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Top Ships Inc. (TOPS)
XASE:TOPS
TOPS Stock Chart & Stats
$5.48
-$0.21(-2.98%)
At close: 4:00 PM EST
$5.48
-$0.21(-2.98%)
Day’s Range― - ―
52-Week Range$3.99 - $11.47
Previous CloseN/A
Volume7.75K
Average Volume (3M)7.55K
Market Cap
$22.16M
Enterprise Value$266.31M
Total Cash (Recent Filing)$35.96M
Total Debt (Recent Filing)$255.84M
Price to Earnings (P/E)2.1
Beta0.85
Next EarningsN/A
EPS EstimateN/A
Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)N/A
Shares Outstanding4,626,197
10 Day Avg. Volume8,016
30 Day Avg. Volume7,548
Financial Highlights & Ratios
PEG Ratio-0.05
Price to Book (P/B)0.19
Price to Sales (P/S)0.32
P/FCF Ratio1.61
Enterprise Value/Market Cap12.02
Enterprise Value/Revenue3.21
Enterprise Value/Gross Profit5.50
Enterprise Value/Ebitda6.34
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Bulls Say, Bears Say
Bulls Say
Eco-friendly FleetTop Ships’ modern eco-friendly tankers are a durable competitive asset as environmental regulations tighten and charterers prefer lower-emission tonnage. This supports long-term charter demand, access to premium contracts, and potentially lower regulatory compliance costs versus older fleets.
Long-term Charter VisibilityThe five-year amended time charter at a materially higher daily rate provides multi-year revenue visibility for that Suezmax, reducing spot volatility exposure. Approval by an independent committee and a fairness opinion also preserves governance credibility around a related-party arrangement.
Fleet Refinancing LiquidityThe completed sale-and-leaseback raised meaningful cash and maintained conservative fleet leverage, improving liquidity and financial flexibility. This strengthens capacity to fund operations, pursue selective capex or repay maturities without selling core assets, a durable balance-sheet improvement.
Bears Say
High LeverageA debt-to-equity ratio of 1.74 signals significant leverage that raises refinancing, interest-rate and covenant risk for a shipping company exposed to cyclical freight markets. High leverage limits strategic optionality and increases the probability that downturns will force asset sales or restructuring.
Compressed Net MarginsThe decline to a 5.85% net margin shows margin compression despite strong gross and EBITDA margins. Lower net returns reduce retained earnings available for reinvestment or debt paydown, weakening long-term return on equity and constraining the company’s ability to self-finance fleet renewal.
Weakening Operating Cash FlowA significant drop in operating cash flow is a structural concern: it undermines free cash flow resilience, tightens liquidity for capex and debt service, and raises reliance on external financing. Even with a strong OCF/net income ratio, a downward trend reduces financial cushion over cycles.
Top Ships News
TOPS FAQ
What was Top Ships Inc.’s price range in the past 12 months?
Top Ships Inc. lowest stock price was $3.99 and its highest was $11.47 in the past 12 months.
What is Top Ships Inc.’s market cap?
Top Ships Inc.’s market cap is $22.16M.
When is Top Ships Inc.’s upcoming earnings report date?
The company’s upcoming earnings report date is not yet available.
How were Top Ships Inc.’s earnings last quarter?
Currently, no data Available
Is Top Ships Inc. overvalued?
According to Wall Street analysts Top Ships Inc.’s price is currently Overvalued.
Does Top Ships Inc. pay dividends?
Top Ships Inc. does not currently pay dividends.
What is Top Ships Inc.’s EPS estimate?
Top Ships Inc.’s EPS estimate for its next earnings report is not yet available.
How many shares outstanding does Top Ships Inc. have?
Top Ships Inc. has 4,626,197 shares outstanding.
What happened to Top Ships Inc.’s price movement after its last earnings report?
Currently, no data Available
Which hedge fund is a major shareholder of Top Ships Inc.?
Currently, no hedge funds are holding shares in TOPS
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Company Description
Top Ships Inc.
Top Ships Inc. owns and operates tanker vessels worldwide. The company's medium range tanker vessels transport crude oil, petroleum products, and bulk liquid chemicals. As of December 31, 2020, it had a fleet with a total capacity of 1,435,000 deadweight tonnes (dwt) consisting of one 50,000 dwt product/chemical tanker, five 157,000 dwt Suezmax tankers, two 300,000 dwt very large crude carriers, and two 50,000 dwt product tankers. The company was formerly known as Top Tankers Inc. and changed its name to Top Ships Inc. in December 2007. Top Ships Inc. was incorporated in 2000 and is based in Maroussi, Greece.
Technical Analysis
Ownership Overview
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Insiders
0.17% Mutual Funds
0.02% Other Institutional Investors
99.62% Public Companies and
Individual Investors
Options Prices
Currently, No data available
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