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.
A number of analysts gave price targets for SSW. The most optimistic analyst gave a price target of 20, implying potential capital gains of 208.17 percent. The minimum price target given was 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.
Analysts have revised their earnings estimates downwards for this quarter, by about -2.94 percent on average, compared to last month. This can be compared with the average change in earnings estimates over the past 3 months, which is 3.33 percent. On the other hand, earnings estimates for the fiscal year have been revised downwards by -0.7 percent, as compared to a month ago. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes 6.85 percent.
Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. 0 analysts made positive revisions to their quarterly estimates over the past month, which can be compared to the 1 analysts that decreased their estimates. 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. Currently the stock is 29.28 percent higher than its low, and 57.64 percent below the high. SSW has a P/E 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 will post this quarters earnings in days, on 0000-00-00.