Star Bulk Carriers Corp (SBLK) concluded trading on Wednesday at a closing price of $14.96, with 7.9 million shares of worth about $118.2 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -29.27% during that period and on February 19, 2025 the price saw a loss of about -8.72%. Currently the company’s common shares owned by public are about 118.83M shares, out of which, 112.66M shares are available for trading.
Stock saw a price change of -4.29% in past 5 days and over the past one month there was a price change of 1.91%. Year-to-date (YTD), SBLK shares are showing a performance of 0.07% which decreased to -32.52% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $14.30 but also hit the highest price of $27.47 during that period. The average intraday trading volume for Star Bulk Carriers Corp shares is 2.07 million. The stock is currently trading -2.77% below its 20-day simple moving average (SMA20), while that difference is down -1.96% for SMA50 and it goes to -27.32% lower than SMA200.
Star Bulk Carriers Corp (NASDAQ: SBLK) currently have 118.83M outstanding shares and institutions hold larger chunk of about 34.61% of that.
The stock has a current market capitalization of $1.78B and its 3Y-monthly beta is at 1.05. PE ratio of stock for trailing 12 months is 5.22, while it has posted earnings per share of $2.86 in the same period. Its PEG reads 0.33 and has Quick Ratio of 1.49 while making debt-to-equity ratio of 0.51. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for SBLK, volatility over the week remained 3.70% while standing at 2.94% over the month.
Analysts are in expectations that Star Bulk Carriers Corp (SBLK) stock would likely to be making an EPS of 0 in the current quarter, while forecast for next quarter EPS is 0.44 and it is 2.77 for next year. For the current quarter EPS, analysts have given the company a lowest target 0 which is 0 at the higher side of the target for the same. Stock’s fiscal year EPS is expected to drop by -23.72% while it is estimated to increase by 75.94% in next year.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by DNB Markets on November 21, 2024 offering a Hold rating for the stock and assigned a target price range of between $19.30 and $20.20 to it. Coverage by Stifel stated Star Bulk Carriers Corp (SBLK) stock as a Hold in their note to investors on October 23, 2024, suggesting a price target of $21 for the stock. On October 11, 2024, DNB Markets Downgrade their recommendations, while on July 21, 2022, Jefferies Initiated their ratings for the stock with a price target of $30. Stock get a Buy rating from Jefferies on April 27, 2022.
