For its third fiscal quarter (ending September 30), Star Bulk Carriers Corp (NASDAQ: SBLK) has reported a 52% increase in E.P.S. from $0.46 a year ago to $0.70 in the current quarter. E.P.S. were $3.00 for the latest four quarters through September 30 versus $2.15 for the same period a year ago — an increase of 40%.
Recent Price Action
Star Bulk Carriers Corp (NASDAQ: SBLK) stock declined by -2.0% on 11/19/24. The shares closed at $20.03. Moreover, above average trading volume at 127% of normal accompanied the decline. Relative to the market the stock has been weak over the last nine months and has declined -1.5% during the last week.
Current PriceTarget Research Rating
Star Bulk Carriers has a current Value Trend Rating of C (Low Neutral). The Value Trend Rating reflects very contradictory signals from PTR’s two proprietary measures of a stock’s attractiveness. Star Bulk Carriers has a good Appreciation Score of 73 but a poor Power Rating of 23, with the Low Neutral Value Trend Rating the result.
Rating Review
In light of this new information and negative market action we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
Be the first to comment