Seacor Holdings, Inc. (NYSE:CKH) has received an average broker rating score of 1.00 (Strong Buy) from the one brokers that cover the company, Zacks Investment Research reports. One analyst has rated the stock with a strong buy rating.
Analysts have set a 12 month consensus target price of $70.00 for the company and are predicting that the company will post ($0.63) EPS for the current quarter, according to Zacks. Zacks has also assigned Seacor Holdings an industry rank of 143 out of 265 based on the ratings given to its competitors.
CKH has been the subject of several research reports. Stifel Nicolaus initiated coverage on shares of Seacor Holdings in a research report on Tuesday, August 23rd. They issued a “buy” rating and a $70.00 price objective for the company. Zacks Investment Research cut shares of Seacor Holdings from a “hold” rating to a “sell” rating in a research report on Thursday, October 27th.
Shares of Seacor Holdings (NYSE:CKH) opened at 60.04 on Wednesday. Seacor Holdings has a 12-month low of $41.24 and a 12-month high of $62.93. The firm’s market cap is $1.04 billion. The stock’s 50 day moving average is $55.87 and its 200-day moving average is $56.97.
Seacor Holdings (NYSE:CKH) last posted its quarterly earnings data on Thursday, October 27th. The company reported ($2.35) earnings per share for the quarter, missing the consensus estimate of ($0.64) by $1.71. Seacor Holdings had a negative net margin of 20.61% and a negative return on equity of 9.04%. During the same quarter last year, the firm posted $0.40 earnings per share. On average, analysts anticipate that Seacor Holdings will post ($7.62) EPS for the current fiscal year.
In other news, CFO Matthew Cenac sold 4,425 shares of Seacor Holdings stock in a transaction that occurred on Wednesday, September 21st. The shares were sold at an average price of $56.25, for a total transaction of $248,906.25. Following the completion of the sale, the chief financial officer now owns 30,776 shares in the company, valued at approximately $1,731,150. The sale was disclosed in a filing with the SEC, which can be accessed through this link. 13.37% of the stock is currently owned by company insiders.
Several large investors have recently modified their holdings of the company. SG Americas Securities LLC acquired a new stake in shares of Seacor Holdings during the third quarter valued at approximately $113,000. BlackRock Inc. raised its position in Seacor Holdings by 51.7% in the first quarter. BlackRock Inc. now owns 1,971 shares of the company’s stock valued at $108,000 after buying an additional 672 shares during the last quarter. PineBridge Investments L.P. raised its position in Seacor Holdings by 7.6% in the second quarter. PineBridge Investments L.P. now owns 2,020 shares of the company’s stock valued at $117,000 after buying an additional 143 shares during the last quarter. Teacher Retirement System of Texas raised its position in Seacor Holdings by 13.7% in the second quarter. Teacher Retirement System of Texas now owns 2,300 shares of the company’s stock valued at $133,000 after buying an additional 277 shares during the last quarter. Finally, Mason Street Advisors LLC purchased a new position in Seacor Holdings during the second quarter valued at $180,000.
Seacor Holdings Company Profile
SEACOR Holdings Inc is engaged in owning, operating, investing in and marketing equipment, primarily in the offshore oil and gas, shipping and logistics industries. The Company’s segments include Offshore Marine Services, Inland River Services, Shipping Services and Illinois Corn Processing. The Offshore Marine Services segment operates a fleet of support vessels primarily servicing offshore oil and gas exploration, development and production facilities around the world.