Exploring growth characteristics of STAR BULK CARRIERS CORP (NASDAQ:SBLK).

Groth investors are looking for stocks showing high revenue and EPS growth. We will have a look here to see if STAR BULK CARRIERS CORP (NASDAQ:SBLK) is suited for growth investing. Investors should of course do their own research, but we spotted STAR BULK CARRIERS CORP showing up in our CANSLIM growth screen, so it may be worth spending some more time on it.

Looking into the canslim metrics of STAR BULK CARRIERS CORP

• STAR BULK CARRIERS CORP has shown positive momentum in its earnings per share (EPS) on a quarter-to-quarter (Q2Q) basis, with a 142.0% increase. This reflects the company's successful execution of its business strategies and its commitment to delivering improved financial results.
• STAR BULK CARRIERS CORP has demonstrated strong quarter-to-quarter (Q2Q) revenue growth of 65.7%, reflecting its ability to generate consistent increases in sales. This growth highlights the company's effective market positioning and its potential for continued success.
• STAR BULK CARRIERS CORP has experienced 128.0% growth in EPS over a 3-year period, demonstrating its ability to generate sustained and positive earnings momentum.
• The Return on Equity (ROE) of STAR BULK CARRIERS CORP stands at 10.46%, reflecting the company's strong profitability and effective utilization of shareholder equity. This metric signifies the company's ability to generate returns for its investors.
• STAR BULK CARRIERS CORP has achieved an impressive Relative Strength (RS) rating of 85.83, showcasing its ability to outperform the broader market. This strong performance positions STAR BULK CARRIERS CORP as an attractive stock for potential price appreciation.
• With a current Debt-to-Equity ratio at 0.59, STAR BULK CARRIERS CORP showcases its disciplined capital structure. The company's prudent management of debt obligations contributes to its financial stability and long-term sustainability.
• STAR BULK CARRIERS CORP demonstrates a balanced ownership structure, with institutional shareholders at 35.25%. This indicates a diverse investor base, which can contribute to price stability and potential future growth.

Deciphering the Technical Picture of NASDAQ:SBLK

At ChartMill, a crucial aspect of their analysis is the assignment of a Technical Rating to each stock. This rating, ranging from 0 to 10, is calculated daily by considering numerous technical indicators and properties.

Taking everything into account, SBLK scores 10 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, SBLK is showing a nice and steady performance.

• Both the short term and long term trends are positive. This is a very positive sign.
• Looking at the yearly performance, SBLK did better than 85% of all other stocks. We also observe that the gains produced by SBLK over the past year are nicely spread over this period.
• SBLK is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so SBLK is lagging the market slightly.
• SBLK is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.

Check the latest full technical report of SBLK for a complete technical analysis.

Zooming in on the fundamentals.

At ChartMill, a crucial aspect of their analysis is the assignment of a Fundamental Rating to each stock. This rating, ranging from 0 to 10, is calculated daily by considering numerous fundamental indicators and properties.

We assign a fundamental rating of 6 out of 10 to SBLK. SBLK was compared to 29 industry peers in the Marine Transportation industry. SBLK has an excellent profitability rating, but there are some minor concerns on its financial health. SBLK is valued quite cheap, while showing a decent growth score. This is a good combination! This makes SBLK very considerable for value investing!

Check the latest full fundamental report of SBLK for a complete fundamental analysis.

More ideas for growth investing can be found on ChartMill in our CANSLIM screen.

Keep in mind

This article should in no way be interpreted as advice. The article is based on the observed metrics at the time of writing, but you should always make your own analysis and trade or invest at your own responsibility.