SBLK

Star Bulk Carriers Corp

Industrial/Transportation


Presented:12/15/2017
Price:$11.06
Cap:$0.70B
Current Price:$19.93
Cap:$2.37B

Presented

Date12/15/2017
Price$11.06
Market Cap$0.70B
Ent Value$1.42B
P/E RatioN/A
Book Value$16.77
Div Yield0%
Shares O/S63.65M
Ave Daily Vol527,172
Short Int4.86%

Current

Price$19.93
Market Cap$2.37B
Star Bulk Carriers Corp. is a holding company, which engages in the marine transportation of dry bulk vessels. It ships iron ore, coal, grain, bauxite, fertilizers, and steel products. The company was founded by Petros Alexandros Pappas on December 13, 2006 and is headquartered in Athens, Greece.

Publicly traded companies mentioned herein: Eagle Bulk Shipping Inc (EGLE), Navios Maritime Holdings Inc (NM), Star Bulk Carriers Corp (SBLK)

Highlights

The presenter is long shares of Star Bulk Carriers (SBLK), viewing it as one of the best positioned dry bulk carriers to benefit from macroeconomic tailwinds. At current levels ($11 per share), SBLK is meaningfully undervalued in the presenter’s opinion, and he believes SBLK shares will “easily” appreciate to $15 by mid-2018, with an eye on $20 per share ultimately.

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Idea Discussion

Commentor 1 - 2 weeks ago

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