NASDAQ:TOPS

Top Ships (TOPS) Stock Forecast, Price & News

$0.61

-0.02 (-3.17%)

(As of 09/21/2023 ET)

Compare

Today's Range: $0.61
▼
$0.63
50-Day Range: $0.61
▼
$0.84
52-Week Range: $0.56
▼
$11.60

Volume: 304,442 shs
Average Volume: 188,452 shs
Market Capitalization: $2.16 million

P/E Ratio: N/A
Dividend Yield: N/A
Price Target: $2.50

Top Ships MarketRank™ Forecast

Analyst Rating: Buy
3.00 Rating Score
Upside/Downside: 309.7% Upside
$2.50 Price Target
Short Interest: Healthy
2.24% of Float Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: N/A
Insider Trading: N/A
Proj. Earnings Growth: N/A

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.00 out of 5 stars

3.5

Analyst's Opinion

Consensus Rating
Top Ships has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 1 buy rating, no hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $2.50, Top Ships has a forecasted upside of 309.7% from its current price of $0.61.
Amount of Analyst Coverage
Top Ships has received no research coverage in the past 90 days.

5.0

Short Interest

Percentage of Shares Shorted
2.24% of the float of Top Ships has been sold short.
Short Interest Ratio / Days to Cover
Top Ships has a short interest ratio ("days to cover") of 0.4, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in Top Ships has recently decreased by 55.99%, indicating that investor sentiment is improving significantly.

0.0

Dividend Strength

Dividend Yield
Top Ships does not currently pay a dividend.
Dividend Growth
Top Ships does not have a long track record of dividend growth.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for TOPS.

1.2

News and Social Media Coverage

News Sentiment
Top Ships has a news sentiment score of 0.19. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.64 average news sentiment score of Transportation companies.
News Coverage This Week
MarketBeat has tracked 1 news article for Top Ships this week, compared to 1 article on an average week.
Search Interest
Only 2 people have searched for TOPS on MarketBeat in the last 30 days. This is a decrease of -71% compared to the previous 30 days.

0.0

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Top Ships insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 0.30% of the stock of Top Ships is held by insiders.
Percentage Held by Institutions
Only 6.90% of the stock of Top Ships is held by institutions.

0.6

Earnings and Valuation

Price to Book Value per Share Ratio
Top Ships has a P/B Ratio of 0.02. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About Top Ships (NASDAQ:TOPS) Stock

Top Ships Inc. owns and operates tanker vessels worldwide. The company's medium range tanker vessels transport crude oil, petroleum products, and bulk liquid chemicals. As of December 31, 2022, it had a fleet with a total capacity of 1,435,000 deadweight tonnes (dwt) consisting of one 50,000 dwt product/chemical tanker, five 157,000 dwt Suezmax tankers, two 300,000 dwt very large crude carriers, and two 50,000 dwt product tankers. The company was formerly known as Top Tankers Inc. and changed its name to Top Ships Inc. in December 2007. Top Ships Inc. was Founded in 2000 and is based in Maroussi, Greece.

TOPS Price History

30 days | 90 days | 365 days | Advanced Chart

TOPS Stock News Headlines

September 17, 2023 | msn.com

The 5 best Arctic cruise itineraries, from someone who has tried them all

September 14, 2023 | americanbankingnews.com

Top Ships (NASDAQ:TOPS) Share Price Crosses Below 200-Day Moving Average of $0.75

September 22, 2023 | Wall Street Fundamentals (Ad)

The "Plug and Play" Model Putting Online Giants to Shame

While e-commerce has been undergoing a turbulent time, a "simple" model has grown 4X faster than Amazon over the last 3 years. Applying this model to high-margin, recession-resistant businesses has shown to be profitable. But that's just the beginning of explaining the 400+% growth - and potential - of this "diamond in the rough."

