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EuroDry Ltd (EDRY)
NASDAQ:EDRY
EuroDry (EDRY) Stock Price & Analysis
117 Followers
EDRY Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$13.42 - $23.98
Previous Close$20.58
Volume33.33K
Average Volume (3M)8.47K
Market Cap
$58.29M
Enterprise Value$104.27M
Total Cash (Recent Filing)N/A
Total Debt (Recent Filing)N/A
Price to Earnings (P/E)-19.7
Beta0.43
Next Earnings
May 15, 2024EPS Estimate
-$0.34Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-1.04
Shares Outstanding2,832,417
10 Day Avg. Volume4,777
30 Day Avg. Volume8,467
Standard Deviation0.19
R-Squared0.04
Alpha0.02
Financial Highlights & Ratios
Price to Book (P/B)0.51
Price to Sales (P/S)0.77
Price to Cash Flow (P/CF)N/A
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
$30.00Price Target Upside49.16% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering2
EuroDry News
Bulls Say, Bears Say
Bulls Say
Analyst RatingAnalyst maintains a Buy rating and $30 price target, representing 0.8x the 3Q24 book value per share estimate.
Earnings ForecastEDRY expects positive EPS in 2024 due to low growth in the supply of dry bulk ships.
Market DynamicsLonger voyages and more ships waiting at canals and ports will continue to cause periodic spikes in rates.
Bears Say
Cost ForecastForecast vessel operating expenses increase due to inflation and the potential for costs associated with adding three ships to the fleet in 4Q23.
Financial PerformanceLower than expected EPS primarily due to higher operating costs, highlighting profitability concerns.
RevenueShort-term contracts in 4Q23 were lower than spot dry bulk shipping rates, which could impact revenue.
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Options Prices
Currently, No data available
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Ownership Overview
0.00%
Insiders
0.12% Mutual Funds
0.70% Other Institutional Investors
99.18% Public Companies and
Individual Investors
EDRY FAQ
What was EuroDry Ltd’s price range in the past 12 months?
EuroDry Ltd lowest stock price was $13.42 and its highest was $23.98 in the past 12 months.
What is EuroDry Ltd’s market cap?
Currently, no data Available
When is EuroDry Ltd’s upcoming earnings report date?
EuroDry Ltd’s upcoming earnings report date is May 15, 2024 which is in 14 days.
How were EuroDry Ltd’s earnings last quarter?
EuroDry Ltd released its earnings results on Feb 15, 2024. The company reported $0.7 earnings per share for the quarter, beating the consensus estimate of $0.445 by $0.255.
Is EuroDry Ltd overvalued?
According to Wall Street analysts EuroDry Ltd’s price is currently Undervalued.
Does EuroDry Ltd pay dividends?
EuroDry Ltd does not currently pay dividends.
What is EuroDry Ltd’s EPS estimate?
EuroDry Ltd’s EPS estimate is -$0.34.
How many shares outstanding does EuroDry Ltd have?
EuroDry Ltd has 2,832,417 shares outstanding.
What happened to EuroDry Ltd’s price movement after its last earnings report?
EuroDry Ltd reported an EPS of $0.7 in its last earnings report, beating expectations of $0.445. Following the earnings report the stock price went up 0.705%.
Which hedge fund is a major shareholder of EuroDry Ltd?
Currently, no hedge funds are holding shares in EDRY
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EuroDry Stock Smart Score
Neutral
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Analyst Consensus
Moderate Buy
Average Price Target:
$30.00 (49.16% Upside)
$30.00 (49.16% Upside)
Blogger Sentiment
Bullish
EDRY Sentiment 100%
Sector Average 68%
Sector Average 68%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Positive
20 days / 200 days
Momentum
18.12%
12-Months-Change
Fundamentals
Return on Equity
-2.60%
Trailing 12-Months
Asset Growth
15.81%
Trailing 12-Months
Company Description
EuroDry Ltd
Eurodry Ltd. engages in the provision of ocean-going transportation services. It owns and operates drybulk carriers that transport major bulks such as iron ore, coal and grains, and minor bulks , which includes bauxite, phosphate, and fertilizers. The company was founded on January 8, 2018 and is headquartered in Athens, Greece.
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EDRY Company Deck
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EDRY Earnings Call
Q4 2024
0:00 / 0:00
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EDRY Stock 12 Months Forecast
Average Price Target
$30.00
▲(49.16% Upside)
Best Analysts Covering EDRY
1 Year
1 Year Success Rate
12/27 ratings generated profit
1 Year Average Return
+39.28%
reiterated a buy rating 2 months ago
Copying Tate Sullivan's trades and holding each position for 1 Year would result in 44.44% of your transactions generating a profit, with an average return of +39.28% per trade.
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