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EDRY
Upturn stock ratingUpturn stock rating

EuroDry Ltd (EDRY)

Upturn stock ratingUpturn stock rating
$8.94
Last Close (24-hour delay)
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PASS
  • BUY Advisory
  • SELL Advisory (Profit)​
  • SELL Advisory (Loss)​
  • Profit
  • Loss
  • Pass (Skip investing)
Upturn Stock infoUpturn Stock info Stock price based on last close
*as per simulation
(see disclosures)
Time period over
  • ALL
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Upturn Advisory Summary

06/16/2025: EDRY (1-star) is currently NOT-A-BUY. Pass it for now.

Upturn Star Rating

rating

Not Recommended Performance

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

Number of Analysts

rating

3 Analysts rated it

Limited analyst coverage, niche firm, research info may be scarce.

1 Year Target Price $20

1 Year Target Price $20

Analysts Price Target For last 52 week
$20Target price
Low$7.6
Current$8.94
high$24.73

Analysis of Past Performance

Type Stock
Historic Profit 17.55%
Avg. Invested days 38
Today’s Advisory PASS
Upturn Star Rating Upturn stock ratingUpturn stock rating
Upturn Advisory Performance Upturn Advisory Performance 2.0
Stock Returns Performance Upturn Returns Performance 2.0
Upturn Profits based on simulationUpturn Profits based on simulation Profits based on simulation
Upturn Profits based on simulationUpturn Profits based on simulation Last Close 06/16/2025

Key Highlights

Company Size Small-Cap Stock
Market Capitalization 27.65M USD
Price to earnings Ratio -
1Y Target Price 20
Price to earnings Ratio -
1Y Target Price 20
Volume (30-day avg) 3
Beta 0.9
52 Weeks Range 7.60 - 24.73
Updated Date 06/30/2025
52 Weeks Range 7.60 - 24.73
Updated Date 06/30/2025
Dividends yield (FY) -
Basic EPS (TTM) -5.39

Analyzing Revenue: Products, Geography and Growth

Revenue by Products

Product revenue - Year on Year

Earnings Date

Report Date 2025-06-05
When -
Estimate -1.25
Actual -2.07

Profitability

Profit Margin -26%
Operating Margin (TTM) -45.95%

Management Effectiveness

Return on Assets (TTM) -1.25%
Return on Equity (TTM) -14.27%

Valuation

Trailing PE -
Forward PE 12.76
Enterprise Value 125686643
Price to Sales(TTM) 0.49
Enterprise Value 125686643
Price to Sales(TTM) 0.49
Enterprise Value to Revenue 2.25
Enterprise Value to EBITDA 22.01
Shares Outstanding 2826700
Shares Floating 1297906
Shares Outstanding 2826700
Shares Floating 1297906
Percent Insiders 54.59
Percent Institutions 5.12

Analyst Ratings

Rating 2
Target Price 20
Buy 1
Strong Buy 1
Buy 1
Strong Buy 1
Hold 1
Sell -
Strong Sell -
Strong Sell -

ai summary icon Upturn AI SWOT

EuroDry Ltd

stock logo

Company Overview

overview logo History and Background

EuroDry Ltd. was founded in 2005 as a spin-off from Euroseas Ltd., focusing on dry bulk shipping. It operates as a holding company providing seaborne transportation services worldwide.

business area logo Core Business Areas

  • Dry Bulk Shipping: Owns and operates a fleet of dry bulk vessels, transporting major bulks such as iron ore, coal, and grains, as well as minor bulks including bauxite, fertilizers, and steel products. Operates primarily in the spot market but also enters into time charter contracts.

leadership logo Leadership and Structure

Aristides Pittas serves as Chairman and CEO. The company has a board of directors and a management team overseeing operations, finance, and commercial activities.

Top Products and Market Share

overview logo Key Offerings

  • Dry Bulk Transportation: EuroDry provides transportation services for dry bulk commodities. Market share data specific to EuroDry is difficult to pinpoint due to the fragmented nature of the dry bulk shipping market. Competitors include Star Bulk Carriers Corp. (SBLK), Genco Shipping & Trading Limited (GNK), and Eagle Bulk Shipping Inc. (EGLE).

Market Dynamics

industry overview logo Industry Overview

The dry bulk shipping industry is highly cyclical and influenced by global trade, economic growth, and supply and demand of vessels. It's subject to volatility in freight rates.

Positioning

EuroDry is a smaller player within the dry bulk shipping market, focusing on owning and operating a fleet of dry bulk vessels. Its competitive advantage lies in its experienced management team and ability to capitalize on market opportunities.

Total Addressable Market (TAM)

The global dry bulk shipping market is estimated to be in the hundreds of billions of dollars. EuroDry is positioned to capture a small segment of this TAM, dependent on its fleet size and utilization rates.

Upturn SWOT Analysis

Strengths

  • Experienced Management Team
  • Modern Fleet
  • Strong Relationships with Charterers

Weaknesses

  • Smaller Fleet Size Compared to Competitors
  • High Dependence on Spot Market Rates
  • Limited Geographic Diversification

Opportunities

  • Increased Global Trade and Demand for Dry Bulk Commodities
  • Expansion of Fleet Through Acquisitions
  • Development of New Shipping Routes

Threats

  • Fluctuations in Freight Rates
  • Increased Competition
  • Geopolitical Instability
  • Environmental Regulations

Competitors and Market Share

competitor logo Key Competitors

  • SBLK
  • GNK
  • EGLE

Competitive Landscape

EuroDry faces competition from larger, more established dry bulk shipping companies. Its smaller size can limit its ability to achieve economies of scale, but its experienced management team allows it to navigate the volatile market effectively.

Growth Trajectory and Initiatives

Historical Growth: Historical growth patterns depend on fleet expansion, freight rate fluctuations, and overall market conditions.

Future Projections: Future growth projections depend on management's strategy and market conditions.

Recent Initiatives: Recent initiatives are unavailable but would include vessel acquisitions, fleet optimization, and cost-saving measures.

Summary

EuroDry Ltd. operates in the volatile dry bulk shipping market. While possessing an experienced management team, its smaller fleet size makes it vulnerable to market fluctuations. The company's success hinges on strategic fleet management and capitalizing on opportunities in global trade. Environmental regulations pose a significant challenge.

Peer Comparison

Sources and Disclaimers

Data Sources:

  • Company Website
  • SEC Filings
  • Industry Reports
  • Financial News Outlets

Disclaimers:

This analysis is based on publicly available information and general industry knowledge. It is not financial advice, and investors should conduct their own due diligence before making any investment decisions. Market share figures are estimates.

Upturn AI SummarizationUpturn AI Summarization AI Summarization is directionally correct and might not be accurate.

Upturn AI SummarizationUpturn AI Summarization Summarized information shown could be a few years old and not current.

Upturn AI SummarizationUpturn AI Summarization Fundamental Rating based on AI could be based on old data.

Upturn AI SummarizationUpturn AI Summarization 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.