Based on ratings from 3 stock analysts, the Euroseas Ltd stock price is expected to increase by 57.67% in 12 months. This is calculated by using the average 12-month stock price forecast for Euroseas Ltd. The lowest target is $57 and the highest is $68. Please note analyst price targets are not guaranteed and could be missed completely.
Euroseas Ltd has a total of 3 Wall St Analyst ratings. There are 3 buy ratings, 0 ratings, and 0 sell ratings. Since most analysts have a buy consensus rating, the expectation is that Euroseas Ltd will outperform the market. Investors shouldn't rely purely on analyst ratings; we encourage investors to also take a look at the fundamental and technical analysis in their due diligence.
These are the latest 20 analyst ratings of ESEA.
Analyst/Firm |
Rating |
Price Target |
Change |
Date |
---|---|---|---|---|
Alliance Global Partners | Buy | $60 | Initiates | Sep 9, 2024 |
Poe Fratt Noble Capital Markets | Outperform | $53 | Maintains | Jun 12, 2024 |
Tate Sullivan Maxim Group | Buy | $36 | Maintains | Dec 30, 2022 |
Tate Sullivan Maxim Group | Buy | $44 | Maintains | Oct 6, 2022 |
James Jang Univest Securities | Buy | $50 | Initiates | May 19, 2022 |
Noble Capital Markets | Outperform | Upgrade | May 27, 2021 | |
Noble Capital Markets | Market Perform | Downgrade | May 4, 2021 | |
Maxim Group | Buy | Initiates | Nov 25, 2020 | |
Noble Financial | Outperform | Initiates | Nov 25, 2020 | |
Wunderlich | Hold | Initiates | Nov 25, 2020 | |
Noble Financial | Outperform | Initiates | Sep 21, 2018 | |
Noble Capital Markets | Outperform | Initiates | Sep 21, 2018 | |
Maxim Group | Buy | Initiates | Aug 21, 2017 | |
Wunderlich | Hold | Initiates | Oct 3, 2014 | |
Wunderlich Securities | Hold | Initiates | Oct 3, 2014 |
When did it IPO
2006
Staff Count
0
Country
Greece
Sector/Industry
Industrials/Marine Shipping
CEO
Mr. Aristides J. Pittas
Market Cap
$274.3M
In 2023, ESEA generated $189.4M in revenue, which was a increase of 3.65% from the previous year. This can be seen as a signal that ESEA's business is growing, and its share price could be worth more in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.
Revenue From 2020
Revenue From 2021
Revenue From 2022
Revenue From 2023
Summary - Euroseas Ltd. (ESEA) and SkyWest (SKYW) have shown performance metrics in comparison to their respective sectors in 2023. Detailed performance data was not provided in the excerpt.
Why It Matters - Performance comparisons highlight relative strengths or weaknesses, influencing investment decisions and potential stock movements in Euroseas Ltd. and SkyWest within their sectors.
Summary - Zacks uses its Rank system, focusing on earnings estimates and revisions, to identify strong stocks while also monitoring value, growth, and momentum trends.
Why It Matters - Zacks' emphasis on earnings estimates and revisions highlights potential stock performance, aiding investors in identifying strong investment opportunities based on current trends.
Summary - Euroseas Ltd. (NASDAQ:ESEA) will hold a Q3 2024 earnings conference call on November 21, 2024, at 8:30 AM ET with key executives and analysts participating.
Why It Matters - Euroseas' Q3 2024 earnings call may reveal insights into its financial performance and operational strategies, influencing investor sentiment and stock valuation.
Summary - Euroseas Ltd. (NASDAQ: ESEA) reported its financial results for Q3 and the first nine months of 2024, focusing on its operations in container shipping and seaborne transportation.
Why It Matters - Euroseas Ltd.'s financial results impact its stock performance and investor sentiment, influencing decisions on buying, holding, or selling shares based on profitability and growth potential.
Summary - ESEA's third-quarter performance is anticipated to be negatively impacted by economic uncertainties, leading to higher operating expenses.
Why It Matters - ESEA's weak third-quarter performance and rising expenses may signal reduced profitability, affecting investor confidence and stock valuation.
Summary - Euroseas Ltd. (ESEA) reported quarterly earnings of $3.92 per share, exceeding the Zacks Consensus Estimate of $3.77 per share.
Why It Matters - Euroseas Ltd.'s earnings beat expectations, indicating stronger financial performance and potential for stock price appreciation. It may boost investor confidence and attract new investments.