SFL stock: buy or sell?
September 20th, 2019
Ship Finance International Limited owns and operates vessels and offshore related assets primarily in Bermuda, Cyprus, Malta, Liberia, Norway, the United Kingdom, and the Marshall Islands.
Should I buy SFL stock?Trading stocks requires experience and discipline, and your buying and selling decisions must come following a methodology. Trading strategies are meant for helping you in the decision process of what stocks to choose and when is the best moment to buy them. There are thousands of trading strategies for you to choose, but at Stocks2.com we prefer those that are simple but successful.
None of our preferred buy setups matches with Ship Finance International stock situation right now, hence this is not a suitable entry point.
|New all-time high||No|
|New 52 week high||No|
|Price crossing up 200d MA||No|
|100d MA crossing up 200d MA||No|
Is Ship Finance International stock a buy?
Everyday, hundreds of stock ratings are posted by financial analysts to indicate a particular stock's attractiveness.At Stocks2.com, we gathered 2 ratings published for SFL stock in the last month.
|Date||Analyst / Broker||Previous rating||Current rating|
SFL stock analysis
Ship Finance International shares stayed steady -0.07% to $14.10 yesterday.
Ship Finance International shares stayed stable -0.07% to $14.10 yesterday. On June, SMA100d and SMA200d crossed up triggering a rise of 20.00%. From a daily outlook perspective, SFL is drawing an uptrend of rising tops and rising bottoms. Since its last top on Sep/10 at $14.59, price slid and found support around $13.96. Breaking down under $13.96 would cancel the current uptrend and it might slide further to test lower supports. Note that $14.59 might act as a resistance line. Trading the long side, we should wait to a new breakout over $14.59 to find the next buy point. On August/16 SFL price bounced up over the SMA of 100 days demonstrating to be a significant support for this stock. On September 10th, SFL hit a new all time high, pushing higher than on Sep 9th tops. Check different trading setups that use ATHs as triggers.
After climbing for 4 weeks, this week Ship Finance International declined an unpleasant -1.33%, closing at $14.10. By mid August SFL climbed a dazzling 7.24% in just one week.
Ship Finance International stock is trading in the range of its last top and last bottom. Loosing would mean breaking the current uptrend. Breakdowns under last bottom are selling point signals for some trading strategies. Not so far away is the last all-time high Ship Finance International marked last week. Since late May when SMA20w and SMA40w crossed up, SFL price gained $1.72 per share (13.89%). Since price and SMA20w lines crossed up by mid June, SFL climbed $2.27 (19.19%).
SFL stock price history
SFL IPO was on June 17th, 2004 at $2.79 per share1. Since then, SFL stock grew a 405.40%, with an average of 27.00% per year. If you had invested right after SFL's IPO a $1,000 in SFL stock in 2004, it would worth $4,054.00 today.
1: Adjusted price after possible price splits or reverse-splits.
SFL stock historical price chart
SFL stock reached all-time highs on Sep/10 with a price of $14.59.
SFL stock price target is $11.90Nobody can reliably foresee how stock prices may evolve in the future. However, many stock price predictions are published every day by banks, financial institutions and independent analysts. We do not recommend to follow these stock price predictions without a critical thinking from your side, as their accuracy is usually low. For the last 30 days we only found 1 price prediction for Ship Finance International stock:
|Date||Analyst / Broker||Action||Previous target||Current target||Diff|
Financials and fundamental analysis
Earnings date and Earnings per ShareShip Finance International disappointed analysts on February when it published an Earnings per Share (EPS) of $0.14 when the market consensus was $0.33.
|Quarter||Reporting date||Estimated EPS||Actual EPS||Surprise|
Annual financial resultsCompared to 2017, last anual sales report draw a phenomenal increase of 9.93% to $418.71 million dollars. However, its earnings margin (compared to revenues) eased to 17.58%, that is $73.62 million.
|2013||$271 M||-||$89 M32.9%||-|
|2014||$248 M||-8.30%||$123 M49.4%||37.67%|
|2015||$407 M||63.77%||$201 M49.4%||63.52%|
|2016||$413 M||1.53%||$146 M35.5%||-27.10%|
|2017||$381 M||-7.77%||$101 M26.6%||-30.87%|
|2018||$419 M||9.93%||$74 M17.6%||-27.26%|
Quarterly financial resultsShip Finance International posted $118.57 million in revenues for 2018-Q4, a 6.82% up compared to previous quarter. Reported quarter earnings marked $3.47 M with a profit margin of 2.93%. Profit margin collapsed a -23.86% compared to previous quarter when profit margin was 26.79%. When comparing revenues to same quarter last year, Ship Finance International sales marked an exceptional gain and skyrocketed a 23.38%. Looking back to recent quarterly results, Ship Finance International posted 3 negative quarters in a row.
|2017-Q1||$97 M||-||$32 M33.3%||-|
|2017-Q2||$94 M||-2.75%||$20 M21.3%||-37.70%|
|2017-Q3||$81 M||-14.35%||$29 M35.6%||42.87%|
|2017-Q4||$96 M||19.09%||$20 M20.9%||-30.09%|
|2018-Q1||$92 M||-3.91%||$25 M26.7%||22.75%|
|2018-Q2||$97 M||4.81%||$16 M16.3%||-36.05%|
|2018-Q3||$111 M||14.67%||$30 M26.8%||88.58%|
|2018-Q4||$119 M||6.82%||$3 M2.9%||-88.33%|
Ship Finance International ownershipWhen you are planning to invest in shares of a stock, it's always worth to check its ownership structure.
Management staff in all public traded companies that hold equity is required to report every transaction to the SEC. For Ship Finance International, 31.01% of all outstanding shares are owned by its staff.
In case of Ship Finance International stock, 33.08% of its shares are held by institutions (mutual funds, pension funds, big banks and other large financial institutions). Bearish positions for SFL stock account 0.00%, no big difference from last month.
For a better context understanding, the next table shows ownership data compared to other related companies:
|Market cap||$1.7 B||$222.4 M||$855.9 M||$1.7 B||$1.3 B|
|Total shares||119.4 M||33.1 M||142.4 M||189.2 M||101.3 M|
|Float shares||80.5 M||33.0 M||89.8 M||74.8 M||87.0 M|
|- Institutional holdings (%)||33.1%||95.4%||48.5%||0.0%||86.6%|
|- Insider holdings (%)||31.0%||0.4%||43.6%||0.0%||7.6%|
|Shares in short selling||0.0%||0.0%||0.0%||0.0%||0.0%|
|Friday, September 20th, 2019|
|Day range||$14.09 - $14.28|
|Average true range||$0.26|
|50d mov avg||$13.20|
|100d mov avg||$12.66|
|200d mov avg||$11.99|
Ship Finance International performanceStocks performance is always measured in comparision to the market or competitors and related stocks in the same industry. We selected Ardmore Shipping, DHT, Frontline, Golar LNG, Golden Ocean, Nordic American Tankers, Teekay LNG Partners, Teekay, Teekay Tankers and Teekay Offshore Partners as the bechmarking frame for Ship Finance International stock.
|SFLShip Finance Inte...||17.30%||22.61%||13.99%|
|NATNordic American T...||-6.51%||0.00%||-1.95%|
|TGPTeekay LNG Partne...||19.35%||9.35%||9.58%|
|TOOTeekay Offshore P...||1.71%||-1.65%||-48.71%|