Ultrapetrol (Bahamas) (OTCMKTS:ULTRF) and Performance Shipping (NASDAQ:PSHG) Head to Head Comparison

Performance Shipping (NASDAQ:PSHG) and Ultrapetrol (Bahamas) (OTCMKTS:ULTRF) are both transportation companies, but which is the superior business? We will contrast the two companies based on the strength of their risk, dividends, profitability, valuation, institutional ownership, earnings and analyst recommendations.

Profitability

This table compares Performance Shipping and Ultrapetrol (Bahamas)’s net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Performance Shipping	62.19%	24.02%	18.19%
Ultrapetrol (Bahamas)	N/A	N/A	N/A

Institutional and Insider 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.

Volatility & Risk

Performance Shipping has a beta of -0.31, suggesting that its share price is 131% less volatile than the S&P 500. Comparatively, Ultrapetrol (Bahamas) has a beta of 1.42, suggesting that its share price is 42% more volatile than the S&P 500.

Analyst Ratings

This is a summary of recent ratings and recommmendations for Performance Shipping and Ultrapetrol (Bahamas), as provided by MarketBeat.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Performance Shipping	0	0	1	0	3.00
Ultrapetrol (Bahamas)	0	0	0	0	N/A

Performance Shipping presently has a consensus price target of $6.50, indicating a potential upside of 247.44%.

Valuation and Earnings

This table compares Performance Shipping and Ultrapetrol (Bahamas)”s revenue, earnings per share (EPS) and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Performance Shipping	$90.83 million	0.25	$69.41 million	$1.65	1.13
Ultrapetrol (Bahamas)	N/A	N/A	N/A	N/A	N/A

Performance Shipping has higher revenue and earnings than Ultrapetrol (Bahamas).

Summary

Performance Shipping beats Ultrapetrol (Bahamas) on 7 of the 8 factors compared between the two stocks.

About Performance Shipping

Performance Shipping Inc. provides shipping transportation services through its tanker vessels worldwide. As of December 31, 2022, its fleet consisted of eight Aframax tanker vessels with a combined carrying capacity of 851,825 DWT. The company was incorporated in 2010 and is based in Athens, Greece.

About Ultrapetrol (Bahamas)

Ultrapetrol (Bahamas) Limited, an industrial shipping company, provides marine transportation services in South America, Europe, Central America, North America, and Asia. The company operates in three segments: River Business, Offshore Supply Business, and Ocean Business. The River Business segment owns and operates dry and tanker barges, and push boats in the Hidrovia region of South America. Its dry barges transport agricultural and forestry products, iron ore, and other cargoes; and tanker barges carry petroleum products, vegetable oils, and other liquids. As of December 31, 2015, this segment had 681 barges with approximately 1.3 million dwt capacity; and 34 push boats. The Offshore Supply Business segment owns and operates vessels that provide logistical and transportation services for offshore petroleum exploration and production companies. It transports supplies, such as containerized equipment, drill casings, pipes, and heavy loads; fuel, water, drilling fluids, and bulk cement; and various other supplies to drilling rigs and platforms. This segment's fleet consisted of 13 platform supply vessels and 1 remotely operated vehicle. The Ocean Business segment owns and operates oceangoing vessels, which transports petroleum products, as well as a container line service in the Argentine cabotage trade. The company serves petroleum, agricultural, and mining companies. Ultrapetrol (Bahamas) Limited was founded in 1992 and is headquartered in Nassau, the Bahamas. Ultrapetrol (Bahamas) Limited is a subsidiary of Sparrow Capital Investments Ltd.