SFL Corporation Ltd (NYSE:SFL) currently has a daily average trading volume of 1.33M but it saw 733958 shares traded in last market. With a market cap of 1.24B USD, the company’s current market price of $8.51 came falling about -0.82 while comparing to the previous closing price of $8.58. In past 52 weeks, the stock remained buoying in the range of price level as high as $14.42 and as low as $6.78. In the recent trading on the day, stock has struck highest price mark of $8.4107 while lowest mark touched by it was $8.57.
Pareto downgraded its recommendation for the stock as a “Hold” from “Buy” on August 18, 2023 while assigning a price target of $11. DNB Markets issued its recommendations for the stock as it downgraded the price target for the stock is $8.
Over the week, SFL’s stock price is moving -2.18% down while it is 5.19% when we observe its performance for the past one month. Year-to-date it is -16.73% down and over the past year, the stock is showing a downside performance of -40.03%.
The company is expected to be releasing its next quarterly report on 2025-May-13, for which analysts forecasted an EPS of -0.0 while estimate for next year EPS is -0.18. In next quarter, company is expected to be making quarterly sales of $183.6M as analysts are expecting the sales for current fiscal year at $732.22M and seeing the company making $782.15M in sales next year. Moreover, analysts are in estimates of $192.4M for current-quarter revenue.
Currently, SFL Corporation Ltd’s total number of outstanding shares is 133.47M with 17.86% of that held by the insiders while 39.43% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at 1.62% and return on equity (ROE) at 5.09%. It has a price to earnings ratio (P/E ratio) of 20.53 while having a 29.54 of forward P/E ratio. Stock’s beta reads 0.55. Stock has a price to book (P/B) ratio of 1.08 while price to sale or P/S ratio amounts to 1.43. Its return on asset (ROA) is 1.37% on average.
