Latest news with #PSHG
Business Insider
5 days ago
- Business
- Business Insider
Analysts Offer Insights on Industrial Goods Companies: Performance Shipping (PSHG) and Sterling Construction (STRL)
There's a lot to be optimistic about in the Industrial Goods sector as 2 analysts just weighed in on Performance Shipping (PSHG – Research Report) and Sterling Construction (STRL – Research Report) with bullish sentiments. 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 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 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.
Eater
22-05-2025
- Business
- Eater
Capitol Hill's Mercado Luna Space Is Getting Revived With a Rooftop Bar
It's rooftop season! As we noted last week, the Populus Hotel in Pioneer Square opened today, May 22, with a new rooftop bar called Firn. Capitol Hill has a new rooftop bar too: Called Cantina del Sol, it's a bright, semi-covered space that sits atop the building on Pine and Summit that used to be Mercado Luna. If you went out in Capitol Hill you probably know the building — it had a big 'TACOS FOR THE PEOPLE' sign facing the street and housed a rooftop bar as well as a takeout window, a wine shop, and the long-running restaurant Mezcaleria Oaxaca. It closed down in 2024 and the space was snapped up by Travis Rosenthal's Pike Street Hospitality Group (PSHG), which owns several bars and restaurants, including the Capitol Hill sandwich shop HoneyHole. A representative for PSHG says that the building will have four 'distinct food and drink spaces,' the first of which is Cantina del Sol. The new bar has a bright color palette. Tacos are served out of a pink 1960s camp trailer, and the drinks include a pink prickly pear margarita and a bright green lime margarita. (The tacos, by the way, are going to feature the same handmade tortillas as Aqua Verde Cafe, another PSHG restaurant.) It will be open from 5 p.m. to 11 p.m. on weekdays (and until midnight Friday night), and from 11 a.m. on weekends, when it will serve a menu of brunchy items including chilaquiles. Cantina del Sol is open now, and the three other concepts that will fill up the building will be announced later. Now onto more news you should know: Rumba notches Spirited Awards 2025 nom Speaking of Pike Street Hospitality Group, its rum-focused bar Rumba just got recognized by booze-focused nonprofit Tales of the Cocktail. TotC just came out with its nominees for its Spirted Awards, and Rumba scored one for Worlds Best Spirits Selection; it's one of only two bars on the West Coast to get a nomination. Dick's is arriving in Everett next month Dick's, the famed old-school drive-in burger chain, is in the process of opening its 10th location, in Everett, and now we have a opening date: June 12. 'The hoopla surrounding every Dick's grand opening has become a cultural phenomenon,' the Seattle Times writes, 'with teens lining up and die-hards sleeping in their cars to be among the first to queue for the beloved local chain's burgers and shakes.' Sheesh, calm down everyone. The new Dick's will be at 1629 Center Road, near Paine Field. Ballard's new H Mart is almost here Speaking of beloved chains, Asian supermarket H Mart is opening its latest Seattle location in Ballard on June 5, reports the Times . This will occupy the space at 951 Ballard Way that was a grocery store called New Seasons and was going to be an Amazon Go store until that didn't happen. Unlike some other Seattle H Marts, this will be a big (25,000 square feet) store with not just groceries but a deli, beauty section, and an Artbox, which will sell stationary and gifts. Sign up for our newsletter.
Yahoo
08-04-2025
- Business
- Yahoo
Performance Shipping enters potential forward sale agreement for M/T P. Sophia
Performance Shipping (PSHG) announced that, through a separate wholly-owned subsidiary, it has entered into a forward sale and exclusivity agreement with an unaffiliated third party. This agreement grants the Buyer exclusive rights to submit a bid for the conversion of the Company's Aframax tanker, M/T P. Sophia, in an auction for the provision of a Floating Production Storage and Offloading vessel for charter to a national oil company. If the Buyer is awarded the Offshore Project by the expiration of the auction on April 5, 2026, the Buyer will purchase the Company's oldest vessel, the 2009-built M/T P. Sophia, for delivery within a maximum of 120 days for a gross sale price for a gross sale price of $36,050,000. Additionally, if the vessel is delivered to the Buyer on or before September 30, 2025, the gross sale price will be increased by $1,000,000. During the exclusivity period, the Company may freely operate the vessel but is restricted from selling it to any other party until the conclusion of the Offshore Project auction in April 2026. Discover outperforming stocks and invest smarter with Top Smart Score Stocks. Filter, analyze, and streamline your search for investment opportunities using Tipranks' Stock Screener. Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>> See the top stocks recommended by analysts >> Read More on PSHG: Disclaimer & DisclosureReport an Issue Performance Shipping Inc. Sells Aframax Vessel for $39 Million Performance Shipping announces sale of M/T P. Yanbu for $39M Performance Shipping secures sale, leaseback agreement for Aframax tanker Performance Shipping Inc. Reports Decreased Q4 2024 Earnings Amid Market Challenges Performance Shipping reports Q4 EPS 74c vs. 25c last year Sign in to access your portfolio
