Contrasting United Maritime (NASDAQ:USEA) & Ultrapetrol (Bahamas) (OTCMKTS:ULTRF)
by Mitch Edgeman · The Markets DailyUnited Maritime (NASDAQ:USEA – Get Free Report) and Ultrapetrol (Bahamas) (OTCMKTS:ULTRF – Get Free Report) are both transportation companies, but which is the better investment? We will compare the two businesses based on the strength of their profitability, earnings, analyst recommendations, valuation, institutional ownership, dividends and risk.
Volatility and Risk
United Maritime has a beta of 0.81, suggesting that its share price is 19% less volatile than the S&P 500. Comparatively, Ultrapetrol (Bahamas) has a beta of -0.79, suggesting that its share price is 179% less volatile than the S&P 500.
Earnings & Valuation
This table compares United Maritime and Ultrapetrol (Bahamas)”s top-line revenue, earnings per share (EPS) and valuation.
| Gross Revenue | Price/Sales Ratio | Net Income | Earnings Per Share | Price/Earnings Ratio | |
| United Maritime | $37.78 million | 0.66 | -$6.19 million | ($0.20) | -12.97 |
| Ultrapetrol (Bahamas) | N/A | N/A | N/A | N/A | N/A |
Ultrapetrol (Bahamas) has lower revenue, but higher earnings than United Maritime.
Institutional & Insider Ownership
1.6% of United Maritime shares are held by institutional investors. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a stock is poised for long-term growth.
Profitability
This table compares United Maritime and Ultrapetrol (Bahamas)’s net margins, return on equity and return on assets.
| Net Margins | Return on Equity | Return on Assets | |
| United Maritime | -4.90% | 0.18% | 0.07% |
| Ultrapetrol (Bahamas) | N/A | N/A | N/A |
Analyst Ratings
This is a summary of current ratings and target prices for United Maritime and Ultrapetrol (Bahamas), as reported by MarketBeat.
| Sell Ratings | Hold Ratings | Buy Ratings | Strong Buy Ratings | Rating Score | |
| United Maritime | 1 | 0 | 0 | 0 | 1.00 |
| Ultrapetrol (Bahamas) | 0 | 0 | 0 | 0 | 0.00 |
Given Ultrapetrol (Bahamas)’s higher possible upside, analysts clearly believe Ultrapetrol (Bahamas) is more favorable than United Maritime.
Summary
United Maritime beats Ultrapetrol (Bahamas) on 6 of the 8 factors compared between the two stocks.
About United Maritime
United Maritime Corporation, a shipping company, offers seaborne transportation services worldwide. It operates a fleet of eight dry bulk vessels comprising three Panamax, three Capesize, and two Kamsarmax vessels with an aggregate cargo-carrying capacity of approximately 922,054 dwt. The company was incorporated in 2022 and is based in Glyfada, Greece.
About Ultrapetrol (Bahamas)
Ultrapetrol (Bahamas) Limited, an industrial shipping company, provides marine transportation services in South America, Europe, Central America, North America, and Asia. The company operates in three segments: River Business, Offshore Supply Business, and Ocean Business. The River Business segment owns and operates dry and tanker barges, and push boats in the Hidrovia region of South America. Its dry barges transport agricultural and forestry products, iron ore, and other cargoes; and tanker barges carry petroleum products, vegetable oils, and other liquids. As of December 31, 2015, this segment had 681 barges with approximately 1.3 million dwt capacity; and 34 push boats. The Offshore Supply Business segment owns and operates vessels that provide logistical and transportation services for offshore petroleum exploration and production companies. It transports supplies, such as containerized equipment, drill casings, pipes, and heavy loads; fuel, water, drilling fluids, and bulk cement; and various other supplies to drilling rigs and platforms. This segment's fleet consisted of 13 platform supply vessels and 1 remotely operated vehicle. The Ocean Business segment owns and operates oceangoing vessels, which transports petroleum products, as well as a container line service in the Argentine cabotage trade. The company serves petroleum, agricultural, and mining companies. Ultrapetrol (Bahamas) Limited was founded in 1992 and is headquartered in Nassau, the Bahamas. Ultrapetrol (Bahamas) Limited is a subsidiary of Sparrow Capital Investments Ltd.