EuroDry (NASDAQ:EDRY – Get Free Report) and Seanergy Maritime (NASDAQ:SHIP – Get Free Report) are both small-cap transportation companies, but which is the better business? We will contrast the two businesses based on the strength of their profitability, earnings, risk, dividends, analyst recommendations, institutional ownership and valuation.
Profitability
This table compares EuroDry and Seanergy Maritime’s net margins, return on equity and return on assets.
| Net Margins | Return on Equity | Return on Assets | |
| EuroDry | -8.16% | -6.83% | -3.31% |
| Seanergy Maritime | 13.08% | 8.35% | 3.71% |
Valuation and Earnings
This table compares EuroDry and Seanergy Maritime”s gross revenue, earnings per share (EPS) and valuation.
| Gross Revenue | Price/Sales Ratio | Net Income | Earnings Per Share | Price/Earnings Ratio | |
| EuroDry | $52.26 million | 1.22 | -$4.26 million | ($1.57) | -14.03 |
| Seanergy Maritime | $158.10 million | 2.12 | $21.24 million | $1.00 | 16.03 |
Seanergy Maritime has higher revenue and earnings than EuroDry. EuroDry is trading at a lower price-to-earnings ratio than Seanergy Maritime, indicating that it is currently the more affordable of the two stocks.
Institutional and Insider Ownership
2.4% of EuroDry shares are held by institutional investors. Comparatively, 29.4% of Seanergy Maritime shares are held by institutional investors. 51.4% of EuroDry shares are held by company insiders. Comparatively, 4.7% of Seanergy Maritime shares are held by company insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a company will outperform the market over the long term.
Volatility and Risk
EuroDry has a beta of 0.65, suggesting that its share price is 35% less volatile than the S&P 500. Comparatively, Seanergy Maritime has a beta of 0.94, suggesting that its share price is 6% less volatile than the S&P 500.
Analyst Recommendations
This is a summary of recent ratings and recommmendations for EuroDry and Seanergy Maritime, as provided by MarketBeat.
| Sell Ratings | Hold Ratings | Buy Ratings | Strong Buy Ratings | Rating Score | |
| EuroDry | 1 | 1 | 1 | 0 | 2.00 |
| Seanergy Maritime | 0 | 1 | 2 | 1 | 3.00 |
EuroDry presently has a consensus target price of $23.50, suggesting a potential upside of 6.67%. Seanergy Maritime has a consensus target price of $17.00, suggesting a potential upside of 6.05%. Given EuroDry’s higher possible upside, research analysts plainly believe EuroDry is more favorable than Seanergy Maritime.
Summary
Seanergy Maritime beats EuroDry on 13 of the 15 factors compared between the two stocks.
About EuroDry
EuroDry Ltd., through its subsidiaries, provides ocean-going transportation services worldwide. It 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. The company fleet consisted of 13 drybulk carriers comprising five Panamax drybulk carriers, two Kamsarmax, five Ultramax drybulk carriers, and one Supramax drybulk carrier with a total cargo carrying capacity of 918,502 dwt. EuroDry Ltd. was incorporated in 2018 and is based in Marousi, Greece.
About Seanergy Maritime
Seanergy Maritime Holdings Corp., a shipping company, provides seaborne transportation of dry bulk commodities worldwide. It operates a fleet of 16 Capesize dry bulk vessels and one Newcastlemax dry bulk vessel with a cargo-carrying capacity of approximately 3,054,820 dwt. The company was formerly known as Seanergy Merger Corp. and changed its name to Seanergy Maritime Holdings Corp. in July 2008. Seanergy Maritime Holdings Corp. was incorporated in 2008 and is based in Glyfada, Greece.
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