SFL Corporation Ltd [SFL] stock prices are up 1.02% to $7.89 at the moment. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The SFL shares have gain 2.20% over the last week, with a monthly amount drifted -4.01%, and not seem to be holding up well over a long-time horizon.
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 a Buy rating on this stock but restated the target price of $18.
The stock price of SFL Corporation Ltd [SFL] has been fluctuating between $6.73 and $11.14 over the past year. 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 $7.89 at the most recent close of the market. An investor can expect a potential return of 83.78% based on the average SFL price forecast.
Analyzing the SFL fundamentals
The SFL Corporation Ltd [NYSE:SFL] reported sales of 786.64M for trailing twelve months, representing a drop of -30.20%. Gross Profit Margin for this corporation currently stands at 0.29% with Operating Profit Margin at 0.29%, Pretax Profit Margin comes in at 0.05%, and Net Profit Margin reading is 0.04%. To continue investigating profitability, this company’s Return on Assets is posted at 0.01, Equity is 0.03 and Total Capital is 0.08. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of2.79.
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 7.79 points at the first support level, and at 7.69 for the second support level. However, for the 1st resistance point, the stock is sitting at 7.95, and for the 2nd resistance point, it is at 8.01.
Ratios To Look Out For
It’s worth pointing out that SFL Corporation Ltd [NYSE:SFL]’s Current Ratio is 0.42. As well, the Quick Ratio is 0.42, while the Cash Ratio is 0.17. Considering the valuation of this stock, the price to sales ratio is 1.45, the price to book ratio is 1.15.
