Analysts Offer Insights on Industrial Goods Companies: Performance Shipping (PSHG) and Sterling Construction (STRL)
Confident Investing Starts Here:
Performance Shipping (PSHG)
In a report issued on May 30, Tate Sullivan from Maxim Group reiterated a Buy rating on Performance Shipping, with a price target of $5.00. The company's shares closed last Tuesday at $1.60, close to its 52-week low of $1.48.
According to TipRanks.com, Sullivan 's ranking currently consits of 0 on a 0-5 ranking scale, with an average return of -9.9% and a 38.7% success rate. Sullivan covers the Industrial Goods sector, focusing on stocks such as United Maritime Corp., Seanergy Maritime, and BWX Technologies.
The the analyst consensus on Performance Shipping is currently a Hold rating.
William Blair analyst Louie DiPalma maintained a Buy rating on Sterling Construction today. The company's shares closed last Tuesday at $194.23, close to its 52-week high of $206.07.
According to TipRanks.com, DiPalma has 0 stars on 0-5 stars ranking scale with an average return of -11.7% and a 60.6% success rate. DiPalma covers the Technology sector, focusing on stocks such as Palantir Technologies, Science Applications, and BigBearai Holdings.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Sterling Construction with a $205.00 average price target.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
a day ago
- Yahoo
Performance Shipping Inc. Secures Time Charter Contract for M/T P. Aliki at US$30,000 Per Day
ATHENS, Greece, Aug. 18, 2025 (GLOBE NEWSWIRE) -- Performance Shipping Inc. (NASDAQ: PSHG) ('we' or the 'Company'), a global shipping company specializing in the ownership of tanker vessels, today announced that it has entered into a time charter contract with Pakistan National Shipping Corporation ('PNSC' or the 'Charterer') for its M/T P. Aliki, a 105,304 DWT LR2 Aframax tanker, built in 2010. Under the agreement, the vessel will be chartered for a period of 12 months, plus or minus 15 days at the Charterer's option, at a daily gross charter rate of US$30,000. The P. Aliki completed a six-month charter with Seariver Maritime LLC, a subsidiary of ExxonMobil Corporation, and is currently undergoing its third special survey and drydock. She will be delivered to the Charterer upon completion of the drydock, expected to be around mid-September 2025. This charter increases the Company's fleetwide secured revenue backlog by approximately US$10.5 million for the minimum duration of the charter, bringing the total to about US$250.5 million, based on the minimum duration of each charter and as of the end of the last financial reporting period. Commenting on this charter, Andreas Michalopoulos, the Company's Chief Executive Officer, stated: 'We are pleased to commence this new collaboration with Pakistan National Shipping Corporation, which highlights the diversity and global reach of our chartering relationships. The Company expects this time charter to generate earnings significantly above the vessel's free cash flow breakeven level and contribute meaningfully to our earnings over the contracted period. This aligns with our strategy of securing attractive employment for our vessels in a dynamic market environment to maintain revenue visibility. We look forward to building on this relationship while continuing to deliver value to our shareholders.' About the Company Performance Shipping Inc. is a global provider of shipping transportation services through its ownership of tanker vessels. The Company employs its fleet on spot voyages, through pool arrangements and on time charters. Cautionary Statement Regarding Forward-Looking Statements Matters discussed in this press release may constitute forward-looking statements. The Private Securities Litigation Reform Act of 1995 provides safe harbor protections for forward-looking statements in order to encourage companies to provide prospective information about their business. Forward-looking statements include, but are not limited to, statements concerning plans, objectives, goals, strategies, future events or performance, and underlying assumptions and other statements, which are other than statements of historical facts. The words 'believe,' 'anticipate,' 'intends,' 'estimate,' 'forecast,' 'project,' 'plan,' 'potential,' 'will," 'may,' 'should,' 'expect,' 'targets,' 'likely,' 'would,' 'could,' 'seeks,' 'continue,' 'possible,' 'might,' 'pending' and similar expressions, terms or phrases may identify forward-looking statements. The forward-looking statements in this press release are based upon various assumptions, many of which are based, in turn, upon further assumptions, including, without limitation, our management's examination of historical operating trends, data contained in our records and other data available from third parties. Although we believe that these assumptions were reasonable when made, because these assumptions are inherently subject to significant uncertainties and contingencies which are difficult or impossible to predict and are beyond our control, we cannot assure you that we will achieve or accomplish these expectations, beliefs, or projections. In addition to these important factors, other important factors that, in our view, could cause actual results to differ materially from those discussed in the forward-looking statements