Somewhat Positive News Coverage Somewhat Unlikely to Impact Star Bulk Carriers (SBLK) Stock Price
Headlines about Star Bulk Carriers (NASDAQ:SBLK) have been trending somewhat positive on Thursday, according to Accern Sentiment Analysis. Accern identifies positive and negative media coverage by analyzing more than 20 million news and blog sources in real time. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Star Bulk Carriers earned a news impact score of 0.06 on Accern’s scale. Accern also assigned media coverage about the shipping company an impact score of 46.6999970092698 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the near future.
Here are some of the news headlines that may have impacted Accern’s rankings:
- $101.22 Million in Sales Expected for Star Bulk Carriers Corp. (SBLK) This Quarter (americanbankingnews.com)
- Investor Watch: Checking on Shares of Star Bulk Carriers Corp. (NASDAQ:SBLK) – Jonesboro Recorder (jonesbororecorder.com)
- Hot Stock to Track – Star Bulk Carriers Corp., (NASDAQ: SBLK) – Stock Watch (stocksnewstimes.com)
- Star Bulk Carriers Corp. (NASDAQ: SBLK) – Hot Stock to Track – Alpha Beta Stock (alphabetastock.com)
Star Bulk Carriers (SBLK) opened at $10.85 on Thursday. The company has a market cap of $695.42, a PE ratio of -5.80 and a beta of 2.74. The company has a current ratio of 6.93, a quick ratio of 6.93 and a debt-to-equity ratio of 0.96. Star Bulk Carriers has a 12-month low of $5.02 and a 12-month high of $13.40.
Several research firms have weighed in on SBLK. Jefferies Group began coverage on shares of Star Bulk Carriers in a research note on Monday, December 18th. They set a “buy” rating and a $15.00 target price for the company. Zacks Investment Research upgraded shares of Star Bulk Carriers from a “sell” rating to a “hold” rating in a research note on Wednesday, September 27th. TheStreet lowered shares of Star Bulk Carriers from a “c” rating to a “d+” rating in a research note on Thursday, September 28th. Pareto Securities upgraded shares of Star Bulk Carriers from a “hold” rating to a “buy” rating in a research note on Friday, September 8th. Finally, Stifel Nicolaus set a $11.00 target price on shares of Star Bulk Carriers and gave the company a “hold” rating in a research note on Sunday, October 22nd. Three analysts have rated the stock with a hold rating and six have given a buy rating to the company’s stock. The stock presently has a consensus rating of “Buy” and an average price target of $13.00.
About Star Bulk Carriers
Star Bulk Carriers Corp. is an international shipping company. The Company owns and operates a fleet of dry bulk carrier vessels. As of December 31, 2016, the Company’s fleet included 73 vessels consisting primarily of Newcastlemax and Capesize, as well as Kamsarmax, Ultramax and Supramax vessels with a carrying capacity between 52,055 and 209,537 deadweight tonnage (dwt).
Receive News & Ratings for Star Bulk Carriers Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Star Bulk Carriers and related companies with MarketBeat.com's FREE daily email newsletter.