The 10-second takeaway
Comparing the upcoming quarter to the prior-year quarter, average analyst estimates predict Safe Bulkers' revenues will grow 6.0% and EPS will compress 13.9%.
The average estimate for revenue is $43.6 million. On the bottom line, the average EPS estimate is $0.31.
Last quarter, Safe Bulkers notched revenue of $44.1 million. GAAP reported sales were 4.3% higher than the prior-year quarter's $42.3 million.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.
Last quarter, non-GAAP EPS came in at $0.32. GAAP EPS of $0.30 for Q1 were 27% lower than the prior-year quarter's $0.41 per share.
Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.
For the preceding quarter, gross margin was 78.7%, 760 basis points worse than the prior-year quarter. Operating margin was 56.7%, 1,200 basis points worse than the prior-year quarter. Net margin was 49.0%, 1,560 basis points worse than the prior-year quarter.
The full year's average estimate for revenue is $185.6 million. The average EPS estimate is $1.32.
The stock has a four-star rating (out of five) at Motley Fool CAPS, with 239 members out of 258 rating the stock outperform, and 19 members rating it underperform. Among 79 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 72 give Safe Bulkers a green thumbs-up, and seven give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Safe Bulkers is outperform, with an average price target of $8.40.
Over the decades, small-cap stocks like Safe Bulkers have produced market-beating returns, provided they're value-priced and have solid businesses. Read about a pair of companies with a lock on their markets in "Too Small to Fail: Two Small Caps the Government Won't Let Go Broke." Click here for instant access to this free report.
- Add Safe Bulkers to My Watchlist.
Seth Jayson had no position in any company mentioned here at the time of publication. You can view his stock holdings here. He is co-advisor of Motley Fool Hidden Gems, which provides new small-cap ideas every month, backed by a real-money portfolio. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.