Okeanis Eco Tankers (NYSE:ECO – Get Free Report) and Performance Shipping (NASDAQ:PSHG – Get Free Report) are both small-cap transportation companies, but which is the superior investment? We will contrast the two companies based on the strength of their analyst recommendations, dividends, earnings, profitability, valuation, institutional ownership and risk.
Analyst Recommendations
This is a summary of current ratings for Okeanis Eco Tankers and Performance Shipping, as reported by MarketBeat.com.
| Sell Ratings | Hold Ratings | Buy Ratings | Strong Buy Ratings | Rating Score | |
| Okeanis Eco Tankers | 0 | 0 | 1 | 0 | 3.00 |
| Performance Shipping | 0 | 0 | 1 | 0 | 3.00 |
Okeanis Eco Tankers presently has a consensus target price of $44.00, suggesting a potential upside of 85.58%. Performance Shipping has a consensus target price of $6.50, suggesting a potential upside of 226.63%. Given Performance Shipping’s higher possible upside, analysts plainly believe Performance Shipping is more favorable than Okeanis Eco Tankers.
Profitability
| Net Margins | Return on Equity | Return on Assets | |
| Okeanis Eco Tankers | 30.17% | 28.35% | 10.54% |
| Performance Shipping | 62.19% | 24.02% | 18.19% |
Earnings and Valuation
This table compares Okeanis Eco Tankers and Performance Shipping”s gross revenue, earnings per share and valuation.
| Gross Revenue | Price/Sales Ratio | Net Income | Earnings Per Share | Price/Earnings Ratio | |
| Okeanis Eco Tankers | $403.85 million | 1.89 | $145.25 million | $3.63 | 6.53 |
| Performance Shipping | $108.94 million | 0.23 | $69.41 million | $1.45 | 1.37 |
Okeanis Eco Tankers has higher revenue and earnings than Performance Shipping. Performance Shipping is trading at a lower price-to-earnings ratio than Okeanis Eco Tankers, indicating that it is currently the more affordable of the two stocks.
Insider & Institutional Ownership
19.9% of Performance Shipping shares are owned by institutional investors. 0.4% of Performance Shipping shares are owned by insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a stock will outperform the market over the long term.
Summary
Okeanis Eco Tankers beats Performance Shipping on 6 of the 11 factors compared between the two stocks.
About Okeanis Eco Tankers
Okeanis Eco Tankers Corp., a shipping company, owns and operates tanker vessels worldwide. It operates a fleet of 14 tanker vessels comprising six modern Suezmax tankers and eight modern VLCC tankers focusing on the transportation of crude oil. The company was incorporated in 2018 and is based in Neo Faliro, Greece.
About Performance Shipping
Performance Shipping Inc. provides shipping transportation services through its tanker vessels worldwide. As of December 31, 2023, its fleet consisted of seven Aframax tanker vessels with a combined carrying capacity of 735,910 DWT. The company was incorporated in 2010 and is based in Athens, Greece.
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