Finance

Keep Your Eyes on Stock News: SEACOR Holdings Inc. (NYSE:CKH)

SEACOR Holdings Inc. (NYSE:CKH) noted trading -27.46% off 52-week high price. On the other end, the stock has been noted 3.21% away from the low price over the last 52-weeks. The stock changed 3.18% to recent value of $37.3. The stock transacted 194759 shares during most recent day however it has an average volume of 100.89K shares. The company has 20.55M of outstanding shares and 18.82M shares were floated in the market.

On Feb. 28, 2020, SEACOR Holdings Inc. (NYSE:CKH) disclosed its results for the year and fourth quarter ended December 31, 2019:

  • Net income attributable to stockholders for the year ended December 31, 2019 was $26.8 million ($1.38 per diluted share) compared with $58.1 million ($3.04 per diluted share) for the year ended December 31, 2018. The prior year benefited from a net gain of $42.6 million ($2.18 per diluted share) related to the sale of the Company’s interest in Hawker Pacific Airservices (Hawker).
  • Net loss attributable to stockholders for the quarter ended December 31, 2019 was $1.9 million ($0.10 per diluted share) compared with $4.7 million ($0.26 per diluted share) for the quarter ended December 31, 2018. The prior year quarter benefited from $5.5 million ($0.30 per diluted share) of net income related to the accelerated amortization of non-cash deferred gains.  Excluding these non-cash gains, loss per diluted share for the quarter ended December 31, 2019 improved by $0.46 compared with the quarter ended December 31, 2018.
  • Cash Earnings for the year ended December 31, 2019, after expensing all charges for maintenance, were $110.6 million compared with $57.8 million for the year ended December 31, 2018 and were $20.1 million for the quarter ended December 31, 2019 compared with $10.6 million for the same quarter last year.

Its earnings per share (EPS) expected to touch remained 112.70% for this year. CKH has a gross margin of 28.40% and an operating margin of 7.30% while its profit margin remained 2.90% for the last 12 months.

According to the most recent quarter its current ratio was 1.4 that represents company’s ability to meet its current financial obligations. The price moved ahead of -6.47% from the mean of 20 days, -9.41% from mean of 50 days SMA and performed -15.84% from mean of 200 days price. Company’s performance for the week was -10.25%, -3.44% for month and YTD performance remained -13.56%.

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