Equities Analysts Offer Predictions for Euroseas Q1 Earnings

Euroseas Ltd. (NASDAQ:ESEA) – Stock analysts at Noble Financial increased their Q1 2025 EPS estimates for Euroseas in a research report issued on Thursday, February 13th. Noble Financial analyst M. Reichman now expects that the shipping company will earn $5.25 per share for the quarter, up from their previous estimate of $5.05. The consensus estimate for Euroseas’ current full-year earnings is $15.15 per share. Noble Financial also issued estimates for Euroseas’ Q2 2025 earnings at $3.92 EPS, Q3 2025 earnings at $4.07 EPS and Q4 2025 earnings at $4.05 EPS.

Separately, StockNews.com lowered shares of Euroseas from a “buy” rating to a “hold” rating in a research report on Tuesday, November 12th.

Euroseas Stock Performance

ESEA stock opened at $34.41 on Monday. The firm has a market cap of $241.21 million, a price-to-earnings ratio of 2.12 and a beta of 0.85. The firm has a 50-day simple moving average of $34.03 and a two-hundred day simple moving average of $39.81. Euroseas has a one year low of $30.21 and a one year high of $50.92. The company has a debt-to-equity ratio of 0.53, a quick ratio of 1.59 and a current ratio of 1.65.

Hedge Funds Weigh In On Euroseas

Several hedge funds have recently modified their holdings of ESEA. BayBridge Capital Group LLC increased its holdings in shares of Euroseas by 8.7% during the third quarter. BayBridge Capital Group LLC now owns 13,244 shares of the shipping company’s stock valued at $647,000 after acquiring an additional 1,057 shares in the last quarter. Sheaff Brock Investment Advisors LLC increased its holdings in shares of Euroseas by 25.0% during the third quarter. Sheaff Brock Investment Advisors LLC now owns 7,810 shares of the shipping company’s stock valued at $382,000 after acquiring an additional 1,560 shares in the last quarter. Barclays PLC increased its holdings in shares of Euroseas by 67.5% during the third quarter. Barclays PLC now owns 623 shares of the shipping company’s stock valued at $30,000 after acquiring an additional 251 shares in the last quarter. Geode Capital Management LLC acquired a new position in shares of Euroseas during the third quarter valued at about $248,000. Finally, Retireful LLC acquired a new position in shares of Euroseas during the fourth quarter valued at about $222,000. Institutional investors and hedge funds own 6.27% of the company’s stock.

About Euroseas

Euroseas Ltd. provides ocean-going transportation services worldwide. The company owns and operates containerships that transport dry and refrigerated containerized cargoes, including manufactured products and perishables. As of March 31, 2024, it had a fleet of 20 containerships with a cargo carrying capacity of approximately 777,749 dwt.