NASDAQ:EDRY

EuroDry Stock Forecast, Price & News

$6.76

+0.64 (+10.46 %)

(As of 01/15/2021 12:00 AM ET)

Add

Compare

Today's Range

$6.11

Now: $6.76▼

$6.85

50-Day Range

$5.00

MA: $5.74▼

$6.60

52-Week Range

$2.98

Now: $6.76▼

$13.20

Volume28,423 shs

Average Volume45,626 shs

Market Capitalization$15.58 million

P/E RatioN/A

Dividend YieldN/A

Beta0.19

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 comprising bauxite, phosphate, and fertilizers. As of March 31, 2020, it operated a fleet of seven drybulk vessels, including four Panamax drybulk carriers, one Ultramax drybulk carrier, and two Kamsarmax carriers with a cargo capacity of 528,931 deadweight tons. EuroDry Ltd. was founded in 2018 and is based in Maroussi, Greece.

Overall MarketRank^™

1.45 out of 5 stars

Transportation Sector

75th out of 210 stocks

Water Transportation Industry

10th out of 24 stocks

3.5 Analyst's Opinion

Consensus Rating
EuroDry has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 2 buy ratings, no hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $8.75, EuroDry has a forecasted upside of 29.4% from its current price of $6.76.
Amount of Analyst Coverage
EuroDry has received no research coverage in the past 90 days.

2.5 Community Rank

Outperform Votes
EuroDry has received 180 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
EuroDry has received 183 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
EuroDry has received 50.41% “underperform” votes from our community.

MarketBeat's community ratings are surveys of what our community members think about EuroDry and other stocks. Vote “Outperform” if you believe EDRY will outperform the S&P 500 over the long term. Vote “Underperform” if you believe EDRY will underperform the S&P 500 over the long term. You may vote once every thirty days.

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.

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 8.05% of the stock of EuroDry is held by institutions.

1.3 Earnings and Valuation

Earnings Growth
Earnings for EuroDry are expected to grow in the coming year, from ($3.20) to ($1.76) per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of EuroDry is -2.68, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Ratio vs. Sector
The P/E ratio of EuroDry is -2.68, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Book Value per Share Ratio
EuroDry has a P/B Ratio of 0.37. 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

Industry, Sector and Symbol

Stock Exchange NASDAQ

Industry Water transportation

Sub-IndustryN/A

SectorTransportation

Current SymbolNASDAQ:EDRY

Previous Symbol

CUSIPN/A

CIKN/A

Webwww.eurodry.gr

Phone30-211-1804006

EmployeesN/A

Debt

Debt-to-Equity Ratio1.30

Current Ratio0.38

Quick Ratio0.32

Price-To-Earnings

Trailing P/E RatioN/A

Forward P/E RatioN/A

P/E GrowthN/A

Sales & Book Value

Annual Sales$27.24 million

Price / Sales0.57

Cash Flow$3.14 per share

Price / Cash Flow2.15

Book Value$18.34 per share

Price / Book0.37

Profitability

EPS (Most Recent Fiscal Year)($0.69)

Net Income$20,000.00

Net Margins-17.85%

Return on Equity-8.95%

Return on Assets-3.03%

Miscellaneous

Outstanding Shares2,305,000

Market Cap$15.58 million

Next Earnings Date2/10/2021 (Estimated)

OptionableNot Optionable

$6.76

+0.64 (+10.46 %)

(As of 01/15/2021 12:00 AM ET)

30 days | 90 days | 365 days | Advanced Chart

Receive EDRY News and Ratings via Email

Sign-up to receive the latest news and ratings for EDRY and its competitors with MarketBeat's FREE daily newsletter.

EuroDry (NASDAQ:EDRY) Frequently Asked Questions

How has EuroDry's stock been impacted by COVID-19 (Coronavirus)?

