This Shipping company has seen a flat track record when it comes to current year estimate revisions, as there has been no revision on either side over the past few weeks. The consensus for earnings estimate hasn’t been in a trend either. This recent price action is discouraging, so make sure to keep a close watch on this firm in the near future, and especially on earnings estimates following the recent slump.
CPLP currently has a Zacks Rank #3 (Hold) while its Earnings ESP is 0.00%.
Some better-ranked stocks in the Transportation-Shipping industry include Euroseas, Ltd. (ESEA), Navios Maritime Holdings Inc. (NM) and DHT Holdings, Inc. (DHT). While Euroseas and Navios Maritime carry a Zacks Rank #1 (Strong Buy), DHT Holdings hold a Zacks Rank #2 (Buy).
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