According to
Zen Ratings, our proprietary rating system that evaluates 115 factors proven to drive growth in stocks and assigns each stock in our system an overall letter grade as well as 7 individual Component Grades for Value, Growth, Momentum, Sentiment, Safety, Financials, and proprietary AI algorithms, the 3 best shipping stocks to buy right now are:
1. Okeanis Eco Tankers (NYSE:ECO)
The Component Grade breakdown for Okeanis Eco Tankers (NYSE:ECO) is: Value: B, Growth: C, Momentum: B, Sentiment: B, Safety: C, Financials: B, and AI: A.
Okeanis Eco Tankers (NYSE:ECO) has a Due Diligence Score of 25, which is -2 points lower than the shipping industry average of 27. Although this number is below the industry average, our proven quant model rates ECO as a "A".
ECO passed 10 out of 38 due diligence checks and has weak fundamentals. Okeanis Eco Tankers has seen its stock return 63.64% over the past year, overperforming other shipping stocks by 78 percentage points.
Okeanis Eco Tankers has an average 1 year
price target of $37.00, an upside of 2.27% from Okeanis Eco Tankers's current stock price of $36.18.
Okeanis Eco Tankers stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 2 analysts covering Okeanis Eco Tankers, 100% have issued a Strong Buy rating, 0% have issued a Buy, 0% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.
2. Seanergy Maritime Holdings (NASDAQ:SHIP)
The Component Grade breakdown for Seanergy Maritime Holdings (NASDAQ:SHIP) is: Value: B, Growth: C, Momentum: B, Sentiment: A, Safety: D, Financials: C, and AI: A.
Seanergy Maritime Holdings (NASDAQ:SHIP) has a Due Diligence Score of 35, which is 8 points higher than the shipping industry average of 27.
SHIP passed 13 out of 38 due diligence checks and has average fundamentals. Seanergy Maritime Holdings has seen its stock return 41.02% over the past year, overperforming other shipping stocks by 55 percentage points.
3. Kirby (NYSE:KEX)
Kirby (NYSE:KEX) is the #3 top shipping stock out of 45 with a Zen Rating of B. Stocks with a rating of B have had an average return of +19.88% per year.
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The Component Grade breakdown for Kirby (NYSE:KEX) is: Value: C, Growth: B, Momentum: C, Sentiment: C, Safety: A, Financials: B, and AI: C.
Kirby (NYSE:KEX) has a Due Diligence Score of 41, which is 14 points higher than the shipping industry average of 27.
KEX passed 14 out of 33 due diligence checks and has strong fundamentals. Kirby has seen its stock lose -7.76% over the past year, overperforming other shipping stocks by 6 percentage points.
Kirby has an average 1 year
price target of $120.50, an upside of 7.95% from Kirby's current stock price of $111.63.
Kirby stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 4 analysts covering Kirby, 75% have issued a Strong Buy rating, 25% have issued a Buy, 0% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.