Euroseas Ltd

Company Profile

Euroseas Ltd had its IPO on 2006-05-05 under the ticker symbol ESEA.

The company operates in the Industrials sector and Marine Shipping industry. Euroseas Ltd has a staff strength of 0 employees.

Stock update

Shares of Euroseas Ltd opened at $18.02 at the start of the last trading session i.e. 2023-03-24.

The stocks traded within a range of $18.02 - $18.44, and closed at $18.42.

This is a +1.38% increase from the previous day's closing price.

A total volume of 5,594 shares were traded at the close of the day’s session.

In the last one week, shares of Euroseas Ltd have increased by +4.66%.

Euroseas Ltd's Key Ratios

Euroseas Ltd has a market cap of $131.01 million, indicating a price to book ratio of 0.8881 and a price to sales ratio of 0.7675.

In the last 12-months Euroseas Ltd’s revenue was $182.69 million with a gross profit of $133.04 million and an EBITDA of $114.33 million. The EBITDA ratio measures Euroseas Ltd's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, Euroseas Ltd’s operating margin was 58.37% while its return on assets stood at 24.24% with a return of equity of 86.73%.

In Q4, Euroseas Ltd’s quarterly earnings growth was a negative -9.1% while revenue growth was a positive 12.1%.

Euroseas Ltd’s PE and PEG Ratio

Forward PE

0

Trailing PE

1.197

PEG

-0.53

Its diluted EPS in the last 12-months stands at $15.38 per share while it has a forward price to earnings multiple of 0 and a PEG multiple of -0.53. A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Euroseas Ltd’s profitability.

Euroseas Ltd stock is trading at a EV to sales ratio of 1.2556 and a EV to EBITDA ratio of 1.7396. Its price to sales ratio in the trailing 12-months stood at 0.7675.

Euroseas Ltd stock pays annual dividends of $0 per share, indicating a yield of 11.45% and a payout ratio of 13.58%.

Balance sheet and cash flow metrics

Total Assets

$328.59 million

Total Liabilities

$73.69 million

Operating Cash Flow

$0

Capital Expenditure

$10.40 million

Dividend Payout Ratio

13.58%

Euroseas Ltd ended 2023 with $328.59 million in total assets and $0 in total liabilities. Its intangible assets were valued at $328.59 million while shareholder equity stood at $168.16 million.

Euroseas Ltd ended 2023 with $0 in deferred long-term liabilities, $73.69 million in other current liabilities, 213486.00 in common stock, $-92597511.00 in retained earnings and $0 in goodwill. Its cash balance stood at $25.85 million and cash and short-term investments were $25.85 million. The company’s total short-term debt was $55,419,815 while long-term debt stood at $51.81 million.

Euroseas Ltd’s total current assets stands at $46.87 million while long-term investments were $0 and short-term investments were $0. Its net receivables were $6.12 million compared to accounts payable of $5.16 million and inventory worth $2.31 million.

In 2023, Euroseas Ltd's operating cash flow was $0 while its capital expenditure stood at $10.40 million.

Comparatively, Euroseas Ltd paid $0.14 in dividends in 2023.

Other key metrics

Current Trading Price

$18.42

52-Week High

$31.5582

52-Week Low

$16.88

Analyst Target Price

$30

Euroseas Ltd stock is currently trading at $18.42 per share. It touched a 52-week high of $31.5582 and a 52-week low of $31.5582. Analysts tracking the stock have a 12-month average target price of $30.

Its 50-day moving average was $18.74 and 200-day moving average was $20.13 The short ratio stood at 2.44 indicating a short percent outstanding of 0%.

Around 5732.3% of the company’s stock are held by insiders while 432.1% are held by institutions.