Is TOP Ships Stock a Good Investment?
TOP Ships Investment Advice | TOPS |
- Examine TOP Ships' financial health by looking at its balance sheet, income statement, and cash flow statement. Analyze key financial ratios, such as Price-to-Earnings (P/E), Price-to-Sales (P/S), and Price-to-Book (P/B), to determine whether the stock is fairly valued or over/undervalued.
- Research TOP Ships' leadership team and their track record. Good management can help TOP Ships navigate difficult times and make strategic decisions that benefit shareholders and increases its net worth.
- Consider the overall health of the Oil & Gas Storage & Transportation space and any emerging trends that could impact TOP Ships' business and its evolving consumer preferences.
- Compare TOP Ships' performance and market position to its competitors. Analyze how TOP Ships is positioned in terms of product offerings, innovation, and market share.
- Check if TOP Ships pays a dividend and its dividend yield and payout ratio.
- Review what financial analysts are saying about TOP Ships' stock and their price targets. However, remember that analysts' opinions can vary, and their predictions may not always be accurate.
It's important to note that investing in TOP Ships stock, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember that it's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. Below is a detailed guide on how to decide if TOP Ships is a good investment.
Sell | Buy |
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 | Barely shadows 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 |
Examine TOP Ships Stock
Researching TOP Ships' stock involves analyzing various aspects of the company and its industry to make an informed investment decision. The key areas to focus on are fundamentals, business model and competitive advantage. It is also important to analyze trends in revenue, net income, and cash flow, as well as key financial ratios, such as price-to-earnings (P/E), price-to-sales (P/S), and debt-to-equity (D/E). About 75.0% of the company outstanding shares are owned by corporate insiders. The company has price-to-book ratio of 0.26. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. TOP Ships recorded a loss per share of 13.56. The entity last dividend was issued on the 12th of April 2006. The firm had 1:12 split on the 29th of September 2023.
To determine if TOP Ships is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding TOP Ships' research are outlined below:
| 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 Quarterly Cash And Short Term Investments |
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TOP Ships uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in TOP Ships. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to TOP Ships' previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
| 6th of March 2024 Upcoming Quarterly Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View |
Earnings surprises can significantly impact TOP Ships' 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. Below are the table of largest EPS Surprises TOP Ships' investors have experienced.
| Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
|---|---|---|---|---|---|---|---|
2010-08-05 | 2010-06-30 | 999999.9999 | -999999.9999 | -1999999.9998 | 200 | ||
2008-06-12 | 2008-03-31 | 999999.9999 | -999999.9999 | -1999999.9998 | 200 | ||
2007-05-17 | 2007-03-31 | -999999.9999 | 999999.9999 | 1999999.9998 | 200 |
Know TOP Ships' Top Institutional Investors
Have you ever been surprised when a price of an equity instrument such as TOP Ships is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading TOP Ships backward and forwards among themselves. TOP Ships' institutional investor refers to the entity that pools money to purchase TOP Ships' securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| 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' market capitalization trends
The company currently falls under 'Micro-Cap' category with a current market capitalization of 36.14 M.Market Cap |
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TOP Ships' profitablity analysis
| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | 0.01 | 0.01 | |
| Return On Capital Employed | 0.07 | 0.07 | |
| Return On Assets | 0.01 | 0.01 | |
| Return On Equity | 0.03 | 0.03 |
Determining TOP Ships' profitability involves analyzing its financial statements and using various financial metrics to determine if TOP Ships is a good buy. For example, gross profit margin measures TOP Ships' profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of TOP Ships' profitability and make more informed investment decisions.
Please note, the imprecision that can be found in TOP Ships' accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of TOP Ships. Check TOP Ships' Beneish M Score to see the likelihood of TOP Ships' management manipulating its earnings.
Evaluate TOP Ships' management efficiency
TOP Ships has return on total asset (ROA) of 0.0381 % which means that it generated a profit of $0.0381 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 0.0137 %, meaning that it created $0.0137 on every $100 dollars invested by stockholders. TOP Ships' management efficiency ratios could be used to measure how well TOP Ships manages its routine affairs as well as how well it operates its assets and liabilities. Return On Tangible Assets is likely to gain to 0.01 in 2024. Return On Capital Employed is likely to gain to 0.07 in 2024. At this time, TOP Ships' Other Assets are comparatively stable compared to the past year. Total Current Assets is likely to gain to about 51 M in 2024, whereas Non Current Assets Total are likely to drop slightly above 270.3 M in 2024.| Last Reported | Projected for Next Year | ||
| Book Value Per Share | 101.95 | 96.85 | |
| Tangible Book Value Per Share | 101.95 | 96.85 | |
| Enterprise Value Over EBITDA | 5.87 | 6.17 | |
| Price Book Value Ratio | 0.15 | 0.15 | |
| Enterprise Value Multiple | 5.87 | 6.17 | |
| Price Fair Value | 0.15 | 0.15 | |
| Enterprise Value | 253 M | 255.5 M |
Effective leadership at TOP Ships drives its competitive edge in the market. Our analysis focuses on how this translates to financial performance and stock value.
