SFL Corporation Ltd (SFL)’s latest quarter sales figures and margins explained

At the time of writing, SFL Corporation Ltd [SFL] stock is trading at $10.56, up 0.57%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The SFL shares have gain 0.57% over the last week, with a monthly amount drifted -1.40%, and not seem to be holding up well over a long-time horizon.

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From an analyst’s perspective:

SFL Corporation Ltd [NYSE: SFL] stock has seen the most recent analyst activity on August 20, 2024, when Pareto upgraded its rating to a Buy. Previously, Pareto downgraded its rating to Hold on August 18, 2023, and kept the price target unchanged to $11. On November 09, 2021, downgrade downgraded it’s rating to Hold but maintained its price target of $8 on the stock. Jefferies upgraded its rating to a Buy but stick to its price target of $9 on August 19, 2021. DNB Markets downgraded its rating to a Hold but $14.70 remained the price target by the analyst firm on March 09, 2020. B. Riley FBR started tracking with a Neutral rating for this stock on January 10, 2019, and assigned it a price target of $11.90. In a note dated June 01, 2018, Seaport Global Securities upgraded an Buy rating on this stock but restated the target price of $18.

For the past year, the stock price of SFL Corporation Ltd fluctuated between $10.01 and $14.62. Currently, Wall Street analysts expect the stock to reach $14.5 within the next 12 months. SFL Corporation Ltd [NYSE: SFL] shares were valued at $10.56 at the most recent close of the market. An investor can expect a potential return of 37.31% based on the average SFL price forecast.

Analyzing the SFL fundamentals

According to SFL Corporation Ltd [NYSE:SFL], the company’s sales were 884.88M for trailing twelve months, which represents an 24.62% jump. Gross Profit Margin for this corporation currently stands at 0.38% with Operating Profit Margin at 0.36%, Pretax Profit Margin comes in at 0.17%, and Net Profit Margin reading is 0.16%. To continue investigating profitability, this company’s Return on Assets is posted at 0.03, Equity is 0.13 and Total Capital is 0.09. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 2.28.

Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 10.49 points at the first support level, and at 10.41 for the second support level. However, for the 1st resistance point, the stock is sitting at 10.66, and for the 2nd resistance point, it is at 10.75.

Ratios To Look Out For

It is important to note that SFL Corporation Ltd [NYSE:SFL] has a current ratio of 0.50. Also, the Quick Ratio is 0.50, while the Cash Ratio stands at 0.22. Considering the valuation of this stock, the price to sales ratio is 1.74, the price to book ratio is 1.24.

Transactions by insiders

Recent insider trading involved Olesen Aksel, Officer, that happened on Oct 07 ’24 when 43708.0 shares were purchased.

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