Financial Survey: EuroDry (NASDAQ:EDRY) vs. Genco Shipping & Trading (NYSE:GNK)

EuroDry (NASDAQ:EDRYGet Free Report) and Genco Shipping & Trading (NYSE:GNKGet Free Report) are both small-cap transportation companies, but which is the superior investment? We will compare the two companies based on the strength of their valuation, profitability, dividends, risk, analyst recommendations, earnings and institutional ownership.

Profitability

This table compares EuroDry and Genco Shipping & Trading’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%
Genco Shipping & Trading -1.28% -0.12% -0.10%

Earnings & Valuation

This table compares EuroDry and Genco Shipping & Trading”s top-line revenue, earnings per share and valuation.

Gross Revenue Price/Sales Ratio Net Income Earnings Per Share Price/Earnings Ratio
EuroDry $52.26 million 1.21 -$4.26 million ($1.57) -13.99
Genco Shipping & Trading $342.05 million 3.09 -$4.37 million ($0.11) -221.68

EuroDry has higher earnings, but lower revenue than Genco Shipping & Trading. Genco Shipping & Trading is trading at a lower price-to-earnings ratio than EuroDry, indicating that it is currently the more affordable of the two stocks.

Volatility & Risk

EuroDry has a beta of 0.89, meaning that its share price is 11% less volatile than the S&P 500. Comparatively, Genco Shipping & Trading has a beta of 1.17, meaning that its share price is 17% more volatile than the S&P 500.

Analyst Recommendations

This is a summary of recent recommendations and price targets for EuroDry and Genco Shipping & Trading, as provided by MarketBeat.

Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
EuroDry 1 0 1 1 2.67
Genco Shipping & Trading 0 3 1 1 2.60

EuroDry currently has a consensus target price of $23.50, indicating a potential upside of 7.01%. Genco Shipping & Trading has a consensus target price of $21.00, indicating a potential downside of 13.88%. Given EuroDry’s stronger consensus rating and higher probable upside, analysts plainly believe EuroDry is more favorable than Genco Shipping & Trading.

Institutional & Insider Ownership

2.4% of EuroDry shares are owned by institutional investors. Comparatively, 58.6% of Genco Shipping & Trading shares are owned by institutional investors. 51.4% of EuroDry shares are owned by insiders. Comparatively, 2.4% of Genco Shipping & Trading shares are owned by insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a stock is poised for long-term growth.

Summary

Genco Shipping & Trading beats EuroDry on 8 of the 13 factors compared between the two stocks.

About EuroDry

(Get Free Report)

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 Genco Shipping & Trading

(Get Free Report)

Genco Shipping & Trading Ltd. is an international ship owning company, which engages in the transportation of iron ore, coal, grain, bauxite, steel products, and other drybulk cargoes. It operates through the Major Bulk and Minor Bulk segments. The Major Bulk segment focuses on Capesize vessels. The Minor Bulk segment consists of Ultramax and Supramax vessels. The company was founded on September 27, 2004 and is headquartered in New York, NY.

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