Eneti Inc

Company Profile

Eneti Inc had its IPO on 2013-12-12 under the ticker symbol NETI.

The company operates in the Industrials sector and Marine Shipping industry. Eneti Inc has a staff strength of 286 employees.

Stock update

Shares of Eneti Inc opened at $10.55 at the start of the last trading session i.e. 2023-09-12.

The stocks traded within a range of $10.36 - $10.57, and closed at $10.42.

This is a +1.76% increase from the previous day's closing price.

A total volume of 129,630 shares were traded at the close of the day’s session.

In the last one week, shares of Eneti Inc have slipped by -7.87%.

Eneti Inc's Key Ratios

Eneti Inc has a market cap of $407.34 million, indicating a price to book ratio of 0.5259 and a price to sales ratio of 2.1844.

In the last 12-months Eneti Inc’s revenue was $168.27 million with a gross profit of $119.97 million and an EBITDA of $48.96 million. The EBITDA ratio measures Eneti Inc's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, Eneti Inc’s operating margin was 14.67% while its return on assets stood at 1.98% with a return of equity of -2.79%.

In Q2, Eneti Inc’s quarterly earnings growth was a positive 13% while revenue growth was a negative 36.6%.

Eneti Inc’s PE and PEG Ratio

Forward PE

18.6567

Trailing PE

0

PEG

0

Its diluted EPS in the last 12-months stands at $-0.54 per share while it has a forward price to earnings multiple of 18.6567 and a PEG multiple of 0. A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Eneti Inc’s profitability.

Eneti Inc stock is trading at a EV to sales ratio of 1.8933 and a EV to EBITDA ratio of 3.9772. Its price to sales ratio in the trailing 12-months stood at 2.1844.

Eneti Inc stock pays annual dividends of $0.04 per share, indicating a yield of 0.39% and a payout ratio of 0%.

Balance sheet and cash flow metrics

Total Assets

$758.41 million

Total Liabilities

$44.71 million

Operating Cash Flow

$0

Capital Expenditure

$39.18 million

Dividend Payout Ratio

0%

Eneti Inc ended 2024 with $758.41 million in total assets and $0 in total liabilities. Its intangible assets were valued at $758.41 million while shareholder equity stood at $651.40 million.

Eneti Inc ended 2024 with $0 in deferred long-term liabilities, $44.71 million in other current liabilities, 1136000.00 in common stock, $-1399721000.00 in retained earnings and $0 in goodwill. Its cash balance stood at $77.30 million and cash and short-term investments were $77.30 million. The company’s total short-term debt was $12,072,000 while long-term debt stood at $46.20 million.

Eneti Inc’s total current assets stands at $128.54 million while long-term investments were $0 and short-term investments were $0. Its net receivables were $30.57 million compared to accounts payable of $17.78 million and inventory worth $5.01 million.

In 2024, Eneti Inc's operating cash flow was $0 while its capital expenditure stood at $39.18 million.

Comparatively, Eneti Inc paid $0 in dividends in 2024.

Other key metrics

Current Trading Price

$10.42

52-Week High

$13.5272

52-Week Low

$6.5923

Analyst Target Price

$14.5

Eneti Inc stock is currently trading at $10.42 per share. It touched a 52-week high of $13.5272 and a 52-week low of $13.5272. Analysts tracking the stock have a 12-month average target price of $14.5.

Its 50-day moving average was $11.81 and 200-day moving average was $10.3 The short ratio stood at 3.21 indicating a short percent outstanding of 0%.

Around 2877.1% of the company’s stock are held by insiders while 3710% are held by institutions.