The company's fundamentals are relatively very healthy. 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 a very weak stock market performance, the company shows strong fundamentals. The stock price is trading sideways between the support and resistance levels, making it suitable for range-bound swing trading.
Icon Energy Corp's Score
Industry at a Glance
Industry Ranking
47 / 73
Overall Ranking
299 / 4616
Industry
Freight & Logistics Services
Support & Resistance
No Data
Score Analysis
Current score
Previous score
Analyst Rating
Based on
1
analysts
Buy
Current Rating
4.500
Target Price
+233.33%
Upside Space
Data disclaimer: Analyst ratings and target prices are provided by LSEG for informational purposes only and do not constitute investment advice.
Icon Energy Corp Highlights
StrengthsRisks
Icon Energy Corp is a Greece-based holding company incorporated in the Republic of Marshall Islands for the purpose of acquiring, owning, chartering and operating dry bulk vessels through its subsidiaries. The Company is engaged in the ocean transportation of dry bulk cargoes worldwide through the ownership and operation of dry bulk vessels, such as the Panamax vessel M/V Alfa, and others, as it is intends to charter its vessels to regional and international dry bulk operators, commodity traders and other customers primarily on time charters (either index-linked or fixed rate) or voyage charters. Dry bulk vessels of the Company are able to transport such bulks as iron ore, coal, grains and bauxite, as well as other bulks, including but not limited to steel, sugar, fertilizers, cement and scrap metal.
Growing
The company is in a growing phase, with the latest annual income totaling USD 5.31M.
Turnaround to Loss
The company's performance has turned to a loss, with the latest annual loss of USD .
Undervalued
The company’s latest PB is 0.14, at a low 3-year percentile range.
Institutional Buying
The latest institutional holdings are 40.97K shares, increasing 19.92% quarter-over-quarter.
Icon Energy Corp is a Greece-based holding company incorporated in the Republic of Marshall Islands for the purpose of acquiring, owning, chartering and operating dry bulk vessels through its subsidiaries. The Company is engaged in the ocean transportation of dry bulk cargoes worldwide through the ownership and operation of dry bulk vessels, such as the Panamax vessel M/V Alfa, and others, as it is intends to charter its vessels to regional and international dry bulk operators, commodity traders and other customers primarily on time charters (either index-linked or fixed rate) or voyage charters. Dry bulk vessels of the Company are able to transport such bulks as iron ore, coal, grains and bauxite, as well as other bulks, including but not limited to steel, sugar, fertilizers, cement and scrap metal.