Earnings To Watch: Seanergy Maritime Holdings Corp (SHIP) Reports Q3 2024 Result

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Nov 04, 2024
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Seanergy Maritime Holdings Corp (SHIP, Financial) is set to release its Q3 2024 earnings on Nov 5, 2024. The consensus estimate for Q3 2024 revenue is $45.84 million, and the earnings are expected to come in at $0.75 per share. The full year 2024's revenue is expected to be $172.44 million and the earnings are expected to be $2.64 per share. More detailed estimate data can be found on the Forecast page.

Seanergy Maritime Holdings Corp (SHIP, Financial) Estimates Trends

Over the past 90 days, revenue estimates for Seanergy Maritime Holdings Corp (SHIP) have seen an increase. For the full year 2024, estimates have risen from $167.96 million to $172.44 million. For 2025, estimates have increased from $174.98 million to $179.83 million. Similarly, earnings estimates have also been revised upwards; for the full year 2024, estimates have moved from $2.45 per share to $2.64 per share, and for 2025, from $2.36 per share to $2.77 per share.

Seanergy Maritime Holdings Corp (SHIP, Financial) Reported History

In the previous quarter of June 30, 2024, Seanergy Maritime Holdings Corp's (SHIP) actual revenue was $43.13 million, which beat analysts' revenue expectations of $41.059 million by 5.05%. Seanergy Maritime Holdings Corp's (SHIP) actual earnings were $0.68 per share, which beat analysts' earnings expectations of $0.587 per share by 16.01%. After releasing the results, Seanergy Maritime Holdings Corp (SHIP) was up by 13.91% in one day.

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Seanergy Maritime Holdings Corp (SHIP, Financial) 12 Month Price Targets

Based on the one-year price targets offered by 4 analysts, the average target price for Seanergy Maritime Holdings Corp (SHIP) is $15 with a high estimate of $17 and a low estimate of $14. The average target implies an upside of 60.94% from the current price of $9.32.

Based on GuruFocus estimates, the estimated GF Value for Seanergy Maritime Holdings Corp (SHIP, Financial) in one year is $8.78, suggesting a downside of -5.79% from the current price of $9.32.

Based on the consensus recommendation from 4 brokerage firms, Seanergy Maritime Holdings Corp's (SHIP, Financial) average brokerage recommendation is currently 1.8, indicating an "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.

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This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.

Disclosures

I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.