Top Ships Stock Buy Hold or Sell Recommendation
| TOPS Stock | USD 7.80 0.10 1.30% |
Given the investment horizon of 90 days and your highly speculative risk level, our recommendation regarding TOP Ships is 'Strong Hold'. A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell TOP Ships given historical horizon and risk tolerance towards TOP Ships. When Macroaxis issues a 'buy' or 'sell' recommendation for TOP Ships, the advice is generated through an automated system that utilizes algorithms and statistical models.
Check out TOP Ships Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. For more information on how to buy TOP Stock please use our How to Invest in TOP Ships guide. Note, we conduct extensive research on individual companies such as TOP and provide practical buy, sell, or hold advice based on investors' constraints. TOP Ships. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey.
TOP |
Execute TOP Ships Buy or Sell Advice
The TOP recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on TOP Ships. Macroaxis does not own or have any residual interests in TOP Ships or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute TOP Ships' advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Strong Hold
Market Performance | Very Weak | Details | |
Volatility | Not too volatile | Details | |
Hype Condition | Over hyped | Details | |
Current Valuation | Undervalued | Details | |
Odds Of Distress | Average | Details | |
Economic Sensitivity | Slowly supersedes the market | Details | |
Investor Sentiment | Alarmed | Details | |
Analyst Consensus | Buy | Details | |
Financial Strenth (F Score) | Healthy | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
TOP Ships Trading Alerts and Improvement Suggestions
| TOP Ships generated a negative expected return over the last 90 days | |
| TOP Ships has high likelihood to experience some financial distress in the next 2 years | |
| TOP Ships currently holds 260.83 M in liabilities with Debt to Equity (D/E) ratio of 1.43, which is about average as compared to similar companies. TOP Ships has a current ratio of 0.46, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Note, when we think about TOP Ships' use of debt, we should always consider it together with its cash and equity. | |
| About 75.0% of TOP Ships outstanding shares are owned by corporate insiders | |
| Latest headline from news.google.com: Technical Pivots with Risk Controls - Stock Traders Daily |
TOP Ships Returns Distribution Density
The distribution of TOP Ships' historical returns is an attempt to chart the uncertainty of TOP Ships' future price movements. The chart of the probability distribution of TOP Ships daily returns describes the distribution of returns around its average expected value. We use TOP Ships price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of TOP Ships returns is essential to provide solid investment advice for TOP Ships.
| Mean Return | -0.25 | Value At Risk | -2.95 | Potential Upside | 5.29 | Standard Deviation | 2.42 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of TOP Ships historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
TOP Stock Institutional Investors
The TOP Ships' institutional investors refer to entities that pool money to purchase TOP Ships' securities or originate loans. These institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds.
| Shares | Dimensional Fund Advisors, Inc. | 2024-09-30 | 16.7 K | Cetera Investment Advisers | 2024-06-30 | 14.8 K | Morgan Stanley - Brokerage Accounts | 2024-06-30 | 6 K | Ubs Group Ag | 2024-06-30 | 2.2 K | Federation Des Caisses Desjardins Du Quebec | 2024-06-30 | 1.4 K | Oarsman Capital, Inc | 2024-09-30 | 1000 | Tower Research Capital Llc | 2024-06-30 | 622 | Jpmorgan Chase & Co | 2024-06-30 | 138 | Advisor Group Holdings, Inc. | 2024-06-30 | 4.0 | Ncp Inc. | 2024-09-30 | 1.0 | Northwestern Mutual Wealth Management Co | 2024-06-30 | 1.0 |
TOP Ships Cash Flow Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Change In Cash | 5.6M | 10.1M | (17.0M) | 18.2M | 15.4M | 16.2M | |
| Free Cash Flow | (184.0M) | (114.8M) | (99.5M) | (183.3M) | 27.3M | 28.6M | |
| Depreciation | 12.4M | 13.2M | 15.6M | 21.9M | 14.3M | 13.7M | |
