EDRY official logo EDRY
EDRY 1-star rating from Upturn Advisory
EuroDry Ltd (EDRY) company logo

EuroDry Ltd (EDRY)

EuroDry Ltd (EDRY) 1-star rating from Upturn Advisory
$13.1
Last Close (24-hour delay)
Profit since last BUY33.95%
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Consider higher Upturn Star rating
BUY since 104 days
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Upturn Stock price based on last close icon Stock price based on last close
*as per simulation
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Upturn Advisory Summary

12/03/2025: EDRY (1-star) has a low Upturn Star Rating. Not recommended to BUY.

Upturn Star Rating

Upturn 1 star rating for performance

Not Recommended Performance

These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.

Number of Analysts

1 star rating from financial analysts

3 Analysts rated it

Very few follow this stock; limited insights, higher-risk early investing.

1 Year Target Price $22.5

1 Year Target Price $22.5

Analysts Price Target For last 52 week
$22.5 Target price
52w Low $7.6
Current$13.1
52w High $16.14

Analysis of Past Performance

Type Stock
Historic Profit 57.46%
Avg. Invested days 51
Today’s Advisory Consider higher Upturn Star rating
Upturn Star Rating upturn star rating icon
Upturn Advisory Performance Upturn Advisory Performance icon 3.0
Stock Returns Performance Upturn Returns Performance icon 3.0
Upturn Profits based on simulation icon Profits based on simulation
Upturn last close icon Last Close 12/03/2025

Key Highlights

Company Size Small-Cap Stock
Market Capitalization 36.75M USD
Price to earnings Ratio -
1Y Target Price 22.5
Price to earnings Ratio -
1Y Target Price 22.5
Volume (30-day avg) 3
Beta 0.82
52 Weeks Range 7.60 - 16.14
Updated Date 12/2/2025
52 Weeks Range 7.60 - 16.14
Updated Date 12/2/2025
Dividends yield (FY) -
Basic EPS (TTM) -4.99

Analyzing Revenue: Products, Geography and Growth

Revenue by Products

Product revenue - Year on Year

Earnings Date

Report Date 2025-11-05
When -
Estimate -0.61
Actual -0.23

Profitability

Profit Margin -27.7%
Operating Margin (TTM) 7.43%

Management Effectiveness

Return on Assets (TTM) -0.96%
Return on Equity (TTM) -13.01%

Valuation

Trailing PE -
Forward PE 3.55
Enterprise Value 125883451
Price to Sales(TTM) 0.74
Enterprise Value 125883451
Price to Sales(TTM) 0.74
Enterprise Value to Revenue 2.55
Enterprise Value to EBITDA 19.47
Shares Outstanding 2826697
Shares Floating 1239252
Shares Outstanding 2826697
Shares Floating 1239252
Percent Insiders 54.59
Percent Institutions 3.16

Icon representing Upturn AI-generated SWOT analysis summary Upturn AI SWOT

EuroDry Ltd

EuroDry Ltd(EDRY) company logo displayed in Upturn AI summary

Company Overview

Company history and background logo History and Background

EuroDry Ltd. was founded in 2005 as a spin-off from Euroseas Ltd. It operates as an owner and operator of drybulk carriers, transporting major bulks such as iron ore, coal, and grains, as well as minor bulks including fertilizers, bauxite, and cement. It has strategically grown its fleet through acquisitions.

Company business area logo Core Business Areas

  • Drybulk Shipping: EuroDry's core business is owning and operating drybulk vessels. They charter these vessels to transport bulk commodities worldwide.

leadership logo Leadership and Structure

Aristides Pittas is the Chairman and CEO of EuroDry Ltd. The company has a board of directors and operates with a management team overseeing vessel operations, chartering, and finance.

Top Products and Market Share

Product Key Offerings logo Key Offerings

  • Drybulk Vessel Chartering: EuroDry charters its drybulk vessels to transport commodities. While precise market share data is unavailable, the drybulk shipping market is highly fragmented with many players. Competitors include companies owning fleets in the Drybulk sector. Revenue dependent on charter rates.

