Grindrod Shipping (GRIN) Competitors

$13.64
+0.02 (+0.15%)
(As of 02:46 PM ET)

GRIN vs. EURN, ECO, DLNG, CISS, OP, PSHG, CTRM, GLBS, PXS, and IMPP

Should you be buying Grindrod Shipping stock or one of its competitors? The main competitors of Grindrod Shipping include Euronav (EURN), Okeanis Eco Tankers (ECO), Dynagas LNG Partners (DLNG), C3is (CISS), OceanPal (OP), Performance Shipping (PSHG), Castor Maritime (CTRM), Globus Maritime (GLBS), Pyxis Tankers (PXS), and Imperial Petroleum (IMPP). These companies are all part of the "transportation" sector.

Grindrod Shipping vs.

Grindrod Shipping (NASDAQ:GRIN) and Euronav (NYSE:EURN) are both transportation companies, but which is the better business? We will compare the two companies based on the strength of their earnings, media sentiment, analyst recommendations, community ranking, profitability, risk, valuation, institutional ownership and dividends.

In the previous week, Grindrod Shipping and Grindrod Shipping both had 1 articles in the media. Euronav's average media sentiment score of 1.00 beat Grindrod Shipping's score of -0.50 indicating that Euronav is being referred to more favorably in the news media.

Company Overall Sentiment
Grindrod Shipping Negative
Euronav Positive

Euronav has a net margin of 69.69% compared to Grindrod Shipping's net margin of -2.49%. Euronav's return on equity of 25.45% beat Grindrod Shipping's return on equity.

Company Net Margins Return on Equity Return on Assets
Grindrod Shipping-2.49% -2.89% -1.63%
Euronav 69.69%25.45%14.59%

Grindrod Shipping pays an annual dividend of $0.03 per share and has a dividend yield of 0.2%. Euronav pays an annual dividend of $1.60 per share and has a dividend yield of 9.4%. Grindrod Shipping pays out -6.0% of its earnings in the form of a dividend. Euronav pays out 37.5% of its earnings in the form of a dividend. Both companies have healthy payout ratios and should be able to cover their dividend payments with earnings for the next several years.

Grindrod Shipping currently has a consensus target price of $12.50, indicating a potential downside of 9.29%. Euronav has a consensus target price of $19.18, indicating a potential upside of 13.67%. Given Euronav's higher possible upside, analysts plainly believe Euronav is more favorable than Grindrod Shipping.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Grindrod Shipping
0 Sell rating(s)
1 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
2.00
Euronav
0 Sell rating(s)
6 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
2.00

Euronav received 422 more outperform votes than Grindrod Shipping when rated by MarketBeat users. Likewise, 67.12% of users gave Euronav an outperform vote while only 62.50% of users gave Grindrod Shipping an outperform vote.

CompanyUnderperformOutperform
Grindrod ShippingOutperform Votes
25
62.50%
Underperform Votes
15
37.50%
EuronavOutperform Votes
447
67.12%
Underperform Votes
219
32.88%

Euronav has higher revenue and earnings than Grindrod Shipping. Grindrod Shipping is trading at a lower price-to-earnings ratio than Euronav, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Grindrod Shipping$387.10MN/A-$9.62M-$0.50-27.16
Euronav$1.24BN/A$858.03M$4.273.97

Grindrod Shipping has a beta of 0.75, meaning that its share price is 25% less volatile than the S&P 500. Comparatively, Euronav has a beta of 0.05, meaning that its share price is 95% less volatile than the S&P 500.

Summary

Euronav beats Grindrod Shipping on 12 of the 14 factors compared between the two stocks.

New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding GRIN and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

This chart shows the average media sentiment of NASDAQ and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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GRIN vs. The Competition

MetricGrindrod ShippingDeep sea foreign transportation of freight IndustryTransportation SectorNASDAQ Exchange
Market CapN/A$922.18M$10.29B$7.62B
Dividend Yield0.22%5.23%3.81%3.93%
P/E Ratio-27.168.6914.6416.18
Price / SalesN/A1.8523.8380.81
Price / Cash1.394.8316.7335.09
Price / Book0.910.871.974.38
Net Income-$9.62M$90.46M$630.17M$213.88M
7 Day Performance-1.38%2.77%1.26%1.73%
1 Month Performance30.70%2.41%-2.26%-3.87%
1 Year Performance16.37%34.37%11.40%9.06%

Grindrod Shipping Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
EURN
Euronav
3.5048 of 5 stars
$16.46
+1.7%
$19.72
+19.8%
-4.9%$0.00$1.24B3.852,946Short Interest ↓
ECO
Okeanis Eco Tankers
3.2044 of 5 stars
$30.56
+0.3%
N/AN/A$0.00$413.10M0.00N/AShort Interest ↑
DLNG
Dynagas LNG Partners
3.2245 of 5 stars
$3.14
+2.3%
$4.00
+27.4%
+31.0%$0.00$148.88M4.762,020Analyst Report
Short Interest ↓
News Coverage
Gap Up
CISS
C3is
0 of 5 stars
$1.59
+10.4%
N/AN/A$584,000.00$14.55M0.00N/AShort Interest ↓
Gap Down
High Trading Volume
OP
OceanPal
0 of 5 stars
$2.55
-0.8%
N/A-60.5%$3.21M$18.96M-0.822,021Short Interest ↓
Gap Down
PSHG
Performance Shipping
0 of 5 stars
$2.16
flat
N/A+148.0%$26.53M$108.94M1.13152
CTRM
Castor Maritime
0 of 5 stars
$3.62
+2.3%
N/A-54.4%$34.97M$97.52M1.451Short Interest ↑
High Trading Volume
GLBS
Globus Maritime
0 of 5 stars
$2.04
-3.3%
N/A+88.2%$41.98M$31.20M7.8524Short Interest ↓
High Trading Volume
PXS
Pyxis Tankers
0 of 5 stars
$4.61
-0.6%
N/A-22.1%$48.91M$58.34M2.66N/AShort Interest ↓
Gap Up
IMPP
Imperial Petroleum
0 of 5 stars
$3.32
-2.1%
N/A+15.9%$56.74M$183.73M1.0374Positive News

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This page (NASDAQ:GRIN) was last updated on 4/26/2024 by MarketBeat.com Staff

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