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$2.86 - $11.47
Previous CloseN/A
Volume7.75K
Average Volume (3M)7.55K
Market Cap
$13.69M
Enterprise Value$198.25M
Total Cash (Recent Filing)$20.37M
Total Debt (Recent Filing)$204.79M
Price to Earnings (P/E)6.8
Beta0.87
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-0.18
Price to Book (P/B)0.23
Price to Sales (P/S)0.26
P/FCF Ratio1.22
Enterprise Value/Market Cap14.48
Enterprise Value/Revenue2.47
Enterprise Value/Gross Profit4.20
Enterprise Value/Ebitda4.11
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 GenerationRecent improvement in operating cash flow and sustained positive free cash flow supports the company’s ability to service debt, fund vessel maintenance/deliveries and seize strategic opportunities. This cash-generation trend increases financial flexibility over the medium term despite prior volatility.
Long-term Charter Coverage / Earnings VisibilityExtended time-charter contracts stretching into 2028–2031 provide durable revenue visibility and reduce exposure to spot freight swings. That structural charter coverage supports predictable cash flows, planning for capex and financing, and underpins stable utilization for several years.
Fleet Growth And Contracted Backlog ExpansionThe planned acquisition of nine eco‑MR newbuilds and associated long-term charters materially expands contracted revenue backlog and modernizes the fleet. Delivered across 2028–2029, these additions should scale earnings base and strengthen competitive positioning in eco‑tankers.
Bears Say
High Leverage And Reduced Equity CushionA high debt load versus a shrinking equity base constrains financial flexibility, raises refinancing and covenant risk, and limits the company’s capacity to absorb market shocks. Elevated leverage could force prioritization of debt service over growth investments in adverse cycles.
Volatile Earnings And Recent Net Income DeclineMaterial swings in net income and a rollover to slightly negative revenue in 2025 highlight earnings unpredictability. Persistent volatility undermines reinvestment planning, raises the risk premium on new financing and complicates the assessment of sustainable profitability.
Dilution And Related‑party Governance / Financing RiskThe related‑party acquisition structure, potential issuance of convertible preferred shares and broad equity issuance rights pose dilution and governance risks. Over time, conversion or additional share issuance can erode existing equity value and investor returns, and corporate guarantees tied to financings add contingent liabilities.
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 $2.86 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 $13.69M.
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
99.61% Public Companies and
Individual Investors
Options Prices
Currently, No data available
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