Star Bulk Carriers shares closed at $24.97, a 1.34% gain that exceeded the S&P 500's 0.79% advance. The stock has fallen 12.66% over the past month, underperforming the Transportation sector's 2.76% gain. Analysts project upcoming quarterly earnings of $0.96 per share, a 772.73% jump from the prior-year period, on revenue of $338.39 million, up 36.77%. Full-year estimates call for earnings of $3.90 per share and revenue of $1.35 billion, representing increases of 302.06% and 29.58%, respectively. The company holds a Zacks Rank of #3 (Hold) and a forward price-to-earnings ratio of 6.32, a discount to the industry average of 8.1.
Star Bulk Carriers CorpArticle only reports Star Bulk's 1.34% share gain outpacing the S&P 500, with no company-specific cause given.