EuroDry Ltd. (EDRY)

Market Cap	54.33M
Revenue (ttm)	46.81M
Net Income (ttm)	3.01M
Shares Out	2.79M
EPS (ttm)	1.10
PE Ratio	18.40
Forward PE	21.98
Dividend	n/a
Ex-Dividend Date	n/a

Volume	14,912
Open	19.67
Previous Close	19.54
Day's Range	18.07 - 19.67
52-Week Range	13.42 - 20.41
Beta	0.68
Analysts	Strong Buy
Price Target	30.00 (+58.4%)
Earnings Date	Nov 8, 2023

About EDRY

EuroDry Ltd., through its subsidiaries, provides ocean-going transportation services worldwide. The company owns and operates a fleet of drybulk carriers that transport major bulks, such as iron ore, coal, and grains; and minor bulks, including bauxite, phosphate, and fertilizers. EuroDry Ltd. was incorporated in 2018 and is based in Marousi, Greece.

• Industry: Marine Shipping
• Sector: Industrials
• Founded: 2018
• Country: Greece
• Stock Exchange: NASDAQ
• Ticker Symbol: EDRY

Financial Performance

In 2022, EuroDry's revenue was $70.18 million, an increase of 8.91% compared to the previous year's $64.44 million. Earnings were $33.54 million, an increase of 14.08%.

Analyst Forecast

According to 2 analysts, the average rating for EDRY stock is "Strong Buy." The 12-month stock price forecast is $30.0, which is an increase of 58.40% from the latest price.

Price Target

$30.0

(58.40% upside)

Analyst Consensus: Strong Buy