NASDAQ:EDRY

EuroDry - EDRY Stock Forecast, Price & News

$13.00

-0.11 (-0.84%)

(As of 09/30/2022 12:00 AM ET)

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Today's Range: $12.88
▼
$13.60
50-Day Range: $12.94
▼
$18.99
52-Week Range: $12.71
▼
$44.99

Volume: 23,190 shs
Average Volume: 35,966 shs
Market Capitalization: $38.74 million

P/E Ratio: 0.77
Dividend Yield: N/A
Price Target: $38.00

EuroDry MarketRank™ Forecast

Analyst Rating: N/A
0.00 Rating Score
Upside/Downside: 192.3% Upside
$38.00 Price Target
Short Interest: Healthy
4.48% of Float Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: 1.33
Based on 4 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: N/A

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.03 out of 5 stars

Transportation Sector

82nd out of 125 stocks

Water Transportation Industry

9th out of 19 stocks

2.0

Analyst's Opinion

Price Target Upside/Downside
According to analysts' consensus price target of $38.00, EuroDry has a forecasted upside of 192.3% from its current price of $13.00.
Amount of Analyst Coverage
EuroDry has received no research coverage in the past 90 days.

5.0

Short Interest

Percentage of Shares Shorted
4.48% of the float of EuroDry has been sold short.
Short Interest Ratio / Days to Cover
EuroDry has a short interest ratio ("days to cover") of 1.6, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in EuroDry has recently decreased by 16.12%, indicating that investor sentiment is improving significantly.

0.0

Dividend Strength

Dividend Yield
EuroDry does not currently pay a dividend.
Dividend Growth
EuroDry does not have a long track record of dividend growth.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for EDRY.

3.5

News and Social Media Coverage

News Sentiment
EuroDry has a news sentiment score of 1.33. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.47 average news sentiment score of Transportation companies.
News Coverage This Week
MarketBeat has tracked 4 news articles for EuroDry this week, compared to 2 articles on an average week.
Search Interest
Only 3 people have searched for EDRY on MarketBeat in the last 30 days. This is a decrease of -25% compared to the previous 30 days.
MarketBeat Follows
3 people have added EuroDry to their MarketBeat watchlist in the last 30 days. This is an increase of 200% compared to the previous 30 days.

0.0

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, EuroDry insiders have not sold or bought any company stock.
Percentage Held by Institutions
Only 9.01% of the stock of EuroDry is held by institutions.

1.9

Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of EuroDry is 0.77, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 118.06.
Price to Earnings Ratio vs. Sector
The P/E ratio of EuroDry is 0.77, which means that it is trading at a less expensive P/E ratio than the Transportation sector average P/E ratio of about 16.68.
Price to Book Value per Share Ratio
EuroDry has a P/B Ratio of 0.47. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About EuroDry (NASDAQ:EDRY) Stock

EuroDry Ltd., through its subsidiaries, provides ocean-going transportation services worldwide. The company owns and operates drybulk carriers that transport major bulks, such as iron ore, coal, and grains; and minor bulks, including bauxite, phosphate, and fertilizers. As of March 31, 2022, it operated a fleet of ten drybulk carriers comprising five Panamax drybulk carriers, two Ultramax drybulk carrier, two Kamsarmax carriers, and one Supramax drybulk carrier with a cargo capacity of 726,555 deadweight tons. EuroDry Ltd. was incorporated in 2018 and is based in Marousi, Greece.

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EDRY Stock News Headlines

September 23, 2022 | streetinsider.com

Form PRE 14A Cosmos Holdings Inc. For: Nov 07 - StreetInsider.com

September 23, 2022 | americanbankingnews.com

EuroDry (NASDAQ:EDRY) Given New $38.00 Price Target at Maxim Group

September 22, 2022 | americanbankingnews.com

EuroDry Ltd. (NASDAQ:EDRY) Sees Significant Increase in Short Interest

September 21, 2022 | benzinga.com

Why SOBR Safe Shares Surged Around 233%; Here Are 68 Biggest Movers From Yesterday - Amyris (NASDAQ:AMRS) - Benzinga

