EDRY Stock Overview
Through its subsidiaries, provides ocean-going transportation services worldwide. More details
| Snowflake Score | |
|---|---|
| Valuation | 5/6 |
| Future Growth | 4/6 |
| Past Performance | 0/6 |
| Financial Health | 1/6 |
| Dividends | 0/6 |
My Notes
Capture your thoughts, links and company narrative
EuroDry Ltd. Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$10.71 |
| 52 Week High | US$24.84 |
| 52 Week Low | US$10.04 |
| Beta | 0.74 |
| 1 Month Change | -24.08% |
| 3 Month Change | -48.45% |
| 1 Year Change | -44.92% |
| 3 Year Change | -40.45% |
| 5 Year Change | 37.44% |
| Change since IPO | 41.81% |
Recent News & Updates
Market Cool On EuroDry Ltd.'s (NASDAQ:EDRY) Revenues Pushing Shares 25% Lower
Nov 06
EuroDry (NASDAQ:EDRY) Could Be Struggling To Allocate Capital
Nov 03Recent updates
Market Cool On EuroDry Ltd.'s (NASDAQ:EDRY) Revenues Pushing Shares 25% Lower
Nov 06EuroDry (NASDAQ:EDRY) Could Be Struggling To Allocate Capital
Nov 03Here's Why EuroDry (NASDAQ:EDRY) Is Weighed Down By Its Debt Load
Jan 06Analyst Forecasts Just Got A Lot More Bearish On EuroDry Ltd. (NASDAQ:EDRY)
Aug 11There's Been No Shortage Of Growth Recently For EuroDry's (NASDAQ:EDRY) Returns On Capital
May 05Are Investors Undervaluing EuroDry Ltd. (NASDAQ:EDRY) By 34%?
Oct 07EuroDry to sell Panamax bulk carrier M/V Pantelis for $9.7M
Sep 19EuroDry Is Much Better Priced Than Euroseas With Better Perspectives
Aug 16Here's Why EuroDry (NASDAQ:EDRY) Has A Meaningful Debt Burden
Jul 22EuroDry: Is The 70% Discount To NAV Justified?
Jul 08Letting The Market Cry, Buying EuroDry
May 20Industry Analysts Just Upgraded Their EuroDry Ltd. (NASDAQ:EDRY) Revenue Forecasts By 15%
Apr 28EuroDry (NASDAQ:EDRY) Could Become A Multi-Bagger
Apr 05EuroDry (NASDAQ:EDRY) Takes On Some Risk With Its Use Of Debt
Mar 04EuroDry: Good Value, Decent Prospects But No Dividends
Mar 04KNOT Offshore Partners' Income Stock & EuroDry Limited's Growth Stock: Positive Additions To A Diverse Portfolio
Feb 22EuroDry: Undervalued And Well Positioned For 2022 Dividend Initiation
Jan 13EuroDry (NASDAQ:EDRY) Shareholders Will Want The ROCE Trajectory To Continue
Nov 17EuroDry: Forgotten And Undervalued
Sep 05EuroDry's (NASDAQ:EDRY) Performance Is Even Better Than Its Earnings Suggest
Aug 12Forecast: Analysts Think EuroDry Ltd.'s (NASDAQ:EDRY) Business Prospects Have Improved Drastically
Jul 17Are Investors Undervaluing EuroDry Ltd. (NASDAQ:EDRY) By 48%?
Apr 29EuroDry EPS beats by $0.40, beats on revenue
Nov 11Shareholder Returns
| EDRY | US Shipping | US Market | |
|---|---|---|---|
| 7D | -6.9% | -2.0% | -2.2% |
| 1Y | -44.9% | 14.1% | 23.9% |
Return vs Industry: EDRY underperformed the US Shipping industry which returned 11.1% over the past year.
Return vs Market: EDRY underperformed the US Market which returned 23.4% over the past year.
Price Volatility
| EDRY volatility | |
|---|---|
| EDRY Average Weekly Movement | 5.0% |
| Shipping Industry Average Movement | 5.0% |
| Market Average Movement | 6.3% |
| 10% most volatile stocks in US Market | 17.0% |
| 10% least volatile stocks in US Market | 3.1% |
Stable Share Price: EDRY has not had significant price volatility in the past 3 months compared to the US market.
Volatility Over Time: EDRY's weekly volatility (5%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 2018 | n/a | Aristides Pittas | www.eurodry.gr |
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, 2024, its fleet consisted of 13 drybulk carriers comprising five Panamax drybulk carriers, two Kamsarmax carriers, five Ultramax drybulk carriers, and one Supramax drybulk carrier with total cargo carrying capacity of 918,502 deadweight ton.
EuroDry Ltd. Fundamentals Summary
| EDRY fundamental statistics | |
|---|---|
| Market cap | US$30.21m |
| Earnings (TTM) | -US$6.02m |
| Revenue (TTM) | US$65.09m |
0.5x
P/S Ratio-5.0x
P/E RatioIs EDRY overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| EDRY income statement (TTM) | |
|---|---|
| Revenue | US$65.09m |
| Cost of Revenue | US$39.39m |
| Gross Profit | US$25.69m |
| Other Expenses | US$31.72m |
| Earnings | -US$6.02m |
Last Reported Earnings
Sep 30, 2024
Next Earnings Date
n/a
| Earnings per share (EPS) | -2.13 |
| Gross Margin | 39.48% |
| Net Profit Margin | -9.26% |
| Debt/Equity Ratio | 84.1% |
How did EDRY perform over the long term?
See historical performance and comparisonCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/23 08:02 |
| End of Day Share Price | 2024/12/23 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
EuroDry Ltd. is covered by 5 analysts. 3 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Charles Fratt | Alliance Global Partners |
| Tate Sullivan | Maxim Group |
| Michael Heim | NOBLE Capital Markets, Inc. |