Tsakos Energy Navigation (NYSE:TEN – Get Free Report) and Performance Shipping (NASDAQ:PSHG – Get Free Report) are both small-cap transportation companies, but which is the better business? We will compare the two businesses based on the strength of their risk, analyst recommendations, dividends, institutional ownership, profitability, valuation and earnings.
Analyst Ratings
This is a breakdown of recent recommendations and price targets for Tsakos Energy Navigation and Performance Shipping, as reported by MarketBeat.
| Sell Ratings | Hold Ratings | Buy Ratings | Strong Buy Ratings | Rating Score | |
| Tsakos Energy Navigation | 0 | 3 | 1 | 0 | 2.25 |
| Performance Shipping | 0 | 1 | 0 | 0 | 2.00 |
Tsakos Energy Navigation presently has a consensus price target of $31.00, suggesting a potential upside of 33.21%. Given Tsakos Energy Navigation’s stronger consensus rating and higher probable upside, analysts clearly believe Tsakos Energy Navigation is more favorable than Performance Shipping.
Valuation & Earnings
| Gross Revenue | Price/Sales Ratio | Net Income | Earnings Per Share | Price/Earnings Ratio | |
| Tsakos Energy Navigation | $778.78 million | 0.90 | $176.23 million | $2.80 | 8.31 |
| Performance Shipping | $87.44 million | 0.29 | $43.73 million | $1.56 | 1.30 |
Tsakos Energy Navigation has higher revenue and earnings than Performance Shipping. Performance Shipping is trading at a lower price-to-earnings ratio than Tsakos Energy Navigation, indicating that it is currently the more affordable of the two stocks.
Profitability
This table compares Tsakos Energy Navigation and Performance Shipping’s net margins, return on equity and return on assets.
| Net Margins | Return on Equity | Return on Assets | |
| Tsakos Energy Navigation | 14.17% | 12.03% | 5.69% |
| Performance Shipping | 72.12% | 20.92% | 17.65% |
Insider and Institutional Ownership
19.2% of Tsakos Energy Navigation shares are held by institutional investors. Comparatively, 19.9% of Performance Shipping shares are held by institutional investors. 1.4% of Tsakos Energy Navigation shares are held by company insiders. Comparatively, 0.4% of Performance Shipping shares are held by company insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a company will outperform the market over the long term.
Risk & Volatility
Tsakos Energy Navigation has a beta of -0.13, indicating that its share price is 113% less volatile than the S&P 500. Comparatively, Performance Shipping has a beta of -0.32, indicating that its share price is 132% less volatile than the S&P 500.
Summary
Tsakos Energy Navigation beats Performance Shipping on 10 of the 14 factors compared between the two stocks.
About Tsakos Energy Navigation
Tsakos Energy Navigation Ltd. engages in the provision of seaborne crude oil and petroleum product transportation services. Its activities include the operation of crude tankers, product tankers, and liquefied natural gas carriers. The company was founded by Nikolas P. Tsakos and Michael Gordon Jolliffee in July 1993 and is headquartered in Athens, Greece.
About Performance Shipping
Performance Shipping Inc. provides shipping transportation services through its tanker vessels worldwide. As of December 31, 2023, its fleet consisted of seven Aframax tanker vessels with a combined carrying capacity of 735,910 DWT. The company was incorporated in 2010 and is based in Athens, Greece.
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