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Seanergy Maritime Announces the Date for the First Quarter Ended March 31, 2025 Financial Results, Conference Call and Webcast
Globenewswire· 2025-05-22 13:00
Core Viewpoint - Seanergy Maritime Holdings Corp. is set to release its financial results for the first quarter ended March 31, 2025, on May 27, 2025, before the market opens in New York [1]. Group 1: Financial Results Announcement - The financial results will be announced prior to the market opening on May 27, 2025 [1]. - A conference call and simultaneous Internet webcast will be held on the same day at 09:00 a.m. Eastern Time to review these results [2]. Group 2: Company Overview - Seanergy Maritime Holdings Corp. is a prominent pure-play Capesize shipping company publicly listed in the U.S. [5]. - The company operates a modern fleet consisting of 21 vessels, including 2 Newcastlemax and 19 Capesize vessels, with an average age of approximately 13.9 years and a total cargo carrying capacity of about 3,803,918 dwt [5]. - The company is incorporated in the Republic of the Marshall Islands and has executive offices in Glyfada, Greece, with its common shares trading on the Nasdaq Capital market under the symbol "SHIP" [6].
Why Seanergy Maritime Holdings (SHIP) is Poised to Beat Earnings Estimates Again
ZACKS· 2025-05-19 17:11
Core Insights - Seanergy Maritime Holdings Corp (SHIP) is positioned to potentially continue its earnings-beat streak in upcoming reports, having surpassed earnings estimates by an average of 16.36% in the last two quarters [1][5]. Earnings Performance - For the last reported quarter, Seanergy Maritime Holdings achieved earnings of $0.34 per share, exceeding the Zacks Consensus Estimate of $0.28 per share, resulting in a surprise of 21.43% [2]. - In the previous quarter, the company was expected to report earnings of $0.62 per share but delivered $0.69 per share, yielding a surprise of 11.29% [2]. Earnings Estimates and Predictions - There has been a favorable change in earnings estimates for Seanergy Maritime Holdings, with a positive Zacks Earnings ESP (Expected Surprise Prediction) indicating a strong likelihood of an earnings beat [5][8]. - The current Earnings ESP for the company stands at +12.64%, suggesting increased analyst optimism regarding its near-term earnings potential [8]. Statistical Insights - Research indicates that stocks with a positive Earnings ESP and a Zacks Rank of 3 (Hold) or better have a nearly 70% chance of producing a positive surprise [6]. - The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate, with the Most Accurate Estimate reflecting the latest analyst revisions [7].
Is Seanergy Maritime Holdings (SHIP) a Buy as Wall Street Analysts Look Optimistic?
ZACKS· 2025-05-12 14:35
Core Viewpoint - Seanergy Maritime Holdings Corp (SHIP) has an average brokerage recommendation (ABR) of 1.00, indicating a Strong Buy based on recommendations from four brokerage firms [2] Brokerage Recommendation Trends - The current ABR of 1.00 is derived from four Strong Buy recommendations, representing 100% of all recommendations [2] - Despite the positive ABR, relying solely on this information for investment decisions may not be advisable, as studies show brokerage recommendations often lack success in guiding investors towards stocks with significant price appreciation [5][10] Comparison of ABR and Zacks Rank - The ABR is calculated based on brokerage recommendations and is typically displayed with decimals, while the Zacks Rank is a quantitative model based on earnings estimate revisions, displayed in whole numbers [9] - The Zacks Rank is considered a more reliable indicator of near-term price performance due to its correlation with earnings estimate revisions, which are updated more frequently than ABR [11][12] Earnings Estimates and Stock Performance - The Zacks Consensus Estimate for Seanergy Maritime Holdings has remained unchanged at $0.62 over the past month, indicating steady analyst views on the company's earnings prospects [13] - The unchanged consensus estimate has resulted in a Zacks Rank of 3 (Hold) for Seanergy Maritime Holdings, suggesting caution despite the Buy-equivalent ABR [14]
Seanergy Maritime Holdings Corp (SHIP) Stock Drops Despite Market Gains: Important Facts to Note
ZACKS· 2025-05-07 22:50
