Investors Smitten By Seaspan Corporation (SSW), SSR Mining Inc. (SSRM)

3 analysts out of 9 Wall Street brokerage firms rate Seaspan Corporation (NYSE:SSW) as a Buy, while 2 see it as a Sell. The rest 4 describe it as a Hold. SSW stock traded higher to an intra-day high of $8.25. At one point in session, its potential discontinued and the price was down to lows at $7.9. Analysts have set SSW’s consensus price at $8.69, effectively giving it a 9.72% projection on returns. Should the projected estimates be met, then the stock will likely hit its highest price at $11 (up 38.89% from current price levels). SSW has a 9.6% ROE, higher than the -12.49% average for the industry. The average ROE for the sector is 11.71%.

It is expected that in Mar 2019 quarter SSW will have an EPS of $0.19, suggesting a 46.15% growth. For Jun 2019 is projected at $0.2. It means that there could be a -13.04% growth in the quarter. Yearly earnings are expected to rise by -25.41% to about $0.91. As for the coming year, growth will be about 10.99%, lifting earnings to $1.01. RSI after the last trading period was 33.62. SSW recorded a change of -4.69% over the past week and returned -16.01% over the last three months while the SSW stock’s monthly performance revealed a shift in price of -8.23%. The year to date (YTD) performance stands at 1.15%, and the bi-yearly performance specified an activity trend of -12.1% while the shares have moved 43.22% for the past 12 months.

Seaspan Corporation (SSW) currently trades at $7.92, which is lower by -3.41% its previous price. It has a total of 224.07 million outstanding shares, with an ATR of around 0.3. The company’s stock volume dropped to 1.17 million, worse than 801.86 thousands that represents its 50-day average. A 5-day decrease of about -4.69% in its price means SSW is now 1.15% higher on year-to-date. The shares had marked a $10.72 52-week high price and the 52 week low of $5.71. Overall, it has seen a growth rate of 43.22 over the last 12 months.

Seaspan Corporation (NYSE:SSW)’s EPS was $0.25 as reported for the December quarter. In comparison, the same quarter a year ago had an EPS of $0.16. That means that its growth in general now stands at 56%. Therefore, a prediction of $0.29 given by the analysts brought a negative surprise of -14.%. SSW Dec 19 quarter revenue was $294.91 million, compared to $214.38 million recorded in same quarter last year, giving it a 38% growth rate. The company’s $80.53 million revenue growth that quarter surprised Wall Street and investors will need to consider this as they assess the stock.

SSR Mining Inc. (NASDAQ:SSRM) shares depreciated -5.04% over the last trading period, taking overall 5-day performance up to -6.27%. SSRM’s price now at $13 is weaker than the 50-day average of $13.27. Getting the trading period increased to 200 days, the stock price was seen at $10.85 on average. The general public currently hold control of a total of 117.22 million shares, which is the number publicly available for trading. The total of shares that it has issued to investors is 117.22 million. The company’s management holds a total of 3.3%, while institutional investors hold about 55.9% of the remaining shares. SSRM share price finished last trade -6.81% below its 20 day simple moving average and its upbeat gap from 200 day simple moving average is 19.94%, while closing the session with -1.89% distance from 50 day simple moving average.

SSR Mining Inc. (SSRM) shares were last observed trading -14.3% down the peak of $15.17. Last month’s price growth of -3.85% puts SSRM performance for the year now at 7.53%. Consequently, the shares price is trending higher by 60.3%, a 52-week worst price. However, it is regaining value with 54.58% in the last 6 months. From a technical perspective, it appears more likely that the stock will experience a Bull Run market as a result of the strong support seen recently between $12.59 and $12.8. The immediate resistance area is now $13.4 Williams’s %R (14) for SSRM moved to 99.4 while the stochastic %K points at 34.79.

SSRM’s beta is -0.51; meaning investors could reap lower returns, although it also poses lower risks. The company allocated $0.05 per share from its yearly profit to its outstanding shares. Its last reported revenue is $103.71 million, which was -2% versus $106 million in the corresponding quarter last year. The EPS for Dec 19 quarter came in at $0.04 compared to $0.02 in the year-ago quarter and had represented 100% year-over-year earnings per share growth.

Estimated quarterly earnings for SSR Mining Inc. (NASDAQ:SSRM) are around $0.06 per share in three months through March with $0.06 also the estimate for June quarter of the fiscal year. It means the growth is estimated at 20% and -40%, respectively. Analysts estimate full-year growth to be 26.09%, the target being $0.29 a share. The upcoming year will see an increase in growth by percentage to 72.41%, more likely to see it hit the $0.5 per share. The firm’s current profit margin over the past 12 months is 1.5%.