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$2.11 - $11.47
Previous CloseN/A
Volume7.75K
Average Volume (3M)7.55K
Market Cap
$10.27M
Enterprise Value$194.55M
Total Cash (Recent Filing)$20.37M
Total Debt (Recent Filing)$204.79M
Price to Earnings (P/E)6.8
Beta0.88
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 Cap18.94
Enterprise Value/Revenue2.42
Enterprise Value/Gross Profit4.12
Enterprise Value/Ebitda4.03
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
Long-term Charter CoverageMulti-year time charters that largely run through 2028–2031 provide durable revenue visibility and reduce exposure to volatile spot rates. This stable charter backlog supports predictable cash flow for debt servicing, working capital, and planned fleet investments over the medium term.
Improving Cash GenerationRecent improvement in operating cash flow and consecutive positive free cash flow indicate the fleet is generating sustainable internal liquidity. That cash can fund maintenance, reduce leverage, and support newbuild commitments without sole reliance on external financing, strengthening operational resilience.
Enhanced Funding OptionalityA 36‑month equity facility with B. Riley expands financing flexibility, enabling the company to tap capital opportunistically to reduce debt, fund pre-delivery installments, or support growth. The optional, staged structure lessens immediate dilution while preserving strategic funding capacity.
Bears Say
High Leverage And Weak Equity BaseSubstantial debt relative to a shrunken equity base leaves limited balance-sheet cushion against rate shocks or earnings setbacks. Elevated leverage raises refinancing and covenant risks, constrains strategic options, and makes the company more sensitive to cash-flow volatility and asset valuation swings.
Volatile Earnings And Softer RevenueMarked swings in net income and recent revenue decline reflect cyclical demand and margin pressure in tanker markets. Persistent earnings volatility undermines reinvestment planning and free cash flow predictability, complicating debt servicing and long-term capital allocation decisions.
Related-party Acquisition And Dilution RiskThe related‑party vessel acquisition and convertible preferred structure create governance and dilution risk: potential equity conversion, outstanding warrants, and ability to issue shares without approval could erode existing holders, weaken voting power, and complicate long-term capital structure stability.
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 $2.11 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 $10.27M.
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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