EuroDry (EDRY) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).
The mean of analysts' price targets for EuroDry (EDRY) points to a 30.7% upside in the stock. While this highly sought-after metric has not proven reasonably effective, strong agreement among analysts in raising earnings estimates does indicate an upside in the stock.
EuroDry (EDRY) could be a solid choice for shorter-term investors looking to capitalize on the recent price trend in fundamentally sound stocks. It is one of the many stocks that passed through our shorter-term trading strategy-based screen.
EuroDry (EDRY) saw its shares surge in the last session with trading volume being higher than average. The latest trend in earnings estimate revisions may not translate into further price increase in the near term.
FOX, LION, EDRY, PTGX and SPH have been added to the Zacks Rank #1 (Strong Buy) List on July 13th, 2026.
EDRY's strong liquidity, fleet expansion and rising earnings estimates fuel a standout share rally. Here's what's driving the momentum.
The average of price targets set by Wall Street analysts indicates a potential upside of 48.4% in EuroDry (EDRY). While the effectiveness of this highly sought-after metric is questionable, the positive trend in earnings estimate revisions might translate into an upside in the stock.
The consensus price target hints at a 42.6% upside potential for EuroDry (EDRY). While empirical research shows that this sought-after metric is hardly effective, an upward trend in earnings estimate revisions could mean that the stock will witness an upside in the near term.
EuroDry Ltd. (EDRY) Q1 2026 Earnings Call Transcript
EuroDry NASDAQ: EDRY reported a return to profitability in the first quarter of 2026, supported by stronger charter rates despite operating a smaller average fleet than a year earlier, while management said it is expanding its newbuilding program with two additional Kamsarmax bulk carriers.
EuroDry (EDRY) came out with quarterly earnings of $0.12 per share, missing the Zacks Consensus Estimate of $0.24 per share. This compares to a loss of $2.07 per share a year ago.
Here is how EuroDry (EDRY) and ZTO Express (Cayman) Inc. (ZTO) have performed compared to their sector so far this year.