EDRY Stock Analysis

EDRY -  USA Stock  

USD 27.10  0.53  1.92%

The current price rise of Eurodry could raise concerns from investors as the firm it trading at a share price of 27.10 on 91,100 in volume. The company executives may have good odds in positioning the firm resources to exploit market volatility in July. The stock standard deviation of daily returns for 90 days investing horizon is currently 7.68. The very high volatility is mostly attributed to the latest market swings and not very good earnings reports from some of the Eurodry partners.
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The Eurodry stock analysis report makes it easy to digest most publicly released information about Eurodry and get updates on important government artifacts, including earning estimates, SEC corporate filings, and announcements. EDRY stock analysis module also helps to analyze the Eurodry price relationship with some important fundamental indicators such as market cap and management efficiency.

EDRY Stock Analysis Notes

About 53.0% of the company shares are held by company insiders. The company has price-to-book (P/B) ratio of 1.99. Some equities with similar Price to Book (P/B) outperform the market in the long run. Eurodry recorded a loss per share of 1.91. The entity had not issued any dividends in recent years. 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. To learn more about Eurodry call the company at 30 211 18 04 005 or check out http://www.eurodry.gr.

Eurodry Investment Alerts

Many investors view ongoing market volatility as an opportunity to purchase more stocks at a favorable price or short it to generate a bearish trend profit opportunity. If you are one of those investors, make sure you clearly understand the position you are entering. Eurodry's investment alerts are automatically generated signals that are significant enough to either complement your investing judgment regarding Eurodry or challenge it. These alerts can help you understand what you are buying and avoid costly mistakes.
Eurodry is way too risky over 90 days horizon
Eurodry appears to be risky and price may revert if volatility continues
The company currently holds 55.82 M in liabilities with Debt to Equity (D/E) ratio of 1.16, which is about average as compared to similar companies. Eurodry has a current ratio of 0.46, indicating that it has a negative working capital and may not be able to pay financial obligations when due.
The entity reported the previous year's revenue of 25.8 M. Net Loss for the year was (4.36 M) with profit before overhead, payroll, taxes, and interest of 8.13 M.
Eurodry has a poor financial position based on the latest SEC disclosures
About 53.0% of Eurodry shares are held by company insiders
Latest headline from www.equities.com: EuroDry Ltd falls -1.4880 percent for June 16 - Equities.com

Eurodry Upcoming and Recent Events

Earnings reports are used by Eurodry to provide an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Every quarterly earnings report provides investors with three things: an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Eurodry 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.
Upcoming Quarterly Report5th of August 2021
Next Earnings Report10th of November 2021
Next Fiscal Quarter End30th of June 2021
Next Fiscal Year End15th of February 2022
Last Quarter Report31st of March 2021
Last Earning Announcement30th of June 2020

EDRY Largest EPS Surprises

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.
Reported
Fiscal Date
Estimated EPS
Reported EPS
Surprise
2018-08-09
2018-06-300.20.16-0.0420 
2021-05-20
2021-03-310.270.19-0.0829 
2021-02-16
2020-12-31-0.395-0.310.08521 
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Eurodry SEC Filings

SEC filings are important regulatory documents required of all public companies to provide to potential investors. Eurodry prospectus issued under the guidelines of SEC is a legal declaration of facts and statements to ensure that Eurodry investors are not misled. SEC filings are required by law to meet strict transparency standards and other important legal constraints. Although many companies may choose careful wording to disguise some material information, SEC filings make crucial Eurodry specific information freely available to individual and institutional investors to make a timely investment decision.
4th of June 2021
Other Events
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20th of May 2021
Other Events
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17th of February 2021
Other Events
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3rd of February 2021
Unclassified Corporate Event
View
2nd of February 2021
Unclassified Corporate Event
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1st of February 2021
Other Events
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12th of January 2021
Unclassified Corporate Event
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24th of November 2020
Unclassified Corporate Event
View

Eurodry Thematic Classifications

In addition to having Eurodry stock in your portfolios, you can add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your favorite investment opportunity, you can then obtain an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility. If you are a result-oriented investor, you can benefit from optimizing one of our existing themes to build an efficient portfolio against your specific investing outlook.
Transportation IdeaTransportation
USA Equities from Transportation industry as classified by Fama & French

EDRY Market Capitalization

The company currently falls under 'Micro-Cap' category with current market capitalization of 69.84 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Eurodry's market, we take the total number of its shares issued and multiply it by Eurodry's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and these looking for more risk prefer small-cap and mid-cap equities.