Beta 1.74 |
Basic technical analysis of TOP Stock
As of the 26th of November, TOP Ships has the variance of 5.83, and Risk Adjusted Performance of (0.05). Compared to fundamental indicators, the technical analysis model makes it possible for you to check available technical drivers of TOP Ships, as well as the relationship between them. Please validate TOP Ships risk adjusted performance, information ratio, as well as the relationship between the Information Ratio and kurtosis to decide if TOP Ships is priced fairly, providing market reflects its prevalent price of 7.8 per share. Given that TOP Ships has information ratio of (0.13), we advise you to double-check TOP Ships's current market performance to make sure the company can sustain itself next year.TOP Ships' insider trading activities
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific TOP Ships insiders, such as employees or executives, is commonly permitted as long as it does not rely on TOP Ships' material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases TOP Ships insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
Ronin Capital, Llc over two months ago Disposition of 27500 shares by Ronin Capital, Llc of TOP Ships at 3.865 subject to Rule 16b-3 | ||
Ronin Capital, Llc over three months ago Disposition of 3300 shares by Ronin Capital, Llc of TOP Ships at 1.955 subject to Rule 16b-3 |
TOP Ships' Outstanding Corporate Bonds
TOP Ships issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. TOP Ships uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most TOP bonds can be classified according to their maturity, which is the date when TOP Ships has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
| Boeing Co 2196 Corp BondUS097023DG73 | View | |
| HSBC Holdings PLC Corp BondUS404280DR76 | View | |
| MGM Resorts International Corp BondUS552953CD18 | View | |
| AerCap Global Aviation Corp BondUS00773HAA59 | View |
Understand TOP Ships' technical and predictive indicators
Using predictive indicators to make investment decisions involves analyzing TOP Ships' various financial and market-based factors to help forecast future trends and identify investment opportunities. Select the indicators that are most relevant to your investment strategy. Each indicator has its own strengths and weaknesses, so it's essential to combine multiple indicators to get a more comprehensive view of the market and reduce the risk of making poor decisions based on limited data.
| Risk Adjusted Performance | (0.05) | |||
| Market Risk Adjusted Performance | (1.08) | |||
| Mean Deviation | 1.69 | |||
| Coefficient Of Variation | (1,344) | |||
| Standard Deviation | 2.41 | |||
| Variance | 5.83 | |||
| Information Ratio | (0.13) | |||
| Jensen Alpha | (0.21) | |||
| Total Risk Alpha | (0.56) | |||
| Treynor Ratio | (1.09) | |||
| Maximum Drawdown | 10.0 | |||
| Value At Risk | (2.95) | |||
| Potential Upside | 5.29 | |||
| Skewness | 0.4496 | |||
| Kurtosis | 1.82 |
| Risk Adjusted Performance | (0.05) | |||
| Market Risk Adjusted Performance | (1.08) | |||
| Mean Deviation | 1.69 | |||
| Coefficient Of Variation | (1,344) | |||
| Standard Deviation | 2.41 | |||
| Variance | 5.83 | |||
| Information Ratio | (0.13) | |||
| Jensen Alpha | (0.21) | |||
| Total Risk Alpha | (0.56) | |||
| Treynor Ratio | (1.09) | |||
| Maximum Drawdown | 10.0 | |||
| Value At Risk | (2.95) | |||
| Potential Upside | 5.29 | |||
| Skewness | 0.4496 | |||
| Kurtosis | 1.82 |
Consider TOP Ships' intraday indicators
TOP Ships intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of TOP Ships stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
TOP Ships Corporate Filings
6K | 7th of November 2024 A report filed by foreign private issuers with SEC. A foreign private issuer is a non-U.S. company with securities traded on U.S. exchanges. | ViewVerify |
| 24th of May 2024 Other Reports | ViewVerify | |
| 23rd of April 2024 Other Reports | ViewVerify | |
| 12th of April 2024 Certification of the accuracy of the financial statements and disclosures | ViewVerify |
TOP Stock media impact
Far too much social signal, news, headlines, and media speculation about TOP Ships that are available to investors today. That information is available publicly through TOP media outlets and privately through word of mouth or via TOP internal channels. However, regardless of the origin, that massive amount of TOP 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 TOP Ships 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 TOP Ships 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 TOP Ships' headlines and news coverage data. This data is often completely overlooked or insufficiently analyzed for actionable insights to drive TOP Ships alpha.
TOP Ships Sentiment by Major News Outlets
Investor sentiment, mood or attitude towards TOP Ships can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.
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.