Is EuroDry Stock a Good Investment?
EuroDry Investment Advice | EDRY |
- Examine EuroDry's financial health by looking at its balance sheet, income statement, and cash flow statement. Analyze key financial ratios, such as Price-to-Earnings (P/E), Price-to-Sales (P/S), and Price-to-Book (P/B), to determine whether the stock is fairly valued or over/undervalued.
- Research EuroDry's leadership team and their track record. Good management can help EuroDry navigate difficult times and make strategic decisions that benefit shareholders and increases its net worth.
- Consider the overall health of the Marine Transportation space and any emerging trends that could impact EuroDry's business and its evolving consumer preferences.
- Compare EuroDry's performance and market position to its competitors. Analyze how EuroDry is positioned in terms of product offerings, innovation, and market share.
- Check if EuroDry pays a dividend and its dividend yield and payout ratio.
- Review what financial analysts are saying about EuroDry's stock and their price targets. However, remember that analysts' opinions can vary, and their predictions may not always be accurate.
It's important to note that investing in EuroDry stock, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember that it's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. Below is a detailed guide on how to decide if EuroDry is a good investment.
Sell | Buy |
Strong Sell
Market Performance | Very Weak | Details | |
Volatility | Not too volatile | Details | |
Hype Condition | Low key | Details | |
Current Valuation | Undervalued | Details | |
Odds Of Distress | Below Average | Details | |
Economic Sensitivity | Moves indifferently to market moves | Details | |
Investor Sentiment | Impartial | Details | |
Analyst Consensus | Strong Buy | Details | |
Financial Strenth (F Score) | Strong | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
Examine EuroDry Stock
Researching EuroDry's stock involves analyzing various aspects of the company and its industry to make an informed investment decision. The key areas to focus on are fundamentals, business model and competitive advantage. It is also important to analyze trends in revenue, net income, and cash flow, as well as key financial ratios, such as price-to-earnings (P/E), price-to-sales (P/S), and debt-to-equity (D/E). About 53.0% of the company shares are held by company insiders. The company has price-to-book (P/B) ratio of 0.32. Some equities with similar Price to Book (P/B) outperform the market in the long run. EuroDry recorded a loss per share of 2.22. The entity had not issued any dividends in recent years.
To determine if EuroDry is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding EuroDry's research are outlined below:
| EuroDry generated a negative expected return over the last 90 days | |
| EuroDry currently holds 103.93 M in liabilities with Debt to Equity (D/E) ratio of 0.69, which is about average as compared to similar companies. EuroDry has a current ratio of 0.54, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Note, when we think about EuroDry's use of debt, we should always consider it together with its cash and equity. | |
| The entity reported the previous year's revenue of 47.59 M. Net Loss for the year was (2.91 M) with profit before overhead, payroll, taxes, and interest of 25.21 M. | |
| EuroDry has a strong financial position based on the latest SEC filings | |
| About 53.0% of EuroDry shares are held by company insiders |
EuroDry Quarterly Cash And Short Term Investments |
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EuroDry uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in EuroDry. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to EuroDry's previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
| 12th of February 2024 Upcoming Quarterly Report | View | |
| 20th of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 12th of February 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 31st of December 2022 Last Financial Announcement | View |
Earnings surprises can significantly impact EuroDry's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate. Below are the table of largest EPS Surprises EuroDry's investors have experienced.
| Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
|---|---|---|---|---|---|---|---|
2021-05-20 | 2021-03-31 | 0.27 | 0.19 | -0.08 | 29 | ||
2021-02-16 | 2020-12-31 | -0.39 | -0.31 | 0.08 | 20 | ||
2019-02-19 | 2018-12-31 | 0.17 | 0.25 | 0.08 | 47 | ||
2018-08-09 | 2018-06-30 | 0.06 | 0.16 | 0.1 | 166 | ||
2024-02-15 | 2023-12-31 | 0.32 | 0.13 | -0.19 | 59 | ||
2022-11-10 | 2022-09-30 | 1.9 | 2.1 | 0.2 | 10 | ||
2020-02-12 | 2019-12-31 | 0.24 | 0.45 | 0.21 | 87 | ||
2019-11-14 | 2019-09-30 | -0.1 | -0.35 | -0.25 | 250 |
Know EuroDry's Top Institutional Investors
Have you ever been surprised when a price of an equity instrument such as EuroDry is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading EuroDry backward and forwards among themselves. EuroDry's institutional investor refers to the entity that pools money to purchase EuroDry's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| Shares | Tower Research Capital Llc | 2024-09-30 | 0.0 | Goss Wealth Management Llc | 2024-06-30 | 0.0 | Citadel Advisors Llc | 2024-06-30 | 0.0 | Register Financial Advisors Llc | 2024-09-30 | 0.0 | Advisor Group Holdings, Inc. | 2024-06-30 | 0.0 | Renaissance Technologies Corp | 2024-09-30 | 52.2 K | Linden Thomas Advisory Services Llc | 2024-12-31 | 29.7 K | Morgan Stanley - Brokerage Accounts | 2024-09-30 | 7.6 K | Blackrock Inc | 2024-09-30 | 2.1 K | Ubs Group Ag | 2024-09-30 | 1.1 K | Jpmorgan Chase & Co | 2024-09-30 | 200 |
EuroDry's market capitalization trends
The company currently falls under 'Micro-Cap' category with a current market capitalization of 32.48 M.Market Cap |
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EuroDry's profitablity analysis
| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | (0.01) | (0.01) | |
| Return On Capital Employed | 0.01 | 0.01 | |
| Return On Assets | (0.01) | (0.01) | |
| Return On Equity | (0.02) | (0.02) |
Determining EuroDry's profitability involves analyzing its financial statements and using various financial metrics to determine if EuroDry is a good buy. For example, gross profit margin measures EuroDry's profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of EuroDry's profitability and make more informed investment decisions.
