Critical Insights From Eagle Bulk Shipping Analyst Ratings: What You Need To Know

Providing a diverse range of perspectives from bullish to bearish, 4 analysts have published ratings on Eagle Bulk Shipping EGLE in the last three months.

The table below provides a snapshot of their recent ratings, showcasing how sentiments have evolved over the past 30 days and comparing them to the preceding months.

In the assessment of 12-month price targets, analysts unveil insights for Eagle Bulk Shipping, presenting an average target of $53.3, a high estimate of $55.00, and a low estimate of $52.00. A 16.72% drop is evident in the current average compared to the previous average price target of $64.00.

Investigating Analyst Ratings: An Elaborate Study

The standing of Eagle Bulk Shipping among financial experts is revealed through an in-depth exploration of recent analyst actions. The summary below outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.

Key Insights:

• Action Taken: Responding to changing market dynamics and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their response to recent developments related to Eagle Bulk Shipping. This offers insight into analysts' perspectives on the current state of the company.
• Rating: Offering insights into predictions, analysts assign qualitative values, from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of Eagle Bulk Shipping compared to the broader market.
• Price Targets: Analysts gauge the dynamics of price targets, providing estimates for the future value of Eagle Bulk Shipping's stock. This comparison reveals trends in analysts' expectations over time.

Understanding these analyst evaluations alongside key financial indicators can offer valuable insights into Eagle Bulk Shipping's market standing. Stay informed and make well-considered decisions with our Ratings Table.

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About Eagle Bulk Shipping

Eagle Bulk Shipping Inc is a U.S.-based, fully integrated shipowner-operator, providing global transportation solutions to miners, producers, traders and end users. The company is engaged in the ocean transportation of drybulk cargoes worldwide through the ownership, charter and operation of drybulk vessels. The company focuses on the versatile midsize drybulk vessel segment. The Company's fleet is comprised of Supramax and Ultramax drybulk carriers.

Key Indicators: Eagle Bulk Shipping's Financial Health

Market Capitalization Analysis: Below industry benchmarks, the company's market capitalization reflects a smaller scale relative to peers. This could be attributed to factors such as growth expectations or operational capacity.

Negative Revenue Trend: Examining Eagle Bulk Shipping's financials over 3 months reveals challenges. As of 30 September, 2023, the company experienced a decline of approximately -55.42% in revenue growth, reflecting a decrease in top-line earnings. In comparison to its industry peers, the company trails behind with a growth rate lower than the average among peers in the Industrials sector.

Net Margin: Eagle Bulk Shipping's net margin is below industry standards, pointing towards difficulties in achieving strong profitability. With a net margin of -6.24%, the company may encounter challenges in effective cost control.

Return on Equity (ROE): Eagle Bulk Shipping's ROE is below industry standards, pointing towards difficulties in efficiently utilizing equity capital. With an ROE of -0.85%, the company may encounter challenges in delivering satisfactory returns for shareholders.

Return on Assets (ROA): The company's ROA is below industry benchmarks, signaling potential difficulties in efficiently utilizing assets. With an ROA of -0.44%, the company may need to address challenges in generating satisfactory returns from its assets.

Debt Management: Eagle Bulk Shipping's debt-to-equity ratio surpasses industry norms, standing at 0.85. This suggests the company carries a substantial amount of debt, posing potential financial challenges.

The Significance of Analyst Ratings Explained

Benzinga tracks 150 analyst firms and reports on their stock expectations. Analysts typically arrive at their conclusions by predicting how much money a company will make in the future, usually the upcoming five years, and how risky or predictable that company's revenue streams are.

Analysts attend company conference calls and meetings, research company financial statements, and communicate with insiders to publish their ratings on stocks. Analysts typically rate each stock once per quarter or whenever the company has a major update.

Some analysts publish their predictions for metrics such as growth estimates, earnings, and revenue to provide additional guidance with their ratings. When using analyst ratings, it is important to keep in mind that stock and sector analysts are also human and are only offering their opinions to investors.

If you want to keep track of which analysts are outperforming others, you can view updated analyst ratings along withanalyst success scores in Benzinga Pro.

This article was generated by Benzinga's automated content engine and reviewed by an editor.