News headlines about Seaspan (NYSE:SSW) have trended somewhat positive recently, Accern Sentiment reports. The research firm identifies negative and positive media coverage by analyzing more than twenty million blog and news sources in real time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Seaspan earned a media sentiment score of 0.04 on Accern’s scale. Accern also assigned news coverage about the shipping company an impact score of 47.3134572317938 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the next several days.
These are some of the news articles that may have impacted Accern’s scoring:
- Wired News – Seaspan Acquires Greater China Intermodal Investments from Private-Equity Firm Carlyle Group (finance.yahoo.com)
- Stifel Nicolaus Reiterates “Hold” Rating for Seaspan (SSW) (americanbankingnews.com)
- Seaspan (SSW) PT Raised to $6.20 (americanbankingnews.com)
- Hair-Raising Facts to Know – Seaspan Corporation (NYSE: SSW) – Alpha Beta Stock (alphabetastock.com)
- Is There Now An Opportunity In Seaspan Corporation (NYSE:SSW)? (finance.yahoo.com)
SSW has been the subject of several research analyst reports. Seaport Global Securities raised shares of Seaspan from a “neutral” rating to a “buy” rating and set a $10.00 target price for the company in a research report on Wednesday, January 24th. Jefferies Group assumed coverage on shares of Seaspan in a research report on Monday, December 18th. They issued a “buy” rating and a $20.00 target price for the company. TheStreet raised shares of Seaspan from a “d+” rating to a “c” rating in a research report on Friday, March 2nd. ValuEngine downgraded shares of Seaspan from a “buy” rating to a “hold” rating in a research report on Friday, February 2nd. Finally, Stifel Nicolaus reaffirmed a “hold” rating on shares of Seaspan in a research report on Thursday. Five analysts have rated the stock with a sell rating, three have given a hold rating and two have given a buy rating to the company. The company presently has a consensus rating of “Hold” and a consensus target price of $8.74.
Shares of Seaspan (SSW) opened at $6.86 on Friday. The company has a debt-to-equity ratio of 1.43, a quick ratio of 0.86 and a current ratio of 0.86. Seaspan has a 1 year low of $5.02 and a 1 year high of $7.91. The firm has a market cap of $818.14, a PE ratio of 7.38, a P/E/G ratio of 0.56 and a beta of 0.62.
Seaspan (NYSE:SSW) last announced its quarterly earnings data on Tuesday, February 27th. The shipping company reported $0.16 earnings per share for the quarter, missing analysts’ consensus estimates of $0.20 by ($0.04). Seaspan had a net margin of 21.08% and a return on equity of 6.79%. The business had revenue of $214.38 million for the quarter, compared to the consensus estimate of $217.56 million. During the same period in the prior year, the company earned $0.21 EPS. research analysts expect that Seaspan will post 0.91 earnings per share for the current year.
Seaspan Company Profile
Seaspan Corporation is an independent charter owner and manager of containerships. The Company charters pursuant to long-term, fixed-rate time charters with various container liner companies. As of February 20, 2017, it had operated a fleet of 88 containerships and had entered into contracts for the purchase of an additional eight new building containerships.
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