+Compare
NETI
Stock ticker: NYSE
AS OF
Loading...
Price
Loading...
Change
Loading...
Capitalization
403.09M

NETI Eneti Forecast, Technical & Fundamental Analysis

a company which focuses on the ownership and operation of a fleet of modern mid to large-size dry bulk carriers

Technical Analysis# Of IndicatorsAvg. Odds
   
   
Show details...
A.I.Advisor
a Summary for NETI with price predictions
07:00 PM EST Nov 30, 2023

NETI's RSI Oscillator peaks and leaves overbought zone

The 10-day RSI Oscillator for NETI moved out of overbought territory on December 01, 2023. This could be a sign that the stock is shifting from an upward trend to a downward trend. Traders may want to look at selling the stock or buying put options. Tickeron's A.I.dvisor looked at 25 instances where the indicator moved out of the overbought zone. In of the 25 cases the stock moved lower in the days that followed. This puts the odds of a move down at .

Price Prediction Chart

Technical Analysis (Indicators)

Bearish Trend Analysis

The Stochastic Oscillator demonstrated that the ticker has stayed in the overbought zone for 4 days. The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.

Following a 3-day decline, the stock is projected to fall further. Considering past instances where NETI declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .

NETI broke above its upper Bollinger Band on November 30, 2023. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options.

Bullish Trend Analysis

The Momentum Indicator moved above the 0 level on November 17, 2023. You may want to consider a long position or call options on NETI as a result. In of 88 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .

The Moving Average Convergence Divergence (MACD) for NETI just turned positive on November 17, 2023. Looking at past instances where NETI's MACD turned positive, the stock continued to rise in of 48 cases over the following month. The odds of a continued upward trend are .

NETI moved above its 50-day moving average on November 24, 2023 date and that indicates a change from a downward trend to an upward trend.

The 10-day moving average for NETI crossed bullishly above the 50-day moving average on November 24, 2023. This indicates that the trend has shifted higher and could be considered a buy signal. In of 18 past instances when the 10-day crossed above the 50-day, the stock continued to move higher over the following month. The odds of a continued upward trend are .

Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where NETI advanced for three days, in of 292 cases, the price rose further within the following month. The odds of a continued upward trend are .

The Aroon Indicator entered an Uptrend today. In of 172 cases where NETI Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .

Fundamental Analysis (Ratings)

Fear & Greed

The Tickeron PE Growth Rating for this company is (best 1 - 100 worst), pointing to outstanding earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.

The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating steady price growth. NETI’s price grows at a higher rate over the last 12 months as compared to S&P 500 index constituents.

The Tickeron Seasonality Score of (best 1 - 100 worst) indicates that the company is fair valued in the industry. The Tickeron Seasonality score describes the variance of predictable price changes around the same period every calendar year. These changes can be tied to a specific month, quarter, holiday or vacation period, as well as a meteorological or growing season.

The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is fair valued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (0.600) is normal, around the industry mean (0.998). P/E Ratio (5.212) is within average values for comparable stocks, (8.660). NETI's Projected Growth (PEG Ratio) (0.000) is very low in comparison to the industry average of (0.374). Dividend Yield (0.004) settles around the average of (0.154) among similar stocks. P/S Ratio (2.517) is also within normal values, averaging (1.473).

The Tickeron SMR rating for this company is (best 1 - 100 worst), indicating weak sales and an unprofitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.

The Tickeron Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating that the returns do not compensate for the risks. NETI’s unstable profits reported over time resulted in significant Drawdowns within these last five years. A stable profit reduces stock drawdown and volatility. The average Profit vs. Risk Rating rating for the industry is 65, placing this stock worse than average.

A.I.Advisor
published Highlights

Notable companies

The most notable companies in this group are Nordic American Tanker (NYSE:NAT).

Industry description

The marine shipping industry provides passenger transportation or cargo shipping services via waterways. This industry includes freight towage, ferry services and warehousing on deep-sea and inland waterways. The aviation sector may have reduced the popularity of sea travel for several passengers, but it is still in demand for short trips and pleasure cruises. Teekay Offshore Partners L.P. Cum Red Perp Pfd., Kirby Corporation and Seaspan Corporation are some of the well-known names in the business.

