EDRY Logo

EuroDry Ltd (EDRY) Stock Forecast & Price Prediction

Live EDRY Stock Price & Analysis

Home โ€บ Stocks โ€บ Greece | NASDAQ | Industrials | Marine Shipping

$10.90

-0.03 (-0.27%)

12 Month Price Forecast For EDRY

$10.90
Current Price
$30.39M
Market Cap
3 Ratings
Buy 2
Hold 1
Sell 0
Wall St Analyst Ratings

Distance to EDRY Price Forecasts

+175.2%
To High Target of $30.00
+175.2%
To Median Target of $30.00
+83.5%
To Low Target of $20.00

EDRY Price Momentum

-4.0%
1 Week Change
-0.2%
1 Month Change
-46.2%
1 Year Change
-2.7%
Year-to-Date Change
-56.1%
From 52W High of $24.84
+8.6%
From 52W Low of $10.04

๐Ÿค” Considering EuroDry (EDRY)?

Join 5,000+ investors getting our exclusive market analysis every Monday & Thursday. Stay ahead of breakout opportunities.

Disclaimer: The information provided by Ticker Nerd is for educational and informational purposes only. It should not be considered financial or investment advice. Past performance is not indicative of future results. Always conduct your own research and consult with a qualified financial advisor before making any investment decisions. Analyst ratings and price forecasts are sourced from Wall St analysts and other experts. These projections are speculative and do not guarantee future stock performance.

Data last updated: February 10, 2025 4:07 PM UTC

EDRY Analyst Ratings & Price Targets

Based on our analysis of 3 Wall Street analysts, EDRY has a consensus that is bullish. The median price target is $30.00, with forecasts ranging from $20.00 to $30.00. Currently, there are 2 Buy ratings, 1 Hold ratings, and 0 Sell ratings.

With EDRY currently trading at $10.90, the median price forecast suggests a 175.2% upside. The most optimistic forecast comes from Poe Fratt at Alliance Global Partners, projecting a 175.2% upside, while at provides the most conservative target, suggesting a 83.5% upside.

Please note that analyst price targets are forward-looking estimates subject to substantial market, economic, and company-specific risks. Past performance does not guarantee future results, and actual stock performance may materially differ from these projections. Investors should conduct their own due diligence and consider their investment objectives and risk tolerance before making investment decisions.

EDRY Analyst Consensus

2
Buy
1
Hold
0
Sell

EDRY Price Target Range

Low
$20.00
Average
$30.00
High
$30.00
Current: $10.90

Latest EDRY Stock Forecasts by Analyst

These are the latest 20 analyst ratings and price targets for EDRY.

Date Firm Analyst Rating Change Price Target
Nov 28, 2023 Alliance Global Partners Poe Fratt Buy Initiates $30.00
Feb 14, 2023 Maxim Group Tate Sullivan Buy Maintains $30.00
May 23, 2019 Maxim Group Buy Assumes $11.00
Jun 27, 2018 Noble Capital Markets Buy Initiates $12.00
Jun 27, 2018 Noble Financial Buy Initiates $0.00

Stocks Similar to EuroDry Ltd

The following stocks are similar to EuroDry based on their market capitalization and industry sector. These similar stocks potentially provide investors with alternative investment opportunities within the same market segment.

EuroDry Ltd (EDRY) Financial Data

EuroDry Ltd has a market capitalization of $30.39M with a P/E ratio of 20.2x. The company generates $57.77M in trailing twelve-month revenue with a -4.1% profit margin.

Revenue growth is +68.6% quarter-over-quarter, while maintaining an operating margin of +8.9% and return on equity of -2.5%.

Valuation Metrics

Market Cap $30.39M
Enterprise Value $144.71M
P/E Ratio 20.2x
PEG Ratio 1.5x
Price/Sales 0.5x

Growth & Margins

Revenue Growth (YoY) +68.6%
Gross Margin -7.1%
Operating Margin +8.9%
Net Margin -4.1%
EPS Growth +47.0%

Financial Health

Cash/Price Ratio +14.5%
Current Ratio 1.0x
Debt/Equity 83.4x
ROE -2.5%
ROA +1.5%

๐Ÿ”ฅ Want More High-Potential Stock Ideas?

Join 5,000+ investors getting our research on stocks with massive upside potential.

EuroDry Ltd logo

EuroDry Ltd (EDRY) Company Overview

About EuroDry Ltd

What They Do

Provides global ocean transportation services.

Business Model

The company operates a fleet of drybulk carriers that transport various bulk commodities, generating revenue through shipping fees for the transportation of major and minor bulks. Its diverse fleet composition enables it to cater to a wide range of shipping demands in the drybulk market.

Additional Information

Incorporated in 2018, EuroDry Ltd. is headquartered in Marousi, Greece, and as of March 31, 2024, it operates 13 vessels with a total capacity of 918,502 deadweight tons, enhancing its capability in the competitive shipping industry.

