Seanergy Maritime Holdings Corp (SHIP) closed the most recent trading day at $10.22, moving +0.89% from the previous trading session. This change outpaced the S&P 500's 0.07% gain on the day. Elsewhere, the Dow lost 0.13%, while the tech-heavy Nasdaq added 0.14%. Looking at the full year, the Zacks Consensus Estimates suggest analysts are expecting earnings of $2.60 per share and revenue of $166.35 million. These totals would mark changes of +306.25% and +50.91%, respectively, from last year. The Zacks Rank ...

In the latest market close, Seanergy Maritime Holdings Corp (SHIP) reached $10.16, with a -1.07% movement compared to the previous day. The stock's performance was behind the S&P 500's daily gain of 0.09%. On the other hand, the Dow registered a loss of 0.1%, and the technology-centric Nasdaq increased by 0.16%. Shares of the company witnessed a loss of 14.49% over the previous month, trailing the performance of the Transportation sector with its loss of 2.02% and the S&P 500's gain of 2.83%. Analysts and i ...

Seanergy Maritime Holdings Corp (SHIP) has recently been on Zacks.com's list of the most searched stocks. Therefore, you might want to consider some of the key factors that could influence the stock's performance in the near future. Although media reports or rumors about a significant change in a company's business prospects usually cause its stock to trend and lead to an immediate price change, there are always certain fundamental factors that ultimately drive the buy-and-hold decision. Earnings Estimate R ...

Here at Zacks, we focus on our proven ranking system, which places an emphasis on earnings estimates and estimate revisions, to find winning stocks. But we also understand that investors develop their own strategies, so we are constantly looking at the latest trends in value, growth, and momentum to find strong companies for our readers. Of these, value investing is easily one of the most popular ways to find great stocks in any market environment. Value investors rely on traditional forms of analysis on ke ...

Seanergy Maritime Holdings Corp (SHIP) closed the most recent trading day at $10.72, moving +0.85% from the previous trading session. The stock's performance was ahead of the S&P 500's daily gain of 0.77%. On the other hand, the Dow registered a gain of 0.49%, and the technology-centric Nasdaq increased by 0.95%. The investment community will be closely monitoring the performance of Seanergy Maritime Holdings Corp in its forthcoming earnings report. The company's earnings per share (EPS) are projected to be ...

Seanergy Maritime Holdings is expected to post earnings of $0.70 per share for the current quarter, representing a year-over-year change of +288.9%. Over the last 30 days, the Zacks Consensus Estimate has changed +76.4%. Comparing the current value of a company's valuation multiples, such as its price-to-earnings (P/E), price-tosales (P/S), and price-to-cash flow (P/CF), to its own historical values helps ascertain whether its stock is fairly valued, overvalued, or undervalued, whereas comparing the company ...

About Seanergy Maritime Holdings Corp. GLYFADA, Greece, June 13, 2024 (GLOBE NEWSWIRE) -- Seanergy Maritime Holdings Corp. (the "Company" or "Seanergy") (NASDAQ:SHIP) announced today the delivery of a previously-announced Capesize vessel acquisition, the M/V Iconship (the "Vessel"), and the simultaneous commencement of its time charter ("T/C") employment. The Vessel is a 181,392 dwt Capesize bulk carrier, built in 2013 by Imabari Shipbuilding Co., Ltd., in Japan. The M/V Iconship has been fixed on a time-ch ...

Group 1 - Seanergy Maritime Holdings Corp (SHIP) closed at $11.47, with a 6.8% gain over the past four weeks, and a mean price target of $14.67 suggests a 27.9% upside potential [1] - The average price target ranges from a low of $14 to a high of $15, with a standard deviation of $0.58, indicating strong agreement among analysts [6] - Analysts have shown optimism regarding SHIP's earnings prospects, with two estimates moving higher in the last 30 days, resulting in a 44.9% increase in the Zacks Consensus Estimate [11] Group 2 - SHIP holds a Zacks Rank 1 (Strong Buy), placing it in the top 5% of over 4,000 ranked stocks based on earnings estimates [12] - The correlation between earnings estimate revisions and near-term stock price movements supports the expectation of an upside in SHIP's stock [10] - Analysts' tendency to set overly optimistic price targets due to business incentives can mislead investors, suggesting that price targets should be approached with skepticism [8][9]

Core Viewpoint - Investors are encouraged to focus on breakout stocks, which are stocks poised to rise above their established trading bands for potential significant returns [1]. Group 1: Breakout Stock Selection - Breakout stocks are identified by calculating their support and resistance levels, where support is the lower price limit and resistance is the upper price limit [3][4]. - A genuine breakout occurs when a stock surpasses its resistance level, which then becomes its new support level, indicating a potential for continued upward movement [6]. Group 2: Screening Criteria - The selection criteria for breakout stocks include: - A percentage price change over four weeks between 10% and 20% [7]. - A current price that is at least 90% of the 52-week high [7]. - A Zacks Rank of 2 or better, indicating strong buy potential [7]. - A beta of 2 or less, suggesting reasonable volatility compared to the broader market [8]. - A current price of $20 or less, ensuring affordability [8]. Group 3: Featured Breakout Stocks - BrightView (BV) is a commercial landscaping service provider in the U.S. with an expected earnings growth rate of 78.6% for the current year and a Zacks Rank of 2 [8]. - Kronos Worldwide (KRO) is a leading producer of TiO2 with an expected earnings growth rate of 297.7% for the current year and a Zacks Rank of 2 [9]. - Seanergy Maritime Holdings (SHIP) is a pure-play Capesize ship owner in the U.S. with an expected earnings growth rate of 306.3% for the current year and a Zacks Rank of 2 [10].

Here at Zacks, we focus on our proven ranking system, which places an emphasis on earnings estimates and estimate revisions, to find winning stocks. But we also understand that investors develop their own strategies, so we are constantly looking at the latest trends in value, growth, and momentum to find strong companies for our readers. Looking at the history of these trends, perhaps none is more beloved than value investing. This strategy simply looks to identify companies that are being undervalued by th ...