Market Cap

The average market capitalization across the Marine Shipping Industry is 4.41B. The market cap for tickers in the group ranges from 1.87K to 40.18B. HPGLY holds the highest valuation in this group at 40.18B. The lowest valued company is PRGNF at 1.87K.

High and low price notable news

The average weekly price growth across all stocks in the Marine Shipping Industry was 3%. For the same Industry, the average monthly price growth was 7%, and the average quarterly price growth was 14%. DLPTF experienced the highest price growth at 29%, while SITIY experienced the biggest fall at -12%.

Volume

The average weekly volume growth across all stocks in the Marine Shipping Industry was 105%. For the same stocks of the Industry, the average monthly volume growth was 88% and the average quarterly volume growth was 28%

Fundamental Analysis Ratings

The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows

Valuation Rating: 28
P/E Growth Rating: 55
Price Growth Rating: 53
SMR Rating: 55
Profit Risk Rating: 65
Seasonality Score: 18 (-100 ... +100)
View a ticker or compare two or three
Technical Analysis# Of IndicatorsAvg. Odds
   
   
Show details...
Ad is loading...
A.I. Advisor
published Earnings

NETI is expected to report earnings to fall 68.86% to 15 cents per share on January 29

Eneti NETI Stock Earnings Reports
Q4'23
Est.
$0.15
Q3'23
Beat
by $0.19
Q2'23
Est.
$0.08
Q1'23
Beat
by $0.36
Q4'22
Beat
by $0.50
The last earnings report on November 14 showed earnings per share of 49 cents, beating the estimate of 30 cents. With 459.35K shares outstanding, the current market capitalization sits at 403.09M.
A.I.Advisor
published Dividends

NETI is expected to pay dividends on December 15, 2023

Eneti NETI Stock Dividends
A dividend of $0.01 per share will be paid with a record date of December 15, 2023, and an ex-dividend date of November 28, 2023. The last dividend of $0.01 was paid on September 15. Read more...
A.I. Advisor
published General Information

General Information

a company which focuses on the ownership and operation of a fleet of modern mid to large-size dry bulk carriers

Industry MarineShipping

Profile
Fundamentals
Details
Industry
Marine Shipping
Address
Le Millenium 9
Phone
+377 97985715
Employees
286
Web
https://www.eneti-inc.com
Interesting Tickers
1D
1W
1M
1Q
6M
1Y
5Y
1 Day
MFs / NAMEPrice $Chg $Chg %
IYEFX8.970.16
+1.82%
Delaware Climate Solutions R
TSOHX12.730.11
+0.87%
TIAA-CREF Social Choice Intl Eq Advisor
RAIWX22.190.18
+0.82%
Manning & Napier Rainier Intl Discv W
FABCX25.330.17
+0.68%
Fidelity Advisor® Balanced C
ACEHX640.963.58
+0.56%
Invesco Exchange

NETI and

Correlation & Price change

A.I.dvisor indicates that over the last year, NETI has been loosely correlated with GOGL. These tickers have moved in lockstep 54% of the time. This A.I.-generated data suggests there is some statistical probability that if NETI jumps, then GOGL could also see price increases.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To NETI
1D Price
Change %
NETI100%
-2.12%
GOGL - NETI
54%
Loosely correlated
+2.54%
ASC - NETI
44%
Loosely correlated
+5.00%
NMM - NETI
43%
Loosely correlated
+1.24%
SFL - NETI
42%
Loosely correlated
+1.50%
GNK - NETI
40%
Loosely correlated
+3.93%
More

Groups containing NETI

Correlation & Price change

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To NETI
1D Price
Change %
NETI100%
-2.12%
dry-bulk
(undefined stocks)
61%
Loosely correlated
+1.51%
marine
(undefined stocks)
47%
Loosely correlated
+2.25%
europe
(undefined stocks)
26%
Poorly correlated
+1.81%
Transportation
(undefined stocks)
19%
Poorly correlated
+1.36%
Marine Shipping
(undefined stocks)
13%
Poorly correlated
+1.35%