Home 
Today's Top Picks 
Top Performers 
Watchlist 
My Robo Portfolios 
ETF Zone 
How It Works 
News - Chart
- Upturn Summary
- Highlights
- Revenue
- Valuation
- About
EuroDry Ltd(EDRY)
Advisory History & Simulated Performance *
*as per simulation (see disclosures)- ALL
- 1Y
- 1M
- 1W
- BUY Advisory
- SELL Advisory (Profit)
- SELL Advisory (Loss)
- Profit
- Loss
- PASS (Skip)
Stock price based on last close Advisory Performance History (Simulated)
Upturn Advisory & Investor View for EDRY
09/18/2026: EDRY (4-star) is a STRONG-BUY. BUY for 41 days. Simulated Profits (176.22%). Updated daily EoD!
EuroDry Ltd is a specialized owner and operator of dry bulk vessels that transports essential raw materials globally. The company operates as a small-cap shipping entity, relying on a lean model to navigate the highly cyclical marine transportation market. Its primary growth opportunity lies in its ability to modernize its fleet and capitalize on periodic surges in commodity demand. However, investors face substantial risks from extreme price volatility, intense competition from larger players, and regulatory headwinds. EuroDry may suit tactical investors comfortable with high-risk, cyclical industries, but potential shareholders should closely monitor the Baltic Dry Index and the company's capital allocation decisions.
How to Read the Upturn Advisory
The Upturn Star Rating and the current BUY, SELL, or PASS advisory are generated by Upturn’s AI advisory engine based on proprietary signal analysis, price behavior, advisory history, and historical signal performance.
Company fundamentals, valuation, risks, and news provide supporting context about the business.
Investor Fit
| Investor style | Fit | Why |
|---|---|---|
| Growth investor | Mixed fit | Growth is largely cyclical rather than secular, making it dependent on timing the shipping cycle. |
| Momentum investor | Mixed fit | The stock can experience sharp rallies during shipping rate spikes, conditional on positive market sentiment. |
| Value investor | Strong fit | The stock often trades at a discount to Net Asset Value (NAV), appealing to asset-focused value investors. |
| Dividend investor | Weak fit | The company does not prioritize consistent dividend payouts as its primary capital allocation strategy. |
| Low-risk investor | Weak fit | Extreme price volatility and industry-specific risks make this unsuitable for conservative portfolios. |
Risk Profile
| Risk factor | Level | Why it matters |
|---|---|---|
| Price volatility | High | Shipping stocks are notoriously volatile due to their high beta relative to global trade indices. |
| Valuation risk | Medium / high | Valuations are heavily dependent on estimated vessel values, which can fluctuate rapidly. |
| Competition risk | High | The market is flooded with larger, better-capitalized competitors that can undercut pricing. |
| Business quality | Medium | It is a commodity-like service business with little pricing power or moats. |
| Dividend income | Low / none | Investors should not rely on the stock for stable or predictable income streams. |
| Execution risk | Medium | Operational efficiency depends on third-party management, creating potential alignment issues. |
Price Behavior
Hockey-Stick Growth
The stock demonstrates a Hockey-Stick Growth price path pattern.
Choppy
The stock has experienced frequent reversals and pronounced short-term price swings.
Analysis of Past Performance
Type Stock | Historic Profit 609.48% | Avg. Invested days 67 | Today’s Advisory Strong Buy |
Upturn Advisory Rating  | Upturn Advisory Performance  4.0 | Stock Returns Performance  5.0 |
| Profits based on simulation | Last Close 09/18/2026 |
Upturn Scorecard
Upturn Star Rating 
Company Fundamentals
Financial Health Rating
Growth Momentum Score
Ownership
Top 5 Institutional Investors
Unit Economics (Per $1K Revenue)
Economic Dimensions
Quantitative Style Profile
Style Classification
Quality Focused
Key Highlights
Company Size Small-Cap Stock | Market Capitalization 228.46M USD | Price to earnings Ratio 20.83 | 1Y Target Price 45.33 |
Price to earnings Ratio 20.83 | 1Y Target Price 45.33 | ||
Volume (30-day avg) 166.7K shares | Beta 0.75 | 52 Weeks Range 11.95 - 73.07 | Updated Date 09/17/2026 |
52 Weeks Range 11.95 - 73.07 | Updated Date 09/17/2026 | ||
Dividends yield (FY) - | Basic EPS (TTM) 3.45 |
How Company Makes Money
| Business area | What it includes | Retail investor read |
|---|---|---|
| Time Chartering | Leasing vessels to third parties for fixed periods, providing stable but rate-dependent revenue. | Revenue rises when global demand for moving bulk raw materials increases. |
| Spot Chartering | Voyage-based contracts at prevailing market rates. | High reward during market peaks but carries significant downside risk when rates crash. |
Analyzing Revenue: Products, Geography and Growth
Revenue by Products
Product revenue - Year on Year
Valuation
Trailing PE 20.83 | Forward PE 11.29 | Enterprise Value 292.06M | Price to Sales(TTM) 3.67 |
Enterprise Value 292.06M | Price to Sales(TTM) 3.67 | ||
Enterprise Value to Revenue 4.69 | Enterprise Value to EBITDA 10.11 | Shares Outstanding 3.18M | Shares Floating 2.23M |
Shares Outstanding 3.18M | Shares Floating 2.23M | ||
Percent Insiders 53.99 | Percent Institutions 6.75 |
Upturn AI Summary
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
Financial Metrics
🧭 Investment Snapshot
Total Revenue (Scale)
Total money earned from selling products or services before any costs. It is needed to understand the scale of the business and its ability to generate income.
