Analyzing Himalaya Shipping (NYSE:HSHP) and Icon Energy (NASDAQ:ICON)

Himalaya Shipping (NYSE:HSHP) and Icon Energy (NASDAQ:ICON) are both small-cap transportation companies, but which is the better business? We will compare the two companies based on the strength of their analyst recommendations, institutional ownership, valuation, earnings, risk, dividends and profitability.

Profitability

This table compares Himalaya Shipping and Icon Energy’s net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Himalaya Shipping	13.44%	11.02%	2.04%
Icon Energy	N/A	N/A	N/A

Valuation and Earnings

This table compares Himalaya Shipping and Icon Energy”s revenue, earnings per share (EPS) and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Himalaya Shipping	$131.90 million	5.17	$17.70 million	$0.38	38.44
Icon Energy	$11.26 million	0.08	-$4.20 million	($23.65)	-0.06

Himalaya Shipping has higher revenue and earnings than Icon Energy. Icon Energy is trading at a lower price-to-earnings ratio than Himalaya Shipping, indicating that it is currently the more affordable of the two stocks.

Volatility and Risk

Himalaya Shipping has a beta of 1.38, suggesting that its share price is 38% more volatile than the S&P 500. Comparatively, Icon Energy has a beta of 5.39, suggesting that its share price is 439% more volatile than the S&P 500.

Analyst Ratings

This is a breakdown of recent ratings and target prices for Himalaya Shipping and Icon Energy, as provided by MarketBeat.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Himalaya Shipping	0	1	0	0	2.00
Icon Energy	0	0	0	0	0.00

Institutional and Insider Ownership

22.3% of Himalaya Shipping shares are owned by institutional investors. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a company is poised for long-term growth.

Summary

Himalaya Shipping beats Icon Energy on 10 of the 11 factors compared between the two stocks.

About Himalaya Shipping

Himalaya Shipping Ltd. provides dry bulk shipping services worldwide. The company operates a fleet of vessels. It serves major commodity trading, commodity and energy transition, and multi-modal transport companies. Himalaya Shipping Ltd. was incorporated in 2021 and is based in Hamilton, Bermuda.

About Icon Energy

Iconix Brand Group, Inc. is a brand management company. As of December 31, 2016, the Company owned a portfolio of over 30 global consumer brands across women’s, men’s, and home categories. The Company operates through segments: men’s, women’s, home and international. The Company’s brand portfolio includes brands, such as Candie’s, Bongo, Joe Boxer, Rampage, Mudd, London Fog, Mossimo, Ocean Pacific/OP, Danskin/Danskin Now, Rocawear/Roc Nation, Cannon, Royal Velvet, Fieldcrest, Charisma, Starter, Waverly, Ecko Unltd/Mark Ecko Cut & Sew, Zoo York, Umbro, Lee Cooper and Artful Dodger, and interests in Material Girl, Ed Hardy, Truth or Dare, Modern Amusement, Buffalo, Nick Graham Hydraulic and PONY brands. It operates in various geographic regions, including the United States, Japan and Other (which principally represent Latin America and Europe).