Scorpio Bulkers (SALT) versus The Competition Head-To-Head Analysis
Scorpio Bulkers (NYSE: SALT) is one of 25 public companies in the “Deep Sea Freight” industry, but how does it contrast to its peers? We will compare Scorpio Bulkers to similar companies based on the strength of its valuation, earnings, risk, dividends, institutional ownership, analyst recommendations and profitability.
Institutional and Insider Ownership
44.0% of Scorpio Bulkers shares are owned by institutional investors. Comparatively, 66.3% of shares of all “Deep Sea Freight” companies are owned by institutional investors. 2.9% of shares of all “Deep Sea Freight” companies are owned by company insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a stock will outperform the market over the long term.
Volatility & Risk
Scorpio Bulkers has a beta of 3.61, meaning that its share price is 261% more volatile than the S&P 500. Comparatively, Scorpio Bulkers’ peers have a beta of 2.04, meaning that their average share price is 104% more volatile than the S&P 500.
Valuation & Earnings
This table compares Scorpio Bulkers and its peers gross revenue, earnings per share (EPS) and valuation.
|Gross Revenue||EBITDA||Price/Earnings Ratio|
|Scorpio Bulkers||$123.25 million||$610,000.00||-5.79|
|Scorpio Bulkers Competitors||$229.07 million||$92.01 million||-2.74|
Scorpio Bulkers’ peers have higher revenue and earnings than Scorpio Bulkers. Scorpio Bulkers is trading at a lower price-to-earnings ratio than its peers, indicating that it is currently more affordable than other companies in its industry.
This table compares Scorpio Bulkers and its peers’ net margins, return on equity and return on assets.
|Net Margins||Return on Equity||Return on Assets|
|Scorpio Bulkers Competitors||-97.12%||-16.36%||-5.76%|
This is a breakdown of current recommendations and price targets for Scorpio Bulkers and its peers, as reported by MarketBeat.com.
|Sell Ratings||Hold Ratings||Buy Ratings||Strong Buy Ratings||Rating Score|
|Scorpio Bulkers Competitors||140||456||585||5||2.38|
Scorpio Bulkers currently has a consensus price target of $9.54, indicating a potential upside of 30.71%. As a group, “Deep Sea Freight” companies have a potential upside of 34.62%. Given Scorpio Bulkers’ peers higher probable upside, analysts plainly believe Scorpio Bulkers has less favorable growth aspects than its peers.
Scorpio Bulkers Company Profile
Scorpio Bulkers Inc. is a shipping company. The Company owns and operates newbuilding drybulk carriers with fuel-efficient specifications and carrying capacities of greater than 30,000 deadweight tons (dwt). The Company operates through two segments: Kamsarmax and Ultramax. Its Kamsarmax segment includes vessels ranging from approximately 77,500 DWT to 98,700 DWT. Its Ultramax segment includes vessels ranging from approximately 60,200 DWT to 64,000 DWT. All of its owned vessels have carrying capacities of greater than 60,000 dwt. Its vessels transport a range of bulk commodities, including ores, coal, grains and fertilizers, along shipping routes, and are employed primarily in the spot market or in spot market-oriented pools of similarly sized vessels. As of December 31, 2016, its operating fleet of 48 vessels consisted of 47 drybulk vessels and one chartered-in drybulk vessel. It also has a contract for the construction of one newbuilding drybulk vessel.
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