Financial Analysis: Pangaea Logistics Solutions (NASDAQ:PANL) & Himalaya Shipping (NYSE:HSHP)

Pangaea Logistics Solutions (NASDAQ:PANLGet Free Report) and Himalaya Shipping (NYSE:HSHPGet Free Report) are both small-cap transportation companies, but which is the better investment? We will contrast the two companies based on the strength of their risk, dividends, profitability, valuation, institutional ownership, analyst recommendations and earnings.

Institutional and Insider Ownership

60.2% of Pangaea Logistics Solutions shares are held by institutional investors. Comparatively, 22.3% of Himalaya Shipping shares are held by institutional investors. 16.7% of Pangaea Logistics Solutions shares are held by insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a stock is poised for long-term growth.

Analyst Recommendations

This is a breakdown of current ratings for Pangaea Logistics Solutions and Himalaya Shipping, as provided by MarketBeat.

Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Pangaea Logistics Solutions 0 1 2 0 2.67
Himalaya Shipping 0 1 0 0 2.00

Pangaea Logistics Solutions currently has a consensus target price of $9.00, suggesting a potential upside of 9.76%. Given Pangaea Logistics Solutions’ stronger consensus rating and higher probable upside, equities research analysts clearly believe Pangaea Logistics Solutions is more favorable than Himalaya Shipping.

Dividends

Pangaea Logistics Solutions pays an annual dividend of $0.20 per share and has a dividend yield of 2.4%. Himalaya Shipping pays an annual dividend of $0.05 per share and has a dividend yield of 0.3%. Pangaea Logistics Solutions pays out 36.4% of its earnings in the form of a dividend. Himalaya Shipping pays out 13.2% of its earnings in the form of a dividend. Both companies have healthy payout ratios and should be able to cover their dividend payments with earnings for the next several years.

Risk & Volatility

Pangaea Logistics Solutions has a beta of 0.81, indicating that its share price is 19% less volatile than the S&P 500. Comparatively, Himalaya Shipping has a beta of 1.38, indicating that its share price is 38% more volatile than the S&P 500.

Valuation & Earnings

This table compares Pangaea Logistics Solutions and Himalaya Shipping”s revenue, earnings per share (EPS) and valuation.

Gross Revenue Price/Sales Ratio Net Income Earnings Per Share Price/Earnings Ratio
Pangaea Logistics Solutions $632.04 million 0.85 $19.37 million $0.55 14.91
Himalaya Shipping $131.90 million 5.43 $17.70 million $0.38 40.37

Pangaea Logistics Solutions has higher revenue and earnings than Himalaya Shipping. Pangaea Logistics Solutions is trading at a lower price-to-earnings ratio than Himalaya Shipping, indicating that it is currently the more affordable of the two stocks.

Profitability

This table compares Pangaea Logistics Solutions and Himalaya Shipping’s net margins, return on equity and return on assets.

Net Margins Return on Equity Return on Assets
Pangaea Logistics Solutions 5.10% 5.71% 2.89%
Himalaya Shipping 13.44% 11.02% 2.04%

Summary

Pangaea Logistics Solutions beats Himalaya Shipping on 10 of the 16 factors compared between the two stocks.

About Pangaea Logistics Solutions

(Get Free Report)

Pangaea Logistics Solutions, Ltd., together with its subsidiaries, provides seaborne dry bulk logistics and transportation services to industrial customers worldwide. It offers various dry bulk cargoes, such as grains, coal, iron ore, pig iron, hot briquetted iron, bauxite, alumina, cement clinker, dolomite, and limestone. The company's ocean logistics services comprise cargo loading, cargo discharge, vessel chartering, voyage planning, and technical vessel management. It owns and operates a fleet of vessels. The company was founded in 1996 and is headquartered in Newport, Rhode Island.

About Himalaya Shipping

(Get Free Report)

Himalaya Shipping Ltd. provides dry bulk shipping services worldwide. The company operates a fleet of vessels. It serves major commodity trading, commodity and energy transition, and multi-modal transport companies. Himalaya Shipping Ltd. was incorporated in 2021 and is based in Hamilton, Bermuda.

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