Himalaya Shipping Ltd's fundamentals are relatively healthy, with an industry-leading ESG disclosure.and its growth potential is high.Its valuation is considered fairly valued, ranking 32 out of 75 in the Freight & Logistics Services industry.Institutional ownership is very high.Over the past month, multiple analysts have rated it as Buy, with the highest price target at 101.67.In the medium term, the stock price is expected to trend up.The company has been performing well in the stock market over the past month, which is supported by its 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
32 / 75
Overall Ranking
164 / 4521
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 Dividend
The company is a high dividend payer, with the latest dividend payout ratio of 78.23%.
Overvalued
The company’s latest PB is 3.05, at a high 3-year percentile range.
Institutional Selling
The latest institutional holdings are 11.66M shares, decreasing 1.80% quarter-over-quarter.
Lower Market Activity
The company has less investor interest, with a 20-day turnover ratio of -0.26.
Analyst Rating
Based on
6
analysts
Buy
Current Rating
101.675
Target Price
+896.81%
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. 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.