SFL Corp Ltd (NYSE: SFL) has reported E.P.S. of $0.34 for its third fiscal quarter (ending September 30) versus $0.23 for the same period a year ago — an increase of 48%. E.P.S. were $1.11 for the latest four quarters through September 30 versus $0.80 for the same period a year ago — an increase of 39%.
Recent Price Action
SFL Corp Ltd (NYSE: SFL) stock closed at $10.44 on 11/6/24 after a decline of -2.5%. Moreover, this decline was accompanied by exceptionally high trading volume at 294% of normal. The stock has declined -2.2% during the last week and has been weak relative to the market over the last nine months.
Current PriceTarget Research Rating
With future capital returns forecasted to exceed the cost of capital, SFL is expected to continue to be an important Value Builder.
SFL has a current Value Trend Rating of D (Negative). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing inconsistent signals. SFL has a neutral Appreciation Score of 54 but a poor Power Rating of 22, and the Negative Value Trend Rating results.
Rating Review
In light of this new information we are reviewing our current Overall Rating of D. This review will be completed in the next several days.
Be the first to comment