Euroseas Ltd. (NASDAQ:ESEA) has earned an average broker rating score of 3.00 (Hold) from the one analysts that provide coverage for the company, Zacks Investment Research reports. One equities research analyst has rated the stock with a hold recommendation.
Zacks has also given Euroseas an industry rank of 95 out of 265 based on the ratings given to its competitors.
Separately, Zacks Investment Research raised shares of Euroseas from a “hold” rating to a “buy” rating and set a $5.00 price target on the stock in a research note on Tuesday, November 15th.
Euroseas (NASDAQ:ESEA) traded up 4.4737% during trading on Monday, hitting $2.5805. 1,156,312 shares of the stock traded hands. The company’s 50 day moving average is $1.95 and its 200 day moving average is $2.00. Euroseas has a one year low of $1.04 and a one year high of $8.07. The company’s market capitalization is $21.15 million.
Euroseas (NASDAQ:ESEA) last released its quarterly earnings results on Thursday, November 10th. The company reported ($0.40) EPS for the quarter, beating the Thomson Reuters’ consensus estimate of ($0.54) by $0.14. Euroseas had a negative net margin of 100.89% and a negative return on equity of 14.35%. The business had revenue of $7.20 million for the quarter, compared to analysts’ expectations of $7.70 million. On average, equities analysts forecast that Euroseas will post ($1.54) EPS for the current fiscal year.
Euroseas Company Profile
Euroseas Ltd. is engaged in the shipping business. The Company is an owner and operator of drybulk and container carrier vessels and is a provider of seaborne transportation for drybulk and containerized cargoes. Eurobulk Ltd. manages the Company’s operations. The Company also owns and operates dry bulk carriers that transport major bulks, such as iron ore, coal and grains, and minor bulks, such as bauxite, phosphate and fertilizers.