Performance Shipping (NASDAQ:PSHG – Get Free Report) and Euronav (NYSE:CMBT – Get Free Report) are both transportation companies, but which is the better business? We will compare the two companies based on the strength of their valuation, institutional ownership, analyst recommendations, dividends, earnings, profitability and risk.
Earnings and Valuation
This table compares Performance Shipping and Euronav”s revenue, earnings per share and valuation.
| Gross Revenue | Price/Sales Ratio | Net Income | Earnings Per Share | Price/Earnings Ratio | |
| Performance Shipping | $108.94 million | 0.20 | $69.41 million | $1.50 | 1.16 |
| Euronav | $1.24 billion | 1.67 | $858.03 million | $5.93 | 1.79 |
Euronav has higher revenue and earnings than Performance Shipping. Performance Shipping is trading at a lower price-to-earnings ratio than Euronav, indicating that it is currently the more affordable of the two stocks.
Profitability
| Net Margins | Return on Equity | Return on Assets | |
| Performance Shipping | 65.32% | 23.47% | 19.02% |
| Euronav | 117.02% | 22.29% | 10.17% |
Analyst Recommendations
This is a summary of current ratings and target prices for Performance Shipping and Euronav, as provided by MarketBeat.com.
| Sell Ratings | Hold Ratings | Buy Ratings | Strong Buy Ratings | Rating Score | |
| Performance Shipping | 0 | 0 | 1 | 0 | 3.00 |
| Euronav | 0 | 0 | 0 | 0 | 0.00 |
Performance Shipping currently has a consensus price target of $6.50, indicating a potential upside of 273.56%. Given Performance Shipping’s stronger consensus rating and higher probable upside, analysts clearly believe Performance Shipping is more favorable than Euronav.
Volatility & Risk
Performance Shipping has a beta of -0.39, indicating that its share price is 139% less volatile than the S&P 500. Comparatively, Euronav has a beta of -0.11, indicating that its share price is 111% less volatile than the S&P 500.
Insider & Institutional Ownership
19.9% of Performance Shipping shares are held by institutional investors. 0.4% of Performance Shipping shares are held by company insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a stock will outperform the market over the long term.
About Performance Shipping
Performance Shipping Inc. provides shipping transportation services through its tanker vessels worldwide. As of December 31, 2023, its fleet consisted of seven Aframax tanker vessels with a combined carrying capacity of 735,910 DWT. The company was incorporated in 2010 and is based in Athens, Greece.
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.
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