Top Ships Stock Analysis

TOPS Stock  USD 14.02  0.03  0.21%   
Top Ships is undervalued with Real Value of 19.32 and Target Price of 36.0. The main objective of Top Ships stock analysis is to determine its intrinsic value, which is an estimate of what Top Ships is worth, separate from its market price. There are two main types of Top Ships' stock analysis: fundamental analysis and technical analysis. Fundamental analysis focuses on the financial and economic factors that affect Top Ships' performance, such as revenue growth, earnings, and financial stability. Technical analysis, on the other hand, focuses on the price and volume data of Top Ships' stock to identify patterns and trends that may indicate its future price movements.
The Top Ships stock is traded in the USA on NASDAQ Exchange, with the market opening at 09:30:00 and closing at 16:00:00 every Mon,Tue,Wed,Thu,Fri except for officially observed holidays in the USA. Top Ships is usually not traded on Thanksgiving Day, Christmas Day, New Year 's Day, Dr . Martin Luther King Jr 's Birthday, Washington 's Birthday, Good Friday, Memorial Day, Juneteenth Holiday, Independence Day, Labour Day. Top Stock trading window is adjusted to America/New York timezone. Here, you can get updates on important government artifacts, including earning estimates, SEC corporate filings, announcements, and Top Ships' ongoing operational relationships across important fundamental and technical indicators.
  
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Top Ships. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in american community survey.
For more information on how to buy Top Stock please use our How to Invest in Top Ships guide.

Top Stock Analysis Notes

About 75.0% of the company outstanding shares are owned by corporate insiders. The company has price-to-book ratio of 0.52. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. Top Ships recorded earning per share (EPS) of 38.64. The entity last dividend was issued on the 12th of April 2006. The firm had 1:12 split on the 29th of September 2023. The companys medium range tanker vessels transport crude oil, petroleum products, and bulk liquid chemicals. Top Ships Inc. was incorporated in 2000 and is based in Maroussi, Greece. Top Ships operates under Marine Shipping classification in the United States and is traded on NASDAQ Exchange. It employs 1 people. To find out more about Top Ships contact Evangelos Pistiolis at 30 210 81 28 107 or learn more at https://www.topships.org.

Top Ships Investment Alerts

Many investors view ongoing market volatility as an opportunity to purchase more stocks at a favorable price or short it to generate a bearish trend profit opportunity. If you are one of those investors, make sure you clearly understand the position you are entering. Top Ships' investment alerts are automatically generated signals that are significant enough to either complement your investing judgment regarding Top Ships or challenge it. These alerts can help you understand what you are buying and avoid costly mistakes.
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
The company currently holds 278.62 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. Debt can assist Top Ships until it has trouble settling it off, either with new capital or with free cash flow. So, Top Ships' shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Top Ships sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Top to invest in growth at high rates of return. When we think about Top Ships' use of debt, we should always consider it together with cash and equity.
About 75.0% of Top Ships outstanding shares are owned by corporate insiders
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Top Ships Upcoming and Recent Events

Earnings reports are used by Top Ships to provide an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Every quarterly earnings report provides investors with three things: 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

Top Largest EPS Surprises

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.
Reported
Fiscal Date
Estimated EPS
Reported EPS
Surprise
2010-08-05
2010-06-30999999.9999-999999.9999-1999999.9998200 
2008-06-12
2008-03-31999999.9999-999999.9999-1999999.9998200 
2007-05-17
2007-03-31-999999.9999999999.99991999999.9998200 
View All Earnings Estimates

Top Stock 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
Salem Investment Counselors Inc2023-09-30
0.0
Two Sigma Securities, Llc2023-09-30
0.0
Hrt Financial Llc2023-09-30
0.0
Dimensional Fund Advisors, Inc.2023-12-31
16.7 K
Jpmorgan Chase & Co2023-12-31
1.9 K
Tower Research Capital Llc2023-12-31
875
Advisor Group Holdings, Inc.2023-12-31
4.0
Cetera Advisors Llc2023-09-30
0.0
Ubs Group Ag2023-09-30
0.0
Morgan Stanley - Brokerage Accounts2023-09-30
0.0
Moors & Cabot Inc2023-09-30
0.0
Note, although Top Ships' institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

Top Market Capitalization

The company currently falls under 'Micro-Cap' category with a current market capitalization of 65 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Top Ships's market, we take the total number of its shares issued and multiply it by Top Ships's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.

Top Profitablity

Top Ships' profitability indicators refer to fundamental financial ratios that showcase Top Ships' ability to generate income relative to its revenue or operating costs. If, let's say, Top Ships is currently losing money, the management's focus should be on how to reverse that trend. However, when revenue exceeds expenses, Top Ships' executives or investors may be in less hurry to break that information down - which is where profitability analysis comes into play. Gaining a greater understanding of Top Ships' profitability requires more research than a typical breakdown of Top Ships' financial statements. By doing a profitability analysis, companies can identify areas needing attention, and investors can make a profitable trade.
The company has Profit Margin (PM) of 0.19 %, which maeans that even a very small decline in it revenue will erase profits resulting in a net loss. This is way below average. Similarly, it shows Operating Margin (OM) of 0.4 %, which suggests for every 100 dollars of sales, it generated a net operating income of $0.4.
Last ReportedProjected for 2024
Return On Capital Employed 0.03  0.03 
Return On Assets 0.10  0.11 
Return On Equity 0.24  0.25 