Core Viewpoint - Seanergy Maritime Holdings Corp is facing significant challenges, with anticipated earnings and revenue declines, while its stock performance has been mixed compared to broader market indices [2][3][6]. Financial Performance - The stock closed at $5.42, reflecting a -1.63% change from the previous session, underperforming the S&P 500's gain of 0.44% [1] - Over the last month, the stock has increased by 7.93%, which is better than the Transportation sector's gain of 5.96% but lower than the S&P 500's gain of 10.62% [1] Earnings Estimates - The upcoming earnings release is expected to show an EPS of -$0.44, a 177.19% decline year-over-year [2] - Revenue is projected at $23.16 million, indicating a 39.51% decrease compared to the same quarter last year [2] - For the annual period, earnings are estimated at $0.62 per share and revenue at $147.39 million, reflecting declines of -73.95% and -11.98% respectively [3] Analyst Sentiment - Recent changes to analyst estimates are crucial as they reflect the evolving business landscape, with positive revisions indicating confidence in the company's performance [4] - The Zacks Rank system, which incorporates estimate changes, currently assigns Seanergy a rank of 4 (Sell) [6] Valuation Metrics - Seanergy Maritime Holdings Corp has a Forward P/E ratio of 8.96, which is lower than the industry average of 9.44, suggesting it is trading at a discount [7] - The Transportation - Shipping industry has a Zacks Industry Rank of 222, placing it in the bottom 11% of over 250 industries [7]
Seanergy Maritime Holdings Corp (SHIP) Stock Sinks As Market Gains: Here's Why
ZACKS· 2025-05-01 22:55
Company Performance - Seanergy Maritime Holdings Corp (SHIP) closed at $5.60, down 0.53% from the previous trading session, underperforming the S&P 500 which gained 0.63% [1] - The stock has decreased by 11.2% over the past month, compared to a 5.27% loss in the Transportation sector and a 0.7% loss in the S&P 500 [1] Financial Expectations - The upcoming earnings report is expected to show an EPS of -$0.44, a decline of 177.19% from the same quarter last year [2] - Revenue is projected to be $23.16 million, reflecting a 39.51% decrease from the equivalent quarter last year [2] - Full-year estimates predict earnings of $0.62 per share and revenue of $147.39 million, indicating year-over-year changes of -73.95% and -11.98% respectively [3] Analyst Estimates and Ratings - Recent modifications to analyst estimates are crucial as they reflect short-term business trends, with positive revisions indicating analyst optimism [4] - The Zacks Rank system, which ranges from 1 (Strong Buy) to 5 (Strong Sell), currently ranks Seanergy Maritime Holdings Corp at 4 (Sell) [6] - Over the last 30 days, the Zacks Consensus EPS estimate has remained unchanged [6] Valuation Metrics - Seanergy Maritime Holdings Corp has a Forward P/E ratio of 9.15, which is a discount compared to the industry average Forward P/E of 9.23 [7] - The Transportation - Shipping industry holds a Zacks Industry Rank of 228, placing it in the bottom 8% of over 250 industries [7]
Seanergy Maritime Holdings Corp (SHIP) Rises But Trails Market: What Investors Should Know
ZACKS· 2025-04-11 23:05
Core Viewpoint - Seanergy Maritime Holdings Corp is facing significant challenges, with anticipated earnings and revenue declines, which may impact investor sentiment and stock performance [2][3]. Financial Performance - The stock closed at $5.37, reflecting a +0.56% change from the previous day, but underperformed compared to the S&P 500's gain of 1.81% [1]. - Over the past month, the stock has decreased by 27.15%, significantly worse than the Transportation sector's decline of 11.49% and the S&P 500's loss of 6.14% [1]. - The upcoming earnings report is expected to show an EPS of -$0.44, a 177.19% decrease year-over-year, with revenue projected at $23.16 million, down 39.51% from the same quarter last year [2]. - For the full year, earnings are expected to be $0.62 per share and revenue at $147.39 million, representing declines of 73.95% and 11.98% respectively compared to last year [3]. Analyst Estimates and Market Sentiment - Recent changes in analyst estimates for Seanergy Maritime Holdings Corp are crucial, as they reflect short-term business trends and can influence stock performance [4]. - The Zacks Rank system, which evaluates estimate revisions, currently rates Seanergy Maritime Holdings Corp at 4 (Sell), indicating a negative outlook [6]. Valuation Metrics - The company has a Forward P/E ratio of 8.61, which is higher than the industry average of 7.85, suggesting a premium valuation [7]. - The Transportation - Shipping industry, where Seanergy operates, is ranked 169 out of over 250 industries, placing it in the bottom 32% [7][8].
