Performance Shipping Inc. (PSHG)
NASDAQ: PSHG · Real-Time Price · USD
1.800
-0.050 (-2.70%)
Nov 22, 2024, 4:00 PM EST - Market closed

Performance Shipping Stock Forecast

Stock Price Forecast

The 1 analyst with a 12-month price forecast for PSHG stock has a target of 6.50, which predicts an increase of 261.11% from the current stock price of 1.80.

Analyst Consensus: Strong Buy
Target Low Average Median High
Price $6.50 $6.50 $6.50 $6.50
Change +261.11% +261.11% +261.11% +261.11%
* Price targets were last updated on Jul 22, 2024.

Analyst Ratings

According to 1 stock analyst, the rating for PSHG is "Strong Buy". This means that the analyst believes this stock is likely to perform very well in the near future and significantly outperform the market.

Recommendation Trends

Rating Sep '24Oct '24Nov '24
Strong Buy 111
Buy 000
Hold 000
Sell 000
Strong Sell 000
Total 111

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Alliance Global Partners
Alliance Global Partners
Strong Buy
Initiates
$6.5
Strong Buy Initiates $6.5 +261.11% Jul 22, 2024
HC Wainwright & Co.
HC Wainwright & Co.
Strong Buy
Initiates
$165
Strong Buy Initiates $165 +9,066.67% Mar 29, 2021
More Analyst Ratings

Financial Forecast

Revenue This Year
87.85M
from 108.94M
Decreased by -19.36%
Revenue Next Year
90.19M
from 87.85M
Increased by 2.66%
EPS This Year
1.09
from 1.91
Decreased by -43.06%
EPS Next Year
1.10
from 1.09
Increased by 1.17%
Fiscal Year FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 FY 2026
Period Ending Dec 31, 2019 Dec 31, 2020 Dec 31, 2021 Dec 31, 2022 Dec 31, 2023 Dec 31, 2024 Dec 31, 2025 Dec 31, 2026
Revenue
6.30M42.05M36.49M75.17M108.94M87.85M90.19M117.48M
Revenue Growth
-567.28%-13.21%106.00%44.92%-19.36%2.66%30.26%
EPS
-167.8615.74-28.973.021.911.091.101.40
EPS Growth
-----36.68%-43.06%1.17%26.73%
Forward PE
-----1.651.631.29
No. Analysts -----444
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 202420252026
High 91.4M 97.0M 124.7M
Avg 87.9M 90.2M 117.5M
Low 83.6M 82.8M 109.3M

Revenue Growth

Revenue Growth 202420252026
High
-16.1%
10.4%
38.3%
Avg
-19.4%
2.7%
30.3%
Low
-23.3%
-5.8%
21.2%

EPS Forecast

EPS 202420252026
High 1.16 1.17 1.52
Avg 1.09 1.10 1.40
Low 1.01 1.03 1.26

EPS Growth

EPS Growth 202420252026
High
-39.3%
6.9%
38.1%
Avg
-43.1%
1.2%
26.7%
Low
-47.3%
-5.4%
14.7%
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.