As on May 25, 2023, Safe Bulkers Inc. (NYSE: SB) started slowly as it slid -6.15% to $3.36. During the day, the stock rose to $3.56 and sunk to $3.36 before settling in for the price of $3.58 at the close. Taking a more long-term approach, SB posted a 52-week range of $2.35-$5.12.
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The Industrials sector firm’s twelve-monthly sales growth has been 18.80% for the last half of the decade. Meanwhile, its Annual Earning per share during the time was 27.60%. Nevertheless, stock’s Earnings Per Share (EPS) this year is -5.70%. This publicly-traded company’s shares outstanding now amounts to $113.38 million, simultaneously with a float of $70.49 million. The organization now has a market capitalization sitting at $384.18 million. At the time of writing, stock’s 50-day Moving Average stood at $3.62, while the 200-day Moving Average is $3.20.
It is quite necessary to find out the efficiency of the corporate organization, which has 914 number of employees on its payroll. For the Profitability, stocks gross margin was +60.05, operating margin was +52.80 and Pretax Margin of +49.34.
Safe Bulkers Inc. (SB) Ownership Facts and Figures
Another important factor to analyze is how key investors are playing towards the stock of the Marine Shipping industry. Safe Bulkers Inc.’s current insider ownership accounts for 67.90%, in contrast to 27.30% institutional ownership.
Safe Bulkers Inc. (SB) Earnings and Revenue Records
If we go through the results of last quarter, which was made public on 3/30/2023, the company posted $0.1 earnings per share (EPS) for the quarter, coming under the agreed prediction (set at $0.16) by -$0.06. This company achieved a net margin of +49.34 while generating a return on equity of 23.78. 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 -5.70% and is forecasted to reach 1.13 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 27.60% 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 0.13. Alongside those numbers, its PE Ratio stands at $2.48, and its Beta score is 0.87. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 1.10.
In the same vein, SB’s Diluted EPS (Earnings per Share) trailing twelve months is recorded 1.35, a figure that is expected to reach 0.14 in the next quarter, and analysts are predicting that it will be 1.13 at the market close of one year from today.
Technical Analysis of Safe Bulkers Inc. (SB)
Through scrutinizing the latest numbers posted by the [Safe Bulkers Inc., SB], it can be observed that its last 5-days Average volume of 1.07 million was better the volume of 0.87 million, it posted the year before. During the previous 9 days, stock’s Stochastic %D was recorded 55.93% While, its Average True Range was 0.13.
Raw Stochastic average of Safe Bulkers Inc. (SB) in the period of the previous 100 days is set at 57.02%, which indicates a major rise in contrast to 0.00% 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 34.55% that was lower than 38.77% volatility it exhibited in the past 100-days period.
