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In the latest session, SFL Corporation Ltd (NYSE: SFL) closed at $7.75 down -4.20% from its previous closing price of $8.09. In other words, the price has decreased by -$4.20 from its previous closing price. On the day, 1.77 million shares were traded. SFL stock price reached its highest trading level at $7.89 during the session, while it also had its lowest trading level at $7.71.
Ratios:
For a deeper understanding of SFL Corporation Ltd’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 3.98 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 9.03. 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 1120362752 and an Enterprise Value of 3515152896. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.42 while its Price-to-Book (P/B) ratio in mrq is 1.13. Its current Enterprise Value per Revenue stands at 4.538 whereas that against EBITDA is 8.085.
Stock Price History:
The Beta on a monthly basis for SFL is 0.49, which has changed by -0.18034446 over the last 52 weeks, in comparison to a change of 0.13613915 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 0.96%, while the 200-Day Moving Average is calculated to be -6.09%.
Shares Statistics:
For the past three months, SFL has traded an average of 1.31M shares per day and 1151230 over the past ten days. 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 3.13, 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
According to the company, the forward annual dividend rate for SFL is 0.94, from 0.94 in the trailing year. Against a Trailing Annual Dividend Yield of 0.11913815. The stock’s 5-year Average Dividend Yield is 9.55.
Earnings Estimates
At present, 4.0 analysts are actively evaluating the performance of SFL Corporation Ltd (SFL) in the stock market.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
A total of 4 analysts believe the company’s revenue will be $168.36M this 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.
