Shares of Seacor Holdings, Inc. (NYSE:CKH) have earned a consensus broker rating score of 3.00 (Hold) from the one analysts that provide coverage for the stock, Zacks Investment Research reports. One analyst has rated the stock with a hold recommendation.
Analysts have set a one year consensus price objective of $53.00 for the company and are forecasting that the company will post $0.53 EPS for the current quarter, according to Zacks. Zacks has also given Seacor an industry rank of 207 out of 256 based on the ratings given to its competitors.
A number of equities analysts have recently commented on the stock. Zacks Investment Research lowered shares of Hallmark Financial Services from a “buy” rating to a “hold” rating in a research report on Thursday. ValuEngine lowered shares of Vereit from a “buy” rating to a “hold” rating in a research report on Friday, July 19th. Finally, TheStreet lowered shares of Viavi Solutions from a “b-” rating to a “c+” rating in a research report on Monday, June 3rd.
Several large investors have recently modified their holdings of the company. Norges Bank bought a new position in shares of Seacor during the fourth quarter valued at approximately $8,295,000. Assenagon Asset Management S.A. boosted its stake in shares of Seacor by 188.4% during the first quarter. Assenagon Asset Management S.A. now owns 57,192 shares of the oil and gas company’s stock valued at $2,418,000 after purchasing an additional 37,362 shares in the last quarter. WINTON GROUP Ltd bought a new position in shares of Seacor during the second quarter valued at approximately $1,393,000. Acadian Asset Management LLC boosted its stake in shares of Seacor by 147.6% during the first quarter. Acadian Asset Management LLC now owns 45,296 shares of the oil and gas company’s stock valued at $1,915,000 after purchasing an additional 27,004 shares in the last quarter. Finally, Perennial Advisors LLC boosted its stake in shares of Seacor by 595.3% during the first quarter. Perennial Advisors LLC now owns 28,674 shares of the oil and gas company’s stock valued at $1,212,000 after purchasing an additional 24,550 shares in the last quarter. 91.47% of the stock is currently owned by institutional investors and hedge funds.
Seacor stock traded up $1.05 during midday trading on Friday, reaching $49.70. The stock had a trading volume of 5,126 shares, compared to its average volume of 67,525. The company has a debt-to-equity ratio of 0.35, a quick ratio of 2.42 and a current ratio of 2.45. Seacor has a 52-week low of $34.63 and a 52-week high of $57.95. The company has a market capitalization of $901.21 million, a price-to-earnings ratio of 27.57 and a beta of 0.87. The stock has a fifty day simple moving average of $46.03.
Seacor (NYSE:CKH) last posted its quarterly earnings data on Wednesday, July 24th. The oil and gas company reported $0.76 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.44 by $0.32. Seacor had a net margin of 4.12% and a return on equity of 4.77%. The company had revenue of $197.02 million for the quarter, compared to analyst estimates of $214.72 million. On average, equities analysts forecast that Seacor will post 1.89 EPS for the current fiscal year.
Seacor Company Profile
SEACOR Holdings Inc engages in transportation and logistics, risk management consultancy, and other businesses in the United States and internationally. The company operates through Ocean Transportation & Logistics Services, Inland Transportation & Logistics Services, Witt O'Brien's, and Other segments.
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