Okeanis Eco Tankers (NYSE:ECO – Get Free Report) is one of 53 publicly-traded companies in the “Deep sea foreign transportation of freight” industry, but how does it weigh in compared to its competitors? We will compare Okeanis Eco Tankers to related businesses based on the strength of its valuation, dividends, earnings, institutional ownership, risk, profitability and analyst recommendations.
Institutional and Insider Ownership
48.1% of shares of all “Deep sea foreign transportation of freight” companies are held by institutional investors. 15.0% of shares of all “Deep sea foreign transportation of freight” companies are held by company 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.
Profitability
This table compares Okeanis Eco Tankers and its competitors’ net margins, return on equity and return on assets.
Net Margins | Return on Equity | Return on Assets | |
Okeanis Eco Tankers | 30.17% | 28.35% | 10.54% |
Okeanis Eco Tankers Competitors | 31.84% | 16.33% | 8.42% |
Dividends
Earnings & Valuation
This table compares Okeanis Eco Tankers and its competitors top-line revenue, earnings per share and valuation.
Gross Revenue | Net Income | Price/Earnings Ratio | |
Okeanis Eco Tankers | $403.85 million | $145.25 million | 7.63 |
Okeanis Eco Tankers Competitors | $720.63 million | $125.08 million | 11.86 |
Okeanis Eco Tankers’ competitors have higher revenue, but lower earnings than Okeanis Eco Tankers. Okeanis Eco Tankers is trading at a lower price-to-earnings ratio than its competitors, indicating that it is currently more affordable than other companies in its industry.
Analyst Recommendations
This is a summary of current ratings and target prices for Okeanis Eco Tankers and its competitors, as reported by MarketBeat.
Sell Ratings | Hold Ratings | Buy Ratings | Strong Buy Ratings | Rating Score | |
Okeanis Eco Tankers | 0 | 0 | 1 | 0 | 3.00 |
Okeanis Eco Tankers Competitors | 257 | 1492 | 1773 | 82 | 2.47 |
Okeanis Eco Tankers currently has a consensus target price of $44.00, indicating a potential upside of 37.67%. As a group, “Deep sea foreign transportation of freight” companies have a potential upside of 27.80%. Given Okeanis Eco Tankers’ stronger consensus rating and higher possible upside, analysts plainly believe Okeanis Eco Tankers is more favorable than its competitors.
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.
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