Seacor Holdings, Inc. (NYSE:CKH)’s share price hit a new 52-week low during mid-day trading on Thursday . The company traded as low as $39.72 and last traded at $39.73, with a volume of 31648 shares. The stock had previously closed at $41.10.
A number of research analysts have recently issued reports on the stock. Stifel Nicolaus upgraded shares of Seacor from a “hold” rating to a “buy” rating and set a $53.00 price target on the stock in a research note on Thursday, January 2nd. ValuEngine upgraded shares of Seacor from a “sell” rating to a “hold” rating in a research note on Tuesday, January 7th. Finally, Zacks Investment Research upgraded shares of Seacor from a “strong sell” rating to a “hold” rating in a research note on Monday, January 6th.
The company has a debt-to-equity ratio of 0.44, a current ratio of 1.44 and a quick ratio of 1.41. The firm’s 50-day simple moving average is $42.38 and its two-hundred day simple moving average is $45.08. The company has a market capitalization of $829.37 million, a price-to-earnings ratio of 32.08 and a beta of 0.80.
Seacor (NYSE:CKH) last issued its earnings results on Monday, October 28th. The oil and gas company reported $0.32 earnings per share for the quarter, missing the consensus estimate of $0.49 by ($0.17). Seacor had a return on equity of 3.69% and a net margin of 2.92%. The company had revenue of $200.66 million for the quarter, compared to analyst estimates of $201.84 million. On average, analysts expect that Seacor Holdings, Inc. will post 1.75 EPS for the current fiscal year.
A number of institutional investors and hedge funds have recently modified their holdings of the business. New York State Teachers Retirement System grew its position in Seacor by 4.0% during the fourth quarter. New York State Teachers Retirement System now owns 41,547 shares of the oil and gas company’s stock worth $1,793,000 after buying an additional 1,600 shares during the period. Assenagon Asset Management S.A. grew its position in Seacor by 19.8% during the fourth quarter. Assenagon Asset Management S.A. now owns 103,577 shares of the oil and gas company’s stock worth $4,469,000 after buying an additional 17,099 shares during the period. Squarepoint Ops LLC acquired a new position in Seacor during the third quarter worth about $285,000. California State Teachers Retirement System grew its position in Seacor by 1.2% during the third quarter. California State Teachers Retirement System now owns 27,109 shares of the oil and gas company’s stock worth $1,276,000 after buying an additional 324 shares during the period. Finally, State Street Corp grew its position in Seacor by 1.2% during the third quarter. State Street Corp now owns 564,902 shares of the oil and gas company’s stock worth $26,590,000 after buying an additional 6,818 shares during the period. Institutional investors own 84.36% of the company’s stock.
Seacor Company Profile (NYSE:CKH)
SEACOR Holdings Inc engages in transportation and logistics, risk management consultancy, and other businesses in the United States and internationally. The company operates through Ocean Transportation & Logistics Services, Inland Transportation & Logistics Services, Witt O’Brien’s, and Other segments.
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