include, but are not limited to: the strength of world economies, fluctuations in currencies and interest rates, general market conditions, including fluctuations in charter rates and vessel values, changes in demand in the tanker shipping industry, changes in the supply of vessels, changes in worldwide oil production and consumption and storage, changes in our operating expenses, including bunker prices, crew costs, drydocking and insurance costs, our future operating or financial results, availability of financing and refinancing including with respect to vessels we agree to acquire, changes in governmental rules and regulations or actions taken by regulatory authorities, potential liability from pending or future litigation, general domestic and international political conditions, the length and severity of epidemics and pandemics, including COVID-19, and their impact on the demand for seaborne transportation of petroleum and other types of products, general domestic and international political conditions or events, including 'trade wars', armed conflicts including the war in Ukraine and the war between Israel and Hamas, the imposition of new international sanctions, acts by terrorists or acts of piracy on ocean-going vessels, potential disruption of shipping routes due to accidents, labor disputes or political events, vessel breakdowns and instances of off-hires and other important factors. Please see our filings with the US Securities and Exchange Commission for a more complete discussion of these and other risks and uncertainties. CONTACT: Corporate Contact: Andreas Michalopoulos Chief Executive Officer, Director and Secretary Telephone: +30-216-600-2400 Email: amichalopoulos@ Website: Investor and Media Relations: Edward Nebb Comm-Counsellors, LLC Telephone: +1-203-972-8350 Email: enebb@
Business Insider
2 days ago
- Business Insider
Analysts' Opinions Are Mixed on These Technology Stocks: Circle Internet Group, Inc. Class A (CRCL) and u-blox Holding AG (OtherUBLXF)
Companies in the Technology sector have received a lot of coverage today as analysts weigh in on Circle Internet Group, Inc. Class A (CRCL – Research Report) and u-blox Holding AG (UBLXF – Research Report). Elevate Your Investing Strategy: Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. Circle Internet Group, Inc. Class A (CRCL) Seaport Global analyst Jeff Cantwell reiterated a Buy rating on Circle Internet Group, Inc. Class A today and set a price target of $280.00. The company's shares closed last Friday at $149.26. According to Cantwell is a 5-star analyst with an average return of 11.7% and a 57.5% success rate. Cantwell covers the Technology sector, focusing on stocks such as ACI Worldwide, Fiserv, and Dave. The word on The Street in general, suggests a Hold analyst consensus rating for Circle Internet Group, Inc. Class A with a $174.64 average price target, implying a 23.7% upside from current levels. In a report issued on August 4, Bernstein also maintained a Buy rating on the stock with a $230.00 price target. u-blox Holding AG (UBLXF) Kepler Capital analyst Torsten Sauter maintained a Hold rating on u-blox Holding AG on August 15 and set a price target of CHF105.00. The company's shares closed last Friday at $170.79. According to Sauter is ranked #1974 out of 9981 analysts. The word on The Street in general, suggests a Hold analyst consensus rating for u-blox Holding AG with a $148.36 average price target, representing a -13.1% downside. In a report issued on August 7, UBS also maintained a Hold rating on the stock with a CHF105.00 price target.
Business Insider
6 days ago
- Business Insider
Analysts Offer Insights on Financial Companies: ASX (OtherASXFF) and Toronto Dominion Bank (TD)
Companies in the Financial sector have received a lot of coverage today as analysts weigh in on ASX (ASXFF – Research Report) and Toronto Dominion Bank (TD – Research Report). Elevate Your Investing Strategy: Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. ASX (ASXFF) In a report released today, Nigel Pittaway from Citi maintained a Hold rating on ASX, with a price target of A$71.60. The company's shares closed last Thursday at $46.39. According to Pittaway is a 3-star analyst with an average return of 3.6% and a 55.9% success rate. Pittaway covers the Financial sector, focusing on stocks such as Insurance Australia Group Limited, QBE Insurance Group Limited, and Computershare Limited. Currently, the analyst consensus on ASX is a Hold with an average price target of $44.82, a -3.4% downside from current levels. In a report issued on August 8, J.P. Morgan also maintained a Hold rating on the stock with a A$67.50 price target. Jefferies analyst John Aiken maintained a Buy rating on Toronto Dominion Bank yesterday and set a price target of C$117.00. The company's shares closed last Wednesday at $74.48. According to Aiken is a 2-star analyst with an average return of 0.4% and a 51.5% success rate. Aiken covers the Financial sector, focusing on stocks such as Canadian Bank of Commerce, National Bank of Canada, and Royal Bank Of Canada. Toronto Dominion Bank has an analyst consensus of Moderate Buy, with a price target consensus of $73.71, implying a -0.2% downside from current levels. In a report issued on August 12, Desjardins also upgraded the stock to Buy with a C$107.00 price target.
