Is Castor Maritime Stock a Good Investment?
Castor Maritime Investment Advice | CTRM |
- Examine Castor Maritime's 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 Castor Maritime's leadership team and their track record. Good management can help Castor Maritime navigate difficult times and make strategic decisions that benefit shareholders and increases its net worth.
- Consider the overall health of the Marine Transportation space and any emerging trends that could impact Castor Maritime's business and its evolving consumer preferences.
- Compare Castor Maritime's performance and market position to its competitors. Analyze how Castor Maritime is positioned in terms of product offerings, innovation, and market share.
- Check if Castor Maritime pays a dividend and its dividend yield and payout ratio.
- Review what financial analysts are saying about Castor Maritime's 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 Castor Maritime 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 Castor Maritime is a good investment.
Sell | Buy |
Sell
Market Performance | Very Weak | Details | |
Volatility | Slightly risky | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Almost neglects market trends | Details | |
Investor Sentiment | Alarmed | Details | |
Analyst Consensus | Strong Sell | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Unavailable | Details |
Examine Castor Maritime Stock
Researching Castor Maritime's 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). The company has price-to-book (P/B) ratio of 0.07. Some equities with similar Price to Book (P/B) outperform the market in the long run. Castor Maritime had not issued any dividends in recent years. The entity had 1:10 split on the 27th of March 2024.
To determine if Castor Maritime 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 Castor Maritime's research are outlined below:
| Castor Maritime generated a negative expected return over the last 90 days | |
| Latest headline from seekingalpha.com: Castor Maritime GAAP EPS of 0.21 |
Castor Maritime 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 Castor Maritime. 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 Castor Maritime's 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.
| 13th of March 2024 Upcoming Quarterly Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View |
Know Castor Maritime's Top Institutional Investors
Have you ever been surprised when a price of an equity instrument such as Castor Maritime is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Castor Maritime backward and forwards among themselves. Castor Maritime's institutional investor refers to the entity that pools money to purchase Castor Maritime's 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 | Tower Research Capital Llc | 2024-06-30 | 329 | Banque Cantonale Vaudoise | 2024-06-30 | 200 | Global Retirement Partners, Llc. | 2024-09-30 | 100.0 | Global Wealth Strategies & Associates | 2024-09-30 | 40.0 | Wolff Wiese Magana Llc | 2024-09-30 | 20.0 | Strategic Investment Solutions Inc | 2024-09-30 | 20.0 | Jpmorgan Chase & Co | 2024-06-30 | 12.0 | Advisor Group Holdings, Inc. | 2024-06-30 | 8.0 | Royal Bank Of Canada | 2024-06-30 | 5.0 | Renaissance Technologies Corp | 2024-06-30 | 29.5 K | Susquehanna International Group, Llp | 2024-06-30 | 19.2 K |
Castor Maritime's market capitalization trends
The company currently falls under 'Micro-Cap' category with a current market capitalization of 37.01 M.Market Cap |
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Castor Maritime's profitablity analysis
| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | 0.06 | 0.07 | |
| Return On Capital Employed | 0.03 | 0.03 | |
| Return On Assets | 0.06 | 0.07 | |
| Return On Equity | 0.08 | 0.09 |
Determining Castor Maritime's profitability involves analyzing its financial statements and using various financial metrics to determine if Castor Maritime is a good buy. For example, gross profit margin measures Castor Maritime's 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 Castor Maritime's profitability and make more informed investment decisions.
Evaluate Castor Maritime's management efficiency
Castor Maritime has return on total asset (ROA) of 0.0162 % which means that it generated a profit of $0.0162 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 0.14 %, meaning that it created $0.14 on every $100 dollars invested by stockholders. Castor Maritime's management efficiency ratios could be used to measure how well Castor Maritime manages its routine affairs as well as how well it operates its assets and liabilities. At this time, Castor Maritime's Return On Tangible Assets are very stable compared to the past year. As of the 11th of November 2024, Return On Assets is likely to grow to 0.07, while Return On Capital Employed is likely to drop 0.03. At this time, Castor Maritime's Return On Assets are very stable compared to the past year. As of the 11th of November 2024, Asset Turnover is likely to grow to 0.30, while Other Assets are likely to drop 0.95.| Last Reported | Projected for Next Year | ||
| Book Value Per Share | 48.18 | 45.78 | |
| Tangible Book Value Per Share | 48.18 | 45.78 | |
| Enterprise Value Over EBITDA | 1.55 | 1.47 | |
| Price Book Value Ratio | 0.09 | 0.08 | |
| Enterprise Value Multiple | 1.55 | 1.47 | |
| Price Fair Value | 0.09 | 0.08 | |
| Enterprise Value | 59.9 M | 40.1 M |
The strategic initiatives led by Castor Maritime's management are central to its market success. By analyzing these initiatives, we provide a clear picture of the stock's growth prospects.
