Star Bulk Carriers Corp [NASDAQ: SBLK] gained 4.50% on the last trading session, reaching $16.50 price per share at the time.
If compared to the average trading volume of 2.17M shares, SBLK reached a trading volume of 4319847 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here is what top equities market gurus are saying about Star Bulk Carriers Corp [SBLK]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for SBLK shares is $21.38 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on SBLK stock is a recommendation set at 1.50. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
DNB Markets have made an estimate for Star Bulk Carriers Corp shares, keeping their opinion on the stock as Hold, with their previous recommendation back on November 21, 2024. While these analysts kept the previous recommendation, Stifel dropped their target price from $30 to $21. The new note on the price target was released on October 23, 2024, representing the official price target for Star Bulk Carriers Corp stock.
The Average True Range (ATR) for Star Bulk Carriers Corp is set at 0.61, with the Price to Sales ratio for SBLK stock in the period of the last 12 months amounting to 1.55. The Price to Book ratio for the last quarter was 0.77, with the Price to Cash per share for the same quarter was set at 3.67. Price to Free Cash Flow for SBLK in the course of the last twelve months was 4.82 with Quick ratio for the last quarter at 1.49.
Trading performance analysis for SBLK stock
Star Bulk Carriers Corp [SBLK] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 7.35. With this latest performance, SBLK shares gained by 5.36% in over the last four-week period, additionally sinking by -19.47% over the last 6 months – not to mention a drop of -33.71% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for SBLK stock in for the last two-week period is set at 60.15, with the RSI for the last a single of trading hit 64.45, and the three-weeks RSI is set at 56.96 for Star Bulk Carriers Corp [SBLK]. The present Moving Average for the last 50 days of trading for this stock 15.35, while it was recorded at 15.99 for the last single week of trading, and 19.83 for the last 200 days.
Star Bulk Carriers Corp [SBLK]: A deeper dive into fundamental analysis
Star Bulk Carriers Corp’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.49 and a Current Ratio set at 1.65.
Star Bulk Carriers Corp [SBLK]: An earnings per share (EPS) analysis
The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for SBLK. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Star Bulk Carriers Corp go to 16.31%.
An analysis of Institutional ownership at Star Bulk Carriers Corp [SBLK]
There are presently around $35.43%, or 37.40%% of SBLK stock, in the hands of institutional investors. The top three institutional holders of SBLK stocks are: OAKTREE CAPITAL MANAGEMENT LP with ownership of 7.97 million shares, which is approximately 7.2749%. BLACKROCK INC., holding 4.11 million shares of the stock with an approximate value of $$100.24 million in SBLK stocks shares; and BLACKROCK INC., currently with $$102.24 million in SBLK stock with ownership which is approximately 3.8296%.
