Closing Strong: SFL Corporation Ltd (SFL) Ends at $8.21, Down -1.68 from Last Close

Kevin Freeman

In the journey to outperform the market, investors delve into the art of stock selection. Choosing the right stocks can be a powerful driver for wealth accumulation.

After finishing at $8.35 in the prior trading day, SFL Corporation Ltd (NYSE: SFL) closed at $8.21, down -1.68%. In other words, the price has decreased by -$1.68 from its previous closing price. On the day, 1.45 million shares were traded. SFL stock price reached its highest trading level at $8.37 during the session, while it also had its lowest trading level at $8.105.

Ratios:

Our goal is to gain a better understanding of SFL by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 4.21 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 9.57. For the most recent quarter (mrq), Quick Ratio is recorded 0.42 and its Current Ratio is at 0.42. In the meantime, Its Debt-to-Equity ratio is 2.78 whereas as Long-Term Debt/Eq ratio is at 1.96.

On August 18, 2023, Pareto Downgraded its rating to Hold which previously was Buy but kept the price unchanged to $11.

DNB Markets Downgraded its Buy to Hold on November 09, 2021, while the target price for the stock was maintained at $8.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, SFL now has a Market Capitalization of 1186861696 and an Enterprise Value of 3576239872. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.51 while its Price-to-Book (P/B) ratio in mrq is 1.20. Its current Enterprise Value per Revenue stands at 4.617 whereas that against EBITDA is 8.225.

Stock Price History:

The Beta on a monthly basis for SFL is 0.49, which has changed by -0.18536586 over the last 52 weeks, in comparison to a change of 0.13042927 over the same period for the S&P500. Over the past 52 weeks, SFL has reached a high of $11.14, while it has fallen to a 52-week low of $6.73. The 50-Day Moving Average of the stock is 7.14%, while the 200-Day Moving Average is calculated to be -0.66%.

Shares Statistics:

The stock has traded on average 1.30M shares per day over the past 3-months and 1002470 shares per day over the last 10 days, according to various share statistics. A total of 144.56M shares are outstanding, with a floating share count of 103.49M. Insiders hold about 28.41% of the company’s shares, while institutions hold 30.77% stake in the company. Shares short for SFL as of 1764288000 were 4116168 with a Short Ratio of 3.16, compared to 1761868800 on 5137553. Therefore, it implies a Short% of Shares Outstanding of 4116168 and a Short% of Float of 3.47.

Dividends & Splits

In the trailing 12 months, SFL’s forward annual dividend rate was 0.94, compared to 1.01 this year. Against a Trailing Annual Dividend Yield of 0.112574846. The stock’s 5-year Average Dividend Yield is 9.55.

Earnings Estimates

. The current rating of SFL Corporation Ltd (SFL) is the result of assessments by 4.0 analysts actively engaged in evaluating its market dynamics.The consensus estimate for the next quarter is $0.0, with high estimates of $0.03 and low estimates of -$0.02.

Analysts are recommending an EPS of between $0.12 and $0.04 for the fiscal current year, implying an average EPS of $0.06. EPS for the following year is $0.14, with 3.0 analysts recommending between $0.55 and -$0.1.

Revenue Estimates

4 analysts predict $168.36M in revenue for. The current quarter. It ranges from a high estimate of $176.6M to a low estimate of $164M. As of. The current estimate, SFL Corporation Ltd’s year-ago sales were $229.1MFor the next quarter, 4 analysts are estimating revenue of $168.07M. There is a high estimate of $178M for the next quarter, whereas the lowest estimate is $162.2M.

A total of 4 analysts have provided revenue estimates for SFL’s current fiscal year. The highest revenue estimate was $734.1M, while the lowest revenue estimate was $719.85M, resulting in an average revenue estimate of $724.79M. In the same quarter a year ago, actual revenue was $904.4MBased on 4 analysts’ estimates, the company’s revenue will be $689.35M in the next fiscal year. The high estimate is $727.5M and the low estimate is $649M.

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