Star Bulk Carriers (SBLK) Ascends While Market Falls: Some Facts to Note
From Nasdaq: 2024-06-07 18:00:12
Star Bulk Carriers (SBLK) closed at $25.58, up +0.24% from the previous day, outperforming S&P 500. Shares decreased by 2.3% in the past month. Analysts predict earnings of $0.80 per share, a potential growth of 70.21% year-over-year. The Zacks Rank system currently rates Star Bulk Carriers as a #5 (Strong Sell).
With a Forward P/E ratio of 6.81, Star Bulk Carriers is trading at a discount to its industry average. The Transportation – Shipping industry, part of the Transportation sector, ranks in the bottom 38% of all industries. Zacks Industry Rank data reveals that top industries outperform the bottom half by 2 to 1.
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