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Home โบ Stocks โบ Himalaya Shipping Ltd. (HSHP) Stock Forecast & Price Prediction Bermuda | NYSE | Industrials | Marine Shipping
$9.00
+0.09 (1.01%)Did HSHP Make This Month's Elite Buy List?
We don't follow just any analyst โ only the top 3% with a proven track record make our cut. See if Himalaya Shipping is one of their latest high-conviction picks.
Wall Street analysts covering HSHP have a bullish consensus with a median price target of $11.40 (ranging from $11.40 to $11.40). The overall analyst rating is Strong Buy (8.0/10). Currently trading at $9.00, the median forecast implies a 26.7% upside. This outlook is supported by 1 Buy, 0 Hold, and 0 Sell ratings.
Please note that analyst price targets are forward-looking estimates subject to substantial market, economic, and company-specific risks. Past performance does not guarantee future results, and actual stock performance may materially differ from these projections. Investors should conduct their own due diligence and consider their investment objectives and risk tolerance before making investment decisions.
These are the latest 20 analyst ratings and price targets for HSHP.
| Date | Firm | Analyst | Rating | Change | Price Target |
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The following stocks are similar to Himalaya Shipping based on their market capitalization and industry sector. These similar stocks potentially provide investors with alternative investment opportunities within the same market segment.
Himalaya Shipping Ltd. has a market capitalization of $427.67M with a P/E ratio of 81.0x. The company generates $119.38M in trailing twelve-month revenue with a 4.4% profit margin.
Revenue growth is -3.3% quarter-over-quarter, while maintaining an operating margin of +58.0% and return on equity of +3.3%.
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Provides global shipping services for dry bulk cargo.
The company generates revenue through the management and logistics of transporting bulk commodities like coal, iron ore, and grains using its advanced fleet of vessels. Its services are critical for connecting producers and consumers in global trade, making it a key player in the supply chain.
Himalaya Shipping Ltd. is focused on sustainable transportation and continuously adapts to industry challenges, such as regulatory changes and environmental concerns, ensuring its ongoing relevance in the shipping sector.
Industrials
Marine Shipping
3
Mr. Herman Alf Billung
Bermuda
N/A
Himalaya's 12 Newcastlemax dual-fuel ships have strong performance with index-linked charters. HSHP reported YoY and QoQ growth in revenue, EBITDA, and EPS for 3Q24. The Simandou Project's first shipment is expected in 2025.
Himalaya's strong financials and competitive fleet position enhance profitability. The upcoming Simandou Project could boost future revenues, making it a key growth opportunity for investors.
Himalaya Shipping operates 12 Newcastlemax vessels using dual fuel, offers variable monthly dividends, and has a price/book ratio of 1.32, below the sector median of 2.91, indicating potential value.
Himalaya Shipping's focus on LNG vessels and variable dividends, combined with a low price/book ratio, suggests potential value and income opportunities amid expected dry bulk demand recovery.
Oversold stocks in the industrials sector may offer investment opportunities in undervalued companies.
Oversold stocks in the industrials sector indicate potential buying opportunities, suggesting that investors can acquire undervalued assets with possible upside.
Himalaya Shipping reported strong 2Q24 results with increased revenue and operating income. The fleet of 12 dual-fuel vessels supports higher TCE rates. Valuation is at 82% PNAV, presenting a speculative investment opportunity.
Strong 2Q24 results and a modern fleet position Himalaya Shipping for growth, while low valuation at 82% PNAV offers potential upside despite leverage risks.
Himalaya Shipping is focusing on establishing a solid foundation for its operations, indicating potential future developments.
Himalaya Shipping's need for time to establish a solid foundation may impact its growth prospects and profitability, influencing investor sentiment and stock performance.
Banco BBVA has tested a key technical level twice in three weeks, indicating potential market volatility or a significant price point for investors to monitor.
Frequent testing of a key technical level by Banco BBVA indicates potential volatility and investor sentiment shifts, impacting trading strategies and stock performance.
Based on our analysis of 0 Wall Street analysts, Himalaya Shipping Ltd. (HSHP) has a median price target of $11.40. The highest price target is $11.40 and the lowest is $11.40.
According to current analyst ratings, HSHP has 1 Buy ratings, 0 Hold ratings, and 0 Sell ratings. The stock is currently trading at $9.00. Always conduct your own research and consider your investment goals before making investment decisions.
Wall Street analysts predict HSHP stock could reach $11.40 in the next 12 months. This represents a 26.7% increase from the current price of $9.00. Please note that this is a projection by Wall Street analysts and not a guarantee.
The company generates revenue through the management and logistics of transporting bulk commodities like coal, iron ore, and grains using its advanced fleet of vessels. Its services are critical for connecting producers and consumers in global trade, making it a key player in the supply chain.
The highest price target for HSHP is $11.40 from at , which represents a 26.7% increase from the current price of $9.00.
The lowest price target for HSHP is $11.40 from at , which represents a 26.7% increase from the current price of $9.00.
The overall analyst consensus for HSHP is bullish. Out of 0 Wall Street analysts, 1 rate it as Buy, 0 as Hold, and 0 as Sell, with a median price target of $11.40.
Stock price projections, including those for Himalaya Shipping Ltd., are based on various factors including financial models, market conditions, and analyst forecasts. While these predictions provide valuable insights, they should be considered alongside your own research and risk tolerance.
The information provided by Ticker Nerd is for educational and informational purposes only. It should not be considered financial or investment advice. Past performance is not indicative of future results. Always conduct your own research and consult with a qualified financial advisor before making any investment decisions. Analyst ratings and price forecasts are sourced from Wall St analysts and other experts. These projections are speculative and do not guarantee future stock performance.