Alert: Negative Investment/Fundamental Signals (11/10/23)-SFL Corp Ltd (NYSE: SFL)


SFL Corp Ltd (NYSE: SFL) has recently experienced important negative changes in fundamentals: the consensus estimate for December, 2023 decreased significantly, significant quarterly earnings deceleration occurred, and the consensus estimate for December, 2024 decreased significantly.

Recent extremely meaningful negative changes in investment behavior have impacted SFL Corp Ltd (NYSE: SFL): negative upside/downside volume developed, and its shorter term price trend turned down.

In light of these highly negative signals we are reviewing our current Overall Rating of B. We would view the shares with caution pending completion of this review in the next several days.


Current PriceTarget Research Rating

SFL’s future returns on capital are forecasted to be above the cost of capital. Accordingly, the company is expected to continue to be an important Value Builder.

SFL has a current Value Trend Rating of B (Positive). This rating combines inconsistent signals from two proprietary PTR measures of a stock’s attractiveness. SFL has a neutral Appreciation Score of 56 but a good Power Rating of 82, resulting in the Positive Value Trend Rating.

Recent Price Action

SFL Corp Ltd (NYSE: SFL) stock closed at $10.88 on 11/10/23 after a modest gain of 0.9%. The stock has been exceptionally strong relative to the market over the last nine months but has declined -3.4% during the last week.

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