Analyzing Seanergy Maritime (NASDAQ:SHIP) & Euronav (NYSE:CMBT)

Euronav (NYSE:CMBT) and Seanergy Maritime (NASDAQ:SHIP) are both transportation companies, but which is the superior investment? We will contrast the two businesses based on the strength of their earnings, risk, analyst recommendations, valuation, institutional ownership, dividends and profitability.

Profitability

This table compares Euronav and Seanergy Maritime’s net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Euronav	112.38%	22.35%	11.43%
Seanergy Maritime	20.12%	12.42%	6.02%

Insider and Institutional Ownership

29.4% of Seanergy Maritime shares are held by institutional investors. 4.7% of Seanergy Maritime shares are held by company insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a company is poised for long-term growth.

Analyst Ratings

This is a breakdown of recent recommendations for Euronav and Seanergy Maritime, as reported by MarketBeat.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Euronav	0	0	0	0	N/A
Seanergy Maritime	0	0	1	1	3.50

Seanergy Maritime has a consensus price target of $12.50, suggesting a potential upside of 28.21%. Given Seanergy Maritime’s higher possible upside, analysts plainly believe Seanergy Maritime is more favorable than Euronav.

Risk and Volatility

Euronav has a beta of -0.08, suggesting that its stock price is 108% less volatile than the S&P 500. Comparatively, Seanergy Maritime has a beta of 0.65, suggesting that its stock price is 35% less volatile than the S&P 500.

Earnings and Valuation

This table compares Euronav and Seanergy Maritime”s gross revenue, earnings per share and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Euronav	$1.24 billion	N/A	$858.03 million	$6.01	2.53
Seanergy Maritime	$145.31 million	1.32	$2.28 million	$0.80	12.19

Euronav has higher revenue and earnings than Seanergy Maritime. Euronav is trading at a lower price-to-earnings ratio than Seanergy Maritime, indicating that it is currently the more affordable of the two stocks.

Dividends

Euronav pays an annual dividend of $0.76 per share and has a dividend yield of 5.0%. Seanergy Maritime pays an annual dividend of $1.00 per share and has a dividend yield of 10.3%. Euronav pays out 12.6% of its earnings in the form of a dividend. Seanergy Maritime pays out 125.0% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future.

Summary

Seanergy Maritime beats Euronav on 8 of the 15 factors compared between the two stocks.

About Euronav

Euronav NV, together with its subsidiaries, engages in the transportation and storage of crude oil worldwide. The company offers floating, storage, and offloading (FSO) services. It also owns and operates a fleet of vessels. The company was incorporated in 2003 and is headquartered in Antwerp, Belgium. As of March 15, 2024, Euronav NV operates as subsidiary of CMB NV.

About Seanergy Maritime

Seanergy Maritime Holdings Corp., a shipping company, provides seaborne transportation of dry bulk commodities worldwide. It operates a fleet of 16 Capesize dry bulk vessels and one Newcastlemax dry bulk vessel with a cargo-carrying capacity of approximately 3,054,820 dwt. The company was formerly known as Seanergy Merger Corp. and changed its name to Seanergy Maritime Holdings Corp. in July 2008. Seanergy Maritime Holdings Corp. was incorporated in 2008 and is based in Glyfada, Greece.