Should I buy or sell Top Ships stock right now?

1 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Top Ships in the last twelve months. There are currently 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" TOPS shares. View TOPS analyst ratings or view top-rated stocks .

What is Top Ships' stock price target for 2024?

1 brokerages have issued twelve-month target prices for Top Ships' stock. Their TOPS share price targets range from $30.00 to $30.00. On average, they anticipate the company's stock price to reach $30.00 in the next year. This suggests a possible upside of 128.0% 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 $15.24 on January 1st, 2023. Since then, TOPS stock has decreased by 13.6% and is now trading at $13.16. View the best growth stocks for 2023 here .

Are investors shorting Top Ships?

Top Ships saw a increase in short interest during the month of November. As of November 15th, there was short interest totaling 20,000 shares, an increase of 34.2% from the October 31st total of 14,900 shares. Based on an average daily trading volume, of 41,200 shares, the days-to-cover ratio is presently 0.5 days. Approximately 1.2% of the shares of the company are sold short. View Top Ships' Short Interest .

When is Top Ships' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, February 28th 2024. View our TOPS earnings forecast .

When did Top Ships' stock split?

Shares of Top Ships reverse split before market open on Friday, September 29th 2023. The 1-12 reverse split was announced on Friday, September 29th 2023. The number of shares owned by shareholders was adjusted after the closing bell on Friday, September 29th 2023. An investor that had 100 shares of stock prior to the reverse split would have 8 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) .

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 .

Top Ships Stock Price, News & Analysis (NASDAQ:TOPS)

$13.16

-0.22 (-1.64%)

(As of 12/6/2023 ET)

Compare

Today's Range: $13.02
▼
$13.70
50-Day Range: $5.86
▼
$85.68
52-Week Range: $5.51
▼
$25.80

Volume: 24,012 shs
Average Volume: 127,694 shs
Market Capitalization: $3.95 million

P/E Ratio: N/A
Dividend Yield: N/A
Price Target: $30.00

Top Ships MarketRank™ Stock Analysis

Analyst Rating: Buy
3.00 Rating Score
Upside/Downside: 128.0% Upside
$30.00 Price Target
Short Interest: Healthy
1.21% of Float Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: 0.01
Based on 4 Articles This Week
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.

1.89 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 $30.00, Top Ships has a forecasted upside of 128.0% from its current price of $13.16.
Amount of Analyst Coverage
Top Ships has received no research coverage in the past 90 days.

3.0

Short Interest

Percentage of Shares Shorted
1.21% 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 0.5, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in Top Ships has recently increased by 34.23%, indicating that investor sentiment is decreasing 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.

2.2

News and Social Media Coverage

News Sentiment
Top Ships has a news sentiment score of 0.01. 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 0.45 average news sentiment score of Transportation companies.
News Coverage This Week
MarketBeat has tracked 4 news articles for Top Ships this week, compared to 1 article on an average week.
Search Interest
3 people have searched for TOPS on MarketBeat in the last 30 days. This is an increase of 50% 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 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 0.04. 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 Stock (NASDAQ:TOPS)

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 Stock Price History

30 days | 90 days | 365 days | Advanced Chart

TOPS Stock News Headlines

December 4, 2023 | msn.com

7 Best Cruise Lines for Families in 2024 (and Their 12 Most Kid-Friendly Ships)

December 2, 2023 | msn.com

Nacon Revolution 5 Pro Controller Review

December 7, 2023 | DTI Trader (Ad)

New CBOE “special perk” helps traders target income every weekend

You might not immediately realize what you’re reading. Let me help you out a little… What you're looking at is a “special perk” set up by the Chicago Board of Options Exchange.

December 1, 2023 | americanbankingnews.com

Top Ships (NASDAQ:TOPS) Rating Lowered to Hold at StockNews.com

November 30, 2023 | msn.com

Food for Families: Behind the scenes of a food bank warehouse

November 30, 2023 | americanbankingnews.com

Top Ships (NASDAQ:TOPS) Downgraded by StockNews.com to Hold

November 29, 2023 | americanbankingnews.com

Top Ships (NASDAQ:TOPS) Shares Pass Above 50 Day Moving Average of $8.86

November 27, 2023 | msn.com

Norwegian Cruise Line vs. Royal Caribbean: Compare two popular big-ship cruise lines

December 7, 2023 | Financial Alphas (Ad)

Lithium Discovery So BIG You Can't Miss it, Even From Space

With the green energy transition well underway, lithium demand is rapidly outpacing projected supply. While companies frantically search for new sources of this critical metal, one small company is sitting on a massive claim in North America - So big in fact that it can clearly be seen from space!

