Performance Shipping (NASDAQ:PSHG – Get Free Report) and C3is (NASDAQ:CISS – Get Free Report) are both small-cap transportation companies, but which is the superior stock? We will contrast the two businesses based on the strength of their analyst recommendations, institutional ownership, earnings, risk, profitability, valuation and dividends.
Institutional and Insider Ownership
19.9% of Performance Shipping shares are held by institutional investors. Comparatively, 10.5% of C3is shares are held by institutional investors. 0.4% of Performance Shipping shares are held by insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a company is poised for long-term growth.
Analyst Ratings
This is a summary of recent recommendations and price targets for Performance Shipping and C3is, as provided by MarketBeat.com.
| Sell Ratings | Hold Ratings | Buy Ratings | Strong Buy Ratings | Rating Score | |
| Performance Shipping | 0 | 0 | 2 | 0 | 3.00 |
| C3is | 0 | 0 | 0 | 0 | N/A |
Profitability
This table compares Performance Shipping and C3is’ net margins, return on equity and return on assets.
| Net Margins | Return on Equity | Return on Assets | |
| Performance Shipping | 62.19% | 24.02% | 18.19% |
| C3is | 32.12% | 22.99% | 14.33% |
Volatility and Risk
Performance Shipping has a beta of -0.32, suggesting that its share price is 132% less volatile than the S&P 500. Comparatively, C3is has a beta of 2.89, suggesting that its share price is 189% more volatile than the S&P 500.
Valuation & Earnings
This table compares Performance Shipping and C3is’ revenue, earnings per share (EPS) and valuation.
| Gross Revenue | Price/Sales Ratio | Net Income | Earnings Per Share | Price/Earnings Ratio | |
| Performance Shipping | $90.83 million | 0.26 | $69.41 million | $1.65 | 1.18 |
| C3is | $36.90 million | 0.01 | $9.29 million | $30.11 | 0.04 |
Performance Shipping has higher revenue and earnings than C3is. C3is is trading at a lower price-to-earnings ratio than Performance Shipping, indicating that it is currently the more affordable of the two stocks.
Summary
Performance Shipping beats C3is on 11 of the 13 factors compared between the two stocks.
About Performance Shipping
Performance Shipping Inc. provides shipping transportation services through its tanker vessels worldwide. As of December 31, 2022, its fleet consisted of eight Aframax tanker vessels with a combined carrying capacity of 851,825 DWT. The company was incorporated in 2010 and is based in Athens, Greece.
About C3is
C3is Inc. offers international seaborne transportation services. It provides its services to dry bulk charterers, including national and private industrial users, commodity producers and traders, oil producers, refineries, and commodities traders and producers. The company owns and operates a fleet of two drybulk carriers, which transport major bulks, such as iron ore, coal and grains, as well as minor bulks comprising bauxite, phosphate, and fertilizers, and one Aframax crude oil tanker that transports crude oil. C3is Inc. was founded in 2021 and is based in Athens, Greece.
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