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.
Many analysts weighed in on price targets for SSW. The most optimistic price target was 20, implying potential capital gains of 208.17 percent. The minimum price target given was 5, implying a possible loss of -22.96 percent. Some investors take price targets and stock ratings with a grain of salt, knowing that some analysts can have indirect business with the stocks they cover.
Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of -2.94 percent. The average change in earnings estimates over the last 90 days is 3.33 percent. Over the past 30 days, FY earnings estimates have also changed downwards by -0.7 percent. If we look at the last 90 days instead, we find a net average change of 6.85 percent in FY estimates.
Another thing investors often look at is the level of agreement among analysts' revisions. Over the past month, 0 analysts increased their quarterly estimates, while 1 analysts revised their estimates downwards. During this time, 0 analysts made positive revisions in their estimates for this fiscal year's earnings, while 2 analysts decreased their estimates.
In the trailing 52-weeks, SSW hit 15.32 at the highest peak, while it's lowest trading point was 5.02. Currently the stock is 29.28 percent higher than its low, and below the high by 57.64 percent. 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 market cap of SSW is $0.71989 billion. SSW will post this quarters earnings in days, on 0000-00-00.