Eurodry Stock Quote Today

EDRY -  USA Stock  

USD 22.35  0.41  1.80%

Eurodry is trading at 22.35 as of the 1st of August 2021; that is -1.8% down since the beginning of the trading day. The stock's open price was 22.76. Eurodry has about a 43 percent probability of financial distress in the next few years of operation and did not have a very good performance during the last 90 trading days. Equity ratings for Eurodry are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 2nd of July 2021 and ending today, the 1st of August 2021. Click here to learn more.
 Market Performance
9 of 100
  Odds Of Distress
Less than 43

Eurodry Stock Profile

The upcoming quarterly report is expected on the 4th of August 2021. 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. more on Eurodry
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 51.83 M in liabilities with Debt to Equity (D/E) ratio of 1.02, which is about average as compared to similar companies. Eurodry has a current ratio of 0.3, 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 22.29 M. Net Loss for the year was (7.45 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 gains 5.86 percent on Moderate Volume July 29 - Equities.com
Eurodry Fama & French Transportation
Transportation
Fama & French Classification
Eurodry SEC Filings
Eurodry SEC Filings Security & Exchange Commission EDGAR Reports
Legal NameEurodry
Thematic Classification
Currently Active Investing Idea (view all)
  Transportation
Average Analyst Recommendation
Analysts covering Eurodry report their recommendations after researching Eurodry's financial statements, talking to executives and customers, or listening in on Eurodry's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Eurodry. The Eurodry consensus assessment is calculated by taking the average forecast from all of the analysts covering Eurodry.
Strong Buy2 Opinions
Piotroski F Score
Piotroski F-Score is a popular financial indicator that puts together nine criteria to evaluate the financial strength of Eurodry based on its profitability, leverage, liquidity, source of funds, and operating efficiency. it is an academic score (developed by Joseph Piotroski in 2002) to determine the current strength of Eurodry financial position. Scores of 8 and 9 are usually classified as strong value stocks, whereas scores of 2 or below are considered weak value stocks.
 4 - PoorDetails
Current ValueLast YearChange From Last Year 10 Year Trend
Weighted Average Shares2.4 M2.3 M
Notably Up
Increasing
Slightly volatile
Weighted Average Shares Diluted2.4 M2.3 M
Notably Up
Increasing
Slightly volatile
Net Cash Flow from Operations2.4 M2.3 M
Fairly Up
Increasing
Very volatile
Total Assets118.8 M107.5 M
Significantly Up
Increasing
Slightly volatile
Total Liabilities55.6 M57 M
Fairly Down
Increasing
Slightly volatile
Current Assets7.9 M6.1 M
Significantly Up
Increasing
Slightly volatile
Current Liabilities16.1 M19.3 M
Fairly Down
Increasing
Slightly volatile
Total Debt54.6 M51.1 M
Notably Up
Increasing
Slightly volatile
Return on Average Assets(0.0677)(0.066)
Fairly Down
Decreasing
Slightly volatile
Gross Margin0.390.365
Notably Up
Decreasing
Very volatile
Asset Turnover0.190.198
Sufficiently Down
Decreasing
Stable
Macroaxis Advice
Unlike general analyst consensus, Macroaxis buy hold or sell recommendation is provided in the context of your current investment horizon and risk tolerance. The advice algorithm takes into account all of Eurodry's available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details
Strong HoldUndervalued
Financial Strength
Eurodry's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Eurodry's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit.
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Eurodry's financial leverage. It provides some insight into what part of Eurodry's total assets is financed by creditors.
Share Download
Share Download
By using current balance sheet information, investors can analyze the liability, assets, and equity on Eurodry's books and decide whether to invest or hold. Statistics such as return on equity (ROE), debt to equity (D/E) help investors determine how Eurodry deploys its capital and how much of that capital is borrowed.
Liquidity
Eurodry cash flow analysis is essential to understand how it generates and spends money over a specific period. It can also help you figure out where your money is going and how much cash you have available at a given moment. The company currently holds 51.83 M in liabilities with Debt to Equity (D/E) ratio of 1.02, which is about average as compared to similar companies. Eurodry has a current ratio of 0.3, indicating that it has a negative working capital and may not be able to pay financial obligations when due.

Operating Cash Flow

2.39 MillionShare
Eurodry (EDRY) is traded on NASDAQ Exchange in USA. It is located in 4 Messogiou & Evropis Street . Eurodry is listed under Transportation category by Fama And French industry classification. The company currently falls under 'Micro-Cap' category with current market capitalization of 52.48 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. Eurodry conducts business under Industrials sector and is part of Marine Shipping industry. The entity has 2.35 M outstanding shares of which 7.68 K shares are currently shorted by private and institutional investors with about 0.15 trading days to cover. Eurodry currently holds about 938.28 K in cash with 2.33 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.4.
Check Eurodry Probability Of Bankruptcy
Ownership
The market capitalization of Eurodry is $52.48 Million. Eurodry retains significant amount of outstanding shares owned by insiders. An insider is usually defined as a CEO, other corporate executive, director, or institutional investor who own at least 10% of the company outstanding shares. Since such a large part of the company is owned by insiders, it is advisable to analyze if each of these insiders have been buying or selling the stock in recent months. Note, that even with negative profits, if the true value of the firm is larger than the current market value, you may still be able to generate positive returns on investment in this company.

Ownership Allocation (%)

Check Eurodry Ownership Details

Eurodry Stock Price Odds Analysis

What are Eurodry's target price odds to finish over the current price? Based on a normal probability distribution, the odds of Eurodry jumping above the current price in 90 days from now is about 51.04%. The Eurodry probability density function shows the probability of Eurodry stock to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days the stock has a beta coefficient of 1.5743 suggesting as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Eurodry will likely underperform. Moreover, the company has an alpha of 1.1204, implying that it can generate a 1.12 percent excess return over DOW after adjusting for the inherited market risk (beta).
 Odds Down 22.35HorizonTargetOdds Up 22.35 
48.88%90 days
 22.35 
51.04%
Based on a normal probability distribution, the odds of Eurodry to move above the current price in 90 days from now is about 51.04 (This Eurodry probability density function shows the probability of Eurodry Stock to fall within a particular range of prices over 90 days) .

Eurodry Historical Income Statement

Eurodry Income Statement is one of the three primary financial statements used for reporting Eurodry's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Eurodry revenue and expense. Eurodry Income Statement primarily focuses on the company's revenues and expenses during a particular period.
Eurodry Gross Profit is fairly stable at the moment as compared to the past year. Eurodry reported Gross Profit of 8.13 Million in 2020. Interest Expense is likely to rise to about 2.6 M in 2021, whereas Consolidated Income is likely to drop (6.3 M) in 2021. View More Fundamentals

Eurodry Stock Against Markets

Picking the right benchmark for Eurodry stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Eurodry stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Eurodry is critical whether you are bullish or bearish towards Eurodry at a given time.

Be your own money manager

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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 CEO Directory module to screen CEOs from public companies around the world.

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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.