September 12, 2023 | finance.yahoo.com

Untether AI Ships the tsunAImi tsn200 Accelerator Card, Delivering High Performance Inference Beyond the Datacenter

September 8, 2023 | msn.com

Week 4 high school football: Sheboygan North holds off Manitowoc Lincoln rally

September 5, 2023 | msn.com

Turkey's Erdogan says Black Sea grain deal can be revived soon following talks with Putin

August 28, 2023 | thetimes.co.uk

Rome faces outcry at 2,000 migrant deaths

August 28, 2023 | dailymail.co.uk

How hordes of selfie-obsessed tourists from huge cruise ships are RUINING La Dolce Vita in the Italian Riviera's most exquisite gem

September 22, 2023 | Edge On The Street (Ad)

The Strategic Gold Play You Haven't Heard About

Experts recommend adding gold to your portfolio, but in what form? Some savvy investors are now rejecting coins and mining stocks in favor of a unique gold investment alternative. It holds explosive growth potential similar to a junior gold stock -- but with less risk exposure.

August 23, 2023 | msn.com

First-Time Cruise Tips: 20 Major Mistakes to Avoid

August 21, 2023 | msn.com

A Mekong River Trip To Angkor Tops The Bucket List

August 16, 2023 | foxnews.com

China sends 6 navy ships, 33 fighter jets toward Taiwan in new show of force

August 16, 2023 | msn.com

Instagram vs Reality: These Destinations and Attractions Don't Always Impress

August 5, 2023 | markets.businessinsider.com

Top Ships (TOPS) Receives a Buy from Maxim Group

August 4, 2023 | news.yahoo.com

Looking Back: 'Oh, gentle quiet ships, where are you anchored now?'

August 4, 2023 | finance.yahoo.com

TOP Ships Announces Management Estimate of Net Asset Value of $285 Million, Net Asset Value per Share of $14.02 and Diluted Net Asset Value per Share of $4.97

August 3, 2023 | finance.yahoo.com

Top Ships Announces Profit of $5.8 Million and an EPS of $0.13 for the 1st Half of 2023 Marking its Fifth Consecutive Profitable Six-Month Period

July 30, 2023 | seatrade-maritime.com

Liberia takes world’s largest ship registry crown

July 21, 2023 | yahoo.com

The most polluted cities in Europe

July 20, 2023 | msn.com

The ultimate guide to Disney Cruise Line ships and itineraries

July 20, 2023 | finance.yahoo.com

TOP Ships Inc. Announces Time Charters at Very Strong Rates and Revenue Backlog of $352 Million, 26% Higher Than Previously Reported

July 10, 2023 | finance.yahoo.com

We Like These Underlying Return On Capital Trends At Top Ships (NASDAQ:TOPS)

July 2, 2023 | news.yahoo.com

Russia’s Rusty Oil Tanker Fleet Sets Sail With Newer Ships

June 21, 2023 | finanznachrichten.de

TOP Ships Inc.: Top Ships Inc. Announces Proposed Spin-Off Creating a New Suezmax Tanker Company

June 21, 2023 | msn.com

TOP Ships proposes spinoff creating new Suezmax tanker company

June 21, 2023 | finance.yahoo.com

Top Ships Inc. Announces Proposed Spin-Off Creating a New Suezmax Tanker Company

June 17, 2023 | usatoday.com

Duck, duck, cruise: What to know about rubber ducks on cruise ships

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TOPS Company Calendar

Today: 9/22/2023
Fiscal Year End: 12/31/2023

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Industry, Sector and Symbol

Stock Exchange: NASDAQ
Industry: Deep sea foreign transportation of freight
Sub-Industry: N/A
Sector: Transportation
Current Symbol: NASDAQ:TOPS
CUSIP: N/A
CIK: 1296484
Web: www.topships.org
Phone: 302108128000
Fax: 30 210 614 1273
Employees: 1
Year Founded: N/A

Price Target and Rating

Average Stock Price Forecast: $2.50
High Stock Price Forecast: $2.50
Low Stock Price Forecast: $2.50
Forecasted Upside/Downside: +309.7%
Consensus Rating: Buy
Rating Score (0-4): 3.00
Research Coverage: 1 Analysts

