Star Bulk Carriers Rises 1.05% as Zacks Sets Strong Buy Rank

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Summary · why it matters

Star Bulk Carriers closed at $30.75, up 1.05% and ahead of the S&P 500's 0.73% gain. The shipping company is expected to report EPS of $1.33 for its upcoming quarter, up 375% from the prior-year quarter, on revenue of $395.63 million, a 49.94% increase. For the full fiscal year, the Zacks Consensus Estimates predict earnings of $4.53 per share and revenue of $1.44 billion, changes of +367.01% and +38.29% respectively. Over the last 30 days the Zacks Consensus EPS estimate rose 1.39%, and Star Bulk Carriers currently carries a Zacks Rank of #1 (Strong Buy). The stock trades at a Forward P/E of 6.72 versus its industry's 9.66, with a PEG ratio of 0.12 against the Transportation - Shipping industry average of 0.6.

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Industrials▲ · 1 stocks
Star Bulk Carriers Corp
SBLK
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Zacks sets a #1 Strong Buy rank with EPS estimates rising and a forward P/E of 6.72 versus the industry's 9.66, an analyst valuation call.