Seacor Holdings, Inc. (NYSE:CKH) has 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 equities research analyst has rated the stock with a hold recommendation.
Brokerages have set a 12 month consensus price objective of $53.00 for the company and are forecasting that the company will post $0.44 earnings per share for the current quarter, according to Zacks. Zacks has also assigned Seacor an industry rank of 148 out of 256 based on the ratings given to related companies.
A number of research firms have issued reports on CKH. Zacks Investment Research upgraded shares of Seacor from a “hold” rating to a “buy” rating and set a $53.00 target price on the stock in a report on Wednesday, February 20th. TheStreet upgraded shares of Seacor from a “c+” rating to a “b-” rating in a report on Friday, May 3rd. Finally, ValuEngine lowered shares of Seacor from a “hold” rating to a “sell” rating in a report on Wednesday, May 1st.
Seacor stock traded down $1.52 during mid-day trading on Wednesday, reaching $42.25. 696 shares of the company’s stock were exchanged, compared to its average volume of 57,538. The firm has a market cap of $792.51 million, a PE ratio of 23.43 and a beta of 0.78. Seacor has a twelve month low of $34.63 and a twelve month high of $57.95. The company has a quick ratio of 2.42, a current ratio of 2.45 and a debt-to-equity ratio of 0.35.
Seacor (NYSE:CKH) last released its earnings results on Wednesday, April 24th. The oil and gas company reported $0.41 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.35 by $0.06. The company had revenue of $209.52 million for the quarter, compared to analyst estimates of $195.53 million. Seacor had a net margin of 7.58% and a return on equity of 3.84%. On average, equities research analysts anticipate that Seacor will post 1.89 earnings per share for the current fiscal year.
In other Seacor news, Vice Chairman Oivind Lorentzen sold 5,992 shares of the stock in a transaction that occurred on Friday, March 29th. The shares were sold at an average price of $42.51, for a total value of $254,719.92. Following the sale, the insider now directly owns 41,933 shares of the company’s stock, valued at approximately $1,782,571.83. The sale was disclosed in a legal filing with the SEC, which is available at the SEC website. Corporate insiders own 10.27% of the company’s stock.
Several large investors have recently made changes to their positions in the business. Quantamental Technologies LLC grew its position in shares of Seacor by 234.9% in the 1st quarter. Quantamental Technologies LLC now owns 998 shares of the oil and gas company’s stock valued at $42,000 after buying an additional 700 shares during the last quarter. Royal London Asset Management Ltd. purchased a new position in shares of Seacor in the 1st quarter valued at $65,000. Meeder Asset Management Inc. grew its position in shares of Seacor by 301.5% in the 1st quarter. Meeder Asset Management Inc. now owns 2,417 shares of the oil and gas company’s stock valued at $102,000 after buying an additional 1,815 shares during the last quarter. Flinton Capital Management LLC grew its position in shares of Seacor by 35.7% in the 4th quarter. Flinton Capital Management LLC now owns 4,256 shares of the oil and gas company’s stock valued at $158,000 after buying an additional 1,120 shares during the last quarter. Finally, BNP Paribas Arbitrage SA grew its position in shares of Seacor by 128.4% in the 1st quarter. BNP Paribas Arbitrage SA now owns 4,331 shares of the oil and gas company’s stock valued at $183,000 after buying an additional 2,435 shares during the last quarter. 91.35% of the stock is currently owned by institutional investors.
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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