Market Dynamics

industry overview logo Industry Overview

The drybulk shipping industry is highly cyclical and influenced by global economic growth, commodity demand, and fleet supply. Freight rates are volatile and depend on these factors. The industry is subject to environmental regulations.

Positioning

EuroDry is a smaller player in the drybulk market. Its competitive advantage lies in its operational efficiency and fleet management. It focuses on strategic vessel acquisitions and opportunistic chartering.

Total Addressable Market (TAM)

The global dry bulk shipping market is estimated to be worth hundreds of billions USD. EuroDry's position in this market is relatively small, focusing on specific vessel types and routes. The company is trying to expand within this total addressable market.

Upturn SWOT Analysis

Strengths

  • Experienced management team
  • Modern fleet
  • Strong relationships with charterers
  • Opportunistic vessel acquisitions

Weaknesses

  • Small fleet size
  • Dependence on volatile freight rates
  • Limited geographic diversification
  • High debt level

Opportunities

  • Increased global demand for drybulk commodities
  • Expansion of fleet through acquisitions
  • Implementation of fuel-efficient technologies
  • Strategic alliances with other shipping companies

Threats

  • Decline in global economic growth
  • Oversupply of drybulk vessels
  • Increased environmental regulations
  • Fluctuations in fuel prices

Competitors and Market Share

Key competitor logo Key Competitors

  • Star Bulk Carriers Corp. (SBLK)
  • Genco Shipping & Trading Limited (GNK)
  • Eagle Bulk Shipping Inc. (EGLE)

Competitive Landscape

EuroDry is smaller than its main competitors, and they compete on cost efficiency, vessel utilization, and chartering strategies.

Growth Trajectory and Initiatives

Historical Growth: EuroDry's historical growth is characterized by strategic vessel acquisitions and expansion of its fleet. Revenue growth is linked to drybulk shipping market conditions.

Future Projections: Future growth depends on the company's ability to capitalize on market opportunities, acquire vessels efficiently, and manage operating expenses.

Recent Initiatives: EuroDry has been focusing on fleet renewal and expansion through strategic acquisitions. They actively look for opportunities to increase utilization of their fleet.

Summary

EuroDry Ltd. is a smaller player in the volatile drybulk shipping industry, focusing on strategic acquisitions and efficient fleet management. Its success hinges on managing freight rate fluctuations and expanding its fleet. While opportunistic acquisitions provide growth potential, the company faces threats from industry oversupply and economic downturns. Its debt level and small fleet size pose challenges, but experienced management and a modern fleet are strengths.

Similar Stocks

Sources and Disclaimers

Data Sources:

  • EuroDry Ltd. SEC Filings
  • Company Website
  • Industry Reports

Disclaimers:

This analysis is based on publicly available information and is not financial advice. Market conditions and company performance can change rapidly. Market share data is estimated.

Information icon for Upturn AI Summarization accuracy disclaimer AI Summarization is directionally correct and might not be accurate.

Information icon for Upturn AI Summarization data freshness disclaimer Summarized information shown could be a few years old and not current.

Information icon warning about Upturn AI Fundamental Rating based on potentially old data Fundamental Rating based on AI could be based on old data.

Information icon warning about potential inaccuracies or hallucinations in Upturn AI-generated summaries AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.

About EuroDry Ltd

Exchange NASDAQ
Headquaters -
IPO Launch date 2018-05-31
Chairman, President & CEO Mr. Aristides J. Pittas
Sector Industrials
Industry Marine Shipping
Full time employees -
Full time employees -

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 April 30, 2025, it operated through a fleet of 12 drybulk carriers comprising four Panamax, two Kamsarmax, five Ultramax, and one Supramax drybulk carriers with a total cargo carrying capacity of 843,402 deadweight tons. The company was incorporated in 2018 and is based in Marousi, Greece.