Star Bulk(US:SBLK) ZACKSยท2025-01-22 00:21Group 1 - Star Bulk Carriers (SBLK) closed at $14.68, showing no change from the previous day, while the S&P 500 gained 0.88% [1] - Over the past month, SBLK shares have decreased by 3.74%, underperforming the Transportation sector's gain of 2.17% and the S&P 500's gain of 1.17% [1] Group 2 - The upcoming earnings release is anticipated, with projected earnings per share (EPS) of $0.39, indicating a 46.58% decline from the same quarter last year [2] - Revenue is estimated to be $299.25 million, reflecting a 13.58% increase from the prior-year quarter [2] Group 3 - Recent adjustments to analyst estimates for Star Bulk Carriers are noteworthy, as they often indicate changing near-term business trends [3] - Positive estimate revisions suggest analyst optimism regarding the company's business and profitability [3] Group 4 - The Zacks Rank system, which assesses estimate revisions, indicates that these changes correlate with near-term share price momentum [4] - The Zacks Rank ranges from 1 (Strong Buy) to 5 (Strong Sell), with 1 stocks historically returning an average of +25% annually since 1988 [5] Group 5 - Star Bulk Carriers currently holds a Zacks Rank of 5 (Strong Sell), with the Zacks Consensus EPS estimate remaining steady over the past month [5] Group 6 - From a valuation perspective, SBLK has a Forward P/E ratio of 6.47, which is below the industry average of 7.82 [6] Group 7 - The company has a PEG ratio of 4.4, compared to the average PEG ratio of 0.56 for the Transportation - Shipping industry [7] - The Transportation - Shipping industry is ranked 241 in the Zacks Industry Rank, placing it in the bottom 4% of over 250 industries [7] Group 8 - The Zacks Industry Rank evaluates the strength of industry groups based on the average Zacks Rank of individual stocks, with the top 50% rated industries outperforming the bottom half by a factor of 2 to 1 [8]