Here's Why Star Bulk Carriers (SBLK) Fell More Than Broader Market

Zacks12-18

In the latest market close, Star Bulk Carriers (SBLK) reached $14.94, with a -0.4% movement compared to the previous day. The stock's change was less than the S&P 500's daily loss of 0.39%. Elsewhere,...

Source Link

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2492513943?lang=en_US&edition=fundamental","thumbnail":"https://s.yimg.com/uu/api/res/1.2/9naTdeJlVMX28sdlDpLdrQ--~B/aD02MDA7dz05MDA7YXBwaWQ9eXRhY2h5b24-/https://media.zenfs.com/en/zacks.com/ac90b3d74679f6d01a122aa033d8a9a4","is_english":true,"pubTime":"2024-12-18 07:00","share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","id":"2492513943","market":"us","top_or_hot":-1,"title":"Here's Why Star Bulk Carriers (SBLK) Fell More Than Broader Market","media":"Zacks","content":"<div>\n<p>In the latest market close, Star Bulk Carriers (SBLK) reached $14.94, with a -0.4% movement compared to the previous day. The stock's change was less than the S&P 500's daily loss of 0.39%. Elsewhere,...</p>\n\n<a href=\"https://finance.yahoo.com/news/heres-why-star-bulk-carriers-230013878.html\">Source Link</a>\n\n</div>\n","source":"yahoofinance","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Here's Why Star Bulk Carriers (SBLK) Fell More Than Broader Market</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nHere's Why Star Bulk Carriers (SBLK) Fell More Than Broader Market\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-12-18 07:00 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/heres-why-star-bulk-carriers-230013878.html><strong>Zacks</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>In the latest market close, Star Bulk Carriers (SBLK) reached $14.94, with a -0.4% movement compared to the previous day. The stock's change was less than the S&P 500's daily loss of 0.39%. Elsewhere,...</p>\n\n<a href=\"https://finance.yahoo.com/news/heres-why-star-bulk-carriers-230013878.html\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4585","symbol_name":"ETF&股票定投概念","start_time":0,"source_url":"https://finance.yahoo.com/news/heres-why-star-bulk-carriers-230013878.html","article_id":"2492513943","we_media_id":null,"thumbnails":["https://s.yimg.com/uu/api/res/1.2/9naTdeJlVMX28sdlDpLdrQ--~B/aD02MDA7dz05MDA7YXBwaWQ9eXRhY2h5b24-/https://media.zenfs.com/en/zacks.com/ac90b3d74679f6d01a122aa033d8a9a4"],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2492513943","pubTimestamp":1734476413,"columns":[],"sourceInfo":{"source_id":"yahoofinance","name":"雅虎金融"},"weMediaInfo":null,"summary":"In the latest market close, Star Bulk Carriers  reached $14.94, with a -0.4% movement compared to the previous day. The stock's change was less than the S&P 500's daily loss of 0.39%. Elsewhere, the Dow saw a downswing of 0.61%, while the tech-heavy Nasdaq depreciated by 0.32%.Shares of the shipping company have depreciated by 26.61% over the course of the past month, underperforming the Transportation sector's loss of 2.85% and the S&P 500's gain of 3.6%.The investment community will be closely monitoring the performance of Star Bulk Carriers in its forthcoming earnings report. In that report, analysts expect Star Bulk Carriers to post earnings of $0.39 per share. This would mark a year-over-year decline of 46.58%. Simultaneously, our latest consensus estimate expects the revenue to be $299.25 million, showing a 13.58% escalation compared to the year-ago quarter.It is also important to note the recent changes to analyst estimates for Star Bulk Carriers. These recent revisions tend to ","collect":0,"end_time":0,"defaultTopTitle":"yahoo.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4585":"ETF&股票定投概念","BK4588":"碎股","SBLK":"Star Bulk Carriers Corp","BK4021":"海运"},"translate_title":"这就是Star Bulk Carriers(SBLK)跌幅超过大盘的原因","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"SBLK":1},"content_text":"In the latest market close, Star Bulk Carriers (SBLK) reached $14.94, with a -0.4% movement compared to the previous day. The stock's change was less than the S&P 500's daily loss of 0.39%. Elsewhere, the Dow saw a downswing of 0.61%, while the tech-heavy Nasdaq depreciated by 0.32%.\nShares of the shipping company have depreciated by 26.61% over the course of the past month, underperforming the Transportation sector's loss of 2.85% and the S&P 500's gain of 3.6%.\nThe investment community will be closely monitoring the performance of Star Bulk Carriers in its forthcoming earnings report. In that report, analysts expect Star Bulk Carriers to post earnings of $0.39 per share. This would mark a year-over-year decline of 46.58%. Simultaneously, our latest consensus estimate expects the revenue to be $299.25 million, showing a 13.58% escalation compared to the year-ago quarter.\nFor the full year, the Zacks Consensus Estimates project earnings of $2.73 per share and a revenue of $1.26 billion, demonstrating changes of +48.37% and +32.29%, respectively, from the preceding year.\nIt is also important to note the recent changes to analyst estimates for Star Bulk Carriers. These recent revisions tend to reflect the evolving nature of short-term business trends. With this in mind, we can consider positive estimate revisions a sign of optimism about the company's business outlook.\nBased on our research, we believe these estimate revisions are directly related to near-team stock moves. To utilize this, we have created the Zacks Rank, a proprietary model that integrates these estimate changes and provides a functional rating system.\nThe Zacks Rank system, which ranges from #1 (Strong Buy) to #5 (Strong Sell), has an impressive outside-audited track record of outperformance, with #1 stocks generating an average annual return of +25% since 1988. Over the past month, there's been a 12.27% fall in the Zacks Consensus EPS estimate. Right now, Star Bulk Carriers possesses a Zacks Rank of #3 (Hold).\nWith respect to valuation, Star Bulk Carriers is currently being traded at a Forward P/E ratio of 5.49. This indicates a discount in contrast to its industry's Forward P/E of 5.61.\nOne should further note that SBLK currently holds a PEG ratio of 3.74. This metric is used similarly to the famous P/E ratio, but the PEG ratio also takes into account the stock's expected earnings growth rate. SBLK's industry had an average PEG ratio of 0.67 as of yesterday's close.\nThe Transportation - Shipping industry is part of the Transportation sector. At present, this industry carries a Zacks Industry Rank of 217, placing it within the bottom 14% of over 250 industries.\nThe Zacks Industry Rank assesses the strength of our separate industry groups by calculating the average Zacks Rank of the individual stocks contained within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.\nTo follow SBLK in the coming trading sessions, be sure to utilize Zacks.com.\nWant the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report\nStar Bulk Carriers Corp. (SBLK) : Free Stock Analysis Report\nTo read this article on Zacks.com click here.\nZacks Investment Research","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.3","shortVersion":"4.29.3","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2492513943"}