Star Bulk Carriers (SBLK) closed the most recent trading day at $17.40, moving -2.58% from the previous trading session. This move lagged the S&P 500's daily gain of 0.61%. Elsewhere, the Dow gained 0.49%, while the tech-heavy Nasdaq added 0.95%.
Coming into today, shares of the shipping company had gained 7.92% in the past month. In that same time, the Transportation sector gained 2.95%, while the S&P 500 gained 3.85%.
Analysts and investors alike will be keeping a close eye on the performance of Star Bulk Carriers in its upcoming earnings disclosure. The company's earnings report is set to go public on August 6, 2025. The company is forecasted to report an EPS of $0.04, showcasing a 94.87% downward movement from the corresponding quarter of the prior year. Our most recent consensus estimate is calling for quarterly revenue of $243.45 million, down 31.01% from the year-ago period.
Looking at the full year, the Zacks Consensus Estimates suggest analysts are expecting earnings of $1.32 per share and revenue of $1.02 billion. These totals would mark changes of -49.81% and -19.64%, respectively, from last year.
Investors should also note any recent changes to analyst estimates for Star Bulk Carriers. Recent revisions tend to reflect the latest near-term business trends. With this in mind, we can consider positive estimate revisions a sign of optimism about the business outlook.
Our research shows that these estimate changes are directly correlated with near-term stock prices. We developed the Zacks Rank to capitalize on this phenomenon. Our system takes these estimate changes into account and delivers a clear, actionable rating model.
Ranging from #1 (Strong Buy) to #5 (Strong Sell), the Zacks Rank system has a proven, outside-audited track record of outperformance, with #1 stocks returning an average of +25% annually since 1988. Over the past month, the Zacks Consensus EPS estimate remained stagnant. Star Bulk Carriers is currently a Zacks Rank #3 (Hold).
In terms of valuation, Star Bulk Carriers is currently trading at a Forward P/E ratio of 13.53. This expresses a premium compared to the average Forward P/E of 8.99 of its industry.
The Transportation - Shipping industry is part of the Transportation sector. This industry currently has a Zacks Industry Rank of 24, which puts it in the top 10% of all 250+ industries.
The Zacks Industry Rank evaluates the power of our distinct industry groups by determining the average Zacks Rank of the individual stocks forming the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
You can find more information on all of these metrics, and much more, on Zacks.com.
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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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