A share price of Star Bulk Carriers Corp [SBLK] is currently trading at $15.25, up 3.04%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The SBLK shares have gain 1.67% over the last week, with a monthly amount drifted -18.49%, and not seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
Star Bulk Carriers Corp [NASDAQ: SBLK] stock has seen the most recent analyst activity on November 21, 2024, when DNB Markets upgraded its rating to a Hold and also boosted its price target to $20.20 from $19.30. Previously, Stifel downgraded its rating to Hold on October 23, 2024, and dropped its price target to $21. On October 11, 2024, downgrade downgraded it’s rating to Sell. Jefferies started tracking the stock assigning a Buy rating and suggested a price target of $30 on July 21, 2022. Pareto downgraded its rating to Hold for this stock on February 23, 2022, but kept the price target unchanged to $30. In a note dated September 13, 2021, H.C. Wainwright initiated an Buy rating and provided a target price of $35 on this stock.
Star Bulk Carriers Corp experienced fluctuations in its stock price throughout the past year between $14.59 and $27.47. Currently, Wall Street analysts expect the stock to reach $22.4 within the next 12 months. Star Bulk Carriers Corp [NASDAQ: SBLK] shares were valued at $15.25 at the most recent close of the market. An investor can expect a potential return of 46.89% based on the average SBLK price forecast.
Analyzing the SBLK fundamentals
Trailing Twelve Months sales for Star Bulk Carriers Corp [NASDAQ:SBLK] were 1.22B which represents 54.32% growth. Gross Profit Margin for this corporation currently stands at 0.37% with Operating Profit Margin at 0.31%, Pretax Profit Margin comes in at 0.25%, and Net Profit Margin reading is 0.25%. To continue investigating profitability, this company’s Return on Assets is posted at 0.07, Equity is 0.14 and Total Capital is 0.1. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.53.
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 14.91 points at the first support level, and at 14.58 for the second support level. However, for the 1st resistance point, the stock is sitting at 15.47, and for the 2nd resistance point, it is at 15.70.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Star Bulk Carriers Corp [NASDAQ:SBLK] is 1.68. As well, the Quick Ratio is 1.49, while the Cash Ratio is 1.1. Considering the valuation of this stock, the price to sales ratio is 1.49, the price to book ratio is 0.72 and price to earnings (TTM) ratio is 5.15.
Transactions by insiders
Recent insider trading involved Koert Erhardt, Self, that happened on Dec 18 ’24 when 11500.0 shares were purchased. Director, Zagari Raffaele completed a deal on Dec 30 ’24 to buy 11500.0 shares. Meanwhile, Officer Norton Hamish bought 16450.0 shares on Aug 12 ’24.
