Reviewing Seanergy Maritime (NASDAQ:SHIP) and Golden Ocean Group (OTCMKTS:GDOCF)

Golden Ocean Group (OTCMKTS:GDOCF) and Seanergy Maritime (NASDAQ:SHIP) are both industrials companies, but which is the better stock? We will contrast the two businesses based on the strength of their valuation, dividends, earnings, risk, profitability, analyst recommendations and institutional ownership.

Institutional & Insider Ownership

29.4% of Seanergy Maritime shares are held by institutional investors. 4.7% of Seanergy Maritime shares are held by company insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a company is poised for long-term growth.

Earnings and Valuation

This table compares Golden Ocean Group and Seanergy Maritime”s revenue, earnings per share and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Golden Ocean Group	N/A	N/A	N/A	N/A	N/A
Seanergy Maritime	$176.75 million	1.90	$21.24 million	$2.86	5.62

Seanergy Maritime has higher revenue and earnings than Golden Ocean Group.

Analyst Recommendations

This is a breakdown of recent ratings and recommmendations for Golden Ocean Group and Seanergy Maritime, as provided by MarketBeat.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Golden Ocean Group	0	0	0	0	0.00
Seanergy Maritime	0	2	2	0	2.50

Seanergy Maritime has a consensus price target of $25.00, indicating a potential upside of 55.47%. Given Seanergy Maritime’s stronger consensus rating and higher possible upside, analysts clearly believe Seanergy Maritime is more favorable than Golden Ocean Group.

Profitability

This table compares Golden Ocean Group and Seanergy Maritime’s net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Golden Ocean Group	N/A	N/A	N/A
Seanergy Maritime	30.68%	21.87%	10.20%

Summary

Seanergy Maritime beats Golden Ocean Group on 9 of the 9 factors compared between the two stocks.

About Golden Ocean Group

Golden Ocean Group Limited, formerly Knightsbridge Shipping Limited, is an international dry bulk shipping company. The Company is engaged in the transportation of dry bulk cargoes. It owns and operates a fleet of dry bulk carrier vessels, focusing on the Capesize, Panamax and Supramax markets. Its vessels transport a range of major and minor bulk commodities, including ores, coal, grains and fertilizers. Its fleet includes owned vessels, bareboat vessels, chartered vessels, commercial management vessels and newbuildings. It owns over 40 dry bulk carriers and has contracts for approximately 20 newbuildings. It also has over 10 vessels chartered-in (of which over eight are chartered in from Ship Finance and approximately five are chartered in from third parties) and over one vessel is chartered-in through a joint venture. Over six of the vessels are chartered-out on fixed rate time charters and remaining are operated in the spot market or fixed on index-linked time charter contracts.

About Seanergy Maritime

Seanergy Maritime Holdings Corp., a shipping company, provides seaborne transportation of dry bulk commodities worldwide. It operates a fleet of 16 Capesize dry bulk vessels and one Newcastlemax dry bulk vessel with a cargo-carrying capacity of approximately 3,054,820 dwt. The company was formerly known as Seanergy Merger Corp. and changed its name to Seanergy Maritime Holdings Corp. in July 2008. Seanergy Maritime Holdings Corp. was incorporated in 2008 and is based in Glyfada, Greece.