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Home โบ Stocks โบ Performance Shipping Inc. (PSHG) Stock Forecast & Price Prediction Greece | NASDAQ | Industrials | Marine Shipping
$1.84
-0.06 (-3.16%)Did PSHG 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 Performance Shipping is one of their latest high-conviction picks.
Based on our analysis of 2 Wall Street analysts, PSHG has a bullish consensus with a median price target of $5.75 (ranging from $5.00 to $6.50). The overall analyst rating is N/A (N/A/10). Currently trading at $1.84, the median forecast implies a 212.5% upside. This outlook is supported by 2 Buy, 0 Hold, and 0 Sell ratings.
The most optimistic forecast comes from Poe Fratt at Alliance Global Partners, projecting a 253.3% upside.
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 PSHG.
| Date | Firm | Analyst | Rating | Change | Price Target |
|---|---|---|---|---|---|
| Jul 22, 2024 | Alliance Global Partners | Poe Fratt | Buy | Initiates | $6.50 |
| Mar 29, 2021 | HC Wainwright & Co. | Buy | Initiates | $11.00 |
The following stocks are similar to Performance Shipping based on their market capitalization and industry sector. These similar stocks potentially provide investors with alternative investment opportunities within the same market segment.
Performance Shipping Inc. has a market capitalization of $22.88M with a P/E ratio of 1.5x. The company generates $84.17M in trailing twelve-month revenue with a 59.4% profit margin.
Revenue growth is +20.7% quarter-over-quarter, while maintaining an operating margin of +38.9% and return on equity of +16.7%.
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Shipping company specializing in petroleum product transport.
The company operates a fleet of tanker vessels that transport refined petroleum products across various regions. It makes money by charging for the transportation of oil and other petroleum derivatives, playing a crucial role in the global energy supply chain.
Performance Shipping Inc. is significant in global trade, impacting industries such as energy and logistics. By managing modern and efficient vessels, the company aims to optimize operations while complying with maritime regulatory standards.
Industrials
Marine Shipping
211
Mr. Andreas Nikolaos Michalopoulos
Greece
2011
Performance Shipping Inc. plans to sell its 2010-built Aframax tanker, M/T P. Aliki, to Trafigura for $42.65 million. Delivery is expected by Q3 2026, after the current charter ends.
Performance Shipping's sale of its oldest tanker for $42.65 million reflects asset management and cash flow strategies, impacting liquidity and future investment potential.
Performance Shipping Inc. has signed time charter agreements with Repsol for two new Suezmax tanker vessels under construction in China.
Performance Shipping's charter agreements with Repsol ensure steady revenue from its new tanker vessels, boosting financial stability and growth potential, which can enhance investor confidence.
Performance Shipping Inc. has entered a sale and leaseback agreement for its LR1 tanker newbuilding, M/T P. San Francisco, set for delivery in early 2027.
The sale and leaseback agreement indicates liquidity for Performance Shipping Inc., potentially enhancing cash flow and reducing debt, which can positively impact stock performance.
Performance Shipping Inc. reported Q4 2025 net income of $7.6 million, down from $9.7 million in Q4 2024. EPS was $0.57 (basic) and $0.19 (diluted).
Performance Shipping's net income decline signals potential challenges in profitability, impacting future earnings expectations and investor sentiment.
Performance Shipping Inc. has signed contracts with CSTC and SWS for two new Suezmax tanker vessels, enhancing its fleet capacity.
Performance Shipping's new shipbuilding contracts may enhance its fleet capacity and revenue potential, impacting future earnings and stock performance positively.
Performance Shipping Inc. (NASDAQ: PSHG) announced the sale of its oldest vessel, the M/T P. Sophia, for $35.65 million, with delivery expected in mid-2026, pending closing conditions.
The sale of the M/T P. Sophia for $35.65 million may enhance Performance Shipping's liquidity, potentially impacting stock valuation and future investment opportunities.
Based on our analysis of 2 Wall Street analysts, Performance Shipping Inc. (PSHG) has a median price target of $5.75. The highest price target is $6.50 and the lowest is $5.00.
According to current analyst ratings, PSHG has 2 Buy ratings, 0 Hold ratings, and 0 Sell ratings. The stock is currently trading at $1.84. Always conduct your own research and consider your investment goals before making investment decisions.
Wall Street analysts predict PSHG stock could reach $5.75 in the next 12 months. This represents a 212.5% increase from the current price of $1.84. Please note that this is a projection by Wall Street analysts and not a guarantee.
The company operates a fleet of tanker vessels that transport refined petroleum products across various regions. It makes money by charging for the transportation of oil and other petroleum derivatives, playing a crucial role in the global energy supply chain.
The highest price target for PSHG is $6.50 from Poe Fratt at Alliance Global Partners, which represents a 253.3% increase from the current price of $1.84.
The lowest price target for PSHG is $5.00 from at , which represents a 171.7% increase from the current price of $1.84.
The overall analyst consensus for PSHG is bullish. Out of 2 Wall Street analysts, 2 rate it as Buy, 0 as Hold, and 0 as Sell, with a median price target of $5.75.
Stock price projections, including those for Performance Shipping Inc., 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.