Seacoast Shipping Share Price Target (2023, 2024, 2025, 2026, 2027, 2028, 2029, 2030) | Seacoast Shipping Services Ltd Businesses, Fundamentals and more.
If you are looking for best Seacoast Shipping Share Price Target, than, you are at the right place.
Seacoast is a penny stocks with a decent fundamentals and financial but as given marvelous returns in past years. It is being expected that the share can be multibagger returns in upcoming years.
So, In this post, we will talk about Seacoast Shipping Share Price Target and we will also analysis the stock in detail, By this, you can decide whether to invest in this share or not. So stay tuned till the end of these blog, let’s get started.
About Seacoast Shipping Services Ltd
Seacoast Shipping Services company is a trusted and dynamic shipping company which has been operating in the maritime industry for a few decades. Seacoast is established with a aim to provide best shipping solutions, by this, the company has earned a strong reputation for its reliable services and commitment to customer for their satisfaction.
As a leading player in the shipping Industry, Seacoast Shipping Services Limited offers a comprehensive range of maritime solutions such as chartering, including vessel, cargo handling, freight forwarding, and logistics services. The vast fleet of modern and well-maintained vessels, the company ensures efficient and timely transportation of goods across various global destinations.
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Seacoast Fundamentals
| Market Cap. | ₹209 Cr |
| P/E ratio | 9.49 |
| EPS | 0.41 |
| ROE | 26.41% |
| Dividend Yield | 2.08% |
| Book Value | 1.51 |
| Debt | ₹28.4 Cr |
| Debt To Equity | 0.46 |
Seacoast Shipping Financial Trends
If we talk about the Revenue and Profit of Seacoast Shipping then –
Its revenue in 2019 has been ₹ 0.27 Cr and profit is ₹ 0.01 Cr. There was a revenue of ₹ 0.52 Cr in 2020 and a profit of ₹ 0.03 Cr. In the same 2021, there was a profit of ₹ 11.1 crore with a revenue of ₹ 243 Cr. And this year i.e. in 2022 there has been a profit of ₹ 2.56 Cr with a revenue of ₹ 128 Cr
Seacoast Shipping Share Price Target Table
| Year | Highest Price | Avarage Price | Lowest Price |
|---|---|---|---|
| Seacoast Shipping Share Price Target 2023 | ₹3.78 | ₹3.58 | ₹3.39 |
| Seacoast Shipping Share Price Target 2024 | ₹4.76 | ₹4.28 | ₹3.83 |
| Seacoast Shipping Share Price Target 2025 | ₹6.00 | ₹5.12 | ₹4.33 |
| Seacoast Shipping Share Price Target 2026 | ₹7.56 | ₹6.12 | ₹4.89 |
| Seacoast Shipping Share Price Target 2027 | ₹9.53 | ₹7.31 | ₹5.53 |
| Seacoast Shipping Share Price Target 2028 | ₹12.00 | ₹8.74 | ₹6.25 |
| Seacoast Shipping Share Price Target 2029 | ₹15.13 | ₹10.44 | ₹7.06 |
| Seacoast Shipping Share Price Target 2030 | ₹19.06 | ₹12.48 | ₹7.98 |
For more details about Seacoast Shipping Share, you can watch this video –
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Seacoast Shipping Share Price Target 2023
The past returns of the stock is very good. It gave 100% returns in the last year and in the last 6 months it gave 15% returns. It is hoped that the highest Seacoast Shipping Share Price Target 2023 can be INR 3.78 and lowest price can be INR 3.39.
Seacoast Shipping Share Price Target 2024
The P/E ratio is 9.49, that is to earn 1 rupees from the stock we need to pay 9.49, which is good deal. While the Return on Investment is 26.41% and Earning Per Share is 0.41, which is good returns. And the best part is, this penny stocks is paying Dividend and its Dividend Yield is 2.08%.
As we can see, the fundamentals of the company is sound good. And is speculating that, in future the EPS will increase to 1.20 which results in Seacoast Shipping Share Price Target 2024 of INR 4.28 with a highest and lowest price of INR 4.76 and INR 3.83.
Seacoast Shipping Share Price Target 2025
The financials of the company are not that good, It had negligible profit in 2019 and 2020. But it got good profit in 2021 but in 2022 it got very less profit. And it is being forecasted by experts that in 2023 it can be very profitable, due to which a good rally will be seen in the share price.
By 2025, the company can be seen expanding its business significantly, due to which its profit will also increase. Due to this, experts are forecasting that Seacoast Shipping Share Price Target 2025 can be INR 6 and lowest price can be INR 4.33.
Seacoast Shipping Share Price Target 2030
The company has a debt of 28.4 Cr, which is almost half of its Assets, that is its neither good nor bad. But Seacoast Shipping has to focus on reducing the debt because most of the profit share is used to pay the interest of the debt, due to which it is not able to make good profit. So Considering all these things, we can expect that, Seacoast Shipping Share Price Target 2030 can be INR 12.48 with a highest and lowest price of INR 19.06 and INR 7.98 respectively.
Conclusion
The Shipping industry is growing rapidly, which means companies which is related to this sector have good potential for future profits. If you’re thinking of investing in Seacoast Shipping shares, keep in mind that the company’s financials may not be great right now, but they are improving slowly.
So, it’s better to consider this investment for the long term instead of expecting quick profit. But before investing at any price, make sure to analyze the stocks yourself or consult a financial advisor befor making any investment decisions.
FAQs
Is Seacoast Shipping Debt free company?
No, the company “Seacoast Shipping” has a huge debt of ₹28.4 crore and its debt to equity ratio is 0.46.
When is it right to invest in Seacoast Shipping share?
Whenever you get undervalued shares of Seacoast Shipping or if there is a slight decline in the stock, then you can invest in it. Or you can invest small amount every month in this stock.
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