Net Income (Profit)
Final profit after all expenses, interest, and taxes are deducted. It is needed to determine the overall profitability available to shareholders.
Free Cash Flow (Cash Strength)
Cash remaining after operating activities and capital expenditures, showing cash available for growth. It is needed to evaluate the company’s ability to invest, pay dividends, or reduce debt.
📈 Growth & Strength
Operating Income (Core Profit)
Profit from core operations after deducting all operating expenses. It is needed to measure how efficiently the company runs its primary business activities.
EBITDA (Cash Earnings)
Earnings before interest, taxes, depreciation, and amortization, indicating operating cash potential. It is needed to compare operating performance across companies without accounting or financing differences.
Gross Profit (Unit Profitability)
Revenue minus cost of revenue, showing profit after direct production costs. It is needed to evaluate core business profitability before overhead expenses.
🛡️ Financial Safety
Cash (Liquidity Buffer)
Total cash and cash equivalents on hand. It is needed to evaluate immediate liquidity and financial flexibility.
Total Debt (Leverage Risk)
Total debt including both short-term and long-term components. It is needed to assess the company’s leverage and financial risk.
Net Working Capital (Short-Term Health)
Current assets minus current liabilities, indicating short-term liquidity strength. It is needed to assess whether the company can meet its short-term obligations.
🧱 Balance Sheet Strength
Stockholder Equity (Net Worth)
Total equity value held by shareholders. It is needed to understand the net worth of the company from the owners’ perspective.
Total Assets (Asset Base)
The full value of everything the company owns, including cash, inventory, equipment, and investments. It is needed to understand the resource base used to generate revenue.
Income Before Tax (Pre-Tax Earnings)
Income before provision for income taxes. It is needed to analyze profitability independent of tax structures.
⚙️ Cost & Drag Factors
Cost of Revenue (Production Cost)
Direct costs required to produce and deliver the products or services sold. It is needed to assess efficiency in production and service delivery.
Total Operating Expenses (Operating Cost)
Indirect costs of running the business such as salaries, marketing, and administration. It is needed to understand how much it costs to sustain ongoing business operations.
Income Tax Expense (Tax Drag)
Amount of taxes paid or payable to the government. It is needed to evaluate the impact of taxation on overall profitability.
About EuroDry Ltd
Exchange NASDAQ | Headquarters - | ||
IPO Launch date 2018-05-31 | Chairman, President & CEO Mr. Aristides J. Pittas | ||
Sector Industrials | Industry Marine Shipping | Full time employees - | Website https://www.eurodry.gr |
Full time employees - | Website https://www.eurodry.gr | ||
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 March 31, 2026, it operated through a fleet of 11 drybulk carriers comprising three Panamax drybulk carriers, two Kamsarmax drybulk carriers, five Ultramax drybulk carriers, and one Supramax drybulk carrier with a total cargo carrying capacity of 766,420 deadweight tons. EuroDry Ltd. was incorporated in 2018 and is based in Marousi, Greece.
Note: This website is maintained by Upturn Corporation, which is an investment adviser registered with the U.S. Securities and Exchange Commission. Such registration does not imply a certain level of skill or training. Investing in securities has risks. Past performance is no guarantee of future returns. No assurance is provided as to any particular investment return, and you may lose money using our services. You are strongly advised to consult appropriate counsel before making any investments in companies you learn about through our services. You should obtain appropriate legal, tax, investment, accounting, and other advice that takes into account your investment portfolio and overall financial situation. You are solely responsible for conducting due diligence on a potential investment. We do not affect trades for you. You will select your own broker through which to transact. Investments are not FDIC insured, they are not guaranteed, and they may lose value. Please see the Privacy Policy, Terms of Use, and Disclosure for more information.
All company names, trademarks, logos, and brands are the property of their respective owners and are used for identification and informational purposes only. Use of these names, trademarks, and logos does not imply endorsement by their respective owners.