Head to Head Comparison: Himalaya Shipping (NYSE:HSHP) versus Imperial Petroleum (NASDAQ:IMPP)

Institutional and Insider Ownership

22.3% of Himalaya Shipping shares are held by institutional investors. Comparatively, 94.4% of Imperial Petroleum shares are held by institutional investors. 1.5% of Imperial Petroleum shares are held by company insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a company will outperform the market over the long term.

Earnings and Valuation

This table compares Himalaya Shipping and Imperial Petroleum”s top-line revenue, earnings per share and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Himalaya Shipping	$123.58 million	N/A	$21.04 million	$0.14	55.64
Imperial Petroleum	$147.48 million	0.64	$50.16 million	$1.23	2.59

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

Profitability

This table compares Himalaya Shipping and Imperial Petroleum’s net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Himalaya Shipping	5.32%	4.03%	0.73%
Imperial Petroleum	32.37%	17.55%	10.81%

Volatility and Risk

Himalaya Shipping has a beta of 1.93, suggesting that its share price is 93% more volatile than the S&P 500. Comparatively, Imperial Petroleum has a beta of 1.13, suggesting that its share price is 13% more volatile than the S&P 500.

Summary

Imperial Petroleum beats Himalaya Shipping on 8 of the 10 factors compared between the two stocks.

About Himalaya Shipping

Himalaya Shipping Ltd. provides dry bulk shipping services worldwide. The company operates a fleet of vessels. It serves major commodity trading, commodity and energy transition, and multi-modal transport companies. Himalaya Shipping Ltd. was incorporated in 2021 and is based in Hamilton, Bermuda.

About Imperial Petroleum

Imperial Petroleum Inc. provides international seaborne transportation services to oil producers, refineries, and commodities traders. It carries refined petroleum products, such as gasoline, diesel, fuel oil, and jet fuel, as well as edible oils and chemicals, crude oils, iron ore, coal and grains, and minor bulks, such as bauxite, phosphate, and fertilizers. As of April 1, 2024, the company owned and operated a fleet of six medium range refined petroleum product tankers; one Aframax tanker; two suezmax tankers; and two handysize drybulk carriers with a total capacity of 791,000 deadweight tons. The company was incorporated in 2021 and is based in Athens, Greece.