Seaspan Co. (NYSE:SSW), China Zenix Auto International (NYSE:ZX), The St. Joe Company (NYSE:JOE), Pandora Media (NYSE:P), Assured Guaranty Ltd (NYSE:AGO) and Enduro Royalty Trust (NYSE:NDRO) were the biggest gainers on the NYSE, Tuesday, December 13.
Seaspan Co. (SSW) ended the day up 16.27 percent, closing at $12.15. They traded in a range of $11.77 to $13.92. A total of 3,448,035 shares of the stock were traded.
China Zenix Auto International (ZX) ended the day up 16.01 percent, closing at $3.26. They traded in a range of $3.00 to $3.36. A total of 60,129 shares of the stock were traded.
The St. Joe Company (JOE) ended the day up 9.14 percent, closing at $15.65. They traded in a range of $14.39 to $16.46. A total of 2,618,122 shares of the stock were
traded.
Pandora Media (P) ended the day up 7.05 percent, closing at $10.63. They traded in a range of $10.02 to $10.86. A total of 2,630,113 shares of the stock were traded.
Assured Guaranty Ltd (AGO) ended the day up 5.49 percent, closing at $13.45. They traded in a range of 13.22 to $13.67. A total of 4,261,753 shares of the stock were traded.
Enduro Royalty Trust (NDRO) ended the day up 4.85 percent, closing at $19.87. They traded in a range of $19.03 to $19.89. A total of 290,821 shares of the stock were traded.
Showing posts with label Seaspan. Show all posts
Showing posts with label Seaspan. Show all posts
Wednesday, December 14, 2011
Monday, August 8, 2011
Seaspan (SSW) (CNP) (SBH) (CPTS) (RIG) (BYD) Upgraded
Seaspan (NYSE: SSW), CenterPoint Energy, Inc.(CNP) (NYSE: SBH), Conceptus, Inc. (NASDAQ: CPTS), Transocean (NYSE: RIG) and Boyd Gaming (NYSE: BYD) upgraded by analysts.
Seaspan Co. (SSW) was upgraded by Cantor Fitzgerald from a “Hold” rating to a “Buy” rating. They have a price target of $18.00 on the company.
CenterPoint Energy, Inc. (CNP) was upgraded by Deutsche Bank (NYSE:DB) from a “Hold” rating to a “Buy” rating.
Sally Beauty Holdings Inc. (SBH) was upgraded by Caris & Company from an “Above Average” rating to a “Buy” rating. They have a price target of $21.00 on the company.
Conceptus, Inc. (CPTS) was upgraded by Raymond James (NYSE:RJF) from a “Market Perform” rating to an “Outperform” rating. They have a price target of $15.00 on the company.
Transocean (RIG) was upgraded by Global Hunter Securities from a “Neutral” rating to an “Accumulate” rating. They have a price target of $63.00 on the company.
Boyd Gaming (BYD) was upgraded by Goldman Sachs (NYSE:GS) from a “Sell” rating to a “Neutral” rating.
Seaspan Co. (SSW) was upgraded by Cantor Fitzgerald from a “Hold” rating to a “Buy” rating. They have a price target of $18.00 on the company.
CenterPoint Energy, Inc. (CNP) was upgraded by Deutsche Bank (NYSE:DB) from a “Hold” rating to a “Buy” rating.
Sally Beauty Holdings Inc. (SBH) was upgraded by Caris & Company from an “Above Average” rating to a “Buy” rating. They have a price target of $21.00 on the company.
Conceptus, Inc. (CPTS) was upgraded by Raymond James (NYSE:RJF) from a “Market Perform” rating to an “Outperform” rating. They have a price target of $15.00 on the company.
Transocean (RIG) was upgraded by Global Hunter Securities from a “Neutral” rating to an “Accumulate” rating. They have a price target of $63.00 on the company.
Boyd Gaming (BYD) was upgraded by Goldman Sachs (NYSE:GS) from a “Sell” rating to a “Neutral” rating.
Monday, January 3, 2011
Seaspan (NYSE:SSW), Danaos (NYSE:DAC), Costamare (Nasdaq:CMRE) Have Limited Near-term Upside to Earnings
With day rates and asset values expected to rebound in 2011, FBR sees containership improving going forward, although in the near term companies like Seaspan (NYSE:SSW), Danaos (NYSE:DAC) and Costamare (Nasdaq:CMRE) will have limited upside to earnings until day rates improve.
FBR said, "We believe the containership market is poised for another improved year in 2011 as world trade resumes at a nearly 10% growth rate, ahead of expected new supply growth of 8%. The laid-up capacity (more than 10% at the peak) has almost entirely been reabsorbed by the market. Slow-steaming to save on fuel costs should continue to create incremental demand for vessels and reduce vessel efficiency. Increased box production should also help containerized trade reach new record levels again in 2011 and 2012. While some are concerned about potentially less-robust trade from the Chinese economy impacting the Transpacific route, surprisingly strong Latin American demand should help offset any weakness on North-South routes. We expect liners, owners, and investors to bid up charter rates and asset prices in anticipation of a potentially undersupplied environment in late 2012 or 2013.
"Containership companies. Seaspan, Danaos, and Costamare all have multiyear charters and limited near-term upside to earnings from recovering day rates. Euroseas (roughly half dry bulk and half containerships) has several containership vessels that should reprice in 2011 from levels that are below market and in some cases below operating costs."
Seaspan was trading at $12.93, up $0.51, or 4.11 percent, as of 11:49 AM EST. Danaos was at $3.76, up $0.02, or 0.53 percent. Costmare Inc. was trading at $14.65, up 0.19, or 1.31 percent.
FBR said, "We believe the containership market is poised for another improved year in 2011 as world trade resumes at a nearly 10% growth rate, ahead of expected new supply growth of 8%. The laid-up capacity (more than 10% at the peak) has almost entirely been reabsorbed by the market. Slow-steaming to save on fuel costs should continue to create incremental demand for vessels and reduce vessel efficiency. Increased box production should also help containerized trade reach new record levels again in 2011 and 2012. While some are concerned about potentially less-robust trade from the Chinese economy impacting the Transpacific route, surprisingly strong Latin American demand should help offset any weakness on North-South routes. We expect liners, owners, and investors to bid up charter rates and asset prices in anticipation of a potentially undersupplied environment in late 2012 or 2013.
"Containership companies. Seaspan, Danaos, and Costamare all have multiyear charters and limited near-term upside to earnings from recovering day rates. Euroseas (roughly half dry bulk and half containerships) has several containership vessels that should reprice in 2011 from levels that are below market and in some cases below operating costs."
Seaspan was trading at $12.93, up $0.51, or 4.11 percent, as of 11:49 AM EST. Danaos was at $3.76, up $0.02, or 0.53 percent. Costmare Inc. was trading at $14.65, up 0.19, or 1.31 percent.
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