Reviewing Castor Maritime (NASDAQ:CTRM) & Icon Energy (NASDAQ:ICON)

Icon Energy (NASDAQ:ICON) and Castor Maritime (NASDAQ:CTRM) are both small-cap industrials companies, but which is the better stock? We will contrast the two businesses based on the strength of their dividends, valuation, risk, earnings, profitability, institutional ownership and analyst recommendations.

Risk & Volatility

Icon Energy has a beta of 5.6, meaning that its stock price is 460% more volatile than the S&P 500. Comparatively, Castor Maritime has a beta of 1.22, meaning that its stock price is 22% more volatile than the S&P 500.

Valuation and Earnings

This table compares Icon Energy and Castor Maritime”s revenue, earnings per share (EPS) and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Icon Energy	$11.26 million	0.06	-$4.20 million	($24.60)	-0.04
Castor Maritime	$81.81 million	0.28	$19.27 million	$1.40	1.70

Castor Maritime has higher revenue and earnings than Icon Energy. Icon Energy is trading at a lower price-to-earnings ratio than Castor Maritime, indicating that it is currently the more affordable of the two stocks.

Profitability

This table compares Icon Energy and Castor Maritime’s net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Icon Energy	N/A	N/A	N/A
Castor Maritime	103.17%	3.34%	2.50%

Institutional and Insider Ownership

1.1% of Castor Maritime shares are owned by institutional investors. 4.7% of Icon Energy shares are owned by company insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a company will outperform the market over the long term.

Analyst Ratings

This is a summary of current ratings for Icon Energy and Castor Maritime, as reported by MarketBeat.com.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Icon Energy	0	0	0	0	0.00
Castor Maritime	1	0	0	0	1.00

Summary

Castor Maritime beats Icon Energy on 10 of the 12 factors compared between the two stocks.

About Icon Energy

Iconix Brand Group, Inc. is a brand management company. As of December 31, 2016, the Company owned a portfolio of over 30 global consumer brands across women’s, men’s, and home categories. The Company operates through segments: men’s, women’s, home and international. The Company’s brand portfolio includes brands, such as Candie’s, Bongo, Joe Boxer, Rampage, Mudd, London Fog, Mossimo, Ocean Pacific/OP, Danskin/Danskin Now, Rocawear/Roc Nation, Cannon, Royal Velvet, Fieldcrest, Charisma, Starter, Waverly, Ecko Unltd/Mark Ecko Cut & Sew, Zoo York, Umbro, Lee Cooper and Artful Dodger, and interests in Material Girl, Ed Hardy, Truth or Dare, Modern Amusement, Buffalo, Nick Graham Hydraulic and PONY brands. It operates in various geographic regions, including the United States, Japan and Other (which principally represent Latin America and Europe).

About Castor Maritime

Castor Maritime Inc. provides shipping services worldwide. The company operates through Dry Bulk Vessels and Containerships segments. It offers seaborne transportation services for dry bulk cargo; and commodities, such as iron ore, coal, soybeans, etc. As of December 31, 2023, the company owned and operated a fleet of 17 vessels primarily consisting of one Capesize, five Kamsarmax, two Handysize tanker vessels, and nine Panamax dry bulk vessels, as well as two 2,700 TEU containership vessels. Castor Maritime Inc. was incorporated in 2017 and is based in Limassol, Cyprus.