Seacor (NYSE:CKH) was upgraded by research analysts at ValuEngine from a “sell” rating to a “hold” rating in a note issued to investors on Tuesday, December 3rd, ValuEngine reports.
Separately, Zacks Investment Research lowered shares of Seacor from a “hold” rating to a “strong sell” rating in a research report on Friday, November 1st.
Seacor stock traded down $0.42 during mid-day trading on Tuesday, reaching $41.85. The company’s stock had a trading volume of 160,650 shares, compared to its average volume of 79,229. The firm’s fifty day moving average price is $42.73 and its two-hundred day moving average price is $45.46. The company has a market capitalization of $848.74 million, a P/E ratio of 23.12 and a beta of 0.80. The company has a debt-to-equity ratio of 0.44, a quick ratio of 1.41 and a current ratio of 1.44. Seacor has a 12-month low of $34.63 and a 12-month high of $51.42.
Seacor (NYSE:CKH) last released its quarterly earnings results on Monday, October 28th. The oil and gas company reported $0.32 EPS for the quarter, missing analysts’ consensus estimates of $0.49 by ($0.17). Seacor had a net margin of 2.92% and a return on equity of 3.69%. The firm had revenue of $200.66 million for the quarter, compared to analysts’ expectations of $201.84 million. On average, research analysts predict that Seacor will post 1.77 EPS for the current fiscal year.
A number of institutional investors have recently bought and sold shares of the business. California State Teachers Retirement System lifted its stake in Seacor by 1.2% in 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 purchasing an additional 324 shares during the last quarter. Arizona State Retirement System raised its stake in shares of Seacor by 1.6% during the second quarter. Arizona State Retirement System now owns 27,019 shares of the oil and gas company’s stock valued at $1,284,000 after acquiring an additional 417 shares during the last quarter. Cubist Systematic Strategies LLC raised its stake in shares of Seacor by 12.1% during the second quarter. Cubist Systematic Strategies LLC now owns 5,522 shares of the oil and gas company’s stock valued at $262,000 after acquiring an additional 594 shares during the last quarter. Swiss National Bank raised its stake in shares of Seacor by 2.9% during the second quarter. Swiss National Bank now owns 32,400 shares of the oil and gas company’s stock valued at $1,539,000 after acquiring an additional 900 shares during the last quarter. Finally, Bank of Montreal Can raised its stake in shares of Seacor by 325.9% during the second quarter. Bank of Montreal Can now owns 1,925 shares of the oil and gas company’s stock valued at $91,000 after acquiring an additional 1,473 shares during the last quarter. 84.38% of the stock is owned by institutional investors and hedge funds.
About Seacor
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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