Pangaea Logistics Solutions (NASDAQ:PANL – Get Rating) and Eneti (NYSE:NETI – Get Rating) are both small-cap transportation companies, but which is the better business? We will contrast the two companies based on the strength of their dividends, valuation, analyst recommendations, institutional ownership, risk, profitability and earnings.
Institutional & Insider Ownership
45.4% of Pangaea Logistics Solutions shares are held by institutional investors. Comparatively, 65.1% of Eneti shares are held by institutional investors. 22.5% of Pangaea Logistics Solutions shares are held by insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a stock will outperform the market over the long term.
Get Pangaea Logistics Solutions alerts:Volatility and Risk
Pangaea Logistics Solutions has a beta of 0.58, indicating that its stock price is 42% less volatile than the S&P 500. Comparatively, Eneti has a beta of 1.16, indicating that its stock price is 16% more volatile than the S&P 500.
Profitability
This table compares Pangaea Logistics Solutions and Eneti's net margins, return on equity and return on assets.| Net Margins | Return on Equity | Return on Assets | |
| Pangaea Logistics Solutions | 9.81% | 28.20% | 12.66% |
| Eneti | 38.24% | 1.67% | 1.38% |
Dividends
Pangaea Logistics Solutions pays an annual dividend of $0.40 per share and has a dividend yield of 7.7%. Eneti pays an annual dividend of $0.04 per share and has a dividend yield of 0.4%. Pangaea Logistics Solutions pays out 22.6% of its earnings in the form of a dividend. Eneti pays out 2.8% of its earnings in the form of a dividend. Both companies have healthy payout ratios and should be able to cover their dividend payments with earnings for the next several years. Pangaea Logistics Solutions has increased its dividend for 2 consecutive years. Pangaea Logistics Solutions is clearly the better dividend stock, given its higher yield and longer track record of dividend growth.
Valuation & Earnings
This table compares Pangaea Logistics Solutions and Eneti's gross revenue, earnings per share (EPS) and valuation.
| Gross Revenue | Price/Sales Ratio | Net Income | Earnings Per Share | Price/Earnings Ratio | |
| Pangaea Logistics Solutions | $718.10 million | 0.33 | $67.23 million | $1.77 | 2.94 |
| Eneti | $139.23 million | 2.81 | $20.23 million | $1.42 | 6.94 |
Pangaea Logistics Solutions has higher revenue and earnings than Eneti. Pangaea Logistics Solutions is trading at a lower price-to-earnings ratio than Eneti, indicating that it is currently the more affordable of the two stocks.
Analyst Ratings
This is a summary of current ratings for Pangaea Logistics Solutions and Eneti, as reported by MarketBeat.com.
| Sell Ratings | Hold Ratings | Buy Ratings | Strong Buy Ratings | Rating Score | |
| Pangaea Logistics Solutions | 0 | 0 | 1 | 0 | 3.00 |
| Eneti | 0 | 0 | 3 | 0 | 3.00 |
Pangaea Logistics Solutions currently has a consensus price target of $7.50, indicating a potential upside of 43.95%. Eneti has a consensus price target of $11.67, indicating a potential upside of 18.44%. Given Pangaea Logistics Solutions' higher possible upside, equities analysts plainly believe Pangaea Logistics Solutions is more favorable than Eneti.
Summary
Pangaea Logistics Solutions beats Eneti on 9 of the 16 factors compared between the two stocks.
About Pangaea Logistics Solutions
(Get Rating)
Pangaea Logistics Solutions, Ltd., together with its subsidiaries, provides seaborne dry bulk logistics and transportation services to industrial customers worldwide. The company offers various dry bulk cargoes, such as grains, coal, iron ore, pig iron, hot briquetted iron, bauxite, alumina, cement clinker, dolomite, and limestone. Its ocean logistics services comprise cargo loading, cargo discharge, vessel chartering, voyage planning, and technical vessel management. As of March 16, 2022, the company owned and operated a fleet of 25 vessels. Pangaea Logistics Solutions, Ltd. was founded in 1996 and is based in Newport, Rhode Island.
About Eneti
(Get Rating)
Eneti Inc. engages in the offshore wind and marine-based renewable energy businesses. It owns and operates five wind turbine installation vessels. The company was formerly known as Scorpio Bulkers Inc. and changed its name to Eneti Inc. in February 2021. Eneti Inc. was incorporated in 2013 and is based in Monaco.
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