In the latest session, Star Bulk Carriers Corp. (NASDAQ: SBLK) closed at $18.07 down -0.77% from its previous closing price of $18.21. In other words, the price has decreased by -$0.14 from its previous closing price. On the day, 1652780 shares were traded.
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Ratios:
For a deeper understanding of Star Bulk Carriers Corp.’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 7.95 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 25.33. For the most recent quarter (mrq), Quick Ratio is recorded 1.40 and its Current Ratio is at 1.60. In the meantime, Its Debt-to-Equity ratio is 0.63 whereas as Long-Term Debt/Eq ratio is at 0.52.
Upgrades & Downgrades
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, SBLK now has a Market Capitalization of 1.95B and an Enterprise Value of 3.00B. As of this moment, Star’s Price-to-Earnings (P/E) ratio for their current fiscal year is 2.10, and their Forward P/E ratio for the next fiscal year is 4.02. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.43 while its Price-to-Book (P/B) ratio in mrq is 0.93. Its current Enterprise Value per Revenue stands at 2.31 whereas that against EBITDA is 4.51.
Stock Price History:
Over the past 52 weeks, SBLK has reached a high of $33.99, while it has fallen to a 52-week low of $16.85. The 50-Day Moving Average of the stock is 20.28, while the 200-Day Moving Average is calculated to be 20.74.
Shares Statistics:
For the past three months, SBLK has traded an average of 1.25M shares per day and 1.36M over the past ten days. A total of 102.97M shares are outstanding, with a floating share count of 93.34M. Insiders hold about 19.80% of the company’s shares, while institutions hold 48.70% stake in the company. Shares short for SBLK as of Apr 27, 2023 were 5.15M with a Short Ratio of 5.15M, compared to 5.02M on Mar 30, 2023. Therefore, it implies a Short% of Shares Outstanding of 5.01% and a Short% of Float of 7.37%.
Dividends & Splits
According to the company, the forward annual dividend rate for SBLK is 1.40, from 0.00 in the trailing year. Against a Trailing Annual Dividend Yield of 0.00%, it implies a Forward Annual Dividend Yield of 20.87%. The current Payout Ratio is 58.70% for SBLK, which recently paid a dividend on Jun 26, 2023 with an ex-dividend date of Jun 05, 2023. Stock splits for the company last occurred on Jun 19, 2016 when the company split stock in a 1:5 ratio.
Earnings Estimates
There are 2 different market analysts currently analyzing its stock. On average, analysts expect EPS of $0.5 for the current quarter, with a high estimate of $0.51 and a low estimate of $0.49, while EPS last year was $2. The consensus estimate for the next quarter is $0.9, with high estimates of $0.95 and low estimates of $0.86.
Analysts are recommending an EPS of between $3.11 and $2.91 for the fiscal current year, implying an average EPS of $3.01. EPS for the following year is $4.31, with 2 analysts recommending between $4.58 and $4.04.
Revenue Estimates
A total of 3 analysts believe the company’s revenue will be $193.46M this quarter.It ranges from a high estimate of $204.96M to a low estimate of $184.44M. As of the current estimate, Star Bulk Carriers Corp.’s year-ago sales were $350.95M, an estimated decrease of -44.90% from the year-ago figure. For the next quarter, 3 analysts are estimating revenue of $234.92M, a decrease of -14.70% over than the figure of -$44.90% in the same quarter last year. There is a high estimate of $265M for the next quarter, whereas the lowest estimate is $216.18M.
A total of 3 analysts have provided revenue estimates for SBLK’s current fiscal year. The highest revenue estimate was $987M, while the lowest revenue estimate was $824.46M, resulting in an average revenue estimate of $880.29M. In the same quarter a year ago, actual revenue was $1.44B, down -38.70% from the average estimate. Based on 3 analysts’ estimates, the company’s revenue will be $998.82M in the next fiscal year. The high estimate is $1.12B and the low estimate is $906.37M. The average revenue growth estimate for next year is up 13.50% from the average revenue estimate for this year.
