- Despite its growing revenue, the company underperformed as compared with the industry average of 9.5%. Since the same quarter one year prior, revenues slightly increased by 2.5%. This growth in revenue does not appear to have trickled down to the company's bottom line, displayed by a decline in earnings per share.
- ISH's debt-to-equity ratio of 0.61 is somewhat low overall, but it is high when compared to the industry average, implying that the management of the debt levels should be evaluated further. Regardless of the somewhat mixed results with the debt-to-equity ratio, the company's quick ratio of 0.86 is weak.
- The company's current return on equity has slightly decreased from the same quarter one year prior. This implies a minor weakness in the organization. Compared to other companies in the Marine industry and the overall market on the basis of return on equity, INTL SHIPHOLDING CORP underperformed against that of the industry average and is significantly less than that of the S&P 500.
- INTL SHIPHOLDING CORP has experienced a steep decline in earnings per share in the most recent quarter in comparison to its performance from the same quarter a year ago. Earnings per share have declined over the last two years. We anticipate that this should continue in the coming year. During the past fiscal year, INTL SHIPHOLDING CORP reported lower earnings of $2.03 versus $3.06 in the prior year. For the next year, the market is expecting a contraction of 66.5% in earnings ($0.68 versus $2.03).
- The company, on the basis of change in net income from the same quarter one year ago, has significantly underperformed when compared to that of the S&P 500 and the Marine industry. The net income has significantly decreased by 135.7% when compared to the same quarter one year ago, falling from $1.86 million to -$0.66 million.
Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer or Stephanie Link. The Transportation industry as a whole closed the day down 0.6% versus the S&P 500, which was down 0.2%. Laggards within the Transportation industry included Patriot Transportation Holdings ( PATR), down 1.7%, Guangshen Railway ( GSH), down 1.6%, International Shipholding ( ISH), down 4.1%, Diana Containerships ( DCIX), down 3.0% and FreeSeas ( FREE), down 6.2%. TheStreet Ratings Group would like to highlight 3 stocks that pushed the industry lower today: International Shipholding ( ISH) is one of the companies that pushed the Transportation industry lower today. International Shipholding was down $0.87 (4.1%) to $20.56 on heavy volume. Throughout the day, 43,426 shares of International Shipholding exchanged hands as compared to its average daily volume of 22,600 shares. The stock ranged in price between $20.50-$21.50 after having opened the day at $21.32 as compared to the previous trading day's close of $21.43. International Shipholding Corporation, through its subsidiaries, provides maritime transportation services to commercial and governmental customers primarily under the medium to long-term time charters or contracts of affreightment in the United States and internationally. International Shipholding has a market cap of $161.4 million and is part of the services sector. Shares are down 27.4% year-to-date as of the close of trading on Wednesday. Currently there is 1 analyst who rates International Shipholding a buy, no analysts rate it a sell, and none rate it a hold. STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more. TheStreet Ratings rates International Shipholding as a hold. The company's strengths can be seen in multiple areas, such as its revenue growth and largely solid financial position with reasonable debt levels by most measures. However, as a counter to these strengths, we also find weaknesses including a generally disappointing performance in the stock itself, feeble growth in the company's earnings per share and deteriorating net income. Highlights from TheStreet Ratings analysis on ISH go as follows: