In the latest close session, Star Bulk Carriers (SBLK) was up +2.88% at $18.96. The stock's change was more than the S&P 500's daily gain of 0.06%. Meanwhile, the Dow gained 0.41%, and the Nasdaq, a tech-heavy index, lost 0.39%.
The stock of shipping company has risen by 11.36% in the past month, leading the Transportation sector's gain of 4.05% and the S&P 500's gain of 5.88%.
The upcoming earnings release of Star Bulk Carriers will be of great interest to investors. The company's earnings report is expected on August 6, 2025. The company is expected to report EPS of $0.03, down 96.15% from the prior-year quarter. Meanwhile, our latest consensus estimate is calling for revenue of $239.12 million, down 32.24% from the prior-year quarter.
In terms of the entire fiscal year, the Zacks Consensus Estimates predict earnings of $1.49 per share and a revenue of $1.07 billion, indicating changes of -43.35% and -15.72%, respectively, from the former year.
Investors should also pay attention to any latest changes in analyst estimates for Star Bulk Carriers. These recent revisions tend to reflect the evolving nature of short-term business trends. With this in mind, we can consider positive estimate revisions a sign of optimism about the business outlook.
Our research demonstrates that these adjustments in estimates directly associate with imminent stock price performance. To take advantage of this, we've established the Zacks Rank, an exclusive model that considers these estimated changes and delivers an operational rating system.
The Zacks Rank system, ranging from #1 (Strong Buy) to #5 (Strong Sell), possesses a remarkable history of outdoing, externally audited, with #1 stocks returning an average annual gain of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate has moved 13.93% higher. Star Bulk Carriers is currently a Zacks Rank #3 (Hold).
From a valuation perspective, Star Bulk Carriers is currently exchanging hands at a Forward P/E ratio of 12.37. This represents a premium compared to its industry average Forward P/E of 9.41.
The Transportation - Shipping industry is part of the Transportation sector. Currently, this industry holds a Zacks Industry Rank of 58, positioning it in the top 24% of all 250+ industries.
The Zacks Industry Rank gauges the strength of our industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Make sure to utilize Zacks.com to follow all of these stock-moving metrics, and more, in the coming trading sessions.
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Star Bulk Carriers Corp. (SBLK): Free Stock Analysis ReportThis article originally published on Zacks Investment Research (zacks.com).
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