Critical Survey: Euronav (NYSE:CMBT) versus Pangaea Logistics Solutions (NASDAQ:PANL)

Euronav (NYSE:CMBT) and Pangaea Logistics Solutions (NASDAQ:PANL) are both transportation companies, but which is the superior business? We will compare the two companies based on the strength of their earnings, dividends, risk, institutional ownership, valuation, profitability and analyst recommendations.

Earnings and Valuation

This table compares Euronav and Pangaea Logistics Solutions”s revenue, earnings per share and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Euronav	$1.24 billion	N/A	$858.03 million	$5.93	1.77
Pangaea Logistics Solutions	$521.24 million	0.49	$26.32 million	$0.47	11.55

Euronav has higher revenue and earnings than Pangaea Logistics Solutions. Euronav is trading at a lower price-to-earnings ratio than Pangaea Logistics Solutions, indicating that it is currently the more affordable of the two stocks.

Dividends

Euronav pays an annual dividend of $0.53 per share and has a dividend yield of 5.0%. Pangaea Logistics Solutions pays an annual dividend of $0.40 per share and has a dividend yield of 7.4%. Euronav pays out 8.9% of its earnings in the form of a dividend. Pangaea Logistics Solutions pays out 85.1% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future.

Profitability

This table compares Euronav and Pangaea Logistics Solutions’ net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Euronav	117.02%	22.29%	10.17%
Pangaea Logistics Solutions	4.14%	7.88%	4.16%

Institutional and Insider Ownership

60.2% of Pangaea Logistics Solutions shares are owned by institutional investors. 16.7% of Pangaea Logistics Solutions shares are owned by company insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a company will outperform the market over the long term.

Risk and Volatility

Euronav has a beta of -0.12, suggesting that its share price is 112% less volatile than the S&P 500. Comparatively, Pangaea Logistics Solutions has a beta of 0.84, suggesting that its share price is 16% less volatile than the S&P 500.

Analyst Recommendations

This is a summary of recent ratings and price targets for Euronav and Pangaea Logistics Solutions, as provided by MarketBeat.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Euronav	0	0	0	0	0.00
Pangaea Logistics Solutions	0	0	1	0	3.00

Pangaea Logistics Solutions has a consensus price target of $10.25, suggesting a potential upside of 88.77%. Given Pangaea Logistics Solutions’ stronger consensus rating and higher probable upside, analysts plainly believe Pangaea Logistics Solutions is more favorable than Euronav.

Summary

Pangaea Logistics Solutions beats Euronav on 8 of the 15 factors compared between the two stocks.

About Euronav

Euronav NV, together with its subsidiaries, engages in the transportation and storage of crude oil worldwide. The company offers floating, storage, and offloading (FSO) services. It also owns and operates a fleet of vessels. The company was incorporated in 2003 and is headquartered in Antwerp, Belgium. As of March 15, 2024, Euronav NV operates as subsidiary of CMB NV.

About Pangaea Logistics Solutions

Pangaea Logistics Solutions, Ltd., together with its subsidiaries, provides seaborne dry bulk logistics and transportation services to industrial customers worldwide. It offers various dry bulk cargoes, such as grains, coal, iron ore, pig iron, hot briquetted iron, bauxite, alumina, cement clinker, dolomite, and limestone. The company's ocean logistics services comprise cargo loading, cargo discharge, vessel chartering, voyage planning, and technical vessel management. It owns and operates a fleet of vessels. The company was founded in 1996 and is headquartered in Newport, Rhode Island.