Why Star Bulk Carriers (SBLK) Dipped More Than Broader Market Today

Star Bulk Carriers (SBLK) closed the most recent trading day at $18.35, moving -1.71% from the previous trading session. The stock's performance was behind the S&P 500's daily loss of 0.13%. Elsewhere, the Dow lost 0.39%, while the tech-heavy Nasdaq added 0.15%. The shipping company's shares have seen an increase of 7.42% over the last month, surpassing the Transportation sector's gain of 0.59% and the S&P 500's gain of 3.39%.The investment community will be paying close attention to the earnings performance of Star Bulk Carriers in its upcoming release. The company is slated to reveal its earnings on August 6, 2025. The company is expected to report EPS of $0.03, down 96.15% from the prior-year quarter. In the meantime, our current consensus estimate forecasts the revenue to be $239.12 million, indicating a 32.24% decline compared to the corresponding quarter of the prior year. In terms of the entire fiscal year, the Zacks Consensus Estimates predict earnings of $1.41 per share and a revenue of $1.07 billion, indicating changes of -46.39% and -15.72%, respectively, from the former year. Any recent changes to analyst estimates for Star Bulk Carriers should also be noted by investors. Recent revisions tend to reflect the latest near-term business trends. As a result, upbeat changes in estimates indicate analysts' favorable outlook on the business health and profitability. Our research demonstrates that these adjustments in estimates directly associate with imminent stock price performance. Investors can capitalize on this by using the Zacks Rank. This model considers these estimate changes and provides a simple, actionable rating system. Ranging from #1 (Strong Buy) to #5 (Strong Sell), the Zacks Rank system has a proven, outside-audited track record of outperformance, with #1 stocks returning an average of +25% annually since 1988. Within the past 30 days, our consensus EPS projection has moved 7.38% higher. Star Bulk Carriers is currently sporting a Zacks Rank of #3 (Hold). Digging into valuation, Star Bulk Carriers currently has a Forward P/E ratio of 13.24. This valuation marks a premium compared to its industry average Forward P/E of 9.76. The Transportation - Shipping industry is part of the Transportation sector. This group has a Zacks Industry Rank of 91, putting it in the top 37% of all 250+ industries. The Zacks Industry Rank is ordered from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1. To follow SBLK in the coming trading sessions, be sure to utilize Zacks.com. #1 Semiconductor Stock to Buy (Not NVDA)The incredible demand for data is fueling the market's next digital gold rush. As data centers continue to be built and constantly upgraded, the companies that provide the hardware for these behemoths will become the NVIDIAs of tomorrow.One under-the-radar chipmaker is uniquely positioned to take advantage of the next growth stage of this market. It specializes in semiconductor products that titans like NVIDIA don't build. It's just beginning to enter the spotlight, which is exactly where you want to be.See This Stock Now for Free >>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 ReportThis article originally published on Zacks Investment Research (zacks.com).Zacks Investment ResearchWeiter zum vollständigen Artikel bei Zacks Weiter zum vollständigen Artikel bei Zacks