Himalaya Shipping Ltd's fundamentals are relatively stable, and its growth potential is high.Its valuation is considered fairly valued, ranking 46 out of 78 in the Freight & Logistics Services industry.Institutional ownership is very high.Over the past month, multiple analysts have rated it as Hold, with the highest price target at 124.25.In the medium term, the stock price is expected to remain stable.Despite an average stock market performance over the past month, the company shows strong fundamentals and technicals.The stock price is trading sideways between the support and resistance levels, making it suitable for range-bound swing trading.
Himalaya Shipping Ltd's Score
Industry at a Glance
Industry Ranking
46 / 78
Overall Ranking
267 / 4565
Industry
Freight & Logistics Services
Support & Resistance
Relevant data have not been disclosed by the company yet.
Score Analysis
Current score
Previous score
Media Coverage
Last 24 hours
Coverage Level
Very Low
Very High
Neutral
Himalaya Shipping Ltd Highlights
StrengthsRisks
Himalaya Shipping Ltd. is a Bermuda-based independent bulk carrier company. The Company owns and operates approximately 12 Newcastlemax dry bulk vessels. The Company’s fleet of vessels includes Mount Norefjell, Mount Ita, Mount Etna, Mount Blanc, Mount Matterhorn, Mount Neblina, Mount Bandeira, Mount Hua, Mount Elbrus, Mount Denali, Mount Aconcagua, and Mount Emai. The Company’s subsidiaries include Mount Norefjell Inc., Mount Bandeira Inc., Mount Ita Inc., Mount Hua Inc., Mount Etna Inc., Mount Elbrus Inc., Mount Blanc Inc., Mount Denali Inc., and others. The Company operates its vessels in a range of countries, which include China, Brazil, Singapore, and others.
High Growth
The company's revenue has grown steadily over the past 3 years, averaging 259.05% year-on-year.
High Profit Growth
The company's net income leads the industry, with the latest annual income totaling USD 131.90M.
High Dividend
The company is a high dividend payer, with the latest dividend payout ratio of 78.23%.
Overvalued
The company’s latest PB is 4.08, at a high 3-year percentile range.
Institutional Buying
The latest institutional holdings are 13.51M shares, increasing 7.53% quarter-over-quarter.
Himalaya Shipping Ltd. is a Bermuda-based independent bulk carrier company. The Company owns and operates approximately 12 Newcastlemax dry bulk vessels. The Company’s fleet of vessels includes Mount Norefjell, Mount Ita, Mount Etna, Mount Blanc, Mount Matterhorn, Mount Neblina, Mount Bandeira, Mount Hua, Mount Elbrus, Mount Denali, Mount Aconcagua, and Mount Emai. The Company’s subsidiaries include Mount Norefjell Inc., Mount Bandeira Inc., Mount Ita Inc., Mount Hua Inc., Mount Etna Inc., Mount Elbrus Inc., Mount Blanc Inc., Mount Denali Inc., and others. The Company operates its vessels in a range of countries, which include China, Brazil, Singapore, and others.