Shares of Seacor Holdings, Inc. (NYSE:CKH) have been assigned a consensus broker rating score of 3.00 (Hold) from the one analysts that provide coverage for the stock, Zacks Investment Research reports. One analyst has rated the stock with a hold recommendation.
Brokerages have set a 1 year consensus price objective of $53.00 for the company and are predicting that the company will post $0.35 EPS for the current quarter, according to Zacks. Zacks has also given Seacor an industry rank of 91 out of 255 based on the ratings given to related companies.
A number of analysts recently weighed in on CKH shares. Zacks Investment Research downgraded Seacor from a “strong-buy” rating to a “hold” rating in a research report on Monday, December 31st. ValuEngine upgraded Seacor from a “sell” rating to a “hold” rating in a research report on Friday, February 8th.
Shares of CKH traded down $0.35 during trading hours on Friday, reaching $42.80. 45,675 shares of the company’s stock traded hands, compared to its average volume of 72,086. The company has a market cap of $791.58 million, a PE ratio of 23.65 and a beta of 0.76. The company has a current ratio of 3.22, a quick ratio of 3.18 and a debt-to-equity ratio of 0.41. Seacor has a 12 month low of $34.63 and a 12 month high of $59.00.
Seacor (NYSE:CKH) last issued its quarterly earnings results on Wednesday, February 27th. The oil and gas company reported $0.18 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.54 by ($0.36). The business had revenue of $213.84 million for the quarter, compared to the consensus estimate of $215.17 million. Seacor had a net margin of 6.96% and a return on equity of 3.02%. As a group, analysts predict that Seacor will post 1.84 earnings per share for the current year.
In related news, Vice Chairman Oivind Lorentzen sold 5,992 shares of the business’s stock in a transaction that occurred on Friday, March 29th. The stock was sold at an average price of $42.51, for a total value of $254,719.92. Following the completion of the sale, the insider now owns 41,933 shares in the company, valued at approximately $1,782,571.83. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Insiders own 10.27% of the company’s stock.
A number of large investors have recently added to or reduced their stakes in the stock. American Century Companies Inc. lifted its position in Seacor by 1.2% in the 4th quarter. American Century Companies Inc. now owns 133,715 shares of the oil and gas company’s stock worth $4,947,000 after buying an additional 1,619 shares during the last quarter. Geode Capital Management LLC lifted its position in Seacor by 5.2% in the 4th quarter. Geode Capital Management LLC now owns 201,802 shares of the oil and gas company’s stock worth $7,466,000 after buying an additional 10,030 shares during the last quarter. Norges Bank bought a new stake in Seacor in the 4th quarter worth approximately $8,295,000. Thrivent Financial for Lutherans lifted its position in Seacor by 2.2% in the 4th quarter. Thrivent Financial for Lutherans now owns 12,183 shares of the oil and gas company’s stock worth $451,000 after buying an additional 267 shares during the last quarter. Finally, Municipal Employees Retirement System of Michigan bought a new stake in Seacor in the 4th quarter worth approximately $883,000. Institutional investors own 92.96% of the company’s stock.
Seacor Company Profile
SEACOR Holdings Inc engages in transportation and logistics, risk management consultancy, and other businesses in the United States and internationally. The company operates through Ocean Transportation & Logistics Services, Inland Transportation & Logistics Services, Witt O'Brien's, and Other segments.
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