Analyst Ratings for Seaspan Corp. (SSW)Updated: 2017-07-27
Seaspan Corp. (NYSE:SSW) was awarded an average rating of Hold from investment analysts following the stock. Last month, SSW received an average rating of Hold.
Of the 12 analysts covering the stock, 1 gave it a buy rating, 0 issued an overweight rating, 7 gave a hold rating, 1 gave an underweight rating, and 3 issued a sell rating. Today, there are 0 more analysts optimistic about the company future as compared with 90 days ago. Meanwhile, the number of analysts pessimistic about the company has increased by 0.
Several price targets were given for SSW by the analysts covering the stock. The most optimistic price target was 20, which equates to a potential upside of 208.17 percent. The most pessimistic analyst gave a price target of 5, which equates to a potential downside of -22.96 percent. Many analysts are not unbiased in their coverage of stocks, including price targets and stock ratings, so care must be taken in interpreting numbers released by them.
Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of -2.94 percent. That number becomes 3.33 percent if we expand the time horizon to include the past 3 months instead of just one. Over the past 30 days, FY earnings estimates have also changed downwards by -0.7 percent. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes 6.85 percent.
Another thing investors often look at is the level of agreement among analysts' revisions. 0 analysts have revised their quarterly estimates upwards in the past 30 days, while 1 analysts made negative revisions. During this time, 0 analysts made positive revisions in their estimates for this fiscal year's earnings, while 2 analysts made negative revisions to their fiscal year's estimates.
SSW has a 52-week high of 15.32 and a 52-week low of 5.02. Today's price is 29.28 percent above the 52-week low, and 57.64 percent below the high. SSW has a price/earnings ratio of 0. Investors typically compare the P/E ratio to a company's peers in the industry. The SSW value stock report compares SSW to some of its peers using value stock charts. The stock has a market capitalization of $0.71989 billion. SSW's next earnings release will be on 0000-00-00, which is days away.