EuroDry's stock was trading at $6.05 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, EDRY stock has increased by 11.7% and is now trading at $6.76.
View which stocks have been most impacted by COVID-19.

Is EuroDry a buy right now?

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for EuroDry in the last year. There are currently 2 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" EuroDry stock.
View analyst ratings for EuroDry or view MarketBeat's top 5 stock picks.

What stocks does MarketBeat like better than EuroDry?

Wall Street analysts have given EuroDry a "Buy" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but EuroDry wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

When is EuroDry's next earnings date?

EuroDry is scheduled to release its next quarterly earnings announcement on Wednesday, February 10th 2021.
View our earnings forecast for EuroDry.

How were EuroDry's earnings last quarter?

EuroDry Ltd. (NASDAQ:EDRY) announced its earnings results on Monday, November, 16th. The company reported $0.06 earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.41) by $0.47. The firm had revenue of $6.79 million for the quarter, compared to analyst estimates of $5.57 million. EuroDry had a negative net margin of 17.85% and a negative return on equity of 8.95%.
View EuroDry's earnings history.

What price target have analysts set for EDRY?

2 brokers have issued 12-month price objectives for EuroDry's shares. Their forecasts range from $7.50 to $10.00. On average, they anticipate EuroDry's share price to reach $8.75 in the next twelve months. This suggests a possible upside of 29.4% from the stock's current price.
View analysts' price targets for EuroDry or view Wall Street analyst' top-rated stocks.

Are investors shorting EuroDry?

EuroDry saw a increase in short interest in December. As of December 31st, there was short interest totaling 2,700 shares, an increase of 17.4% from the December 15th total of 2,300 shares. Based on an average trading volume of 376,400 shares, the short-interest ratio is currently 0.0 days. Approximately 0.2% of the company's stock are sold short.
View EuroDry's Short Interest.

Who are some of EuroDry's key competitors?

Some companies that are related to EuroDry include Royal Caribbean Group (RCL), Brookfield Infrastructure Partners (BIP), Carnival Co. & (CCL), Norwegian Cruise Line (NCLH), Kirby (KEX), Carnival Co. & (CUK), Matson (MATX), Golar LNG (GLNG), Teekay LNG Partners (TGP), Golden Ocean Group (GOGL), KNOT Offshore Partners (KNOP), GasLog (GLOG), Flex LNG (FLNG), Höegh LNG Partners (HMLP) and International Seaways (INSW).
View all of EDRY's competitors.

What other stocks do shareholders of EuroDry own?

Based on aggregate information from My MarketBeat watchlists, some companies that other EuroDry investors own include (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).

Who are EuroDry's key executives?

EuroDry's management team includes the following people:

Mr. Aristides J. Pittas, Chairman, Pres & CEO (Age 61)
Dr. Anastasios Aslidis, CFO, Treasurer & Director (Age 61)
Mr. Symeon Pariaros, Chief Admin. Officer
Ms. Stephania Karmiri, Sec. (Age 53)

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 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.

What is EuroDry's stock price today?

One share of EDRY stock can currently be purchased for approximately $6.76.

How big of a company is EuroDry?

EuroDry has a market capitalization of $15.58 million and generates $27.24 million in revenue each year. The company earns $20,000.00 in net income (profit) each year or ($0.69) on an earnings per share basis.

What is EuroDry's official website?

The official website for EuroDry is www.eurodry.gr.

How can I contact EuroDry?

EuroDry's mailing address is 4 MESSOGIOU & EVROPIS STREET, MAROUSSI J3, 15124. The company can be reached via phone at 30-211-1804006 or via email at [email protected]

This page was last updated on 1/16/2021 by MarketBeat.com Staff

30 Days of MarketBeat All Access for $1.00

Best-in-Class Portfolio Monitoring
View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio.
Stock Ideas and Recommendations
Get daily stock ideas top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report.
Advanced Stock Screeners and Research Tools
Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis.

Start Your Risk-Free Trial Subscription Here