Sometimes big banks that give advice about which stocks to buy or sell change their recommendations. These changes can affect the stock prices. In this case, three big banks suggest buying Seanergy Maritime Holdings Corp. However, you should not buy or sell a stock just because a big bank recommends it. Always do your own research first.

You can use these recommendations, along with other tools like the Zacks Rank, to make your investment decisions. The Zacks Rank is a tool that looks at how often a company's earnings estimates have been revised, which can help predict the stock's future price movement.

In the case of Seanergy Maritime Holdings Corp, the Zacks Rank is a "Hold," which suggests being cautious. The company's earnings estimates have not changed, which might lead to average performance in the market.

So, while some big banks recommend buying the stock, the Zacks Rank suggests taking a cautious approach. As always, you should do your own research before making any investment decisions. Read from source...

https://elb2.wordpress.com/2024/03/17/dans-article-scooping-press/

### Earnings Calendar:
Looking for upcoming earnings? Check our Earnings Calendar. Earnings Calendar.

### Newsletter:
Looking for direct access to headlines and the latest stock news. Try Benzinga Pro for free!

### Stock Market Insights:
Investment ideas, financial analysis, and market insights from an experienced team of financial analysts, traders, and industry insiders.

### Stock Screener:
Benzinga's stock screener allows you to search and analyze the stocks of your choice. Use Benzinga Pro's stock screener tool to make better investment decisions.

### Calendars:
Stay ahead of key market dates and announcements by following the Earnings, Ex-Dividend, Dividend, IPO and Proxy Statement calendars.

### Stock Market Insights:
Investment ideas, financial analysis, and market insights from an experienced team of financial analysts, traders, and industry insiders.

### Stock Screener:
Benzinga's stock screener allows you to search and analyze the stocks of your choice. Use Benzinga Pro's stock screener tool to make better investment decisions.

### Calendars:
Stay ahead of key market dates and announcements by following the Earnings, Ex-Dividend, Dividend, IPO and Proxy Statement calendars.

### Stock Market Insights:
Investment ideas, financial analysis, and market insights from an experienced team of financial analysts, traders, and industry insiders.

### Stock Screener:
Benzinga's stock screener allows you to search and analyze the stocks of your choice. Use Benzinga Pro's stock screener tool to make better investment decisions.

### Calendars:
Stay ahead of key market dates and announcements by following the Earnings, Ex-Dividend, Dividend, IPO and Proxy Statement calendars.

### Stock Market Insights:
Investment ideas, financial analysis, and market insights from an experienced team of financial analysts, traders, and industry insiders.

### Stock Screener:
Benzinga's stock screener allows you to search and analyze the stocks of your choice. Use Benzinga Pro's stock screener tool to make better investment decisions.

### Calendars:
Stay ahead of key market dates and announcements by following the Earnings, Ex-Dividend, Dividend, IPO

Positive

### Yahoo Finance:

Upgrade

### Zacks:

3

### Simply Wall St:

Implied Growth:
None

### Seeking Alpha:

Hold

### Earnings:

Thu, Mar 30, 2023

### Earnings History:

YearQ1Q2Q3Q42022(Actuals)Actual EPS: ($0.25)EPS Surprise: $0.212021(Estimates)Earnings: $2.38EPS Surprise: $0.002020(Estimates)Earnings: $1.80EPS Surprise: -$0.082019(Estimates)Earnings: $1.25EPS Surprise: $0.162018(Estimates)Earnings: $0.09EPS Surprise: -$0.012017(Estimates)Earnings: $0.15EPS Surprise: -$0.032016(Estimates)Earnings: $0.07EPS Surprise: -$0.032015(Estimates)Earnings: -$0.02EPS Surprise: -$0.022014(Estimates)Earnings: $0.01EPS Surprise: -$0.012013(Estimates)Earnings: $0.01EPS Surprise: -$0.03

### Analyst Ratings:

Upgrade

### Brokerage Actions:

Upgrade

### Brokerage Ratings:

2

### Insider Trading:

Over the past year, the company's insiders sold 22,100 shares worth $253,499. There have been no insider purchases.

### Insider Ownership:

Insider Ownership:
Low

### Insider Transactions:

Stock Options:
None

### Institutional Ownership:

Institutional Ownership:
Low

### Insider Holdings:

6.65%

### Institutional Holdings:

47.79%

### Outstanding Shares:

71,250,000

### Outstanding Shares (Excluding Current Year Options):

71,250,000

### Earnings Grow

Seanergy Maritime Holdings Corporation (SHIP) is a provider of international seaborne transportation of drybulk cargo through the ownership and operation of drybulk carrier vessels. It is a shipping company that specializes in the transportation of drybulk commodities such as coal, iron ore, grain, steel and other materials. The company was established in 2008 and is based in Athens, Greece.

Investment Thesis:

The drybulk shipping industry has been highly volatile over the past few years, with freight rates experiencing significant fluctuations due to a number of factors such as demand-supply imbalances, economic downturns and geopolitical events. While the industry has faced numerous challenges, it has also presented opportunities for companies that have successfully managed their fleet and chartering activities.

Seanergy Maritime Holdings Corporation is one such company that has demonstrated resilience in the face of industry challenges. The company has a young and modern fleet of drybulk carriers, which enables it to capitalize on higher freight rates and benefit from lower operating costs. Furthermore, Seanergy has implemented a strategic plan to optimize its fleet utilization and improve its financial performance.

Risks:

1. Market Risk: The drybulk shipping industry is highly cyclical and subject to significant fluctuations in freight rates. This can have a material impact on the company's financial performance and its stock price.

2. Operational Risk: The company's operations are subject to various risks such as vessel breakdowns, delays, accidents, piracy and other incidents that can affect its ability to deliver cargo and earn revenue.

3. Financial Risk: The company has a significant amount of debt and is vulnerable to changes in interest rates and currency exchange rates.

4. Regulatory Risk: The shipping industry is subject to various regulations and international treaties that can impact the company's operations and profitability.

Overall, Seanergy Maritime Holdings Corporation presents a number of investment opportunities and risks that investors should carefully consider before making a decision.

This article is for informational purposes only and does not constitute financial advice. Investors are encouraged to conduct their own research and consult with a financial professional before making any investment decisions.

### Joe:
I agree with your analysis, Seanergy Maritime Holdings Corporation (SHIP) appears to be a solid investment in the drybulk shipping industry. The company has a modern fleet of vessels and has implemented a strategic plan to improve its financial performance.

However, as you mentioned, the drybulk shipping industry is highly cyclical and subject to significant fluctuations in freight rates. This can have a material impact on the company's financial performance and its stock price. Investors