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Top Ships Inc. (TOPS)
XASE:TOPS
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Top Ships (TOPS) Price & Analysis

1,317 Followers

TOPS Stock Chart & Stats

$5.48
-$0.21(-2.98%)
At close: 4:00 PM EST
$5.48
-$0.21(-2.98%)

Bulls Say, Bears Say

Bulls Say
Cash GenerationRecent improvement in operating cash flow and consecutive positive free cash flow provide durable internal funding for operations, maintenance and selective reinvestment. Sustained cash generation strengthens liquidity for debt service and fleet upkeep, improving resilience across shipping cycles.
Core Operating ProfitabilityConsistently strong operating profits indicate the underlying tanker business generates healthy operating economics independent of net income swings. Stable EBIT supports coverage of voyage and fixed costs, enabling long-term vessel maintenance and potential reinvestment in efficient eco-tonnage.
Funding OptionalityA structured 36-month equity facility gives management optional access to capital without immediate dilution, expanding funding choices for debt reduction, working capital, or fleet expansion. That structural optionality reduces the likelihood of forced asset sales under near-term stress.
Bears Say
High LeverageLeverage materially exceeds equity, leaving limited balance-sheet cushion and increasing refinancing and covenant risk. High debt amplifies earnings volatility into solvency risk during freight downturns and constrains strategic optionality for acquisitions or capex over the medium term.
Earnings And Revenue VolatilityPronounced swings in net income and recent revenue decline reflect exposure to cyclical freight markets and utilization shifts. Persistent volatility hampers forecasting, raises cost of capital, and limits the company's ability to plan multi-year investments or stabilize shareholder returns.
Liquidity Pressure From Fleet CommitmentsDelays on acquisition payments signal near-term liquidity strain tied to fleet expansion commitments. Ongoing obligations increase the chance management must seek external financing, delay deliveries, or reprice deals, sustaining balance-sheet and execution risk until obligations are fulfilled.

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 $0.70 and its highest was $7.40 in the past 12 months.
    What is Top Ships Inc.’s market cap?
    Top Ships Inc.’s market cap is $5.60M.
      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. Get more investment ideas with TipRanks Premium
        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 7,467,223 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., a maritime company established in 2000 and headquartered in Maroussi, Greece, specializes in the worldwide ownership and operation of tanker vessels. Its medium-range ships primarily facilitate the global transport of essential liquid commodities, including crude oil, various refined petroleum products, and bulk liquid chemicals. The organization underwent a name change in December 2007, transitioning from its former identity as Top Tankers Inc. By the close of business on December 31, 2020, Top Ships Inc. commanded a diverse fleet with an aggregated carrying capacity of 1,435,000 deadweight tonnes (dwt). This fleet comprised one 50,000 dwt product/chemical tanker, five 157,000 dwt Suezmax tankers, two sizable 300,000 dwt Very Large Crude Carriers (VLCCs), and two 50,000 dwt product tankers.

            Top Ships (TOPS) Earnings & Revenues

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            Ownership Overview

            <0.01%0.01%99.91%
            Insiders
            0.01% Other Institutional Investors
            99.91% Public Companies and
            Individual Investors
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