Star Bulk Carriers (SBLK) Laps the Stock Market: Here's Why

In the latest market close, Star Bulk Carriers (SBLK) reached $15.66, with a +1.82% movement compared to the previous day. The stock's change was more than the S&P 500's daily gain of 0.67%. Elsewhere, the Dow saw an upswing of 0.38%, while the tech-heavy Nasdaq appreciated by 0.98%.Coming into today, shares of the shipping company had gained 0.85% in the past month. In that same time, the Transportation sector gained 3.53%, while the S&P 500 gained 2.07%.Market participants will be closely following the financial results of Star Bulk Carriers in its upcoming release. The company plans to announce its earnings on February 18, 2025. In that report, analysts expect Star Bulk Carriers to post earnings of $0.42 per share. This would mark a year-over-year decline of 42.47%. At the same time, our most recent consensus estimate is projecting a revenue of $287.05 million, reflecting an 8.95% rise from the equivalent quarter last year.It is also important to note the recent changes to analyst estimates for Star Bulk Carriers. Recent revisions tend to reflect the latest near-term business trends. As such, positive estimate revisions reflect analyst optimism about the company's business and profitability.Empirical research indicates that these revisions in estimates have a direct correlation with impending stock price performance. To utilize this, we have created the Zacks Rank, a proprietary model that integrates these estimate changes and provides a functional rating system.The 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, the Zacks Consensus EPS estimate has shifted 14.95% downward. Star Bulk Carriers is currently a Zacks Rank #5 (Strong Sell).Looking at its valuation, Star Bulk Carriers is holding a Forward P/E ratio of 7.97. This represents a discount compared to its industry's average Forward P/E of 9.02.The Transportation - Shipping industry is part of the Transportation sector. This group has a Zacks Industry Rank of 236, putting it in the bottom 6% of all 250+ industries.The Zacks Industry Rank gauges the strength of our industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.Be sure to use Zacks.com to monitor all these stock-influencing metrics, and more, throughout the forthcoming trading sessions.Just Released: Zacks Top 10 Stocks for 2025Hurry – you can still get in early on our 10 top tickers for 2025. Handpicked by Zacks Director of Research Sheraz Mian, this portfolio has been stunningly and consistently successful. From inception in 2012 through November, 2024, the Zacks Top 10 Stocks gained +2,112.6%, more than QUADRUPLING the S&P 500’s +475.6%. Sheraz has combed through 4,400 companies covered by the Zacks Rank and handpicked the best 10 to buy and hold in 2025. You can still be among the first to see these just-released stocks with enormous potential. See New Top 10 Stocks >>Want 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 Star Bulk Carriers Corp. (SBLK): Free Stock Analysis ReportTo read this article on Zacks.com click here.Zacks Investment ResearchWeiter zum vollständigen Artikel bei Zacks Weiter zum vollständigen Artikel bei Zacks