StealthGas misses Q2 estimates as Weiss downgrades StealthGas stock
Published on 10/06/2026 at 13:48 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
StealthGas (MHY816691064) was trading at EUR 8.05 at Lang & Schwarz on October 6, 2026 at 1:41 p.m. CEST, down 1.23 percent from the EUR 8.15 prior close. StealthGas missed second-quarter expectations, while Weiss Ratings downgraded the stock from Buy to Hold on September 3, 2026, as MarketBeat reported on September 29, 2026.
Second-quarter estimates fall short
StealthGas reported second-quarter revenue of USD 42.91 million against a USD 44.90 million consensus estimate. Earnings per share came to USD 0.46, below the USD 0.53 consensus, according to MarketBeat on September 29, 2026.
The earnings shortfall was paired with USD 17.30 million of second-quarter net income and a 40.00 percent net profit margin. Revenue was below the USD 47.20 million reported for the second quarter of 2025, creating a clear comparison between weaker top-line performance and still substantial profitability, as IT BOLTWISE reported on October 5, 2026.
Cash supports fleet strategy
Management presented liquidity as the main counterweight to the earnings miss. Cash and short-term investments reached USD 168.30 million as of June 30, 2026, while secured revenue for the remainder of 2026 stood at USD 50.00 million, according to Yahoo Finance on September 2, 2026.
The same call put the first-half 2026 earnings per share at USD 0.89 and described the company as debt-free. That combination matters because StealthGas can direct liquidity toward fleet renewal while operating results remain exposed to vessel utilization, charter timing and spot-market conditions.
StealthGas stock trades below its prior close
StealthGas was trading at EUR 8.05 at Lang & Schwarz on October 6, 2026 at 1:41 p.m. CEST, down 1.23 percent versus the Lang & Schwarz prior close of EUR 8.15 on October 5, 2026. The primary listing is Nasdaq, where the company trades under ticker GASS; the stock had a USD 6.12 to USD 10.55 52-week range and USD 339.9 million market capitalization as of October 5, 2026.
StealthGas stock facts
- Company: StealthGas Inc.
- ISIN: MHY816691064
- Ticker: GASS
- Primary exchange: Nasdaq
- Price Lang & Schwarz (as of October 6, 2026, 1:41 p.m. CEST): EUR 8.05
- Change versus prior close: minus 1.23 percent
- Prior close Lang & Schwarz (October 5, 2026): EUR 8.15
- Market capitalization: USD 339.9 million (as of October 5, 2026)
- 52-week range: USD 6.12-10.55 (as of October 5, 2026)
- Sector / Industry: Industrials / Marine Shipping
