Grindrod Shipping (GRIN) Competitors

$13.79
-0.05 (-0.36%)
(As of 05/10/2024 ET)

GRIN vs. EURN, ECO, DLNG, FLNG, CISS, OP, PSHG, CTRM, GLBS, and PXS

Should you be buying Grindrod Shipping stock or one of its competitors? The main competitors of Grindrod Shipping include Euronav (EURN), Okeanis Eco Tankers (ECO), Dynagas LNG Partners (DLNG), FLEX LNG (FLNG), C3is (CISS), OceanPal (OP), Performance Shipping (PSHG), Castor Maritime (CTRM), Globus Maritime (GLBS), and Pyxis Tankers (PXS). These companies are all part of the "transportation" sector.

Grindrod Shipping vs.

Grindrod Shipping (NASDAQ:GRIN) and Euronav (NYSE:EURN) are both transportation companies, but which is the better investment? We will contrast the two businesses based on the strength of their valuation, media sentiment, risk, earnings, analyst recommendations, dividends, community ranking, institutional ownership and profitability.

Euronav received 422 more outperform votes than Grindrod Shipping when rated by MarketBeat users. Likewise, 66.92% of users gave Euronav an outperform vote while only 62.50% of users gave Grindrod Shipping an outperform vote.

CompanyUnderperformOutperform
Grindrod ShippingOutperform Votes
25
62.50%
Underperform Votes
15
37.50%
EuronavOutperform Votes
447
66.92%
Underperform Votes
221
33.08%

Grindrod Shipping has a beta of 0.65, indicating that its stock price is 35% less volatile than the S&P 500. Comparatively, Euronav has a beta of 0.04, indicating that its stock price is 96% less volatile than the S&P 500.

In the previous week, Euronav had 9 more articles in the media than Grindrod Shipping. MarketBeat recorded 11 mentions for Euronav and 2 mentions for Grindrod Shipping. Grindrod Shipping's average media sentiment score of 0.96 beat Euronav's score of 0.28 indicating that Grindrod Shipping is being referred to more favorably in the media.

Company Overall Sentiment
Grindrod Shipping Positive
Euronav Neutral

Grindrod Shipping presently has a consensus price target of $12.50, indicating a potential downside of 9.35%. Euronav has a consensus price target of $19.18, indicating a potential downside of 1.66%. Given Euronav's higher probable upside, analysts clearly believe Euronav is more favorable than Grindrod Shipping.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Grindrod Shipping
0 Sell rating(s)
1 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
2.00
Euronav
0 Sell rating(s)
6 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
2.00

Grindrod Shipping pays an annual dividend of $0.03 per share and has a dividend yield of 0.2%. Euronav pays an annual dividend of $1.60 per share and has a dividend yield of 8.2%. Grindrod Shipping pays out -6.0% of its earnings in the form of a dividend. Euronav pays out 27.3% of its earnings in the form of a dividend. Both companies have healthy payout ratios and should be able to cover their dividend payments with earnings for the next several years.

Euronav has a net margin of 103.93% compared to Grindrod Shipping's net margin of -2.49%. Euronav's return on equity of 23.36% beat Grindrod Shipping's return on equity.

Company Net Margins Return on Equity Return on Assets
Grindrod Shipping-2.49% -2.89% -1.63%
Euronav 103.93%23.36%13.07%

Euronav has higher revenue and earnings than Grindrod Shipping. Grindrod Shipping is trading at a lower price-to-earnings ratio than Euronav, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Grindrod Shipping$387.10MN/A-$9.62M-$0.50-27.58
Euronav$1.24BN/A$858.03M$5.863.33

Summary

Euronav beats Grindrod Shipping on 12 of the 15 factors compared between the two stocks.

New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding GRIN and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
Skip Chart

Media Sentiment Over Time

This chart shows the average media sentiment of NASDAQ and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
Skip Chart

GRIN vs. The Competition

MetricGrindrod ShippingDeep sea foreign transportation of freight IndustryTransportation SectorNASDAQ Exchange
Market CapN/A$1.01B$10.63B$7.79B
Dividend Yield0.22%4.68%3.70%3.91%
P/E Ratio-27.5818.6521.1317.73
Price / SalesN/A1.9922.4575.94
Price / Cash1.415.2816.5735.71
Price / Book0.920.932.034.38
Net Income-$9.62M$90.46M$662.73M$217.54M
7 Day Performance-1.22%4.80%2.62%-0.14%
1 Month Performance1.32%6.17%1.97%-1.62%
1 Year Performance32.09%47.01%15.81%8.90%

Grindrod Shipping Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
EURN
Euronav
2.119 of 5 stars
$16.69
-0.4%
$19.18
+14.9%
+18.1%$0.00$1.24B3.913,216Dividend Increase
Analyst Forecast
Short Interest ↓
News Coverage
ECO
Okeanis Eco Tankers
3.3873 of 5 stars
$31.31
-0.6%
$38.00
+21.4%
N/A$0.00$413.10M0.00N/AUpcoming Earnings
Short Interest ↓
DLNG
Dynagas LNG Partners
1.0442 of 5 stars
$3.75
-2.3%
$4.00
+6.8%
+62.9%$0.00$148.88M5.672,020Short Interest ↑
Gap Up
FLNG
FLEX LNG
0.6472 of 5 stars
$26.01
-1.4%
$23.00
-11.6%
-13.1%$0.00$371.02M11.6610
CISS
C3is
0 of 5 stars
$1.34
flat
N/AN/A$496,000.00$28.74M0.00N/AShort Interest ↑
OP
OceanPal
0 of 5 stars
$2.42
-1.6%
N/A-46.3%$18.03M$18.96M-0.782,021Short Interest ↓
Positive News
PSHG
Performance Shipping
0.5352 of 5 stars
$2.15
+4.9%
N/A+187.6%$26.40M$108.94M1.13152
CTRM
Castor Maritime
0 of 5 stars
$3.13
-3.4%
N/A-44.6%$30.24M$97.52M1.251Short Interest ↑
GLBS
Globus Maritime
0 of 5 stars
$1.88
-1.1%
N/A+111.3%$38.69M$31.20M7.2324Analyst Forecast
News Coverage
Gap Down
PXS
Pyxis Tankers
0 of 5 stars
$4.54
-1.1%
N/A+21.8%$47.63M$45.47M1.53N/AShort Interest ↓
Positive News

Related Companies and Tools

This page (NASDAQ:GRIN) was last updated on 5/12/2024 by MarketBeat.com Staff

From Our Partners