic Strategies, Llc2023-12-31
21.9 K
Simplex Trading, Llc2023-12-31
18 K
Citadel Advisors Llc2023-09-30
17.8 K
Cetera Advisors Llc2023-12-31
15.9 K
Renaissance Technologies Corp2023-12-31
224.5 K
Mackenzie Investments2023-12-31
197.1 K
View Seanergy Maritime Diagnostics

Seanergy Maritime Historical Income Statement

Seanergy Maritime Holdings Income Statement is one of the three primary financial statements used for reporting Seanergy's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Seanergy Maritime revenue and expense. Seanergy Maritime Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, Seanergy Maritime's Interest Income is relatively stable compared to the past year. As of 04/23/2024, Tax Provision is likely to grow to 0.00, while EBIT is likely to drop slightly above 7.5 M. View More Fundamentals

Seanergy Stock Against Markets

Picking the right benchmark for Seanergy Maritime 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 Seanergy Maritime 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 Seanergy Maritime is critical whether you are bullish or bearish towards Seanergy Maritime Holdings at a given time. Please also check how Seanergy Maritime's 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 Seanergy Maritime 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.

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Seanergy Maritime Corporate Directors

Seanergy Maritime corporate directors refer to members of a Seanergy Maritime board of directors. The board of directors generally takes responsibility for the Seanergy Maritime's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Seanergy Maritime's board members must vote for the resolution. The Seanergy Maritime board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.

How to buy Seanergy Stock?

Before investing in Seanergy Maritime, 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 Seanergy Maritime. To buy Seanergy Maritime stock, you can follow these steps:
  • Choose a brokerage firm: You need to select a brokerage firm to buy shares of Seanergy Maritime. 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 Seanergy Maritime stock. You can do this by transferring funds from your bank account or other investment accounts.
  • Place your order: Once you have located Seanergy Maritime Holdings 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 Seanergy Maritime Holdings 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 Seanergy Maritime Holdings, 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 Seanergy Stock please use our How to Invest in Seanergy Maritime guide.

Already Invested in Seanergy Maritime Holdings?

The danger of trading Seanergy Maritime Holdings 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 Seanergy Maritime 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 Seanergy Maritime. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Seanergy Maritime 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 Seanergy Maritime is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Seanergy Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Seanergy Maritime Holdings Stock. Highlighted below are key reports to facilitate an investment decision about Seanergy Maritime Holdings Stock:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Seanergy Maritime Holdings. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product.
You can also try the Economic Indicators module to top statistical indicators that provide insights into how an economy is performing.

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When running Seanergy Maritime's price analysis, check to measure Seanergy Maritime'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 Seanergy Maritime is operating at the current time. Most of Seanergy Maritime's value examination focuses on studying past and present price action to predict the probability of Seanergy Maritime's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Seanergy Maritime's price. Additionally, you may evaluate how the addition of Seanergy Maritime to your portfolios can decrease your overall portfolio volatility.
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Is Seanergy Maritime's 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 Seanergy Maritime. If investors know Seanergy 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 Seanergy Maritime 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
62.482
Dividend Share
0.775
Earnings Share
0.96
Revenue Per Share
5.993
Quarterly Revenue Growth
0.382
The market value of Seanergy Maritime is measured differently than its book value, which is the value of Seanergy that is recorded on the company's balance sheet. Investors also form their own opinion of Seanergy Maritime's value that differs from its market value or its book value, called intrinsic value, which is Seanergy Maritime's 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 Seanergy Maritime's market value can be influenced by many factors that don't directly affect Seanergy Maritime's 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 Seanergy Maritime's value and its price as these two are different measures arrived at by different means. Investors typically determine if Seanergy Maritime is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Seanergy Maritime's 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.