Somewhat Positive Press Coverage Somewhat Unlikely to Affect Seaspan (SSW) Stock Price

Headlines about Seaspan (NYSE:SSW) have been trending somewhat positive recently, according to Accern Sentiment Analysis. Accern identifies negative and positive press coverage by monitoring more than 20 million blog and news sources in real time. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. Seaspan earned a daily sentiment score of 0.21 on Accern’s scale. Accern also gave media headlines about the shipping company an impact score of 45.8593212814756 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the immediate future.

Here are some of the media headlines that may have impacted Accern’s analysis:

Seaspan (NYSE:SSW) opened at $7.10 on Friday. The stock has a market capitalization of $878.78, a PE ratio of 15.43, a price-to-earnings-growth ratio of 1.99 and a beta of 0.60. Seaspan has a twelve month low of $5.02 and a twelve month high of $11.76. The company has a current ratio of 1.19, a quick ratio of 1.19 and a debt-to-equity ratio of 1.57.

Seaspan (NYSE:SSW) last issued its quarterly earnings data on Tuesday, October 31st. The shipping company reported $0.18 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.18. The company had revenue of $211.01 million for the quarter, compared to analyst estimates of $212.46 million. Seaspan had a return on equity of 7.14% and a net margin of 14.23%. During the same quarter last year, the company posted $0.29 earnings per share. sell-side analysts forecast that Seaspan will post 0.71 EPS for the current year.

Several equities analysts recently commented on SSW shares. ValuEngine lowered Seaspan from a “buy” rating to a “hold” rating in a report on Friday, September 1st. Jefferies Group started coverage on Seaspan in a report on Monday, December 18th. They set a “buy” rating and a $20.00 price objective on the stock. Four investment analysts have rated the stock with a sell rating, six have given a hold rating and one has assigned a buy rating to the company’s stock. Seaspan currently has a consensus rating of “Hold” and an average target price of $8.21.

COPYRIGHT VIOLATION NOTICE: This report was posted by Community Financial News and is the sole property of of Community Financial News. If you are viewing this report on another site, it was illegally stolen and republished in violation of U.S. & international copyright laws. The original version of this report can be read at https://www.com-unik.info/2017/12/23/somewhat-positive-press-coverage-somewhat-unlikely-to-affect-seaspan-ssw-stock-price.html.

About Seaspan

Seaspan Corporation is an independent charter owner and manager of containerships. The Company charters pursuant to long-term, fixed-rate time charters with various container liner companies. As of February 20, 2017, it had operated a fleet of 88 containerships and had entered into contracts for the purchase of an additional eight new building containerships.

Insider Buying and Selling by Quarter for Seaspan (NYSE:SSW)

Receive News & Ratings for Seaspan Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Seaspan and related companies with MarketBeat.com's FREE daily email newsletter.

Somewhat Positive Press Coverage Somewhat Unlikely to Affect Seaspan (SSW) Stock Price

Headlines about Seaspan (NYSE:SSW) have been trending somewhat positive recently, according to Accern Sentiment Analysis. Accern identifies negative and positive press coverage by monitoring more than 20 million blog and news sources in real time. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. Seaspan earned a daily sentiment score of 0.21 on Accern’s scale. Accern also gave media headlines about the shipping company an impact score of 45.8593212814756 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the immediate future.

Here are some of the media headlines that may have impacted Accern’s analysis:

Seaspan (NYSE:SSW) opened at $7.10 on Friday. The stock has a market capitalization of $878.78, a PE ratio of 15.43, a price-to-earnings-growth ratio of 1.99 and a beta of 0.60. Seaspan has a twelve month low of $5.02 and a twelve month high of $11.76. The company has a current ratio of 1.19, a quick ratio of 1.19 and a debt-to-equity ratio of 1.57.

Seaspan (NYSE:SSW) last issued its quarterly earnings data on Tuesday, October 31st. The shipping company reported $0.18 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.18. The company had revenue of $211.01 million for the quarter, compared to analyst estimates of $212.46 million. Seaspan had a return on equity of 7.14% and a net margin of 14.23%. During the same quarter last year, the company posted $0.29 earnings per share. sell-side analysts forecast that Seaspan will post 0.71 EPS for the current year.

Several equities analysts recently commented on SSW shares. ValuEngine lowered Seaspan from a “buy” rating to a “hold” rating in a report on Friday, September 1st. Jefferies Group started coverage on Seaspan in a report on Monday, December 18th. They set a “buy” rating and a $20.00 price objective on the stock. Four investment analysts have rated the stock with a sell rating, six have given a hold rating and one has assigned a buy rating to the company’s stock. Seaspan currently has a consensus rating of “Hold” and an average target price of $8.21.

COPYRIGHT VIOLATION NOTICE: This report was posted by Community Financial News and is the sole property of of Community Financial News. If you are viewing this report on another site, it was illegally stolen and republished in violation of U.S. & international copyright laws. The original version of this report can be read at https://www.com-unik.info/2017/12/23/somewhat-positive-press-coverage-somewhat-unlikely-to-affect-seaspan-ssw-stock-price.html.

About Seaspan

Seaspan Corporation is an independent charter owner and manager of containerships. The Company charters pursuant to long-term, fixed-rate time charters with various container liner companies. As of February 20, 2017, it had operated a fleet of 88 containerships and had entered into contracts for the purchase of an additional eight new building containerships.

Insider Buying and Selling by Quarter for Seaspan (NYSE:SSW)

Receive News & Ratings for Seaspan Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Seaspan and related companies with MarketBeat.com's FREE daily email newsletter.

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