How Is Safe Bulkers Inc. (SB)’s Price-To-Earnings Ratio?

As of Wednesday close, Safe Bulkers Inc.’s (NYSE:SB) stock was down -$0.28, moving down -6.86 percent to $3.80. The average number of shares traded per day over the past five days has been 1,460,940 shares. 1 time new highs have been achieved over the past 5 days, with a -$0.34 fall in that time frame. In the last twenty days, the average volume was 1,699,195, while in the previous 50 days, it was 1,378,582.

Since last month, SB stock retreated -12.24%. Shares of the company fell to $3.78 on 06/22/22, the lowest level in the past month. A 52-week high of $5.44 was reached on 06/07/22 after having rallying from a 52-week low of $2.98. Since the beginning of this year, SB’s stock price has risen by 0.80% or $0.03, and marked a new high 14 times. However, the stock has declined by -30.15% since its 52-week high.


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Valuation Metrics

Right now, Safe Bulkers Inc. (SB) has a P/E ratio of about 2.54. The stock’s beta is 0.79. Besides these, the trailing price-to-sales (P/S) ratio of 1.34, the price-to-book (PB) ratio of 0.65, and the price-to-cash flow ratio of 1.92 may also be considered.

The latest dividend of $0.05 per share was paid out, remained unchanged from last year’s $0.05. On Thursday March 10 2022, a $0.04 dividend increase was announced.

Financial Health

According to company report, the long-term debt-to-equity ratio for the quarter ending December 30 was 0.54, and the total debt-to-equity ratio was 0.57. On the profitability front, the trailing twelve-month gross margin is 75.50% percent. In the year ended December 30, operating margins totaled 58.10%. Based on annual data, SB earned $247.23 million in gross profit and brought in $329.03 million in revenue.

A company’s management is another factor that investors consider when determining the profitability of an investment. In the past year, return on investment (ROI) was 18.10%. Return on equity (ROE) for the past 12 months was 27.90%.

SB’s revenue rose 39.9% during the quarter, while net income inched up to $672.51 million. While analysts expected Safe Bulkers Inc. to report $0.39 quarterly earnings, the actual figure was $0.39 per share. During the quarter, the company generated $36.33 million in EBITDA. The liabilities of Safe Bulkers Inc. were 466.48 million at the end of its most recent quarter ended December 30, and its total debt was $377.65 million.

Technical Picture

This quick technical analysis looks at Safe Bulkers Inc.’s (SB) price momentum. With a historical volatility rate of 55.23%, the RSI 9-day stood at 26.64% on 22 June.

With respect to its five-day moving average, the current Safe Bulkers Inc. price is down by -8.21% percent or -$0.34. At present, SB shares trade -18.28% below its 20-day simple moving average and +9.83% percent above its 100-day simple moving average. However, the stock is currently trading approximately -6.86% below its SMA50 and -9.09% below its SMA200.

Stochastic coefficient K was 6.05% and Stochastic coefficient D was 6.90%, while ATR was 0.23. Given the Stochastic reading of 1.49% for the 14-day period, the RSI (14) reading has been calculated as 33.92%. As of today, the MACD Oscillator reading stands at -0.15, while the 14-day reading stands at -0.42.

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