Okeanis Eco Tankers (NYSE:ECO – Get Free Report) and Euronav (NYSE:CMBT – Get Free Report) are both transportation companies, but which is the superior stock? We will compare the two businesses based on the strength of their analyst recommendations, institutional ownership, dividends, risk, valuation, profitability and earnings.
Dividends
Okeanis Eco Tankers pays an annual dividend of $4.40 per share and has a dividend yield of 17.1%. Euronav pays an annual dividend of $0.76 per share and has a dividend yield of 5.8%. Okeanis Eco Tankers pays out 116.4% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future. Euronav pays out 12.6% of its earnings in the form of a dividend.
Valuation and Earnings
This table compares Okeanis Eco Tankers and Euronav”s gross revenue, earnings per share (EPS) and valuation.
Gross Revenue | Price/Sales Ratio | Net Income | Earnings Per Share | Price/Earnings Ratio | |
Okeanis Eco Tankers | $413.10 million | 2.01 | $145.25 million | $3.78 | 6.83 |
Euronav | $1.24 billion | N/A | $858.03 million | $6.01 | 2.19 |
Profitability
This table compares Okeanis Eco Tankers and Euronav’s net margins, return on equity and return on assets.
Net Margins | Return on Equity | Return on Assets | |
Okeanis Eco Tankers | 30.17% | 28.35% | 10.54% |
Euronav | 112.38% | 22.35% | 11.43% |
Analyst Recommendations
This is a breakdown of recent recommendations and price targets for Okeanis Eco Tankers and Euronav, as reported by MarketBeat.com.
Sell Ratings | Hold Ratings | Buy Ratings | Strong Buy Ratings | Rating Score | |
Okeanis Eco Tankers | 0 | 0 | 1 | 0 | 3.00 |
Euronav | 0 | 0 | 0 | 0 | 0.00 |
Okeanis Eco Tankers presently has a consensus price target of $44.00, suggesting a potential upside of 70.51%. Given Okeanis Eco Tankers’ stronger consensus rating and higher possible upside, research analysts plainly believe Okeanis Eco Tankers is more favorable than Euronav.
About Okeanis Eco Tankers
Okeanis Eco Tankers Corp., a shipping company, owns and operates tanker vessels worldwide. It operates a fleet of 14 tanker vessels comprising six modern Suezmax tankers and eight modern VLCC tankers focusing on the transportation of crude oil. The company was incorporated in 2018 and is based in Neo Faliro, Greece.
About Euronav
Euronav NV, together with its subsidiaries, engages in the transportation and storage of crude oil worldwide. The company offers floating, storage, and offloading (FSO) services. It also owns and operates a fleet of vessels. The company was incorporated in 2003 and is headquartered in Antwerp, Belgium. As of March 15, 2024, Euronav NV operates as subsidiary of CMB NV.
Receive News & Ratings for Okeanis Eco Tankers Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Okeanis Eco Tankers and related companies with MarketBeat.com's FREE daily email newsletter.