Golden Ocean Group (OTCMKTS:GDOCF) versus Seanergy Maritime (NASDAQ:SHIP) Head-To-Head Review

Seanergy Maritime (NASDAQ:SHIP) and Golden Ocean Group (OTCMKTS:GDOCF) are both industrials companies, but which is the better business? We will compare the two companies based on the strength of their dividends, risk, institutional ownership, profitability, valuation, earnings and analyst recommendations.

Profitability

This table compares Seanergy Maritime and Golden Ocean Group’s net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Seanergy Maritime	30.68%	22.51%	10.34%
Golden Ocean Group	N/A	N/A	N/A

Earnings and Valuation

This table compares Seanergy Maritime and Golden Ocean Group”s revenue, earnings per share (EPS) and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Seanergy Maritime	$158.10 million	2.28	$21.24 million	$2.86	6.03
Golden Ocean Group	N/A	N/A	N/A	N/A	N/A

Seanergy Maritime has higher revenue and earnings than Golden Ocean Group.

Analyst Recommendations

This is a summary of recent ratings for Seanergy Maritime and Golden Ocean Group, as provided by MarketBeat.com.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Seanergy Maritime	0	2	2	0	2.50
Golden Ocean Group	0	0	0	0	0.00

Seanergy Maritime currently has a consensus target price of $25.00, indicating a potential upside of 45.01%. Given Seanergy Maritime’s stronger consensus rating and higher possible upside, analysts plainly believe Seanergy Maritime is more favorable than Golden Ocean Group.

Institutional and Insider Ownership

29.4% of Seanergy Maritime shares are held by institutional investors. 4.7% of Seanergy Maritime shares are held by company insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a company is poised for long-term growth.

Summary

Seanergy Maritime beats Golden Ocean Group on 9 of the 9 factors compared between the two stocks.

About Seanergy Maritime

Seanergy Maritime Holdings Corp., a shipping company, provides seaborne transportation of dry bulk commodities worldwide. It operates a fleet of 16 Capesize dry bulk vessels and one Newcastlemax dry bulk vessel with a cargo-carrying capacity of approximately 3,054,820 dwt. The company was formerly known as Seanergy Merger Corp. and changed its name to Seanergy Maritime Holdings Corp. in July 2008. Seanergy Maritime Holdings Corp. was incorporated in 2008 and is based in Glyfada, Greece.

About Golden Ocean Group

Golden Ocean Group Limited, formerly Knightsbridge Shipping Limited, is an international dry bulk shipping company. The Company is engaged in the transportation of dry bulk cargoes. It owns and operates a fleet of dry bulk carrier vessels, focusing on the Capesize, Panamax and Supramax markets. Its vessels transport a range of major and minor bulk commodities, including ores, coal, grains and fertilizers. Its fleet includes owned vessels, bareboat vessels, chartered vessels, commercial management vessels and newbuildings. It owns over 40 dry bulk carriers and has contracts for approximately 20 newbuildings. It also has over 10 vessels chartered-in (of which over eight are chartered in from Ship Finance and approximately five are chartered in from third parties) and over one vessel is chartered-in through a joint venture. Over six of the vessels are chartered-out on fixed rate time charters and remaining are operated in the spot market or fixed on index-linked time charter contracts.