EDRY Profitablity

Eurodry's profitability indicators refer to fundamental financial ratios that showcase Eurodry's ability to generate income relative to its revenue or operating costs. If, let's say, Eurodry is currently losing money, the management's focus should be on how to reverse that trend. However, when revenue exceeds expenses, Eurodry's executives or investors may be in less hurry to break that information down - which is where profitability analysis comes into play. Gaining a greater understanding of Eurodry's profitability requires more research than a typical breakdown of Eurodry's financial statements. By doing a profitability analysis, companies can identify areas needing attention, and investors can make a profitable trade.
The company has Profit Margin (PM) of (10.55) %, which may suggest that it does not properly executes on its current pricing strategies or is unable to control all of the operational costs. This is way below average. Similarly, it shows Operating Margin (OM) of 6.32 %, which suggests for every 100 dollars of sales, it generated a net operating income of 0.06.
Last ReportedProjected for 2021
Return on Average Assets(0.07) (0.07) 
Return on Average Equity(0.20) (0.20) 
Return on Invested Capital(0.025) (0.0256) 
Return on Sales(0.16) (0.17) 

Management Efficiency

The entity has return on total asset (ROA) of 0.92 % which means that it generated profit of $0.92 on every $100 spent on asset. This is way below average. Similarly, it shows return on stockholders equity (ROE) of (5.33) %, meaning that it created substantial loss on money invested by shareholders. Eurodry 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 Average Assets is likely to drop to -0.07 in 2021. Return on Average Equity is likely to drop to -0.2 in 2021. Eurodry Total Assets are fairly stable at the moment as compared to the past year. Eurodry reported Total Assets of 107.51 Million in 2020. Current Assets is likely to rise to about 7.9 M in 2021, whereas Asset Turnover is likely to drop 0.19 in 2021.
Last ReportedProjected for 2021
Book Value per Share 15.21  15.34 
Enterprise Value over EBIT(17.00) (17.45) 
Enterprise Value over EBITDA 19.93  16.83 
Price to Book Value 0.36  0.37 
Tangible Assets Book Value per Share 47.26  46.25 
Enterprise Value60 M67.5 M
Tangible Asset Value107.5 M118.8 M

Technical Drivers

As of the 19th of June, Eurodry shows the Downside Deviation of 6.07, coefficient of variation of 390.59, and Mean Deviation of 5.58. 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. Put another way, you can use this information to find out if the firm will indeed mirror its model of historical prices and volume momentum, or the prices will eventually revert. We were able to interpolate data for nineteen technical drivers for Eurodry, which can be compared to its rivals. Please confirm Eurodry standard deviation, value at risk, as well as the relationship between the Value At Risk and kurtosis to decide if Eurodry is priced favorably, providing market reflects its regular price of 27.1 per share. Given that Eurodry has jensen alpha of 1.86, we urge you to verify Eurodry's prevailing market performance to make sure the company can sustain itself at a future point.

Eurodry Price Movement Analysis

Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The Exponential Moving Average is calculated by weighting recent values of Eurodry more heavily than older values. View also all equity analysis or get more info about exponential moving average overlap studies indicator.

Eurodry Predictive Daily 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 Forecast Models

Eurodry time-series forecasting models is one of many Eurodry's stock analysis techniquest aimed to predict future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Eurodry's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the stock market movement and maximize returns from investment trading.

About Eurodry Stock Analysis

Stock analysis is the technique used by a trader or investor to examine and evaluate how Eurodry stock is reacting to, or reflecting on a current stock market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling EDRY shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas, a specific sector, or an individual stock such as Eurodry. By using and applying EDRY Stock analysis, traders can create a robust methodology for identifying EDRY entry and exit points for their positions.
Last ReportedProjected for 2021
EBITDA Margin 0.14  0.14 
Gross Margin 0.36  0.39 
Profit Margin(0.33) (0.36) 
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.

Current EDRY Analysis - Recommendations

We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. EDRY analyst recommendations are determined by taking all analyst recommendations and averaging them as Strong Buy, Buy, Hold, Strong Sell or Sell. There is no one specific way to measure analysis performance other than comparing it to the past results via a very sophisticated attribution analysis. EDRY analyst consensus and target price projections should be used in combination with other traditional techniques such as stock price forecasting, technical analysis, earnings estimate, and various momentum models.
Target PriceAdvice# of Analysts
19.0Strong Buy2Odds
Eurodry current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most EDRY 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 EDRY 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 EDRY conference calls.
EDRY Analyst Advice Details

EDRY Stock Analysis Indicators

Eurodry stock analysis indicators help investors evaluate how Eurodry stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing and determine when trading Eurodry shares will generate the highest return on investment. By understating and applying Eurodry stock analysis, traders can identify Eurodry position entry and exit signals to maximize returns.
Quick Ratio0.31
Fifty Two Week Low3.26
Revenue Growth69.30%
Shares Short Prior Month7.68k
Average Daily Volume Last 10 Day293.32k
Average Daily Volume In Three Month82.18k
Shares Percent Shares Out0.25%
Gross Margins48.54%
Short Percent Of Float0.56%
Forward Price Earnings2.79
Fifty Two Week High32.89
Enterprise Value To Ebitda16.11
Fifty Day Average15.47
Two Hundred Day Average9.28
Enterprise Value To Revenue5.13
Continue to Investing Opportunities. 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 Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.

Complementary Tools for Eurodry Stock analysis

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 EDRY 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.