Beta 0.87 |
Basic technical analysis of Castor Stock
As of the 11th of November 2024, Castor Maritime shows the Risk Adjusted Performance of (0.12), standard deviation of 2.29, and Mean Deviation of 1.84. Castor Maritime technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the firm's future prices. Please confirm Castor Maritime market risk adjusted performance, information ratio, as well as the relationship between the Information Ratio and skewness to decide if Castor Maritime is priced correctly, providing market reflects its regular price of 3.83 per share. Given that Castor Maritime has information ratio of (0.24), we suggest you to validate Castor Maritime's prevailing market performance to make sure the company can sustain itself at a future point.Castor Maritime's Outstanding Corporate Bonds
Castor Maritime 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. Castor Maritime 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 Castor bonds can be classified according to their maturity, which is the date when Castor Maritime 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.
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Understand Castor Maritime's technical and predictive indicators
Using predictive indicators to make investment decisions involves analyzing Castor Maritime's 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 | (0.12) | |||
| Market Risk Adjusted Performance | (1.79) | |||
| Mean Deviation | 1.84 | |||
| Coefficient Of Variation | (587.03) | |||
| Standard Deviation | 2.29 | |||
| Variance | 5.22 | |||
| Information Ratio | (0.24) | |||
| Jensen Alpha | (0.43) | |||
| Total Risk Alpha | (0.88) | |||
| Treynor Ratio | (1.80) | |||
| Maximum Drawdown | 11.35 | |||
| Value At Risk | (3.08) | |||
| Potential Upside | 3.65 | |||
| Skewness | 0.145 | |||
| Kurtosis | (0.02) |
| Risk Adjusted Performance | (0.12) | |||
| Market Risk Adjusted Performance | (1.79) | |||
| Mean Deviation | 1.84 | |||
| Coefficient Of Variation | (587.03) | |||
| Standard Deviation | 2.29 | |||
| Variance | 5.22 | |||
| Information Ratio | (0.24) | |||
| Jensen Alpha | (0.43) | |||
| Total Risk Alpha | (0.88) | |||
| Treynor Ratio | (1.80) | |||
| Maximum Drawdown | 11.35 | |||
| Value At Risk | (3.08) | |||
| Potential Upside | 3.65 | |||
| Skewness | 0.145 | |||
| Kurtosis | (0.02) |
Consider Castor Maritime's intraday indicators
Castor Maritime 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 Castor Maritime 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.
Castor Maritime 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 |
| 3rd of June 2024 Other Reports | ViewVerify | |
| 22nd of April 2024 Other Reports | ViewVerify | |
F4 | 5th of April 2024 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities | ViewVerify |
Castor Stock media impact
Far too much social signal, news, headlines, and media speculation about Castor Maritime that are available to investors today. That information is available publicly through Castor media outlets and privately through word of mouth or via Castor internal channels. However, regardless of the origin, that massive amount of Castor 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 Castor Maritime 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 Castor Maritime 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 Castor Maritime's headlines and news coverage data. This data is often completely overlooked or insufficiently analyzed for actionable insights to drive Castor Maritime alpha.
Castor Maritime Sentiment by Major News Outlets
Investor sentiment, mood or attitude towards Castor Maritime 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.
When determining whether Castor Maritime is a strong investment it is important to analyze Castor Maritime's 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 Castor Maritime's future performance. For an informed investment choice regarding Castor Stock, refer to the following important reports: Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Castor Maritime. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area. To learn how to invest in Castor Stock, please use our How to Invest in Castor Maritime guide.You can also try the Portfolio File Import module to quickly import all of your third-party portfolios from your local drive in csv format.
Is Marine Transportation space 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 Castor Maritime. If investors know Castor 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 Castor Maritime 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 0.187 | Earnings Share 2.93 | Revenue Per Share 7.911 | Quarterly Revenue Growth (0.37) | Return On Assets 0.0162 |
The market value of Castor Maritime is measured differently than its book value, which is the value of Castor that is recorded on the company's balance sheet. Investors also form their own opinion of Castor Maritime's value that differs from its market value or its book value, called intrinsic value, which is Castor Maritime's 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 Castor Maritime's market value can be influenced by many factors that don't directly affect Castor Maritime's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
In summary, please note that there is a difference between Castor Maritime's value and its price, as these two are different measures arrived at by various means. Investors typically determine if Castor Maritime is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Castor Maritime's 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.