Performance Shipping Stock In The News

PSHG Stock  USD 1.80  0.05  2.70%   
The analysis of Performance Shipping's news coverage and content from conventional and social sources shows investors' indifference towards Performance Shipping. The specific impact of Performance Shipping news on its stock price will depend on a range of factors, including the nature and significance of the news report and investors' perceptions of Performance Shipping's overall financial health and prospects. It also depends on the type and quality of a news publisher.
  
Some academic researchers believe in a strong correlation between financial news and their impacts on the movements of stock prices. Macroaxis does not take a position on this subject and only provides tools that can help investors to time the market using Performance Shipping headlines in addition to utilizing other, more conventional financial analysis modules. Check out Performance Shipping Backtesting and Performance Shipping Hype Analysis.
For more detail on how to invest in Performance Stock please use our How to Invest in Performance Shipping guide.

Performance Shipping Today Top News and Investor Outlook

Yahoo News
Performance Shipping Inc. Secures Two Year Time Charter Contract With Oil Major at US$37,200 Per Day
https://finance.yahoo.com/news/performance-shipping-inc-secures-two-142800536.html
 Neutral
Macroaxis News: globenewswire.com
Performance Shipping Inc. Reports Financial Results for the Third Quarter and Nine Months Ended September 30, 2023
https://www.globenewswire.com/news-release/2023/11/27/2786274/14069/en/Performance-Shipping-Inc-Reports-Financial-Results-for-the-Third-Quarter-and-Nine-Months-Ended-September-30-2023.html
 Bullish
Macroaxis News: globenewswire.com
Performance Shipping Inc. Announces Filing of Amendment No. 2 to the Solicitation and Recommendation Statement on Schedule 14D-9
https://www.globenewswire.com/news-release/2023/11/15/2780794/14069/en/Performance-Shipping-Inc-Announces-Filing-of-Amendment-No-2-to-the-Solicitation-and-Recommendation-Statement-on-Schedule-14D-9.html
 Neutral
Macroaxis News: globenewswire.com
Performance Shipping Inc. Announces the Sale of 2007 Built M/T P. Kikuma for US$39.3 Million
https://www.globenewswire.com/news-release/2023/11/14/2780202/14069/en/Performance-Shipping-Inc-Announces-the-Sale-of-2007-Built-M-T-P-Kikuma-for-US-39-3-Million.html
 Neutral
Macroaxis News: globenewswire.com
Performance Shipping Inc. Announces Initiation of Analyst Coverage by Maxim Group
https://www.globenewswire.com/news-release/2023/08/31/2735367/14069/en/Performance-Shipping-Inc-Announces-Initiation-of-Analyst-Coverage-by-Maxim-Group.html
 Neutral
Macroaxis News: globenewswire.com
Performance Shipping Inc. Announces Completion of US$2 Million Share Buyback Plan and Initiates New US$2 Million Share Buyback Plan
https://www.globenewswire.com/news-release/2023/08/21/2728744/14069/en/Performance-Shipping-Inc-Announces-Completion-of-US-2-Million-Share-Buyback-Plan-and-Initiates-New-US-2-Million-Share-Buyback-Plan.html
 Bullish
Macroaxis News: globenewswire.com
Performance Shipping Inc. Regains Compliance With Nasdaq Minimum Bid Price Requirement
https://www.globenewswire.com/news-release/2023/08/16/2726482/14069/en/Performance-Shipping-Inc-Regains-Compliance-With-Nasdaq-Minimum-Bid-Price-Requirement.html
 Neutral
Macroaxis News: globenewswire.com
Performance Shipping Inc. Announces Entr...
https://www.globenewswire.com/news-release/2023/08/07/2719797/14069/en/Performance-Shipping-Inc-Announces-Entry-Into-New-Revolving-Credit-Facility-With-Nordea-Bank-at-Favorable-Terms-Resulting-in-No-Debt-Maturities-Prior-To-Mid-2027.html
 Bullish
Macroaxis News: globenewswire.com
Performance Shipping Inc. Reports Net In...
https://www.globenewswire.com/news-release/2023/07/27/2712296/14069/en/Performance-Shipping-Inc-Reports-Net-Income-of-18-4-Million-a-Second-Consecutive-Record-1-7-Million-Shares-Repurchased-for-the-Second-Quarter-2023-and-Financial-Results-for-the-Sec.html
 Neutral
Macroaxis News: globenewswire.com
Performance Shipping Inc. Announces Time...
https://www.globenewswire.com/news-release/2023/06/27/2695417/14069/en/Performance-Shipping-Inc-Announces-Time-Charter-Contract-With-ST-Shipping-at-Fixed-Floor-Rate-of-US-45-000-Per-Day-Plus-50-50-Profit-Share-for-LR2-Tanker-M-T-P-Aliki.html
 Neutral