CELEBRITY CRUISES' MUCH-LOVED SHIP CELEBRITY APEX® RETURNS TO SOUTHAMPTON FOR 2025 SUMMER SEASON FROM THE UK
Prnewswire· 2025-04-10 13:15
Core Insights - Celebrity Cruises is launching its second summer season with the Celebrity Apex from Southampton, offering itineraries ranging from four to 14 nights to various destinations including Northern Europe, Ibiza, and the Canary Islands [1][3][9] Itinerary and Experience - The Celebrity Apex will commence its European season on April 13, 2025, with an 11-night sailing to the Canary Islands and Portugal, featuring stops in Lisbon and Gran Canaria [3][4] - The inaugural President's Cruise will take place on May 17, 2025, providing guests with unique experiences, culinary events, and exclusive entertainment [4] Ship Features - Celebrity Apex is part of the Edge Series, known for its innovative design and enhanced guest experiences, including elevated dining options, wellness amenities, and high-energy entertainment [3][5][6] - The ship features 29 restaurants, bars, and lounges, offering a diverse range of globally inspired culinary experiences [6] Entertainment Offerings - Onboard entertainment includes three exclusive stage shows in The Theatre, along with intimate cabaret performances and themed activities throughout the ship [7] Company Overview - Celebrity Cruises operates a fleet that visits nearly 300 destinations across over 70 countries, combining the intimate feel of small ships with the variety of larger vessels [9][10] - The company is headquartered in Miami and is part of the Royal Caribbean Group [10]
Seanergy Maritime Holdings Corp (SHIP) Stock Declines While Market Improves: Some Information for Investors
ZACKS· 2025-04-02 23:05
Group 1 - Seanergy Maritime Holdings Corp closed at $6.34, down 1.86% from the previous day, underperforming the S&P 500's gain of 0.67% [1] - The company's stock has decreased by 6.1% over the past month, which is better than the Transportation sector's loss of 19.2% but worse than the S&P 500's loss of 5.28% [1] Group 2 - Analysts expect Seanergy Maritime Holdings Corp to report earnings of -$0.44 per share, reflecting a year-over-year decline of 177.19% [2] - The consensus estimate for revenue is $23.16 million, down 39.51% from the same quarter last year [2] Group 3 - For the full year, Zacks Consensus Estimates project earnings of $0.62 per share and revenue of $147.39 million, representing declines of 73.95% and 11.98% respectively from the prior year [3] Group 4 - Recent changes to analyst estimates for Seanergy Maritime Holdings Corp are being monitored, as positive revisions indicate analysts' confidence in the company's performance [4] Group 5 - Estimate revisions are correlated with near-term share price momentum, and the Zacks Rank system is used to evaluate these changes [5] Group 6 - The Zacks Rank system, which ranges from 1 (Strong Buy) to 5 (Strong Sell), shows that Seanergy Maritime Holdings Corp currently holds a Zacks Rank of 4 (Sell) [6] - Over the past month, the Zacks Consensus EPS estimate has increased by 3.95% [6] Group 7 - Seanergy Maritime Holdings Corp has a Forward P/E ratio of 10.42, which is a premium compared to the industry average Forward P/E of 9.2 [7] - The Transportation - Shipping industry holds a Zacks Industry Rank of 149, placing it in the bottom 41% of all industries [7]
Seanergy Maritime: Buy On Weakness
Seeking Alpha· 2025-03-28 15:00
Core Insights - The article emphasizes a preference for investments with clear value propositions, focusing on low price-to-book (P/B) and price-to-earnings (P/E) ratios rather than those reliant on future growth potential [1]. Group 1 - The author expresses a beneficial long position in the shares of SHIP, indicating confidence in the stock's value [1]. - The article is intended for informational purposes and does not serve as a recommendation to buy or sell any stock, highlighting the importance of conducting personal research [2]. - It is noted that past performance does not guarantee future results, and the views expressed may not reflect those of the broader platform [3].
Here's Why Seanergy Maritime Holdings Corp (SHIP) Fell More Than Broader Market
ZACKS· 2025-03-27 23:05
Company Performance - Seanergy Maritime Holdings Corp (SHIP) ended the latest trading session at $6.81, reflecting a -1.73% change from the previous close, underperforming the S&P 500's daily loss of 0.33% [1] - Over the past month, the company's shares have decreased by 3.08%, while the Transportation sector and the S&P 500 have lost 3.94% and 4.03%, respectively [1] Earnings Forecast - The upcoming earnings report for Seanergy Maritime Holdings Corp is projected to show an earnings per share (EPS) of -$0.44, which represents a 177.19% decrease from the same quarter last year [2] - Revenue is expected to be $23.16 million, indicating a 39.51% decline compared to the corresponding quarter of the previous year [2] Fiscal Year Estimates - For the entire fiscal year, Zacks Consensus Estimates predict an EPS of $0.62 and revenue of $147.39 million, reflecting changes of -73.95% and -11.98% from the previous year, respectively [3] Analyst Projections - Recent shifts in analyst projections for Seanergy Maritime Holdings Corp should be monitored, as upward revisions indicate analysts' positive outlook on the company's business operations and profit generation capabilities [4] Stock Price Performance Correlation - Empirical research shows that revisions in estimates correlate directly with impending stock price performance, which is utilized in the Zacks Rank model to provide an operational rating system [5] Zacks Rank - The Zacks Rank system ranges from 1 (Strong Buy) to 5 (Strong Sell), with 1 stocks historically generating an average annual return of +25% since 1988; currently, Seanergy Maritime Holdings Corp holds a Zacks Rank of 4 (Sell) [6] Valuation Metrics - The company's Forward P/E ratio is 11.18, which is a premium compared to the industry average Forward P/E of 9.05; the Transportation - Shipping industry has a Zacks Industry Rank of 167, placing it in the bottom 34% of over 250 industries [7]