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.
EuroDry (EDRY) made it through our "Recent Price Strength" screen and could be a great choice for investors looking to make a profit from stocks that are currently on the move.
EuroDry (EDRY) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions for the stock doesn't suggest further strength down the road.
Here is how EuroDry (EDRY) and Euroseas Ltd. (ESEA) have performed compared to their sector so far this year.
EDRY gains momentum as earnings and revenue estimates surge, strong liquidity and buybacks boost confidence, and shares rally 60% in a year.
Here is how EuroDry (EDRY) and Euroseas Ltd. (ESEA) have performed compared to their sector so far this year.
If you are looking for stocks that are well positioned to maintain their recent uptrend, EuroDry (EDRY) could be a great choice. It is one of the several stocks that passed through our "Recent Price Strength" screen.
The average of price targets set by Wall Street analysts indicates a potential upside of 45.2% 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.