News headlines about Star Bulk Carriers (NASDAQ:SBLK) have trended somewhat positive on Tuesday, according to Accern Sentiment Analysis. The research firm ranks the sentiment of media coverage by monitoring more than 20 million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Star Bulk Carriers earned a media sentiment score of 0.04 on Accern’s scale. Accern also assigned news coverage about the shipping company an impact score of 46.5340081541107 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the near term.
These are some of the news articles that may have effected Accern’s scoring:
SBLK has been the subject of a number of recent analyst reports. Jefferies Group initiated coverage on Star Bulk Carriers in a research report on Monday, December 18th. They set a “buy” rating and a $15.00 target price for the company. Zacks Investment Research downgraded Star Bulk Carriers from a “buy” rating to a “hold” rating in a research report on Friday, January 26th. BidaskClub downgraded Star Bulk Carriers from a “hold” rating to a “sell” rating in a research report on Wednesday, January 31st. Morgan Stanley lowered their price target on Star Bulk Carriers from $15.00 to $14.00 and set an “overweight” rating for the company in a report on Monday, February 12th. Finally, Stifel Nicolaus boosted their price target on Star Bulk Carriers from $11.00 to $12.00 and gave the stock a “hold” rating in a report on Thursday, March 1st. One analyst has rated the stock with a sell rating, three have issued a hold rating and five have given a buy rating to the company’s stock. Star Bulk Carriers currently has a consensus rating of “Hold” and a consensus target price of $14.58.
Star Bulk Carriers stock opened at $11.39 on Tuesday. The company has a quick ratio of 1.34, a current ratio of 1.43 and a debt-to-equity ratio of 0.77. Star Bulk Carriers has a 52 week low of $7.57 and a 52 week high of $13.29. The firm has a market cap of $723.65, a PE ratio of -51.77 and a beta of 2.26.
Star Bulk Carriers (NASDAQ:SBLK) last posted its quarterly earnings results on Tuesday, February 27th. The shipping company reported $0.33 EPS for the quarter, topping analysts’ consensus estimates of $0.22 by $0.11. Star Bulk Carriers had a negative return on equity of 0.44% and a negative net margin of 2.94%. The company had revenue of $107.71 million during the quarter, compared to analysts’ expectations of $107.10 million. research analysts forecast that Star Bulk Carriers will post 1.06 EPS for the current year.
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Star Bulk Carriers Company Profile
Star Bulk Carriers Corp., a shipping company, engages in the ocean transportation of dry bulk cargoes worldwide. Its vessels transport bulk commodities, including ores, coal, grains, fertilizers, and steel products. As of March 9, 2017, the company had a fleet of 68 operating vessels and 4 newbuilding vessels, as well as operated a chartered-in Supramax vessel.
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