Company Performance - Seanergy Maritime Holdings Corp's stock closed at $6.96, reflecting a +0.94% change from the previous trading day's close, outperforming the S&P 500's loss of 0.47% [1] - Over the past month, shares have depreciated by 0.86%, underperforming the Transportation sector's gain of 4.36% and the S&P 500's gain of 1.67% [1] Earnings Projections - The upcoming EPS for Seanergy Maritime Holdings Corp is projected at $0.39, indicating a 32.76% decline compared to the same quarter last year [2] - Revenue is expected to be $40.2 million, reflecting a 1.96% increase compared to the year-ago quarter [2] Analyst Estimates - Recent changes to analyst estimates for Seanergy Maritime Holdings Corp indicate short-term business trends, with positive revisions suggesting analyst optimism about the company's profitability [3] - The Zacks Rank system, which assesses these estimate changes, provides actionable ratings based on the correlation between estimate revisions and share price momentum [4] Zacks Rank and Valuation - Seanergy Maritime Holdings Corp currently holds a Zacks Rank of 3 (Hold), with no changes in the consensus EPS estimate over the past month [5] - The company is trading at a Forward P/E ratio of 3.66, which is below the industry average Forward P/E of 8.12 [6] Industry Context - The Transportation - Shipping industry, to which Seanergy Maritime Holdings Corp belongs, has a Zacks Industry Rank of 243, placing it in the bottom 4% of over 250 industries [6] - The Zacks Industry Rank measures the strength of industry groups, with the top 50% rated industries outperforming the bottom half by a factor of 2 to 1 [7]
Seanergy Maritime Holdings Corp (SHIP) Advances While Market Declines: Some Information for Investors