Top Ships Inc. (TOPS)
XASE:TOPS
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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$0.89 - $11.47
Previous CloseN/A
Volume7.75K
Average Volume (3M)7.55K
Market Cap
$7.46M
Enterprise Value$189.04M
Total Cash (Recent Filing)$20.37M
Total Debt (Recent Filing)$204.79M
Price to Earnings (P/E)―
Beta0.89
Next EarningsN/A
EPS EstimateN/A
Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)N/A
Shares Outstanding7,467,223
10 Day Avg. Volume8,016
30 Day Avg. Volume7,548
Financial Highlights & Ratios
PEG Ratio-0.18
Price to Book (P/B)0.23
Price to Sales (P/S)0.26
P/FCF Ratio1.22
Enterprise Value/Market Cap25.34
Enterprise Value/Revenue2.35
Enterprise Value/Gross Profit4.00
Enterprise Value/Ebitda3.92
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
Improved Cash GenerationTOP Ships has recently generated materially positive operating cash flow and consecutive positive free cash flow, providing durable internal funding for working capital, capex and debt service. Sustained cash generation increases flexibility to fund vessel deliveries and absorb cyclical freight volatility despite historical cash flow swings.
Long-term Charter CoverageA significant portion of the fleet is contracted on multi‑year time charters, delivering predictable charter hire and reducing exposure to spot market swings. This multi‑year coverage underpins revenue visibility and cash flow stability over the medium term, supporting debt servicing and planning for fleet renewal or expansion.
Growth With Structured FinancingThe planned nine‑vessel acquisition uses lease financing covering most pre‑delivery costs and includes long time‑charters, allowing fleet modernization and scale-up with limited upfront cash. Structurally, financed growth linked to charters can lift backlog and earnings base while managing immediate balance sheet strain.
Bears Say
High LeverageLeverage remains elevated relative to equity, reducing the company’s financial cushion and increasing refinancing and interest rate sensitivity. High debt loads constrain strategic flexibility, raise the likelihood of covenant pressure in downturns, and limit the firm’s ability to pursue opportunistic investments without new funding.
Earnings VolatilityReported net income has swung significantly over recent years, and revenue softened in 2025, indicating operating leverage to market cycles. Persistent earnings volatility undermines forecasting, raises the cost of capital, and makes sustained reinvestment or dividend policy planning difficult for management and long‑term investors.
Dilution And Related‑party RisksThe related‑party acquisition structure and the potential issuance of convertible preferreds, warrants and authorized share issuances create meaningful dilution risk. Repeated equity issuances to fund growth or convertibles converting into common shares can erode ownership, complicate governance and weaken long‑term shareholder value.
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 $0.89 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 $7.46M.
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 7,467,223 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
0.10% Mutual Funds
0.01% Other Institutional Investors
99.69% Public Companies and
Individual Investors
Options Prices
Currently, No data available
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