SFL stock: buy or sell?
March 27th, 2020
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 pick and when is the best moment to buy them. At Stocks2.com, we like to use very simple but trusted and powerful trend following trading strategies. Simple things usually work the best.
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?
Financial institutions and banks publish stock ratings everyday.Unfortunately, we couldn't find any rating for SFL stock for the last 30 days.
SFL stock analysis
After boosting a super good 10.37% on March 26th, Ship Finance International closed yesterday at $9.72 and soared a decent 1.78%.
After boosting a super good 10.37% on March 26th, Ship Finance International closed yesterday at $9.72 and soared a decent 1.78%. Since price and SMA200d lines crossed down on February/21, SFL fell $-3.21 per share (-24.83%). SFL marked a lower low and a lower high in the short term, defining a downward trend. Climbing above $12.37 would break this short term down trend and open possibilities for reversing this situation. On January, SFL hit new all time highs, pushing higher previous ATH of $14.32 recorded on January. New ATHs are usual entry points for many trading setups as there aren't higher resistences.
After sliding for 4 weeks, this week Ship Finance International rocketed an exceptional 29.60%, closing at $9.72. Last week SFL collapsed a bloodcurdling -46.27% in just one week. After 4 weeks sliding, this week raised a 20.24%.
Not so far away is the last all-time high Ship Finance International marked by mid January, but since then it dropped a 32.12%.
SFL stock price history
SFL IPO was on June 17th, 2004 at $2.63 per share1. Since then, SFL stock grew a 269.60%, with an average of 18.00% per year. If you had invested right after SFL's IPO a $1,000 in SFL stock in 2004, it would worth $2,696.00 today.
1: Adjusted price after possible price splits or reverse-splits.
SFL stock historical price chart
SFL stock reached all-time highs on January with a price of $14.32.
SFL stock price targetHow much a stock will be priced tomorrow or next week is quite unpredictable However, many stock price predictions are published every day by banks, financial institutions and independent analysts. The accuracy of these stock price predictions is not very high, and you should not blindly believe and make decisions only based on what this ratings or price target predictions say. For the last month we have not found any price prediction for Ship Finance International stock by any trusted analyst.
Financials and fundamental analysis
Earnings date and Earnings per Share, Ship Finance International failed to meet the forecasts of the experts and reported a hair-raising EPS of $0.14 per share when experts were expecting $0.33.
|Quarter||Reporting date||Estimated EPS||Actual EPS||Surprise|
Annual financial resultsIn 2018, Ship Finance International annual sales rose a superb 9.93% to $418.71 M USD from $380.88 marked in 2017. When comparing 2018 vs 2017, by contrast, profit margin (that is, the net income divided by revenues) fell a -8.99% to 17.58%.
|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 reported $118.57 million in sales for 2018-Q4, a 6.82% up compared to previous quarter. Reported quarter earnings marked $3.47 million with a profit margin of 2.93%. Profit margin plummed a -23.86% compared to previous quarter when profit margin was 26.79%. When comparing sales to same quarter last year, Ship Finance International sales marked a super good increase and climbed a 23.38%. Looking back to recent quarterly results, Ship Finance International posted 3 positive 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 have a look its ownership structure.
Ship Finance International shares owned by insiders (that is, founders, CEO, CTO, main executives or other management staff) currently counts a 30.79% of all shares.
In case of Ship Finance International stock, 35.64% 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 understanding, the following table shows ownership data compared to other related companies:
|Market cap||$1.0 B|
|Total shares||107.6 M|
|Float shares||80.6 M|
|- Institutional holdings (%)||35.6%|
|- Insider holdings (%)||30.8%|
|Shares in short selling||0.0%|
|Friday, March 27th, 2020|
|Day range||$9.05 - $9.80|
|Average true range||$1.24|
|50d mov avg||$11.74|
|100d mov avg||$12.76|
|200d mov avg||$12.70|
Ship Finance International performanceStocks performance is always measured in comparision to the market or competitors and related stocks in the same industry. We compared Ship Finance International against in the following table:
|SFLShip Finance Inte...||-31.11%||-26.86%||-12.12%|