A new trading day began on Tuesday, with Safe Bulkers, Inc (NYSE: SB) stock price up 1.33% from the previous day of trading, before settling in for the closing price of $3.76. SB’s price has ranged from $3.62 to $6.33 over the past 52 weeks.
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Industrials Sector giant saw their annual sales surged by 11.24% over the last five years. Meanwhile, its annual earnings per share averaged 27.06%. With a float of $58.39 million, this company’s outstanding shares have now reached $106.77 million.
The firm has a total of 1102 workers. Let’s measure their productivity. In terms of profitability, gross margin is 47.17%, operating margin of 41.32%, and the pretax margin is 33.17%.
Safe Bulkers, Inc (SB) Insider Activity
As we move forward, let’s examine how large-scale investors are investing in this stock of the Marine Shipping Industry. The insider ownership of Safe Bulkers, Inc is 45.31%, while institutional ownership is 28.76%.
Safe Bulkers, Inc (SB) Earnings and Forecasts
In its latest quarterly report, released on 9/30/2024, the company reported earnings of 0.25 per share, which was $0.1 higher than the consensus estimate of $0.26. In terms of return on equity, this company recorded -19.55% in contrast with 50.0% return on Investment (trailing twelve months). Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.04 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 27.06% 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
Here are Safe Bulkers, Inc’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 1.34. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.28.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.90, a number that is poised to hit 0.16 in the next quarter and is forecasted to reach 0.71 in one year’s time.
Technical Analysis of Safe Bulkers, Inc (SB)
Analysing the last 5-days average volume posted by the [Safe Bulkers, Inc, SB], we can find that recorded value of 0.95 million was better than the volume posted last year of 0.67 million. As of the previous 9 days, the stock’s Stochastic %D was 10.72%. Additionally, its Average True Range was 0.14.
During the past 100 days, Safe Bulkers, Inc’s (SB) raw stochastic average was set at 5.33%, which indicates a significant decrease from 13.92% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 34.18% in the past 14 days, which was higher than the 32.07% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $4.46, while its 200-day Moving Average is $5.00. Now, the first resistance to watch is $3.86. This is followed by the second major resistance level at $3.91. The third major resistance level sits at $3.99. If the price goes on to break the first support level at $3.73, it is likely to go to the next support level at $3.65. Should the price break the second support level, the third support level stands at $3.60.
Safe Bulkers, Inc (NYSE: SB) Key Stats
With a market capitalization of 406.80 million, the company has a total of 106,778K Shares Outstanding. Currently, annual sales are 284,400 K while annual income is 77,350 K. The company’s previous quarter sales were 75,920 K while its latest quarter income was 25,120 K.
