Alert: Positive Investment/Fundamental Signals (4/30/21)-Safe Bulkers Inc (NYSE: SB)


Notable positive changes in Safe Bulkers Inc (NYSE: SB) fundamentals have recently occurred: the consensus estimate for December, 2022 increased significantly, the consensus estimate for December, 2021 increased significantly, and significant quarterly earnings acceleration occurred.

Safe Bulkers Inc (NYSE: SB). Important positive changes in investment behavior have recently occurred: the stock rose on very heavy volume.

In light of these very positive signals we are reviewing our current Overall Rating of A. We would continue to view the shares with optimism pending completion of this review in the next several days.


Current PriceTarget Research Rating

Reflecting future returns on capital that are forecasted to exceed the cost of capital, SB is expected to be a modest Value Builder.

Safe Bulkers has a current Value Trend Rating of A (Highest Rating). This rating combines consistent signals from two proprietary PTR measures of a stock’s attractiveness. Safe Bulkers has a good Appreciation Score of 79 and a very high Power Rating of 88, with the Highest Value Trend Rating the result.

Recent Price Action

Safe Bulkers Inc (NYSE: SB) stock enjoyed a very large increase of 8.1% on 4/30/21. The shares closed at $3.59. Moreover, exceptionally high trading volume at 460% of normal accompanied the advance. Relative to the market the stock has been exceptionally strong over the last nine months and has risen 30.5% during the last week.

About John Lafferty 97001 Articles
During his career, John has developed valuation and stock rating methodologies, managed institutional portfolios and mutual funds, and provided equity research to institutional investors on thousands of companies. He has been Director of Research at PTR since its inception in 2004.

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