Profitability

EPS (Most Recent Fiscal Year): N/A
Trailing P/E Ratio: N/A
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: N/A
Net Margins: N/A
Pretax Margin: N/A
Return on Equity: N/A
Return on Assets: N/A

Debt

Debt-to-Equity Ratio: 1.53
Current Ratio: 0.23
Quick Ratio: 0.21

Sales & Book Value

Annual Sales: $80.66 million
Price / Sales: 0.03
Cash Flow: $12.20 per share
Price / Cash Flow: 0.05
Book Value: $31.22 per share
Price / Book: 0.02

Miscellaneous

Outstanding Shares: 3,540,000
Free Float: 3,534,000
Market Cap: $2.16 million
Optionable: Not Optionable
Beta: 0.73

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Key Executives

Mr. Evangelos J. Pistiolis (Age 50)
Founder, Pres, CEO & Director

Mr. Alexandros Tsirikos (Age 49)
CFO & Exec. Director

Mr. Vangelis G. Ikonomou (Age 58)
Chief Operating Officer

Mr. Konstantinos Patis (Age 49)
Chief Technical Officer

Key Competitors

View All Competitors

TOPS Stock - Frequently Asked Questions

Should I buy or sell Top Ships stock right now?: 1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Top Ships in the last year. There are currently 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "buy" TOPS shares.
View TOPS analyst ratings or view top-rated stocks.
What is Top Ships' stock price forecast for 2023?: 1 Wall Street research analysts have issued twelve-month target prices for Top Ships' shares. Their TOPS share price forecasts range from $2.50 to $2.50. On average, they anticipate the company's stock price to reach $2.50 in the next year. This suggests a possible upside of 309.7% from the stock's current price.
View analysts price targets for TOPS or view top-rated stocks among Wall Street analysts.
How have TOPS shares performed in 2023?: Top Ships' stock was trading at $1.27 on January 1st, 2023. Since then, TOPS stock has decreased by 52.0% and is now trading at $0.6102.
View the best growth stocks for 2023 here.
Are investors shorting Top Ships?: Top Ships saw a decline in short interest in August. As of August 31st, there was short interest totaling 217,700 shares, a decline of 56.0% from the August 15th total of 494,700 shares. Based on an average trading volume of 542,900 shares, the days-to-cover ratio is presently 0.4 days. Currently, 2.2% of the shares of the stock are short sold.
View Top Ships' Short Interest.
When did Top Ships' stock split?: Top Ships shares reverse split on Friday, September 23rd 2022. The 1-20 reverse split was announced on Friday, September 23rd 2022. The number of shares owned by shareholders was adjusted after the market closes on Friday, September 23rd 2022. An investor that had 100 shares of stock prior to the reverse split would have 5 shares after the split.

What other stocks do shareholders of Top Ships own?: Based on aggregate information from My MarketBeat watchlists, some companies that other Top Ships investors own include Tufton Oceanic Assets (SHIP), DryShips (DRYS), Globus Maritime (GLBS), Sorrento Therapeutics (SRNE), Heat Biologics (HTBX), Matinas BioPharma (MTNB), Dynavax Technologies (DVAX), Genius Brands International (GNUS), Chesapeake Energy (CHKAQ) and Oasis Petroleum (OAS).
What is Top Ships' stock symbol?: Top Ships trades on the NASDAQ under the ticker symbol "TOPS."
How do I buy shares of Top Ships?: Shares of TOPS stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.
What is Top Ships' stock price today?: One share of TOPS stock can currently be purchased for approximately $0.61.
How much money does Top Ships make?: Top Ships (NASDAQ:TOPS) has a market capitalization of $2.16 million and generates $80.66 million in revenue each year.
How can I contact Top Ships?: Top Ships' mailing address is 1 Vasilisis Sofias and Megalou Alexandrou Str, Maroussi J3, 15124. The official website for the company is www.topships.org. The shipping company can be reached via phone at 302108128000, via email at investors@topships.org, or via fax at 30 210 614 1273.

This page (NASDAQ:TOPS) was last updated on 9/22/2023 by MarketBeat.com Staff

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