PSHG Stock Overview
Provides shipping transportation services through its tanker vessels worldwide. More details
| Snowflake Score | |
|---|---|
| Valuation | 5/6 |
| Future Growth | 2/6 |
| Past Performance | 3/6 |
| Financial Health | 5/6 |
| Dividends | 0/6 |
Rewards
Risk Analysis
My Notes
Capture your thoughts, links and company narrative
Performance Shipping Inc. Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$1.76 |
| 52 Week High | US$2.58 |
| 52 Week Low | US$1.61 |
| Beta | 0.18 |
| 1 Month Change | -2.22% |
| 3 Month Change | -5.92% |
| 1 Year Change | -23.48% |
| 3 Year Change | -97.40% |
| 5 Year Change | -98.59% |
| Change since IPO | -100.00% |
Recent News & Updates
Recent updates
Performance Shipping (NASDAQ:PSHG) Is Investing Its Capital With Increasing Efficiency
Oct 04
There's Been No Shortage Of Growth Recently For Performance Shipping's (NASDAQ:PSHG) Returns On Capital
Jul 04Performance Shipping (NASDAQ:PSHG) Is Experiencing Growth In Returns On Capital
Mar 04Performance Shipping to acquire Aframax tanker vessel for $35M
Sep 30Performance Shipping announces time charter contract for LR2 Aframax oil product tanker
Sep 22Performance Shipping terminates ATM offering agreement with H.C. Wainwright
Aug 22Performance Shipping plummets on pricing $15M in stock offering
Aug 12Health Check: How Prudently Does Performance Shipping (NASDAQ:PSHG) Use Debt?
Aug 12Performance Shipping GAAP EPS of $0.10, revenue of $16.71M
Aug 04Performance Shipping charters M/T Blue Moon tanker vessel for $23K/day
Jul 28Performance receives Nasdaq notification regarding minimum bid price requirement
Jul 18Performance Shipping takes delivery of Aframax Tanker Vessel
Jul 05Performance Shipping GAAP EPS of -$3.43, revenue of $8.57M
Jun 29Performance Shipping: Equity Offering Dilutes Common Shareholders At A 95% Discount To Net Asset Value - Sell
May 30Assessing Performance Shipping's Extended Tender Offer
Jan 27Performance Shipping - Assessing Recent Common Share Exchange Offer
Jan 07Performance Shipping (NASDAQ:PSHG) Shareholders Will Want The ROCE Trajectory To Continue
May 06Performance Shipping: Aggressive Fleet Expansion Targets Likely To Result In Material Dilution Again
Apr 21We Think That There Are Issues Underlying Performance Shipping's (NASDAQ:PSHG) Earnings
Mar 12Is Performance Shipping (NASDAQ:PSHG) Using Too Much Debt?
Feb 02
Can Performance Shipping (NASDAQ:PSHG) Continue To Grow Its Returns On Capital?
Dec 11Performance Shipping reports Q3 results
Nov 16Performance Shipping: On Momentum Watch After Reverse Stock Split Reduces Free Float To Just 2.7 Million Shares
Nov 02Shareholder Returns
| PSHG | US Shipping | US Market | |
|---|---|---|---|
| 7D | 7.6% | -6.5% | -2.4% |
| 1Y | -23.5% | 11.2% | 23.3% |
Return vs Industry: PSHG underperformed the US Shipping industry which returned 11.2% over the past year.
Return vs Market: PSHG underperformed the US Market which returned 23.3% over the past year.
Price Volatility
| PSHG volatility | |
|---|---|
| PSHG Average Weekly Movement | 6.2% |
| Shipping Industry Average Movement | 4.9% |
| Market Average Movement | 6.3% |
| 10% most volatile stocks in US Market | 16.8% |
| 10% least volatile stocks in US Market | 3.1% |
Stable Share Price: PSHG has not had significant price volatility in the past 3 months compared to the US market.
Volatility Over Time: PSHG's weekly volatility (6%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 2010 | 209 | Andreas Michalopoulos | www.pshipping.com |
Performance Shipping Inc. provides shipping transportation services through its tanker vessels worldwide. As of December 31, 2023, its fleet consisted of seven Aframax tanker vessels with a combined carrying capacity of 735,910 DWT. The company was incorporated in 2010 and is based in Athens, Greece.
Performance Shipping Inc. Fundamentals Summary
| PSHG fundamental statistics | |
|---|---|
| Market cap | US$21.88m |
| Earnings (TTM) | US$57.15m |
| Revenue (TTM) | US$89.61m |
0.4x
P/E Ratio0.2x
P/S RatioIs PSHG overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| PSHG income statement (TTM) | |
|---|---|
| Revenue | US$89.61m |
| Cost of Revenue | US$24.21m |
| Gross Profit | US$65.40m |
| Other Expenses | US$8.24m |
| Earnings | US$57.15m |
Last Reported Earnings
Sep 30, 2024
Next Earnings Date
n/a
| Earnings per share (EPS) | 4.60 |
| Gross Margin | 72.98% |
| Net Profit Margin | 63.78% |
| Debt/Equity Ratio | 18.5% |
How did PSHG perform over the long term?
See historical performance and comparisonCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 03:29 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Performance Shipping Inc. is covered by 13 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Charles Fratt | Alliance Global Partners |
| Brandon Oglenski | Barclays |
| Kenneth Hoexter | BofA Global Research |