Company Information

Sector

Industrials

Industry

Marine Shipping

Employees

0

CEO

Mr. Aristides J. Pittas

Country

Greece

IPO Year

2018

EuroDry Ltd (EDRY) Latest News & Analysis

EDRY stock latest news image
Quick Summary

EuroDry Ltd. has agreed to sell the M/V Tasos, a 75,100 dwt drybulk vessel, for about $5 million, with delivery expected between mid-February and mid-March 2025.

Why It Matters

EuroDry's vessel sale for $5 million can enhance its liquidity and reduce maintenance costs, potentially improving financial stability and attractiveness to investors.

Source: GlobeNewsWire
Market Sentiment: Neutral
EDRY stock latest news image
Quick Summary

EuroDry Ltd. (NASDAQ: EDRY) will hold its Q3 2024 earnings conference call on November 19, 2024, at 10:00 AM ET, featuring CEO Aristides Pittas and CFO Tasos Aslidis.

Why It Matters

EuroDry's Q3 earnings call indicates upcoming financial performance insights, potentially influencing stock valuation, investor sentiment, and market trends.

Source: Seeking Alpha
Market Sentiment: Neutral
EDRY stock latest news image
Quick Summary

EuroDry Ltd. (NASDAQ: EDRY) announced its financial results for Q3 and the first nine months of 2024, focusing on its operations in drybulk vessel transportation.

Why It Matters

EuroDry Ltd.'s quarterly results can impact stock performance and investor sentiment, influencing decisions based on company profitability and market conditions in the drybulk shipping sector.

Source: GlobeNewsWire
Market Sentiment: Neutral
EDRY stock latest news image
Quick Summary

EuroDry (EDRY) reported a quarterly loss of $1.42 per share, exceeding the Zacks Consensus Estimate of a loss of $0.70, and worsening from a loss of $0.24 per share a year earlier.

Why It Matters

EuroDry's larger-than-expected quarterly loss signals potential financial instability, which may lead to declining investor confidence and affect stock performance.

Source: Zacks Investment Research
Market Sentiment: Negative
EDRY stock latest news image
Quick Summary

EuroDry (EDRY) is not expected to meet the criteria for a potential earnings beat in its upcoming report. Investors should be aware of this outlook.

Why It Matters

EuroDry's lack of favorable conditions for an earnings beat suggests potential underperformance, which may negatively impact its stock price and investor sentiment.

Source: Zacks Investment Research
Market Sentiment: Negative
EDRY stock latest news image
Quick Summary

EuroDry Ltd. (NASDAQ: EDRY) CFO Dr. Tasos Aslidis will present at Noble Capital Markets' conference on Sept. 25, 2024, with a Q&A session and one-on-one meetings for qualified investors.

Why It Matters

EuroDry's CFO presenting at a prominent equity conference signals potential growth opportunities and transparency, which can influence investor confidence and stock performance.

Source: GlobeNewsWire
Market Sentiment: Neutral

Frequently Asked Questions About EDRY Stock

What is EuroDry Ltd's (EDRY) stock forecast for 2025?

Based on our analysis of 3 Wall Street analysts, EuroDry Ltd (EDRY) has a median price target of $30.00. The highest price target is $30.00 and the lowest is $20.00.

Is EDRY stock a good investment in 2025?

According to current analyst ratings, EDRY has 2 Buy ratings, 1 Hold ratings, and 0 Sell ratings. The stock is currently trading at $10.90. Always conduct your own research and consider your investment goals before making investment decisions.

What is the price prediction for EDRY stock?

Wall Street analysts predict EDRY stock could reach $30.00 in the next 12 months. This represents a 175.2% increase from the current price of $10.90. Please note that this is a projection by Wall Street analysts and not a guarantee.

What is EuroDry Ltd's business model?

The company operates a fleet of drybulk carriers that transport various bulk commodities, generating revenue through shipping fees for the transportation of major and minor bulks. Its diverse fleet composition enables it to cater to a wide range of shipping demands in the drybulk market.

What is the highest forecasted price for EDRY EuroDry Ltd?

The highest price target for EDRY is $30.00 from Poe Fratt at Alliance Global Partners, which represents a 175.2% increase from the current price of $10.90.

What is the lowest forecasted price for EDRY EuroDry Ltd?

The lowest price target for EDRY is $20.00 from at , which represents a 83.5% increase from the current price of $10.90.

What is the overall EDRY consensus from analysts for EuroDry Ltd?

The overall analyst consensus for EDRY is bullish. Out of 3 Wall Street analysts, 2 rate it as Buy, 1 as Hold, and 0 as Sell, with a median price target of $30.00.

How accurate are EDRY stock price projections?

Stock price projections, including those for EuroDry Ltd, are based on various factors including financial models, market conditions, and analyst forecasts. While these predictions provide valuable insights, they should be considered alongside your own research and risk tolerance.