HORIZON LINES IS AMONG THE COMPANIES IN THE MARINE INDUSTRY WITH A RELATIVELY HIGH EBITDA GROWTH (HRZ, ULTR, DAC, SSW, ESEA)
May 20, 2011 (SmarTrend(R) News Watch via COMTEX) -- Below are the five companies in the Marine industry with the highest EBITDA Growth (next year estimate vs. LTM). EBITDA Growth can be valuable in predicting future cash flow generation and earnings power. Horizon Lines (NYSE:HRZ) has the highest with EBITDA Growth of 170.1%; Ultrapetrol Bahamas (NASDAQ:ULTR) is next with EBITDA Growth of 101.5%; and Danaos (NYSE:DAC) has the next highest with EBITDA Growth of 81.1%.
Seaspan (NYSE:SSW) follows with EBITDA Growth of 59.8% and Euroseas (NASDAQ:ESEA) rounds out the group with EBITDA Growth of 56.1%.
SmarTrend currently has shares of Danaos in an Uptrend and issued the Uptrend alert on January 11, 2011 at $4.49. The stock has risen 53.4% since the Uptrend alert was issued.