Please note, the imprecision that can be found in EuroDry's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of EuroDry. Check EuroDry's Beneish M Score to see the likelihood of EuroDry's management manipulating its earnings.
Evaluate EuroDry's management efficiency
EuroDry has return on total asset (ROA) of 0.0152 % which means that it generated a profit of $0.0152 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of (0.0246) %, meaning that it created substantial loss on money invested by shareholders. EuroDry's management efficiency ratios could be used to measure how well EuroDry manages its routine affairs as well as how well it operates its assets and liabilities. Return On Tangible Assets is likely to rise to -0.01 in 2025. Return On Capital Employed is likely to drop to 0.01 in 2025. At this time, EuroDry's Net Tangible Assets are fairly stable compared to the past year. Non Currrent Assets Other is likely to rise to about 4.3 M in 2025, whereas Total Assets are likely to drop slightly above 155.2 M in 2025.| Last Reported | Projected for Next Year | ||
| Book Value Per Share | 38.90 | 21.79 | |
| Tangible Book Value Per Share | 38.90 | 21.79 | |
| Enterprise Value Over EBITDA | 9.30 | 4.66 | |
| Price Book Value Ratio | 0.55 | 0.47 | |
| Enterprise Value Multiple | 9.30 | 4.66 | |
| Price Fair Value | 0.55 | 0.47 | |
| Enterprise Value | 133.7 M | 140.4 M |
The strategic initiatives led by EuroDry's management are central to its market success. By analyzing these initiatives, we provide a clear picture of the stock's growth prospects.
Beta 0.804 |
Basic technical analysis of EuroDry Stock
As of the 30th of January, EuroDry shows the Standard Deviation of 2.74, variance of 7.5, and Mean Deviation of 2.03. EuroDry technical analysis allows you to utilize historical prices and volume patterns in order to determine a pattern that computes the direction of the firm's future prices.EuroDry's Outstanding Corporate Bonds
EuroDry issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. EuroDry uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most EuroDry bonds can be classified according to their maturity, which is the date when EuroDry has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
Understand EuroDry's technical and predictive indicators
Using predictive indicators to make investment decisions involves analyzing EuroDry's various financial and market-based factors to help forecast future trends and identify investment opportunities. Select the indicators that are most relevant to your investment strategy. Each indicator has its own strengths and weaknesses, so it's essential to combine multiple indicators to get a more comprehensive view of the market and reduce the risk of making poor decisions based on limited data.
| Risk Adjusted Performance | (0.21) | |||
| Market Risk Adjusted Performance | 8.91 | |||
| Mean Deviation | 2.03 | |||
| Coefficient Of Variation | (387.24) | |||
| Standard Deviation | 2.74 | |||
| Variance | 7.5 | |||
| Information Ratio | (0.29) | |||
| Jensen Alpha | (0.71) | |||
| Total Risk Alpha | (0.96) | |||
| Treynor Ratio | 8.9 | |||
| Maximum Drawdown | 12.0 | |||
| Value At Risk | (5.23) | |||
| Potential Upside | 4.4 | |||
| Skewness | 0.5283 | |||
| Kurtosis | 1.33 |
| Risk Adjusted Performance | (0.21) | |||
| Market Risk Adjusted Performance | 8.91 | |||
| Mean Deviation | 2.03 | |||
| Coefficient Of Variation | (387.24) | |||
| Standard Deviation | 2.74 | |||
| Variance | 7.5 | |||
| Information Ratio | (0.29) | |||
| Jensen Alpha | (0.71) | |||
| Total Risk Alpha | (0.96) | |||
| Treynor Ratio | 8.9 | |||
| Maximum Drawdown | 12.0 | |||
| Value At Risk | (5.23) | |||
| Potential Upside | 4.4 | |||
| Skewness | 0.5283 | |||
| Kurtosis | 1.33 |
Consider EuroDry's intraday indicators
EuroDry intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of EuroDry stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
EuroDry Corporate Filings
6K | 21st of November 2024 A report filed by foreign private issuers with SEC. A foreign private issuer is a non-U.S. company with securities traded on U.S. exchanges. | ViewVerify |
| 24th of April 2024 Other Reports | ViewVerify |
EuroDry Stock media impact
Far too much social signal, news, headlines, and media speculation about EuroDry that are available to investors today. That information is available publicly through EuroDry media outlets and privately through word of mouth or via EuroDry internal channels. However, regardless of the origin, that massive amount of EuroDry data is challenging to quantify into actionable patterns, especially for investors that are not very sophisticated with ever-evolving tools and techniques used in the investment management field.
A primary focus of EuroDry news analysis is to determine if its current price reflects all relevant headlines and social signals impacting the current market conditions. A news analyst typically looks at the history of EuroDry relative headlines and hype rather than examining external drivers such as technical or fundamental data. It is believed that price action tends to repeat itself due to investors' collective, patterned thinking related to EuroDry's headlines and news coverage data. This data is often completely overlooked or insufficiently analyzed for actionable insights to drive EuroDry alpha.
EuroDry Sentiment by Major News Outlets
Investor sentiment, mood or attitude towards EuroDry can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.
Additional Tools for EuroDry Stock Analysis
When running EuroDry's price analysis, check to measure EuroDry's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy EuroDry is operating at the current time. Most of EuroDry's value examination focuses on studying past and present price action to predict the probability of EuroDry's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move EuroDry's price. Additionally, you may evaluate how the addition of EuroDry to your portfolios can decrease your overall portfolio volatility.