Eurodry Earnings Per Share

EDRY -  USA Stock  

USD 30.88  1.85  6.37%

Eurodry fundamentals help investors to digest information that contributes to Eurodry's financial success or failures. It also enables traders to predict the movement of Eurodry Stock. This fundamental analysis module provides a way for investors to measures Eurodry's intrinsic value by examining all of its available economic and financial indicators and drivers, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Eurodry stock. Please note, this module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

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Earnings Before Interest Taxes and Depreciation Amortization EBITDA is likely to rise to about 4.5 M in 2021, whereas Earnings before Tax are likely to drop (6.3 M) in 2021.

Eurodry Earnings Per Share Analysis

Eurodry's Earnings per Share (EPS) denotes the portion of a company's earnings that is allocated to each share of common stock. To calculate Earnings per Share investors will need to take a company's net income, subtract any dividends for preferred stock, and divide it by the number of average outstanding shares. EPS is usually presented in two different ways: basic and diluted. Fully diluted Earnings per Share takes into account effects of warrants, options, and convertible securities and is generally viewed by analysts as a more accurate measure.
 2018 2019 2020 2021 (projected)
Current Assets14.47 M9.58 M6.06 M7.88 M
Total Assets127.71 M117.69 M107.51 M118.77 M
Earnings per Share 
 = 
Earnings 
Average Shares 
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Current Eurodry Earnings Per Share

    
  (3.28) X  
Most of Eurodry's fundamental indicators, such as Earnings Per Share, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Eurodry is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Eurodry Earnings Per Share Driver Correlations

Understanding the fundamental principles of building solid financial models for Eurodry is extremely important. It helps to project a fair market value of Ford stock properly, considering its historical fundamentals such as Earnings Per Share. Since Eurodry's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Eurodry's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Eurodry's interrelated accounts and indicators.

Eurodry Earnings Per Share Historical Pattern

Today, most investors in Eurodry Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Eurodry's growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's earnings per share growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of Eurodry earnings per share as a starting point in their analysis.
 Eurodry Earnings Per Share 
Share
      Timeline 
Earnings per Share is one of the most critical measures of the firm's current share price and is used by investors to determine the overall company profitability, especially when compared to the EPS of similar companies.
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Eurodry Shareholders Equity

Shareholders Equity

39.5 MillionShare
Eurodry Shareholders Equity is fairly stable at the moment as compared to the past year. Eurodry reported Shareholders Equity of 34.6 Million in 2020
According to the company disclosure, Eurodry has an Earnings Per Share of -3.28 times. This is 241.99% lower than that of the Industrials sector and significantly lower than that of the Marine Shipping industry. The earnings per share for all United States stocks is notably higher than that of the company.

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Eurodry Fundamentals

About Eurodry Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Eurodry's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Eurodry using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Eurodry based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Last ReportedProjected for 2021
Earnings Before Interest Taxes and Depreciation Amortization EBITDAM4.5 M
Earnings before Tax-5.9 M-6.3 M
EuroDry Ltd., through its subsidiaries, provides ocean-going transportation services worldwide. EuroDry Ltd. was incorporated in 2018 and is based in Marousi, Greece. Eurodry operates under Marine Shipping classification in the United States and is traded on NASDAQ Exchange.

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Our tools can tell you how much better you can do entering a position in Eurodry without increasing your portfolio risk or giving up expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate.risk-adjusted returns of your individual positions relative to your overall portfolio.

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Pair Trading with Eurodry

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Eurodry position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Eurodry will appreciate offsetting losses from the drop in the long position's value.

Eurodry Pair Correlation

Equities Pair Trading Analysis

Correlation analysis and pair trading evaluation for Eurodry and Diana Shipping. Pair trading can be used as a hedging technique within a particular sector or industry or even over random equities to generate better risk-adjusted return
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Continue to Eurodry Piotroski F Score and Eurodry Altman Z Score analysis. Note that the Eurodry information on this page should be used as a complementary analysis to other Eurodry's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Bond Directory module to find actively traded corporate debentures issued by US companies.

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When running Eurodry 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 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.
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The market value of Eurodry is measured differently than its book value, which is the value of Eurodry that is recorded on the company's balance sheet. Investors also form their own opinion of Eurodry's value that differs from its market value or its book value, called intrinsic value, which is Eurodry's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Eurodry's market value can be influenced by many factors that don't directly affect Eurodry underlying business (such as pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Eurodry's value and its price as these two are different measures arrived at by different means. Investors typically determine Eurodry value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Eurodry's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.