Baltic Trading (NYSE: BALT) is one of 25 publicly-traded companies in the “Deep Sea Freight” industry, but how does it weigh in compared to its peers? We will compare Baltic Trading to related companies based on the strength of its risk, profitability, institutional ownership, earnings, valuation, dividends and analyst recommendations.
Valuation & Earnings
This table compares Baltic Trading and its peers top-line revenue, earnings per share (EPS) and valuation.
|Gross Revenue||Net Income||Price/Earnings Ratio|
|Baltic Trading Competitors||$220.64 million||-$76.22 million||18.43|
Insider & Institutional Ownership
51.9% of shares of all “Deep Sea Freight” companies are held by institutional investors. 4.1% of shares of all “Deep Sea Freight” companies are held by insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a company will outperform the market over the long term.
This is a breakdown of recent recommendations for Baltic Trading and its peers, as reported by MarketBeat.com.
|Sell Ratings||Hold Ratings||Buy Ratings||Strong Buy Ratings||Rating Score|
|Baltic Trading Competitors||151||488||600||6||2.37|
As a group, “Deep Sea Freight” companies have a potential upside of 22.63%. Given Baltic Trading’s peers higher probable upside, analysts plainly believe Baltic Trading has less favorable growth aspects than its peers.
This table compares Baltic Trading and its peers’ net margins, return on equity and return on assets.
|Net Margins||Return on Equity||Return on Assets|
|Baltic Trading Competitors||-63.28%||-14.87%||-5.12%|
Volatility and Risk
Baltic Trading has a beta of 1.33, suggesting that its stock price is 33% more volatile than the S&P 500. Comparatively, Baltic Trading’s peers have a beta of 1.90, suggesting that their average stock price is 90% more volatile than the S&P 500.
Baltic Trading peers beat Baltic Trading on 8 of the 8 factors compared.
Baltic Trading Company Profile
Baltic Trading Limited is a shipping business focused on the drybulk industry spot market. The Company’s fleet consists of four Capesize vessels, two Ultramax vessels, four Supramax vessels and five Handysize vessels with an aggregate carrying capacity of approximately 1,221,000 deadweight tons. Its fleet contains six groups of sister ships, which are vessels of virtually identical sizes and specifications. It operates a fleet of drybulk ships that transport iron ore, coal, grain, steel products and other drybulk cargoes along shipping routes around the world. It operates its vessels on spot market-related time charters, short-term time charters or in vessel pools trading in the spot market. Genco Shipping & Trading Limited (Genco) serves as the Company’s manager. Genco provides it with commercial and strategic management of its fleet.
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