Star Bulk Carriers Corp. (SBLK) Given News Sentiment Rating of 0.08
News stories about Star Bulk Carriers Corp. (NASDAQ:SBLK) have trended somewhat positive on Monday, according to Accern Sentiment Analysis. Accern identifies negative and positive media coverage by reviewing more than twenty million news and blog sources in real time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Star Bulk Carriers Corp. earned a media sentiment score of 0.08 on Accern’s scale. Accern also assigned headlines about the shipping company an impact score of 45.6664325354901 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the near future.
These are some of the news headlines that may have impacted Accern Sentiment Analysis’s analysis:
- Delving Into The Numbers For Star Bulk Carriers Corp (SBLK) – Evergreen Caller (evergreencaller.com)
- Hot Stocks Alert: CubeSmart (NYSE:CUBE), Star Bulk Carriers Corp. (NASDAQ:SBLK) – Stock Watch (stocksnewstimes.com)
- Star Bulk Carriers Corp. (NASDAQ:SBLK) Given Average Rating of “Hold” by Brokerages (americanbankingnews.com)
- Analysts recommend to Buy stock: Star Bulk Carriers Corp. (SBLK) ,Ardmore Shipping Corporation (ASC) – Street Observer (press release) (streetobserver.com)
- 5 Transportation Stocks Likely to Beat Q2 Earnings Estimates – Nasdaq (nasdaq.com)
Star Bulk Carriers Corp. (NASDAQ SBLK) traded up 2.13% on Monday, reaching $10.05. 714,738 shares of the company’s stock were exchanged. The firm’s market cap is $613.32 million. Star Bulk Carriers Corp. has a 12 month low of $3.95 and a 12 month high of $13.40. The firm’s 50-day moving average is $9.42 and its 200-day moving average is $9.44.
Star Bulk Carriers Corp. (NASDAQ:SBLK) last released its earnings results on Wednesday, May 24th. The shipping company reported ($0.21) earnings per share for the quarter, beating analysts’ consensus estimates of ($0.25) by $0.04. The business had revenue of $64.87 million during the quarter, compared to the consensus estimate of $64.27 million. Star Bulk Carriers Corp. had a negative net margin of 50.28% and a negative return on equity of 7.89%. On average, equities analysts forecast that Star Bulk Carriers Corp. will post ($0.56) earnings per share for the current year.
Several equities research analysts recently issued reports on the stock. BidaskClub lowered shares of Star Bulk Carriers Corp. from a “hold” rating to a “sell” rating in a research note on Thursday, July 27th. Zacks Investment Research raised shares of Star Bulk Carriers Corp. from a “hold” rating to a “buy” rating and set a $11.00 price objective for the company in a research note on Wednesday, April 26th. Jefferies Group LLC lifted their price objective on shares of Star Bulk Carriers Corp. from $11.00 to $13.00 and gave the company a “buy” rating in a research note on Monday, April 24th. Stifel Nicolaus set a $11.00 price objective on shares of Star Bulk Carriers Corp. and gave the company a “hold” rating in a research note on Sunday, May 28th. Finally, Seaport Global Securities raised shares of Star Bulk Carriers Corp. from a “neutral” rating to a “buy” rating and lifted their price objective for the company from $11.50 to $13.00 in a research note on Friday, May 26th. They noted that the move was a valuation call. One research analyst has rated the stock with a sell rating, three have given a hold rating and five have given a buy rating to the stock. The stock presently has an average rating of “Hold” and an average target price of $12.50.
About Star Bulk Carriers Corp.
Star Bulk Carriers Corp. is an international shipping company. The Company owns and operates a fleet of dry bulk carrier vessels. As of December 31, 2016, the Company’s fleet included 73 vessels consisting primarily of Newcastlemax and Capesize, as well as Kamsarmax, Ultramax and Supramax vessels with a carrying capacity between 52,055 and 209,537 deadweight tonnage (dwt).
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