November 25, 2023 | msn.com

The Best Cruise Lines For A Romantic Couples Getaway, According To Reviews

November 22, 2023 | finance.yahoo.com

TOP Ships Inc. Announces Extension of Time Charter Employment for Two VLCC Tankers

November 22, 2023 | finance.yahoo.com

Global Autonomous Ships Market Size To Worth USD 10.19 Billion by 2032 | CAGR of 9.2%

November 11, 2023 | ca.finance.yahoo.com

Lego's 5,200-piece Avengers Tower set ships with 31 minifigures, including Kevin Feige

November 11, 2023 | msn.com

Beatles' 'Now and Then' tops UK charts

November 1, 2023 | morningstar.com

TOP Ships Inc TOPS

October 17, 2023 | usatoday.com

See how US Navy ships in the Mediterranean are positioned to support Israel

October 17, 2023 | msn.com

I spent a night on a new $560 million luxury cruise ship and now I think Explora could dominate the upscale cruise market

October 14, 2023 | news.yahoo.com

Cruise passengers in Barcelona will no longer be able to stop in the city centre

October 14, 2023 | news.yahoo.com

Germany ‘going all in’ by offering 35,000 troops, 200 aircraft and ships to NATO’s new deterrence and defense

October 13, 2023 | news.yahoo.com

Ukraine hits Russian Navy ships with experimental Sea Baby drones — again!

October 13, 2023 | news.yahoo.com

Britain sends spy planes, ships to Mediterranean amid Israel-Hamas war

October 13, 2023 | news.yahoo.com

Ukraine Recap: Kyiv Claims Drone Hit on Russian Missile Carrier

October 12, 2023 | foxnews.com

Novavax ships millions of updated COVID-19 vaccine doses after FDA clearance

October 9, 2023 | msn.com

USS Jackson returns to San Diego facing possible early end of its service to the Navy

October 5, 2023 | msn.com

What to Wear on a Cruise: Daytime, Formal Nights & More

October 5, 2023 | msn.com

Top Ships (TOPS) Price Target Increased by 1100.00% to 36.72

October 3, 2023 | finance.yahoo.com

Tide turning against controversial ‘hyper-dilutive’ shipping stock sales

See More Headlines

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Company Calendar

Today: 12/06/2023
Fiscal Year End: 12/31/2023
Next Earnings (Estimated): 2/28/2024

Get Stock Alerts

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 Target: $30.00
High Stock Price Target: $30.00
Low Stock Price Target: $30.00
Potential Upside/Downside: +128.0%
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: 0.05
Cash Flow: $146.22 per share
Price / Cash Flow: 0.09
Book Value: $374.79 per share
Price / Book: 0.04

Miscellaneous

Outstanding Shares: 300,000
Free Float: N/A
Market Cap: $3.95 million
Optionable: Not Optionable
Beta: 1.62

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Key Executives

Mr. Evangelos J. Pistiolis (Age 50)
Founder, President, CEO & Director
Mr. Alexandros Tsirikos (Age 49)
CFO & Executive 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 Analysis - Frequently Asked Questions

Should I buy or sell Top Ships stock right now?: 1 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Top Ships in the last twelve months. There are currently 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" TOPS shares.
View TOPS analyst ratings or view top-rated stocks.
What is Top Ships' stock price target for 2024?: 1 brokerages have issued twelve-month target prices for Top Ships' stock. Their TOPS share price targets range from $30.00 to $30.00. On average, they anticipate the company's stock price to reach $30.00 in the next year. This suggests a possible upside of 128.0% 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 $15.24 on January 1st, 2023. Since then, TOPS stock has decreased by 13.6% and is now trading at $13.16.
View the best growth stocks for 2023 here.
Are investors shorting Top Ships?: Top Ships saw a increase in short interest during the month of November. As of November 15th, there was short interest totaling 20,000 shares, an increase of 34.2% from the October 31st total of 14,900 shares. Based on an average daily trading volume, of 41,200 shares, the days-to-cover ratio is presently 0.5 days. Approximately 1.2% of the shares of the company are sold short.
View Top Ships' Short Interest.

When is Top Ships' next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Wednesday, February 28th 2024.
View our TOPS earnings forecast.
When did Top Ships' stock split?: Shares of Top Ships reverse split before market open on Friday, September 29th 2023. The 1-12 reverse split was announced on Friday, September 29th 2023. The number of shares owned by shareholders was adjusted after the closing bell on Friday, September 29th 2023. An investor that had 100 shares of stock prior to the reverse split would have 8 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).
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.

This page (NASDAQ:TOPS) was last updated on 12/7/2023 by MarketBeat.com Staff

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Top Ships Stock Price, News & Analysis (NASDAQ:TOPS)

Top Ships MarketRank™ Stock Analysis

Overall MarketRank™

Analyst's Opinion

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

News Sentiment

News Coverage This Week

Search Interest

Company Ownership

Earnings and Valuation

About Top Ships Stock (NASDAQ:TOPS)

TOPS Stock Price History

TOPS Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

TOPS Stock Analysis - Frequently Asked Questions

Overall MarketRank^™