Nicos Rescos - Star Bulk Chief Officer

SBLK Stock  USD 20.10  0.08  0.40%   

Executive

Mr. Nicos Rescos is Chief Operating Officer of Star Bulk Carriers Corporationration Mr. Rescos has served as the Chief Operating Officer and Commercial Director of Oceanbulk Maritime S.A. since April 2010 since 2014.
Age 52
Tenure 10 years
Address 40 Agiou Konstantinou Street, Marousi, Greece, 15124
Phone30 210 61 78 400
Webhttps://www.starbulk.com
Rescos was involved in the shipping industry since 1993 and has strong expertise in the dry bulk, container and product tanker markets having been responsible for more than 120 vessel acquisitions and dispositions and several joint ventures in the drybulk and tanker sector. From 2007 to 2009, Mr. Rescos worked with a family fund in Greece investing in dry bulk vessels and product tankers. From 2000 to 2007, Mr. Rescos served as the Commercial Manager of Goldenport Holdings Inc. where he was responsible for the acquisition of 35 dry bulk and container vessels and initiated the company’s entry in the product tankers arena through an innovative joint venture with a major commodity trading company. He received a BSc in Management Sciences from The University of Manchester Institute of Science and Technology and an MSc in Shipping Trade and Finance from the City University Business School.

Star Bulk Management Efficiency

The company has return on total asset (ROA) of 0.0562 % which means that it generated a profit of $0.0562 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 0.1187 %, meaning that it created $0.1187 on every $100 dollars invested by stockholders. Star Bulk's management efficiency ratios could be used to measure how well Star Bulk manages its routine affairs as well as how well it operates its assets and liabilities. Return On Tangible Assets is expected to rise to 0.06 this year. Return On Capital Employed is expected to rise to 0.08 this year. Total Current Liabilities is expected to rise to about 377.3 M this year, although the value of Liabilities And Stockholders Equity will most likely fall to about 1.9 B.
Star Bulk Carriers currently holds 1.26 B in liabilities with Debt to Equity (D/E) ratio of 0.67, which is about average as compared to similar companies. Star Bulk Carriers has a current ratio of 2.03, suggesting that it is liquid enough and is able to pay its financial obligations when due. Note, when we think about Star Bulk's use of debt, we should always consider it together with its cash and equity.

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Star Bulk Carriers Corp., a shipping company, engages in the ocean transportation of dry bulk cargoes worldwide. Star Bulk Carriers Corp. was incorporated in 2006 and is based in Marousi, Greece. Star Bulk is traded on NASDAQ Exchange in the United States. Star Bulk Carriers (SBLK) is traded on NASDAQ Exchange in USA. It is located in 40 Agiou Konstantinou Street, Marousi, Greece, 15124 and employs 216 people. Star Bulk is listed under Marine Transportation category by Fama And French industry classification.

Management Performance

Star Bulk Carriers Leadership Team

Elected by the shareholders, the Star Bulk's board of directors comprises two types of representatives: Star Bulk inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Star. The board's role is to monitor Star Bulk's management team and ensure that shareholders' interests are well served. Star Bulk's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Star Bulk's outside directors are responsible for providing unbiased perspectives on the board's policies.
Charis Plakantonaki, Chief Officer
Constantinos Simantiras, Head Research
Christos Begleris, CoChief Officer
Georgia Mastagaki, CoGeneral CoSecretary
Simos Spyrou, CoChief Officer
Nicos Rescos, Chief Officer
Petros Pappas, CEO and Director
Zenon Kleopas, Executive Technology
Hamish Norton, President

Star Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Star Bulk a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

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When determining whether Star Bulk Carriers is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Star Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Star Bulk Carriers Stock. Highlighted below are key reports to facilitate an investment decision about Star Bulk Carriers Stock:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Star Bulk Carriers. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
You can also try the Analyst Advice module to analyst recommendations and target price estimates broken down by several categories.
Is Marine Transportation space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Star Bulk. If investors know Star will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Star Bulk listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
1.163
Dividend Share
2.12
Earnings Share
2.7
Revenue Per Share
11.52
Quarterly Revenue Growth
0.478
The market value of Star Bulk Carriers is measured differently than its book value, which is the value of Star that is recorded on the company's balance sheet. Investors also form their own opinion of Star Bulk's value that differs from its market value or its book value, called intrinsic value, which is Star Bulk's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Star Bulk's market value can be influenced by many factors that don't directly affect Star Bulk's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Star Bulk's value and its price as these two are different measures arrived at by different means. Investors typically determine if Star Bulk is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Star Bulk's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.