Scorpio Bulkers is in the industrials sector and trades as part of the transportation and logistics industry. The company CEO is Emanuele A. Lauro. Scorpio Bulkers Inc is a shipping company. Its core activity is marine transportation of goods such as include iron ore, coal and grain and minor bulks which include bauxite, fertilizers and steel products.



Previous Intraday Performance:

The SALT shares had a previous change of -1.19% which opened at 4.24 and closed at 4.16. It moved to an intraday high of 4.40 and a low of 4.14.

SeekingAlpha:  Unprecedented Market Disconnects In Shipping

Historical Performance:

Over the last five trading days, SALT shares returned 8.33% and in the past 30 trading days it returned -10.13%. Over three months, it changed -33.67%. In one year it has changed -45.24% and within that year its 52-week high was 7.95 and its 52-week low was 3.57. SALT stock is 16.53% above its 52 Week Low.

Our calculations result in a 200 day moving average of 6.23 and a 50 day moving average of 4.85. Right now, SALT stock is trading -33.18% below its 200 day moving average and may not be a great opportunity to buy as it may continue to trend down.

SeekingAlpha:  Unprecedented Market Disconnects In Shipping

Liquidity:

The company has a market cap of $296.3m with 71.2m shares outstanding and a float of 71.2m shares. Trading volume was 477,607 shares and has experienced an average volume of 448,386 shares. Our calculation, using the current average volume and close price, leads me to believe that the liquidity is bad, highly speculative and an investor may want to avoid this stock.

Earnings:

The last annual reported EPS for Scorpio Bulkers was -0.03 which ended on 31st of December 2018. Based on 7 analyst estimates, the consensus EPS for the next quarter is 0.10.

Below was the last reported quarterly earnings per share:
12-31-2018:  0.02
09-30-2018:  0.02
06-30-2018:  0.01
03-31-2018:  -0.08

The dividend per share is currently 0.08, which is a dividend yield of 1.92%.

Base on our calculations, the intrinsic value per share is 61.75, which means it might be undervalued and has a margin of safety of 93.26%



The next earnings report will be: 03-15-2019

EPS growth is an important number as it indicates the future prospects of Scorpio Bulkers; it is usually expressed as a percentage and is then referred to as the EPS growth rate, which at this time is hard to estimate, but revenue growth has been 49.40% over the last twelve months.

Indicators Also to Watch:

Based on the latest filings, there is 57.60% of institutional ownership. Short-interest was 2,566,896, which was 3.60% of shares outstanding. The short-interest ratio or days-to-cover ratio was 5.26. This stock has some short interest, but it might be normal and no need to worry if long the position.

I calculated the beta to be 2.17

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Fundamental Numbers:

Based on last reported financials, the company’s return on equity is -1.46%, return on assets is -0.77%, profit margin is 37.56%, price-to-sales is 1.24 and price-to-book is 0.35.

Company Score Card:

Results are out of six:
 4  : Growth Expectations Result
 2  : Financial Safety Result
 0  : Past Performance Result
 3  : Valuation Result
 2  : Dividend Safety Result
 2  : Overall Result

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Jake McWilliams
I am an independent trader, analyst and algorithmic trading expert, having worked both for the sell side (brokerage) and the buy side (fund administration). I have been trading professionally for about 20 years. I trade stocks and forex and I play both long and short positions in underlying asset or through options. I have experience with discretionary and fully automated systems (Metatrader and Quantshare).

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