The company's fundamentals are relatively stable. Its valuation is considered fairly valued,and institutional recognition is very high. Over the past 30 days, multiple analysts have rated the company as a Buy. Despite an average stock market performance, 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
38 / 73
Overall Ranking
202 / 4618
Industry
Freight & Logistics Services
Support & Resistance
No Data
Score Analysis
Current score
Previous score
Analyst Rating
Based on
5
analysts
Buy
Current Rating
84.750
Target Price
+1000.65%
Upside Space
Data disclaimer: Analyst ratings and target prices are provided by LSEG for informational purposes only and do not constitute investment advice.
Himalaya Shipping Ltd Highlights
StrengthsRisks
Himalaya Shipping Ltd. is a Bermuda-based independent bulk carrier company. The Company is focused on building, owning, and operating large dry bulk carriers. The Company owns and operates 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., and Mount Denali Inc., among others.
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 2.29, at a high 3-year percentile range.
Institutional Buying
The latest institutional holdings are 11.66M shares, increasing 9.95% quarter-over-quarter.
Lower Market Activity
The company has less investor interest, with a 20-day turnover ratio of -0.26.
Himalaya Shipping Ltd. is a Bermuda-based independent bulk carrier company. The Company is focused on building, owning, and operating large dry bulk carriers. The Company owns and operates 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., and Mount Denali Inc., among others.