Performance Shipping Past News Timeline

Popular news outlets such as MarketWatch, Bloomberg, or Reuters provide Performance and other traded companies coverage with news coverage. We help investors stay connected with Performance headlines for the 25th of November to make an informed investment decision based on correlating the impacts of news items on Performance Stock performance. Please note that trading solely based on the Performance Shipping hype is not for everyone as timely availability and quick action are needed to avoid losses.
Performance Shipping's linear event process diagram shows some of the filtered current and past headlines as well as many other corporate-specific events such as SEC filings, dividends, and regulatory reporting available to the public. This module can help Performance Shipping investors visualize upcoming and past events in order to time the market based on Performance Shipping noise-free hype analysis.
Performance Shipping stock price changes are notoriously difficult to predict based exclusively on its news coverage or social hype. Still, the Performance earnings-per-share ratio is a good starting point for gauging a company's future prospects. If a firm's EPS rises and meets or even beats consensus forecasts, its shares stand to increase. However, some very sophisticated investors can spot management manipulation of EPS through actions such as buybacks.
Far too much social signal, news, headlines, and media speculation about Performance Shipping that are available to investors today. That information is available publicly through Performance media outlets and privately through word of mouth or via Performance internal channels. However, regardless of the origin, that massive amount of Performance data is challenging to quantify into actionable patterns, especially for investors that are not very sophisticated with ever-evolving tools and techniques used in the investment management field.
A primary focus of Performance Shipping news analysis is to determine if its current price reflects all relevant headlines and social signals impacting the current market conditions. A news analyst typically looks at the history of Performance Shipping relative headlines and hype rather than examining external drivers such as technical or fundamental data. It is believed that price action tends to repeat itself due to investors' collective, patterned thinking related to Performance Shipping's headlines and news coverage data. This data is often completely overlooked or insufficiently analyzed for actionable insights to drive Performance Shipping alpha.

Performance Largest EPS Surprises

Earnings surprises can significantly impact Performance Shipping's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate.
Reported
Fiscal Date
Estimated EPS
Reported EPS
Surprise
2024-05-30
2024-03-310.260.290.0311 
2024-11-25
2024-09-300.250.320.0728 
2022-11-14
2022-09-300.20.1-0.150 
2022-08-05
2022-06-30-0.380.10.48126 
2022-02-25
2021-12-31-5.85-6.6-0.7512 
2021-07-30
2021-06-30-7.2-7.95-0.7510 
View All Earnings Estimates

Performance Shipping Stock Latest Headlines

Some academic researchers believe in a strong correlation between financial news and their impacts on the movements of stock prices. Macroaxis does not take a position on this subject and only provides tools that can help investors to time the market using conventional financial analysis. Below is the latest headlines and news related to Performance Shipping Stock. Current markets are strongly bullish. About 89% of major world exchanges and indexes are currently up. See today's market update for more information.
Macroaxis News: globenewswire.com
19th of November 2024
Performance Shipping Inc. Highlights Companys Platform for Growth and Shareholder Value Cr...
at globenewswire.com 
Macroaxis News: globenewswire.com
7th of November 2024
Performance Shipping Inc. Reports Financial Results for the Third Quarter and Nine-Months ...
at globenewswire.com 
Yahoo News
18th of September 2024
Performance Shippings Returns On Capital Are Heading Higher
at finance.yahoo.com 

Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Performance Shipping in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Performance Shipping's short interest history, or implied volatility extrapolated from Performance Shipping options trading.
When determining whether Performance Shipping is a strong investment it is important to analyze Performance Shipping's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Performance Shipping's future performance. For an informed investment choice regarding Performance Stock, refer to the following important reports:
Check out Performance Shipping Backtesting and Performance Shipping Hype Analysis.
For more detail on how to invest in Performance Stock please use our How to Invest in Performance Shipping guide.
You can also try the Portfolio Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.
Is Marine Transportation space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Performance Shipping. If investors know Performance will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Performance Shipping listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.179
Earnings Share
1.53
Revenue Per Share
7.294
Quarterly Revenue Growth
(0.05)
Return On Assets
0.0833
The market value of Performance Shipping is measured differently than its book value, which is the value of Performance that is recorded on the company's balance sheet. Investors also form their own opinion of Performance Shipping's value that differs from its market value or its book value, called intrinsic value, which is Performance Shipping's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Performance Shipping's market value can be influenced by many factors that don't directly affect Performance Shipping's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Performance Shipping's value and its price as these two are different measures arrived at by different means. Investors typically determine if Performance Shipping is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Performance Shipping's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.