Why STAR BULK CARRIERS CORP (NASDAQ:SBLK) qualifies as a high growth stock.

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.

Some of the canslim metrics of NASDAQ:SBLK highlighted

• The quarterly earnings of STAR BULK CARRIERS CORP have shown a 142.0% increase compared to the previous quarter, as revealed in the recent financial report. This growth signifies positive momentum in the company's financials, pointing towards a promising upward trend
• The recent q2q revenue growth of 65.7% of STAR BULK CARRIERS CORP showcases the company's ability to generate increasing revenue in a short period, reflecting its positive growth trajectory.
• The EPS of STAR BULK CARRIERS CORP has shown consistent growth over a 3-year period, indicating the company's ability to generate increasing earnings over time.
• STAR BULK CARRIERS CORP showcases a robust Return on Equity (ROE) of 11.92%, indicating its ability to generate favorable returns for shareholders. This metric underscores the company's efficiency in utilizing its equity capital to generate profits.
• STAR BULK CARRIERS CORP has achieved an impressive Relative Strength (RS) rating of 90.13, showcasing its ability to outperform the broader market. This strong performance positions STAR BULK CARRIERS CORP as an attractive stock for potential price appreciation.
• STAR BULK CARRIERS CORP exhibits a favorable Debt-to-Equity ratio at 0.54. This highlights the company's ability to limit excessive debt levels and maintain a strong equity base, demonstrating its financial stability and risk management practices.
• With 35.09% of the total shares held by institutional investors, STAR BULK CARRIERS CORP showcases a healthy distribution of ownership. This suggests a mix of institutional and retail investors, fostering a dynamic market for the stock.

Technical Analysis Observations

Every day, ChartMill assigns a Technical Rating to each stock, providing a score ranging from 0 to 10. This rating is determined by evaluating various technical indicators and properties.

We assign a technical rating of 8 out of 10 to SBLK. 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.

• The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
• Looking at the yearly performance, SBLK did better than 90% of all other stocks. On top of that, SBLK also shows a nice and consistent pattern of rising prices.
• 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.
• In the last month SBLK has a been trading in the 23.68 - 26.96 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.

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

How does the complete fundamental picture look for NASDAQ:SBLK?

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

SBLK gets a fundamental rating of 6 out of 10. The analysis compared the fundamentals against 29 industry peers in the Marine Transportation industry. While SBLK belongs to the best of the industry regarding profitability, there are some minor concerns on its financial health. SBLK may be a bit undervalued, certainly considering the very reasonable score on growth With these ratings, SBLK could be worth investigating further for value investing!.

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

More growth stocks can be found in our CANSLIM screen.

Disclaimer

This is not investing advice! The article highlights some of the observations at the time of writing, but you should always make your own analysis and invest based on your own insights.