Management Efficiency

Top Ships has return on total asset (ROA) of 0.0458 % which means that it generated a profit of $0.0458 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 0.0856 %, meaning that it created $0.0856 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 Capital Employed is likely to gain to 0.03 in 2024. Return On Assets is likely to gain to 0.11 in 2024. At this time, Top Ships' Other Assets are comparatively stable compared to the past year. Fixed Asset Turnover is likely to gain to 0.37 in 2024, whereas Non Current Assets Total are likely to drop slightly above 267.2 M in 2024.
Last ReportedProjected for 2024
Price Book Value Ratio 0.92  0.87 
Enterprise Value Multiple 14.36  13.64 
Price Fair Value 0.92  0.87 
The analysis of Top Ships' management efficiency is an essential part of evaluating and assessing the financial and operational performance of the entity. It is also vital to analyze Top Ships' future growth prospects and the overall market conditions to determine the value and potential of its stock. The analysis involves studying a range of financial metrics such as revenue, earnings, profit margins, cash flow, debt, market share, and external factors such as economic trends, industry outlook, competition, and government regulations. The goal of Top Stock analysis is to determine whether it is undervalued, fairly valued, or overvalued and to make informed investment decisions.
Beta
1.663

Technical Drivers

As of the 29th of March, Top Ships has the Risk Adjusted Performance of (0.05), coefficient of variation of (902.85), and Variance of 4.6. In relation to fundamental indicators, the technical analysis model makes it possible for you to check existing technical drivers of Top Ships, as well as the relationship between them. In other words, you can use this information to find out if the company will indeed mirror its model of past prices and volume data, or the prices will eventually revert. We were able to interpolate data for thirteen technical drivers for Top Ships, which can be compared to its competition. 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 more or less accurately, providing market reflects its prevalent price of 14.02 per share. Given that Top Ships has information ratio of (0.17), we advise you to double-check Top Ships's current market performance to make sure the company can sustain itself at a future point.

Top Ships Price Movement Analysis

Execute Study
Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The Bollinger Bands is very popular indicator that was developed by John Bollinger. It consist of three lines. Top Ships middle band is a simple moving average of its typical price. The upper and lower bands are (N) standard deviations above and below the middle band. The bands widen and narrow when the volatility of the price is higher or lower, respectively. The upper and lower bands can also be interpreted as price targets for Top Ships. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target.

Top Ships Predictive Daily 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

13A
14th of February 2024
An amended filing to the original Schedule 13G
ViewVerify
6K
7th of February 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
6K
14th of December 2023
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
6K
12th of December 2023
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
6K
7th of December 2023
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
F3
6th of December 2023
An amendment to the original Schedule 13D filing
ViewVerify
F3
4th of December 2023
An amendment to the original Schedule 13D filing
ViewVerify
F3
30th of November 2023
An amendment to the original Schedule 13D filing
ViewVerify

Top Ships Forecast Models

Top Ships' time-series forecasting models are one of many Top Ships' stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Top Ships' historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

About Top Stock Analysis

Stock analysis is the technique used by a trader or investor to examine and evaluate how Top Ships prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Top shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Stock such as Top Ships. By using and applying Top Stock analysis, traders can create a robust methodology for identifying Top entry and exit points for their positions.
Last ReportedProjected for 2024
Pretax Profit Margin 0.27  0.28 
Operating Profit Margin 0.16  0.17 
Net Profit Margin 0.58  0.61 
Gross Profit Margin 0.52  0.51 

Current Top Analysis - Recommendations

We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. Top analyst recommendations are determined by taking all analyst recommendations and averaging them as Strong Buy, Buy, Hold, Strong Sell or Sell. There is no one specific way to measure analysis performance other than comparing it to the past results via a very sophisticated attribution analysis. Top analyst consensus and target price projections should be used in combination with other traditional techniques such as stock price forecasting, technical analysis, earnings estimate, and various momentum models.
Target PriceAdvice# of Analysts
36.0Buy1Odds
Top Ships current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most Top analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Top stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Top Ships, talking to its executives and customers, or listening to Top conference calls.
Top Analyst Advice Details

Top Stock Analysis Indicators

Top Ships stock analysis indicators help investors evaluate how Top Ships stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing and determine when trading Top Ships shares will generate the highest return on investment. By understating and applying Top Ships stock analysis, traders can identify Top Ships position entry and exit signals to maximize returns.
Begin Period Cash Flow6.4 M
Long Term Debt233.7 M
Common Stock Shares Outstanding10.3 M
Total Stockholder Equity197 M
Quarterly Earnings Growth Y O Y-0.57
Property Plant And Equipment Net417.8 M
Cash And Short Term Investments20.5 M
Cash20.5 M
Accounts PayableM
Net Debt258.1 M
50 Day M A13.8166
Total Current Liabilities32.2 M
Other Operating Expenses48.1 M
Non Current Assets Total444.8 M
Non Currrent Assets Other4.9 M
Stock Based Compensation-16 K
When determining whether Top Ships is a strong investment it is important to analyze Top Ships' 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 Top Ships' future performance. For an informed investment choice regarding Top Stock, refer to the following important reports:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Top Ships. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in american community survey.
For more information on how to buy Top Stock please use our How to Invest in Top Ships guide.
You can also try the Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.

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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.
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Is Top Ships' industry 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 Top Ships. If investors know Top 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 Top Ships 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
(0.57)
Earnings Share
38.64
Revenue Per Share
91.627
Quarterly Revenue Growth
0.059
Return On Assets
0.0458
The market value of Top Ships is measured differently than its book value, which is the value of Top that is recorded on the company's balance sheet. Investors also form their own opinion of Top Ships' value that differs from its market value or its book value, called intrinsic value, which is Top Ships' 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 Top Ships' market value can be influenced by many factors that don't directly affect Top Ships' 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 Top Ships' value and its price as these two are different measures arrived at by different means. Investors typically determine if Top Ships is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Top Ships' 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.