Genco Shipping & Trading (NYSE: GNK) is one of 44 publicly-traded companies in the “Deep sea foreign transportation of freight” industry, but how does it compare to its competitors? We will compare Genco Shipping & Trading to related businesses based on the strength of its profitability, institutional ownership, risk, earnings, analyst recommendations, valuation and dividends.
Risk & Volatility
Genco Shipping & Trading has a beta of -0.08, indicating that its stock price is 108% less volatile than the S&P 500. Comparatively, Genco Shipping & Trading’s competitors have a beta of 1.26, indicating that their average stock price is 26% more volatile than the S&P 500.
86.7% of Genco Shipping & Trading shares are owned by institutional investors. Comparatively, 45.0% of shares of all “Deep sea foreign transportation of freight” companies are owned by institutional investors. 10.3% of Genco Shipping & Trading shares are owned by insiders. Comparatively, 23.8% of shares of all “Deep sea foreign transportation of freight” companies are owned by insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a stock will outperform the market over the long term.
This is a breakdown of current ratings and target prices for Genco Shipping & Trading and its competitors, as provided by MarketBeat.
|Sell Ratings||Hold Ratings||Buy Ratings||Strong Buy Ratings||Rating Score|
|Genco Shipping & Trading||0||1||4||0||2.80|
|Genco Shipping & Trading Competitors||332||880||1002||10||2.31|
Genco Shipping & Trading currently has a consensus target price of $17.60, indicating a potential upside of 13.99%. As a group, “Deep sea foreign transportation of freight” companies have a potential upside of 37.26%. Given Genco Shipping & Trading’s competitors higher possible upside, analysts clearly believe Genco Shipping & Trading has less favorable growth aspects than its competitors.
This table compares Genco Shipping & Trading and its competitors’ net margins, return on equity and return on assets.
|Net Margins||Return on Equity||Return on Assets|
|Genco Shipping & Trading||-28.00%||-4.49%||-2.90%|
|Genco Shipping & Trading Competitors||-19.96%||-4.22%||-1.10%|
Earnings & Valuation
This table compares Genco Shipping & Trading and its competitors revenue, earnings per share and valuation.
|Gross Revenue||Net Income||Price/Earnings Ratio|
|Genco Shipping & Trading||$209.70 million||-$58.72 million||-11.97|
|Genco Shipping & Trading Competitors||$321.06 million||-$37.09 million||-6.83|
Genco Shipping & Trading’s competitors have higher revenue and earnings than Genco Shipping & Trading. Genco Shipping & Trading is trading at a lower price-to-earnings ratio than its competitors, indicating that it is currently more affordable than other companies in its industry.
Genco Shipping & Trading competitors beat Genco Shipping & Trading on 10 of the 13 factors compared.
About Genco Shipping & Trading
Genco Shipping & Trading Limited, together with its subsidiaries, engages in the ocean transportation of dry bulk cargoes worldwide. The company, through the ownership and operation of dry bulk carrier vessels, transports iron ores, coal, grains, steel products, and other dry-bulk cargoes. The company charters its vessels primarily to trading houses, including commodities traders; producers; and government-owned entities. As of March 28, 2017, its fleet consisted of 13 Capesize, 6 Panamax, 4 Ultramax, 21 Supramax, 2 Handymax, and 15 Handysize vessels with an aggregate capacity of approximately 4,735,000 deadweight tons. Genco Shipping & Trading Limited was incorporated in 2004 and is based in New York, New York.
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