Safe Bulkers Inc. (SB) recent quarterly performance of 40.43% is not showing the real picture
Safe Bulkers Inc. (NYSE: SB) started the day on June 09, 2021, with a price increase of 5.88% at $3.96. During the day, the stock rose to $4.09 and sunk to $3.83 before settling in for the price of $3.74 at the close. Taking a more long-term approach, SB posted a 52-week range of $0.82-$4.46.
The company of the Industrials sector’s yearbook sales growth during the past 5- year span was recorded 9.30%. Meanwhile, its Annual Earning per share during the time was 19.80%. Nevertheless, stock’s Earnings Per Share (EPS) this year is -677.80%. This publicly-traded company’s shares outstanding now amounts to $103.36 million, simultaneously with a float of $50.98 million. The organization now has a market capitalization sitting at $421.62 million. At the time of writing, stock’s 50-day Moving Average stood at $3.31, while the 200-day Moving Average is $2.01.
It is imperative to bring your focus towards the efficiency factor of the conglomerate that has a total of 827 employees. For the Profitability, stocks gross margin was +16.26, operating margin was +5.41 and Pretax Margin of -6.51.
Safe Bulkers Inc. (SB) Ownership Facts and Figures
Now let’s turn our focus to how large-scale investors are working with this stock of the Marine Shipping Industry. Safe Bulkers Inc.’s current insider ownership accounts for 67.90%, in contrast to 17.10% institutional ownership.
Safe Bulkers Inc. (SB) Earnings and Revenue Records
In the latest quarterly report released, which was put into the public domain on 3/30/2021, the organization reported $0.14 earnings per share (EPS) for the three months, surpassing the consensus estimate (set at $0.1) by $0.04. This company achieved a net margin of -6.51 while generating a return on equity of -2.71. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.29 per share during the current fiscal year.
Safe Bulkers Inc.’s EPS decrease for this current 12-month fiscal period is -677.80% and is forecasted to reach 0.87 in the upcoming year. Considering the longer run, market analysts have predicted that Company’s EPS will increase by 14.00% through the next 5 years, which can be compared against the 19.80% growth it accomplished over the previous five years trading on the market.
Safe Bulkers Inc. (NYSE: SB) Trading Performance Indicators
Let’s observe the current performance indicators for Safe Bulkers Inc. (SB). The Stock has managed to achieve an average true range (ATR) of 0.30. Alongside those numbers, its PE Ratio stands at $64.92, and its Beta score is 0.82. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 1.96. Similarly, its price to free cash flow for trailing twelve months is now 4.23.
In the same vein, SB’s Diluted EPS (Earnings per Share) trailing twelve months is recorded 0.06, a figure that is expected to reach 0.20 in the next quarter, and analysts are predicting that it will be 0.87 at the market close of one year from today.
Technical Analysis of Safe Bulkers Inc. (SB)
If we take a close look at the recent performances of Safe Bulkers Inc. (NYSE: SB), its last 5-days Average volume was 2.03 million that shows progress from its year to date volume of 1.3 million. During the previous 9 days, stock’s Stochastic %D was recorded 50.83% While, its Average True Range was 0.26.
Raw Stochastic average of Safe Bulkers Inc. (SB) in the period of the previous 100 days is set at 82.70%, which indicates a major rise in contrast to 47.92% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 78.67% that was higher than 77.57% volatility it exhibited in the past 100-days period.