Safe Bulkers, Inc (NYSE: SB) kicked off on Friday, down -0.45% from the previous trading day, before settling in for the closing price of $4.47. Over the past 52 weeks, SB has traded in a range of $3.10-$6.33.
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Over the past five-year period, the growth rate of yearbook sales for the company of the Industrials sector was 11.24%. While this was happening, its average annual earnings per share was recorded 51.40%. With a float of $58.39 million, this company’s outstanding shares have now reached $111.61 million.
Considering the fact that the conglomerate employs 1102 people, you should pay attention to its efficiency factor. In terms of profitability, gross margin is 45.48%, operating margin of 38.36%, and the pretax margin is 31.11%.
Safe Bulkers, Inc (SB) Breakdown of a Key Holders of the stock
Our next focus will be how large-scale investors are participating in this stock of the Marine Shipping Industry. The insider ownership of Safe Bulkers, Inc is 45.31%, while institutional ownership is 28.63%.
Safe Bulkers, Inc (SB) Recent Fiscal highlights
In the latest quarterly report, which was put into the public domain on 6/30/2024, the organization reported 0.12 earnings per share (EPS), higher than consensus estimate (set at 0.1) by 0.02. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.21 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 51.40% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 14.00% during the next five years compared to 30.64% growth over the previous five years of trading.
Safe Bulkers, Inc (NYSE: SB) Trading Performance Indicators
Take a look at Safe Bulkers, Inc’s (SB) current performance indicators. Last quarter, stock had a quick ratio of 1.88. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.55.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.80, a number that is poised to hit 0.20 in the next quarter and is forecasted to reach 0.71 in one year’s time.
Technical Analysis of Safe Bulkers, Inc (SB)
Compared to the last year’s volume of 0.68 million, its volume of 0.67 million showed lagged in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 10.96%. Additionally, its Average True Range was 0.14.
During the past 100 days, Safe Bulkers, Inc’s (SB) raw stochastic average was set at 7.39%, which indicates a significant decrease from 10.59% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 26.34% in the past 14 days, which was lower than the 34.08% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $4.87, while its 200-day Moving Average is $4.98. Nevertheless, the first resistance level for the watch stands at $4.49 in the near term. At $4.54, the stock is likely to face the second major resistance level. The third major resistance level sits at $4.57. If the price goes on to break the first support level at $4.42, it is likely to go to the next support level at $4.38. Now, if the price goes above the second support level, the third support stands at $4.34.
Safe Bulkers, Inc (NYSE: SB) Key Stats
The company with the Market Capitalisation of 475.13 million has total of 106,764K Shares Outstanding. Its annual sales at the moment are 284,400 K in contrast with the sum of 77,350 K annual income. Company’s last quarter sales were recorded 78,550 K and last quarter income was 27,600 K.