| Other Non Cash Items | 3.6M | 6.2M | 840K | 2.4M | 12.3M | 12.9M | |
| Capital Expenditures | 63.6M | 203.2M | 120.8M | 115.5M | 216.7M | 0.0 | |
| Net Income | (14.8M) | (22.8M) | 8.6M | 18.9M | 6.1M | 6.4M | |
| End Period Cash Flow | 13.3M | 23.3M | 6.4M | 24.5M | 36.0M | 22.6M | |
| Change To Inventory | (385K) | 334K | (157K) | (355K) | 111K | 105.5K | |
| Investments | (203.3M) | (7.9M) | (76.7M) | (142.7M) | 2.5M | 2.6M | |
| Net Borrowings | 61.2M | 189.0M | (209.4M) | 46.5M | 41.8M | 25.3M | |
| Change To Netincome | (2.3M) | 14.7M | 12.3M | 1.8M | 2.1M | 3.3M |
TOP Ships Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to TOP Ships or Oil, Gas & Consumable Fuels sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that TOP Ships' price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a TOP stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over Dow Jones | -0.3 | |
β | Beta against Dow Jones | 0.42 | |
σ | Overall volatility | 2.46 | |
Ir | Information ratio | -0.15 |
TOP Ships Volatility Alert
TOP Ships exhibits very low volatility with skewness of 0.51 and kurtosis of 1.87. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure TOP Ships' stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact TOP Ships' stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.TOP Ships Fundamentals Vs Peers
Comparing TOP Ships' fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze TOP Ships' direct or indirect competition across all of the common fundamentals between TOP Ships and the related equities. This way, we can detect undervalued stocks with similar characteristics as TOP Ships or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of TOP Ships' fundamental indicators could also be used in its relative valuation, which is a method of valuing TOP Ships by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare TOP Ships to competition |
| Fundamentals | TOP Ships | Peer Average |
| Return On Equity | 0.0137 | -0.31 |
| Return On Asset | 0.0381 | -0.14 |
| Profit Margin | 0.03 % | (1.27) % |
| Operating Margin | 0.34 % | (5.51) % |
| Current Valuation | 296.34 M | 16.62 B |
| Shares Outstanding | 4.63 M | 571.82 M |
| Shares Owned By Insiders | 74.80 % | 10.09 % |
| Shares Owned By Institutions | 6.49 % | 39.21 % |
| Number Of Shares Shorted | 90.08 K | 4.71 M |
| Price To Earning | 0.83 X | 28.72 X |
| Price To Book | 0.26 X | 9.51 X |
| Price To Sales | 0.42 X | 11.42 X |
| Revenue | 82.95 M | 9.43 B |
| Gross Profit | 49.54 M | 27.38 B |
| EBITDA | 43.08 M | 3.9 B |
| Net Income | 6.07 M | 570.98 M |
| Cash And Equivalents | 14.27 M | 2.7 B |
| Cash Per Share | 6.05 X | 5.01 X |
| Total Debt | 260.83 M | 5.32 B |
| Debt To Equity | 1.43 % | 48.70 % |
| Current Ratio | 0.47 X | 2.16 X |
| Book Value Per Share | 30.55 X | 1.93 K |
| Cash Flow From Operations | 27.27 M | 971.22 M |
| Short Ratio | 6.59 X | 4.00 X |
| Earnings Per Share | (13.56) X | 3.12 X |
| Target Price | 29.0 | |
| Beta | 1.74 | -0.15 |
| Market Capitalization | 35.62 M | 19.03 B |
| Total Asset | 459.19 M | 29.47 B |
| Retained Earnings | (311.74 M) | 9.33 B |
| Working Capital | (2.64 M) | 1.48 B |
| Current Asset | 5.27 M | 9.34 B |
| Current Liabilities | 18.27 M | 7.9 B |
Note: Disposition of 27500 shares by Ronin Capital, Llc of TOP Ships at 3.865 subject to Rule 16b-3 [view details]
TOP Ships Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as TOP . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
About TOP Ships Buy or Sell Advice
When is the right time to buy or sell TOP Ships? Buying financial instruments such as TOP Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.
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Additional Tools for TOP Stock Analysis
When running TOP Ships' price analysis, check to measure TOP Ships' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy TOP Ships is operating at the current time. Most of TOP Ships' value examination focuses on studying past and present price action to predict the probability of TOP Ships' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move TOP Ships' price. Additionally, you may evaluate how the addition of TOP Ships to your portfolios can decrease your overall portfolio volatility.