Pyxis Tankers (NASDAQ: PXS) and Tsakos Energy Navigation (NYSE:TNP) are both small-cap transportation companies, but which is the superior business? We will contrast the two businesses based on the strength of their valuation, profitability, dividends, analyst recommendations, earnings, institutional ownership and risk.
Tsakos Energy Navigation pays an annual dividend of $0.20 per share and has a dividend yield of 4.6%. Pyxis Tankers does not pay a dividend. Tsakos Energy Navigation pays out 95.2% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future.
Earnings and Valuation
This table compares Pyxis Tankers and Tsakos Energy Navigation’s gross revenue, earnings per share and valuation.
|Gross Revenue||Price/Sales Ratio||NetIncome||Earnings Per Share||Price/Earnings Ratio|
|Pyxis Tankers||$30.71 million||1.06||-$5.81 million||($0.52)||-3.42|
|Tsakos Energy Navigation||$481.79 million||0.76||$55.78 million||$0.21||20.62|
Tsakos Energy Navigation has higher revenue and earnings than Pyxis Tankers. Pyxis Tankers is trading at a lower price-to-earnings ratio than Tsakos Energy Navigation, indicating that it is currently the more affordable of the two stocks.
This is a summary of current ratings and price targets for Pyxis Tankers and Tsakos Energy Navigation, as provided by MarketBeat.
|Sell Ratings||Hold Ratings||Buy Ratings||Strong Buy Ratings||Rating Score|
|Tsakos Energy Navigation||0||2||7||0||2.78|
Pyxis Tankers presently has a consensus target price of $3.25, indicating a potential upside of 82.58%. Tsakos Energy Navigation has a consensus target price of $5.75, indicating a potential upside of 32.79%. Given Pyxis Tankers’ stronger consensus rating and higher probable upside, analysts plainly believe Pyxis Tankers is more favorable than Tsakos Energy Navigation.
Institutional and Insider Ownership
0.1% of Pyxis Tankers shares are held by institutional investors. Comparatively, 26.5% of Tsakos Energy Navigation shares are held by institutional investors. 1.0% of Tsakos Energy Navigation shares are held by insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a company will outperform the market over the long term.
Risk and Volatility
Pyxis Tankers has a beta of 5.86, suggesting that its stock price is 486% more volatile than the S&P 500. Comparatively, Tsakos Energy Navigation has a beta of 1.61, suggesting that its stock price is 61% more volatile than the S&P 500.
This table compares Pyxis Tankers and Tsakos Energy Navigation’s net margins, return on equity and return on assets.
|Net Margins||Return on Equity||Return on Assets|
|Tsakos Energy Navigation||6.86%||2.39%||1.04%|
Tsakos Energy Navigation beats Pyxis Tankers on 10 of the 15 factors compared between the two stocks.
About Pyxis Tankers
Pyxis Tankers Inc. is a holding company. The Company is an international maritime transportation company focused on the product tanker sector. It owns a fleet of six double hull product tankers: Pyxis Epsilon with carrying capacity of approximately 50,300 deadweight tonnage (dwt); Pyxis Theta with carrying capacity of approximately 51,800 dwt, Pyxis Malou with carrying capacity of over 50,670 dwt; Pyxis Delta with carrying capacity of approximately 46,620 dwt; Northsea Beta with carrying capacity of over 8,650 dwt, and Northsea Alpha with carrying capacity of approximately 8,615 dwt. Four of the Company’s vessels in the fleet are medium-range (MR), product tankers, three have eco-efficient or eco-modified designs, and two of them are short-range tanker sister ships. Its fleet is capable of transporting refined petroleum products, such as naphtha, gasoline, jet fuel, kerosene, diesel and fuel oil, as well as other liquid bulk items, such as vegetable oils and organic chemicals.
About Tsakos Energy Navigation
Tsakos Energy Navigation Ltd is a provider of international seaborne crude oil and petroleum product transportation services. The Company operates through maritime transportation of liquid energy related products segment. It operates a fleet of approximately 57 modern crude oil and petroleum product tankers that provide marine transportation services for national and other independent oil companies and refiners under long, medium and short-term charters. Its fleet also includes a liquefied natural gas (LNG) carrier and over two shuttle suezmax tankers with dynamic positioning technology (DP2). This fleet diversity includes a range of sister ships. The Company’s fleet consists of 65 double-hull vessels totaling 7.2 million deadweight tonnage. Its diversified fleet, which includes VLCC, suezmax, aframax, panamax, handysize, handymax tankers, LNG carrier and DP2 shuttle tankers, allows it to serve its customers’ international petroleum product and crude oil transportation needs.
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