At the time of writing, Safe Bulkers, Inc [SB] stock is trading at $4.05, up 7.43%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The SB shares have gain 8.58% over the last week, with a monthly amount glided 7.71%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Safe Bulkers, Inc [NYSE: SB] stock has seen the most recent analyst activity on January 27, 2025, when DNB Markets upgraded its rating to a Buy but kept the price target unchanged to $4.20 for it. Previously, Jefferies upgraded its rating to Buy on February 27, 2024, and elevated its price target to $6. On September 26, 2022, downgrade downgraded it’s rating to Hold and revised its price target to $4 on the stock. Jefferies started tracking the stock assigning a Buy rating and suggested a price target of $5 on July 21, 2022. H.C. Wainwright started tracking with a Buy rating for this stock on September 13, 2021, and assigned it a price target of $6.50. In a note dated February 01, 2021, Stifel upgraded an Buy rating on this stock but restated the target price of $3.
For the past year, the stock price of Safe Bulkers, Inc fluctuated between $3.02 and $5.80. Currently, Wall Street analysts expect the stock to reach $4.2 within the next 12 months. Safe Bulkers, Inc [NYSE: SB] shares were valued at $4.05 at the most recent close of the market. An investor can expect a potential return of 3.7% based on the average SB price forecast.
Analyzing the SB fundamentals
According to Safe Bulkers, Inc [NYSE:SB], the company’s sales were 290.31M for trailing twelve months, which represents an -21.21% plunge. Gross Profit Margin for this corporation currently stands at 0.42% with Operating Profit Margin at 0.35%, Pretax Profit Margin comes in at 0.27%, and Net Profit Margin reading is 0.27%. To continue investigating profitability, this company’s Return on Assets is posted at 0.06, Equity is 0.1 and Total Capital is 0.08. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.63.
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 3.89 points at the first support level, and at 3.74 for the second support level. However, for the 1st resistance point, the stock is sitting at 4.13, and for the 2nd resistance point, it is at 4.22.
Ratios To Look Out For
It is important to note that Safe Bulkers, Inc [NYSE:SB] has a current ratio of 1.74. As well, the Quick Ratio is 1.74, while the Cash Ratio is 1.37. Considering the valuation of this stock, the price to sales ratio is 1.43, the price to book ratio is 0.52 and price to earnings (TTM) ratio is 6.05.
