While Safe Bulkers, Inc has underperformed by -1.48%, investors are advised to look at stock chart patterns for technical insight. Within its last year performance, SB rose by 49.30%, with highs and lows ranging from $5.54 to $3.02, whereas the simple moving average jumped by 31.03% in the last 200 days.
On January 27, 2025, DNB Markets Upgraded Safe Bulkers, Inc (NYSE: SB) to Buy. A report published by Jefferies on February 27, 2024, Upgraded its rating to ‘Buy’ for SB. Jefferies also Downgraded SB shares as ‘Hold’, setting a target price of $4 on the company’s shares in a report dated September 26, 2022. Jefferies Initiated an Buy rating on July 21, 2022, and assigned a price target of $5. Jefferies initiated its ‘Hold’ rating for SB, as published in its report on April 27, 2022. H.C. Wainwright’s report from September 13, 2021 suggests a price prediction of $6.50 for SB shares, giving the stock a ‘Buy’ rating. Stifel also rated the stock as ‘Buy’.
Analysis of Safe Bulkers, Inc (SB)
The current dividend for SB investors is set at $0.20 per share, indicating investors will get a return regardless of how the company performs over the next quarter. Further, the quarter-over-quarter decrease in sales is -3.75%, showing a negative trend in the upcoming months.
There are several well-rounded types of analysis and research techniques that can be used to gain a clear view of Safe Bulkers, Inc’s future performance, with equity being one of the most critical indicators. The goal here is to ensure that your current return on equity of 5.58% is sufficient for you to turn a profit off your investment. Taking into account the quick ratio of the company, currently set at 2.72, you can see that the company can cover any debts it may have, which can easily be seen in the annual report of the company.
As an indicator of volatility for any stock, average volume can also be very valuable, and SB is recording an average volume of 425.85K. On a monthly basis, the volatility of the stock is set at 3.30%, whereas on a weekly basis, it is put at 2.73%, with a loss of -0.74% over the past seven days. Furthermore, long-term investors anticipate a median target price of $5.70, showing growth from the present price of $5.33, which can serve as yet another indication of whether SB is worth investing in or should be passed over.
How Do You Analyze Safe Bulkers, Inc Shares?
Safe Bulkers, Inc (SB) is based in the Monaco and is one of the most prominent companies operating in the Marine Shipping market. When comparing Safe Bulkers, Inc shares with other companies under Industrials, the P/E value is an influential factor to note. This is because it represents an indication of the future growth of the company in terms of investors’ expectations. Ultimately, the value of the latter should demonstrate steady, rapid growth, which is an accurate measure of the company’s progress. In addition to the value of 14.63, there is a growth in quarterly earnings of -28.81%.
Apart from looking at the fundamentals, you should also pay attention to the number of company employees who own shares. This is because the values should be in line with investors’ expectations. As such, the current holdings of company stock inside the company are set at 50.41%. This can enable you to see the extent to which executives own the company’s stock. As opposed to executive stock, institutional ownership accounts for 30.01% of the company’s shares, contributing to an indication of company value, since large shareholders may signify strength within the organization.
