Want to see TOPS full AI Analyst Report?
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$0.70 - $7.40
Previous CloseN/A
Volume7.75K
Average Volume (3M)7.55K
Market Cap
$5.60M
Enterprise Value$284.88
Total Cash (Recent Filing)$20.37M
Total Debt (Recent Filing)$204.79M
Price to Earnings (P/E)1.2
Beta0.84
Next EarningsN/A
EPS EstimateN/A
Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)N/A
Shares Outstanding7,467,223
10 Day Avg. Volume8,016
30 Day Avg. Volume7,548
Financial Highlights & Ratios
PEG Ratio-0.17
Price to Book (P/B)0.23
Price to Sales (P/S)0.26
P/FCF Ratio1.22
Enterprise Value/Market Cap<0.01
Enterprise Value/Revenue<0.01
Enterprise Value/Gross Profit<0.01
Enterprise Value/Ebitda<0.01
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
Improved Cash GenerationOperating cash flow rising to $26.4M and consecutive positive free cash flow (~$17M) support sustainable internal funding for vessel upkeep, scheduled capex and debt service. Persistent cash conversion increases financial flexibility and underpins the firm’s ability to reinvest in core fleet over the medium term.
Refocused Capital Allocation To Core FleetManagement’s decision to scrap the Dubai real estate acquisition and redeploy $23.5M into tankers concentrates capital on maritime operations. This refocus reduces distraction from non-core assets, improves alignment of capital with revenue-generating vessels, and strengthens long-term fleet growth strategy.
Committed Funding Optionality Via Equity FacilityA $50M, 36‑month equity facility provides durable financing optionality to support newbuilds, deferred payments or debt reduction without immediate dilution. This contingent capital source materially improves the company’s ability to execute fleet expansion and manage liquidity across multi‑quarter cycles.
Bears Say
High LeverageDebt of $204.8M against $89.2M equity leaves a thin capital cushion and elevates refinancing, interest coverage and covenant risk. High leverage constrains strategic flexibility, increases vulnerability to freight rate downturns, and can amplify losses during cyclical shipping market stress.
Volatile Earnings And Weakening RevenueMarked swings in net income and recent revenue softening indicate the business is sensitive to charter rates and utilization. Earnings volatility undermines sustained return generation, complicates long-range planning and weakens predictability of cash available for debt reduction or capital projects.
Related‑party And Non-core Investment RiskContinuing related‑party transactions and consideration of a large Dubai real estate option expose the firm to governance questions and geopolitical risk. Such non‑core pursuits can divert management attention and capital from core tanker operations and introduce contingent liabilities over the medium term.
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.
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.
Technical Analysis
Ownership Overview
―
Insiders
<0.01% Mutual Funds
0.01% Other Institutional Investors
99.91% Public Companies and
Individual Investors