A number of other equities analysts have also weighed in on the stock. Stifel Nicolaus set a $50.00 price objective on shares of SEACOR and gave the stock a hold rating in a report on Thursday, March 1st. ValuEngine downgraded shares of SEACOR from a hold rating to a sell rating in a research report on Friday, February 2nd. Finally, Zacks Investment Research raised shares of SEACOR from a hold rating to a buy rating and set a $61.00 target price for the company in a research report on Tuesday, May 1st. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating and one has assigned a buy rating to the company. The stock presently has a consensus rating of Hold and an average target price of $52.67.
Shares of NYSE CKH opened at $53.03 on Tuesday. SEACOR has a twelve month low of $30.44 and a twelve month high of $59.00. The company has a market capitalization of $948.71 million, a P/E ratio of 41.11 and a beta of 0.85. The company has a quick ratio of 2.65, a current ratio of 2.67 and a debt-to-equity ratio of 0.65.
SEACOR (NYSE:CKH) last announced its quarterly earnings data on Wednesday, April 25th. The oil and gas company reported $0.16 earnings per share for the quarter, topping analysts’ consensus estimates of $0.12 by $0.04. SEACOR had a net margin of 9.03% and a return on equity of 1.61%. The company had revenue of $184.82 million during the quarter, compared to analyst estimates of $173.10 million. sell-side analysts expect that SEACOR will post 0.92 earnings per share for the current fiscal year.
In other SEACOR news, CFO Bruce Weins sold 16,819 shares of SEACOR stock in a transaction that occurred on Tuesday, March 13th. The shares were sold at an average price of $48.50, for a total value of $815,721.50. Following the completion of the sale, the chief financial officer now owns 12,503 shares of the company’s stock, valued at approximately $606,395.50. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, Vice Chairman Oivind Lorentzen sold 5,992 shares of SEACOR stock in a transaction that occurred on Friday, March 2nd. The stock was sold at an average price of $44.10, for a total transaction of $264,247.20. Following the completion of the sale, the insider now directly owns 41,183 shares of the company’s stock, valued at approximately $1,816,170.30. The disclosure for this sale can be found here. Insiders own 10.47% of the company’s stock.
Hedge funds have recently modified their holdings of the company. SG Americas Securities LLC bought a new stake in shares of SEACOR during the 1st quarter valued at $127,000. Bank of Montreal Can grew its position in shares of SEACOR by 2,282.2% during the 4th quarter. Bank of Montreal Can now owns 2,811 shares of the oil and gas company’s stock valued at $129,000 after acquiring an additional 2,693 shares during the period. Paloma Partners Management Co bought a new stake in shares of SEACOR during the 4th quarter valued at $234,000. Teacher Retirement System of Texas bought a new stake in shares of SEACOR during the 4th quarter valued at $263,000. Finally, Trexquant Investment LP bought a new stake in shares of SEACOR during the 1st quarter valued at $354,000. 90.87% of the stock is owned by hedge funds and other institutional investors.
SEACOR Holdings Inc, a diversified holding company, engages in transportation, and logistics and risk management consultancy businesses in the United States and internationally. The company's Ocean Transportation & Logistics Services segment owns and operates a diversified fleet of marine transportation, and towing and bunkering assets.
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