September 20, 2022 | benzinga.com

12 Industrials Stocks Moving In Tuesday's Intraday Session - Antelope Ent Hldgs (NASDAQ:AEHL), ATIF Holdi - Benzinga

September 20, 2022 | seekingalpha.com

EuroDry Stock: A Bargain; Major Catalyst Ahead (NASDAQ:EDRY) - Seeking Alpha

September 19, 2022 | globenewswire.com

EuroDry Ltd. Announces Agreement to Sell M/V “Pantelis”, a 2000-built Panamax Bulk Carrier - GlobeNewswire

September 19, 2022 | finance.yahoo.com

EuroDry Ltd. Announces Agreement to Sell M/V “Pantelis”, a 2000-built Panamax Bulk Carrier

September 15, 2022 | globenewswire.com

REMINDER - Leading LNG, LPG, Crude and Product Tanker Companies Presenting at Capital Link's 14th Annual New York Maritime Forum September 21, 2022 in NYC - GlobeNewswire

September 7, 2022 | seekingalpha.com

ESEA, TPIC, EDRY among top industrial movers - Seeking Alpha

August 16, 2022 | seekingalpha.com

EuroDry Stock: Better Priced Than Euroseas With Better Perspective - Seeking Alpha

August 12, 2022 | seekingalpha.com

Euroseas: Leveraging The Present For The Future

August 9, 2022 | nasdaq.com

EuroDry (EDRY) Q2 Earnings Miss Estimates - Nasdaq

August 8, 2022 | globenewswire.com

EuroDry Ltd. Reports Results for the Six-Month Period and Quarter Ended June 30, 2022 and Announces Share Repurchase Program - GlobeNewswire

August 8, 2022 | finance.yahoo.com

EuroDry Ltd. Reports Results for the Six-Month Period and Quarter Ended June 30, 2022 and Announces Share Repurchase Program

August 5, 2022 | benzinga.com

Earnings Preview: EuroDry - Benzinga

August 3, 2022 | globenewswire.com

EuroDry Ltd. Sets Date for the Release of Second Quarter 2022 Results, Conference Call and Webcast - GlobeNewswire

August 2, 2022 | benzinga.com

EuroDry Ltd. Sets Date for the Release of Second Quarter 2022 Results, Conference Call and Webcast - Benzinga

August 2, 2022 | finance.yahoo.com

EuroDry Ltd. Sets Date for the Release of Second Quarter 2022 Results, Conference Call and Webcast

July 20, 2022 | finance.yahoo.com

EuroDry's (NASDAQ:EDRY) investors will be pleased with their splendid 101% return over the last three years - Yahoo Finance

July 20, 2022 | nasdaq.com

EuroDry (NASDAQ:EDRY) shareholders have earned a 26% CAGR over the last three years - Nasdaq

July 20, 2022 | finance.yahoo.com

EuroDry's (NASDAQ:EDRY) investors will be pleased with their splendid 101% return over the last three years

July 8, 2022 | seekingalpha.com

EuroDry Stock: Is The 70% Discount To NAV Justified? (NASDAQ:EDRY) - Seeking Alpha

June 2, 2022 | finance.yahoo.com

The Trend Of High Returns At EuroDry (NASDAQ:EDRY) Has Us Very Interested

May 24, 2022 | seekingalpha.com

Euroseas Ltd (ESEA) CEO Aristides Pittas on Q1 2022 Earnings Call Transcript - Seeking Alpha

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EDRY Company Calendar

Last Earnings: 8/08/2022
Today: 10/01/2022
Next Earnings (Estimated): 11/09/2022
Fiscal Year End: 12/31/2022

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Industry, Sector and Symbol

Stock Exchange: NASDAQ
Industry: Water transportation
Sub-Industry: N/A
Sector: Transportation
Current Symbol: NASDAQ:EDRY
CUSIP: N/A
CIK: 1731388
Web: www.eurodry.gr
Phone: 302111804006
Fax: N/A
Employees: N/A
Year Founded: N/A

Price Target and Rating

Average Stock Price Forecast: $38.00
High Stock Price Forecast: $38.00
Low Stock Price Forecast: $38.00
Forecasted Upside/Downside: +192.3%
Consensus Rating: N/A
Rating Score (0-4): 0.00
Research Coverage: 0 Analysts

