Eurodry Stock Target Price and Analyst Consensus

EDRY -  USA Stock  

USD 22.35  0.41  1.80%

The current analyst and expert consensus on Eurodry is Strong Buy, with 0 strong sell and 2 strong buy opinions. The current projected Eurodry target price consensus is 32.5 with 2 analyst opinions. The most common way Eurodry analysts use to provide recommendation to the public is financial statements analysis. Many experts also interview Eurodry executives and customers to further validate their buy or sell advice. Please note, the number of analysts providing the opinion is not sufficient to provide adequate consensus on Eurodry. We encourage you to use your own analysis of Eurodry to validate this buy or sell advice. Eurodry buy-or-sell recommendation module provides average expert sentiment on the projected Eurodry target price to derive its highest and lowest estimates based on projected price volatility of 3.535. Continue to Macroaxis Advice on Eurodry to cross-verify analyst projections. Unlike analyst recommendations, Macroaxis provides advice only from the perspective of investor risk tolerance and investment horizon.

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Gross Profit is likely to rise to about 9.9 M in 2021, whereas Profit Margin is likely to drop (0.36)  in 2021. Eurodry Property Plant and Equipment Net is fairly stable at the moment as compared to the past year. Eurodry reported Property Plant and Equipment Net of 99.31 Million in 2020. Trade and Non Trade Receivables is likely to rise to about 2.7 M in 2021, whereas Debt Current is likely to drop slightly above 11.5 M in 2021.

Eurodry Target Price Consensus

We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. Eurodry target price is determined by taking all analyst projections and averaging them out. There is no one specific way to measure analysis performance other than comparing it to the past results via a very sophisticated attribution analysis. Eurodry target price projections below should be used in combination with other traditional price prediction techniques such as stock price forecasting, technical analysis, earnings estimate, and various momentum models.
Number of Opinions2
Lowered Outlook0
Raized Outlook0
Strong Buy
Most Eurodry analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Eurodry stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Eurodry, talking to its executives and customers, or listening to those companies' conference calls.
Macroaxis Advice   Exposure   Valuation

Eurodry Target Price Projection

Eurodry's current and average target prices are 22.35 and 32.50, respectively. The current price of Eurodry is the price at which Eurodry is currently trading. On the other hand, Eurodry's target price is what analysts think the stock is worth or could sell for in the future. The more significant the discrepancy between the two prices, the more it stimulates investors to act.

Current Price

Eurodry Market Quote on 1st of August 2021

Low Price22.01Odds
High Price24.13Odds

22.35

Target Price

Analyst Consensus On Eurodry Target Price

Low Estimate30.0Odds
High Estimate35.0Odds
Number of Analysts2
Standard Deviation3.535

32.5

Note that most analysts generally publish their price targets in research reports on specific companies, along with recommendations for the company's stock.Although price targets are often quoted in the financial news media, there could be a delay between the publication of the latest analyst outlook on Eurodry and the information provided on this page.

Eurodry Analyst Ratings

Eurodry's analyst stock recommendations are determined by taking an average estimate of all analysts we track and classifying them as Strong Buy, Buy, Hold, Strong Sell, or Sell. Ratings generally communicate what analysts sense about Eurodry stock, and they use a lot of effort and time to analyze it and arrive at a rating. That suggests that analyst recommendations are the outcome of an objective and thorough examination of Eurodry's financials, market performance, and future outlook by experienced professionals. Eurodry's historical ratings below, therefore, can serve as a valuable tool for investors.

Average Consensus Estimates

About Eurodry Target Price Projections

Eurodry's target price is an analyst's projection of its future price. Price targets can be assigned to all types of securities, from complex investment products to stocks such as Eurodry and even bonds. If the target price is unavailable, it is most likely because there were not enough analyst opinions to come up with a consensus estimate. When setting a price target estimate, an analyst is trying to determine what the Stock is worth and where the price will be in a year from now. Generally, the target price of Eurodry depends on its intrinsic valuation, beta (i.e., risk over market), and overall volatility. Most analysts publish their price targets in research reports on specific companies, along with their buy, hold, or sell recommendations. Stock price targets are often quoted in the financial news media. Macroaxis uses multiple feeds to provide overall target price projection for Eurodry
 2018 2020 2021 (projected)
Book Value per Share19.515.2115.34
Asset Turnover0.220.20.19

Additional Eurodry Value Projection Modules

Most investment researchers agree that the mispricing and readjustment of any Stock value happens often and is sometimes even predictable, but there is no strong theory explaining why it happens. The current price of Eurodry is a key component of Eurodry valuation and have some predictive power on the future returns of a Eurodry.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of Eurodry's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy. Please use the tools below to analyze the current value of Eurodry in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
15.3522.4329.51
Details
Intrinsic
Valuation
LowReal ValueHigh
20.4827.5534.64
Details
Naive
Forecast
LowNext ValueHigh
13.0820.1627.23
Details
Earnings
Estimates (1)
LowProjected EPSHigh
7.857.857.85
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Eurodry. Your research has to be compared to or analyzed against Eurodry's peers to derive any actionable benefits. When done correctly, Eurodry's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy towards taking a position in Eurodry.

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Continue to Macroaxis Advice on Eurodry to cross-verify analyst projections. Unlike analyst recommendations, Macroaxis provides advice only from the perspective of investor risk tolerance and investment horizon. 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 Companies Directory module to evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals.

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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 data published in Eurodry's official financial statements usually reflect Eurodry's business processes, product offerings, services, and other fundamental events. But there are other numbers, ratios, or fundamental indicators derived from these statements that are easier to understand and visualize within the underlying realities that drive quantitative information of Eurodry. For example, before you start analyzing numbers published by Eurodry accountants, it's critical to develop an understanding of what Eurodry's liquidity, profitability, and earnings quality are in the context of the Industrials space in which it operates.
Please note, the presentation of Eurodry's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Eurodry's management is honest, while the outside auditors are strict and uncompromising. Whatever the case, 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. Please utilize our Beneish M Score to check the likelihood of Eurodry's management to manipulate its earnings.