Performance Shipping (NASDAQ:PSHG – Get Free Report) and Danaos (NYSE:DAC – Get Free Report) are both industrials companies, but which is the better stock? We will compare the two businesses based on the strength of their earnings, analyst recommendations, valuation, institutional ownership, dividends, profitability and risk.
Insider & Institutional Ownership
19.9% of Performance Shipping shares are held by institutional investors. Comparatively, 19.0% of Danaos shares are held by institutional investors. 0.4% of Performance Shipping shares are held by insiders. Comparatively, 41.0% of Danaos shares are held by insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a company is poised for long-term growth.
Profitability
This table compares Performance Shipping and Danaos’ net margins, return on equity and return on assets.
| Net Margins | Return on Equity | Return on Assets | |
| Performance Shipping | 29.70% | 10.21% | 5.48% |
| Danaos | 51.26% | 13.20% | 10.08% |
Analyst Recommendations
This is a breakdown of recent ratings for Performance Shipping and Danaos, as reported by MarketBeat.
| Sell Ratings | Hold Ratings | Buy Ratings | Strong Buy Ratings | Rating Score | |
| Performance Shipping | 0 | 1 | 0 | 0 | 2.00 |
| Danaos | 0 | 0 | 0 | 3 | 4.00 |
Volatility & Risk
Performance Shipping has a beta of -0.07, indicating that its stock price is 107% less volatile than the S&P 500. Comparatively, Danaos has a beta of 0.94, indicating that its stock price is 6% less volatile than the S&P 500.
Valuation and Earnings
This table compares Performance Shipping and Danaos”s revenue, earnings per share and valuation.
| Gross Revenue | Price/Sales Ratio | Net Income | Earnings Per Share | Price/Earnings Ratio | |
| Performance Shipping | $84.17 million | 0.31 | $49.97 million | $0.92 | 2.26 |
| Danaos | $1.06 billion | 2.56 | $494.61 million | $29.55 | 5.02 |
Danaos has higher revenue and earnings than Performance Shipping. Performance Shipping is trading at a lower price-to-earnings ratio than Danaos, indicating that it is currently the more affordable of the two stocks.
Summary
Danaos beats Performance Shipping on 12 of the 13 factors compared between the two stocks.
About Performance Shipping
Performance Shipping Inc. provides shipping transportation services through its tanker vessels worldwide. As of December 31, 2023, its fleet consisted of seven Aframax tanker vessels with a combined carrying capacity of 735,910 DWT. The company was incorporated in 2010 and is based in Athens, Greece.
About Danaos
Danaos Corporation, together with its subsidiaries, provides container and drybulk vessels services in Australia, Asia, and Europe. The company offers seaborne transportation services by operating vessels in the containership and drybulk sectors of the shipping industry. As of April 03, 2024, it had a fleet of 68 containerships aggregating 421,293 twenty-foot equivalent units in capacity. The company was formerly known as Danaos Holdings Limited and changed its name to Danaos Corporation in October 2005. Danaos Corporation was founded in 1963 and is based in Piraeus, Greece.
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