Profitability

EPS (Most Recent Fiscal Year): $16.98
Trailing P/E Ratio: 0.77
Forward P/E Ratio: 0.83
P/E Growth: N/A
Net Income: $31.15 million
Net Margins: 60.70%
Pretax Margin: 60.70%
Return on Equity: 51.28%
Return on Assets: 25.83%

Debt

Debt-to-Equity Ratio: 0.47
Current Ratio: 0.55
Quick Ratio: 0.52

Sales & Book Value

Annual Sales: $64.44 million
Price / Sales: 0.60
Cash Flow: $13.98 per share
Price / Cash Flow: 0.93
Book Value: $27.75 per share
Price / Book: 0.47

Miscellaneous

Outstanding Shares: 2,980,000
Free Float: N/A
Market Cap: $38.74 million
Optionable: Not Optionable
Beta: 0.47

Key Executives

Mr. Aristides J. Pittas (Age 62)
Chairman, Pres & CEO

Dr. Anastasios Aslidis (Age 62)
CFO, Treasurer & Director

Mr. Symeon Pariaros
Chief Admin. Officer

Ms. Stephania Karmiri (Age 54)
Sec.

Key Competitors

View All Competitors

Insiders & Institutions

Renaissance Technologies LLC
Bought 11,400 shares on 8/13/2022
Ownership: 1.263%

View All Insider Transactions
View All Institutional Transactions

EDRY Stock - Frequently Asked Questions

What is EuroDry's stock price forecast for 2022?: 0 Wall Street research analysts have issued 12 month target prices for EuroDry's shares. Their EDRY share price forecasts range from $38.00 to $38.00. On average, they expect the company's stock price to reach $38.00 in the next twelve months. This suggests a possible upside of 192.3% from the stock's current price.
View analysts price targets for EDRY or view top-rated stocks among Wall Street analysts.
How have EDRY shares performed in 2022?: EuroDry's stock was trading at $19.04 at the start of the year. Since then, EDRY stock has decreased by 31.7% and is now trading at $13.00.
View the best growth stocks for 2022 here.
When is EuroDry's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Wednesday, November 9th 2022.
View our EDRY earnings forecast.
How were EuroDry's earnings last quarter?: EuroDry Ltd. (NASDAQ:EDRY) released its earnings results on Monday, August, 8th. The company reported $3.38 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $3.60 by $0.22. The company earned $20.97 million during the quarter, compared to the consensus estimate of $20.77 million. EuroDry had a trailing twelve-month return on equity of 51.28% and a net margin of 60.70%.

What other stocks do shareholders of EuroDry own?: Based on aggregate information from My MarketBeat watchlists, some companies that other EuroDry investors own include Primo Water (PRMW), Akero Therapeutics (AKRO), Alpine Immune Sciences (ALPN), Advanced Micro Devices (AMD), Ampio Pharmaceuticals (AMPE), Applied DNA Sciences (APDN), Brainstorm Cell Therapeutics (BCLI), Biocept (BIOC), Bionano Genomics (BNGO) and Boxlight (BOXL).
What is EuroDry's stock symbol?: EuroDry trades on the NASDAQ under the ticker symbol "EDRY."
How do I buy shares of EuroDry?: Shares of EDRY stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.
What is EuroDry's stock price today?: One share of EDRY stock can currently be purchased for approximately $13.00.
How much money does EuroDry make?: EuroDry (NASDAQ:EDRY) has a market capitalization of $38.74 million and generates $64.44 million in revenue each year. The company earns $31.15 million in net income (profit) each year or $16.98 on an earnings per share basis.
How can I contact EuroDry?: EuroDry's mailing address is 4 MESSOGIOU & EVROPIS STREET, MAROUSSI J3, 15124. The official website for the company is www.eurodry.gr. The company can be reached via phone at 302111804006 or via email at smp@euroseas.gr.

This page (NASDAQ:EDRY) was last updated on 10/1/2022 by MarketBeat.com Staff

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EuroDry - EDRY Stock Forecast, Price & News

EuroDry MarketRank™ Forecast

Overall MarketRank™

Analyst's Opinion

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

News Sentiment

News Coverage This Week

Search Interest

MarketBeat Follows