Eagle Bulk Shipping
Market Cap
US$562.1m
Last Updated
2021/05/08 00:08 UTC
Data Sources
Company Financials +
Executive Summary
Eagle Bulk Shipping Inc. engages in the ocean transportation of dry bulk cargoes worldwide. More Details
Rewards
Risk Analysis
Snowflake Analysis
Moderate growth potential and slightly overvalued.
Similar Companies
Share Price & News
How has Eagle Bulk Shipping's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: EGLE is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 10% a week.
Volatility Over Time: EGLE's weekly volatility (10%) has been stable over the past year.
Market Performance
7 Day Return
11.9%
EGLE
5.7%
US Shipping
-0.3%
US Market
1 Year Return
307.5%
EGLE
98.8%
US Shipping
50.2%
US Market
Return vs Industry: EGLE exceeded the US Shipping industry which returned 100% over the past year.
Return vs Market: EGLE exceeded the US Market which returned 51.8% over the past year.
Shareholder returns
| EGLE | Industry | Market | |
|---|---|---|---|
| 7 Day | 11.9% | 5.7% | -0.3% |
| 30 Day | 33.1% | 17.7% | 2.2% |
| 90 Day | 114.7% | 42.8% | 3.8% |
| 1 Year | 307.5%307.5% | 101.5%98.8% | 52.7%50.2% |
| 3 Year | 22.6%22.6% | 22.5%13.9% | 63.4%53.1% |
| 5 Year | -35.9%-35.9% | 53.7%30.5% | 129.6%104.0% |
Long-Term Price Volatility Vs. Market
How volatile is Eagle Bulk Shipping's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall St
If You Had Bought Eagle Bulk Shipping (NASDAQ:EGLE) Stock A Year Ago, You Could Pocket A 266% Gain Today1 month ago | Simply Wall St
Is Eagle Bulk Shipping (NASDAQ:EGLE) Using Debt Sensibly?2 months ago | Simply Wall St
Analysts Just Shipped A Captivating Upgrade To Their Eagle Bulk Shipping Inc. (NASDAQ:EGLE) EstimatesValuation
Is Eagle Bulk Shipping undervalued compared to its fair value and its price relative to the market?
>50%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: EGLE ($48.49) is trading below our estimate of fair value ($176.6)
Significantly Below Fair Value: EGLE is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: EGLE is unprofitable, so we can't compare its PE Ratio to the US Shipping industry average.
PE vs Market: EGLE is unprofitable, so we can't compare its PE Ratio to the US market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate EGLE's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: EGLE is overvalued based on its PB Ratio (1.2x) compared to the US Shipping industry average (0.9x).
Future Growth
How is Eagle Bulk Shipping forecast to perform in the next 1 to 3 years based on estimates from 4 analysts?
37.0%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: EGLE is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (2%).
Earnings vs Market: EGLE is forecast to become profitable over the next 3 years, which is considered above average market growth.
High Growth Earnings: EGLE's is expected to become profitable in the next 3 years.
Revenue vs Market: EGLE's revenue is expected to decline over the next 3 years (-2.1% per year).
High Growth Revenue: EGLE's revenue is forecast to decline over the next 3 years (-2.1% per year).
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: EGLE's Return on Equity is forecast to be low in 3 years time (8.5%).
Past Performance
How has Eagle Bulk Shipping performed over the past 5 years?
51.7%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: EGLE is currently unprofitable.
Growing Profit Margin: EGLE is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: EGLE is unprofitable, but has reduced losses over the past 5 years at a rate of 51.7% per year.
Accelerating Growth: Unable to compare EGLE's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: EGLE is unprofitable, making it difficult to compare its past year earnings growth to the Shipping industry (20.6%).
Return on Equity
High ROE: EGLE has a negative Return on Equity (-4.51%), as it is currently unprofitable.
Financial Health
How is Eagle Bulk Shipping's financial position?
Financial Position Analysis
Short Term Liabilities: EGLE's short term assets ($127.3M) exceed its short term liabilities ($92.2M).
Long Term Liabilities: EGLE's short term assets ($127.3M) do not cover its long term liabilities ($447.6M).
Debt to Equity History and Analysis
Debt Level: EGLE's debt to equity ratio (101.1%) is considered high.
Reducing Debt: EGLE's debt to equity ratio has increased from 52.8% to 101.1% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: EGLE has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if EGLE has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.
Dividend
What is Eagle Bulk Shipping current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate EGLE's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate EGLE's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if EGLE's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if EGLE's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of EGLE's dividend in 3 years as they are not forecast to pay a notable one for the US market.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
5.5yrs
Average management tenure
CEO
Gary Vogel (54 yo)
5.67yrs
Tenure
US$1,675,608
Compensation
Mr. Gary S. Vogel has been Chief Executive Officer and Director at Eagle Bulk Shipping Inc. since September 1, 2015. Mr. Vogel has a long career in the dry bulk shipping market. He has many years of experi...
CEO Compensation Analysis
Compensation vs Market: Gary's total compensation ($USD1.68M) is about average for companies of similar size in the US market ($USD1.73M).
Compensation vs Earnings: Gary's compensation has been consistent with company performance over the past year.
Leadership Team
Experienced Management: EGLE's management team is seasoned and experienced (5.5 years average tenure).
Board Members
Experienced Board: EGLE's board of directors are considered experienced (6.5 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 14.5%.
Top Shareholders
Company Information
Eagle Bulk Shipping Inc.'s company bio, employee growth, exchange listings and data sources
Key Information
- Name: Eagle Bulk Shipping Inc.
- Ticker: EGLE
- Exchange: NasdaqGS
- Founded: 2005
- Industry: Marine
- Sector: Transportation
- Market Cap: US$562.125m
- Shares outstanding: 12.55m
- Website: https://www.eagleships.com
Number of Employees
Location
- Eagle Bulk Shipping Inc.
- 300 First Stamford Place
- 5th Floor
- Stamford
- Connecticut
- 6902
- United States
Listings
Biography
Eagle Bulk Shipping Inc. engages in the ocean transportation of dry bulk cargoes worldwide. The company owns, charters, and operates dry bulk vessels that transport a range of bulk cargoes, including iron ...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/05/08 00:08 |
| End of Day Share Price | 2021/05/07 00:00 |
| Earnings | 2021/03/31 |
| Annual Earnings | 2020/12/31 |
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.