Eagle Bulk Shipping Stock Return On Equity

Summary

EGLEDelisted Stock

USD 62.60 0.13 0.21%

Eagle Bulk Shipping fundamentals help investors to digest information that contributes to Eagle Bulk's financial success or failures. It also enables traders to predict the movement of Eagle Stock. The fundamental analysis module provides a way to measure Eagle Bulk's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Eagle Bulk stock.

This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

Eagle Bulk Shipping Company Return On Equity Analysis

Eagle Bulk's Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income.

Return On Equity

Net Income

Total Equity

More About Return On Equity | All Equity Analysis

Current Eagle Bulk Return On Equity

0.032

Most of Eagle Bulk's fundamental indicators, such as Return On Equity, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Eagle Bulk Shipping is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

For most industries, Return on Equity between 10% and 30% are considered desirable to provide dividends to owners and have funds for the future growth of the company. Investors should be very careful using ROE as the only efficiency indicator because ROE can be high if a company is heavily leveraged.

Competition

Based on the latest financial disclosure, Eagle Bulk Shipping has a Return On Equity of 0.032. This is 92.73% lower than that of the Marine Transportation sector and significantly higher than that of the Industrials industry. The return on equity for all United States stocks is 110.32% lower than that of the firm.

Eagle Return On Equity Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Eagle Bulk's direct or indirect competition against its Return On Equity to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Eagle Bulk could also be used in its relative valuation, which is a method of valuing Eagle Bulk by comparing valuation metrics of similar companies.

Eagle Bulk is currently under evaluation in return on equity category among related companies.

Eagle Fundamentals

	Return On Equity	0.032
	Return On Asset	0.0136
	Profit Margin	0.06 %
	Operating Margin	0.19 %
	Current Valuation	1.07 B
	Shares Outstanding	11.07 M
	Shares Owned By Insiders	29.04 %
	Shares Owned By Institutions	66.93 %
	Number Of Shares Shorted	1.34 M
	Price To Earning	2.55 X
	Price To Book	1.15 X
	Price To Sales	1.76 X
	Revenue	393.8 M
	Gross Profit	351.43 M
	EBITDA	71.03 M
	Net Income	22.73 M
	Cash And Equivalents	138.96 M
	Cash Per Share	10.15 X
	Total Debt	492.53 M
	Debt To Equity	0.53 %
	Current Ratio	1.79 X
	Book Value Per Share	64.36 X
	Cash Flow From Operations	55.94 M
	Short Ratio	5.19 X
	Earnings Per Share	1.96 X
	Price To Earnings To Growth	0.04 X
	Target Price	61.29
	Number Of Employees	1.02 K
	Beta	1.5
	Market Capitalization	693.16 M
	Total Asset	1.15 B
	Retained Earnings	(156.73 M)
	Working Capital	(23.3 M)
	Current Asset	41.03 M
	Current Liabilities	37.91 M
	Annual Yield	0.02 %
	Net Asset	1.15 B
	Last Dividend Paid	1.38

About Eagle Bulk Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Eagle Bulk Shipping's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Eagle Bulk using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Eagle Bulk Shipping based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.

Please read more on our fundamental analysis page.

Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Eagle Bulk in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Eagle Bulk's short interest history, or implied volatility extrapolated from Eagle Bulk options trading.

Pair Trading with Eagle Bulk

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Eagle Bulk position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Eagle Bulk will appreciate offsetting losses from the drop in the long position's value.

Moving together with Eagle Stock

0.68	OP	Oceanpal	Pair Corr
0.76	SB	Safe Bulkers Earnings Call Tomorrow	Pair Corr
0.83	SB-PC	Safe Bulkers	Pair Corr
0.86	SB-PD	Safe Bulkers	Pair Corr

Moving against Eagle Stock

0.77	GASS	StealthGas	Pair Corr
0.71	ZIM	ZIM Integrated Shipping Trending	Pair Corr
0.6	NAT	Nordic American Tankers Financial Report 27th of May 2024	Pair Corr
0.58	PXSAW	Pyxis Tankers	Pair Corr
0.48	ESEA	Euroseas Financial Report 21st of May 2024	Pair Corr

The ability to find closely correlated positions to Eagle Bulk could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Eagle Bulk when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Eagle Bulk - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Eagle Bulk Shipping to buy it.

The correlation of Eagle Bulk is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Eagle Bulk moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Eagle Bulk Shipping moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for Eagle Bulk can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

Check out Investing Opportunities to better understand how to build diversified portfolios. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis.

You can also try the Portfolio Dashboard module to portfolio dashboard that provides centralized access to all your investments.

Other Consideration for investing in Eagle Stock

If you are still planning to invest in Eagle Bulk Shipping check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Eagle Bulk's history and understand the potential risks before investing.

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