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Why the growth investor may take a look at NASDAQ:SBLK.

By Mill Chart

Last update: Jun 13, 2024

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.


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Why NASDAQ:SBLK may be interesting for canslim investors.

  • STAR BULK CARRIERS CORP has demonstrated consistent growth in its earnings per share (EPS) from one quarter to another (Q2Q), with a 142.0% increase. This indicates improving financial performance and the company's effective management of its operations.
  • With impressive quarter-to-quarter (Q2Q) revenue growth of 65.7%, STAR BULK CARRIERS CORP showcases its ability to generate increased sales and revenue. This growth indicates the company's strong customer demand and its effective business strategies.
  • Over the past 3 years, STAR BULK CARRIERS CORP has demonstrated 128.0% growth in EPS, signifying its positive financial trajectory and potential for future profitability.
  • STAR BULK CARRIERS CORP has achieved an impressive Return on Equity (ROE) of 11.92%, showcasing its ability to generate favorable returns for shareholders.
  • The Relative Strength (RS) of STAR BULK CARRIERS CORP has been consistently solid, with a current 86.85 rating. This highlights the stock's ability to exhibit sustained price strength and signifies its competitive advantage. STAR BULK CARRIERS CORP exhibits strong prospects for further price appreciation.
  • STAR BULK CARRIERS CORP maintains a healthy Debt-to-Equity ratio of 0.54. This indicates the company's conservative capital structure and signifies its ability to effectively manage debt obligations while maintaining a strong equity position.
  • STAR BULK CARRIERS CORP demonstrates a balanced ownership structure, with institutional shareholders at 35.09%. This indicates a diverse investor base, which can contribute to price stability and potential future growth.

Technical analysis of NASDAQ:SBLK

ChartMill assigns a Technical Rating to every stock. This score, ranging from 0 to 10, is updated daily and is determined by evaluating multiple technical indicators and properties.

Overall SBLK gets a technical rating of 8 out of 10. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.

  • Looking at the yearly performance, SBLK did better than 86% 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.
  • The long term trend is positive and the short term trend is negative. It is probably better to wait until this picture becomes clearer.

Our latest full technical report of SBLK contains the most current technical analsysis.

Fundamental analysis of NASDAQ:SBLK

ChartMill assigns a proprietary Fundamental Rating to each stock. The score is computed daily by evaluating various fundamental indicators and properties. The score ranges from 0 to 10.

We assign a fundamental rating of 5 out of 10 to SBLK. SBLK was compared to 29 industry peers in the Marine Transportation industry. SBLK has only an average score on both its financial health and profitability. SBLK may be a bit undervalued, certainly considering the very reasonable score on growth This makes SBLK very considerable for value investing!

Our latest full fundamental report of SBLK contains the most current fundamental analsysis.

Our CANSLIM screen will find you more ideas suited for growth investing.

Keep in mind

Important Note: The content of this article is not intended as trading advice. It is essential to perform your own analysis and exercise caution when making trading decisions. The article presents observations created by automated analysis but does not guarantee any trading or investment outcomes. Always trade responsibly and make independent judgments.

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STAR BULK CARRIERS CORP

NASDAQ:SBLK (12/20/2024, 8:00:01 PM)

After market: 14.83 +0.03 (+0.2%)

14.8

+0.08 (+0.54%)

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