Comparing Seanergy Maritime (NASDAQ:SHIP) & EuroDry (NASDAQ:EDRY)

Seanergy Maritime (NASDAQ:SHIPGet Free Report) and EuroDry (NASDAQ:EDRYGet Free Report) are both small-cap transportation companies, but which is the better stock? We will contrast the two businesses based on the strength of their risk, valuation, analyst recommendations, profitability, earnings, dividends and institutional ownership.

Institutional & Insider Ownership

29.4% of Seanergy Maritime shares are owned by institutional investors. Comparatively, 2.4% of EuroDry shares are owned by institutional investors. 4.7% of Seanergy Maritime shares are owned by company insiders. Comparatively, 51.4% of EuroDry shares are owned by company insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a stock will outperform the market over the long term.

Analyst Ratings

This is a breakdown of current ratings and target prices for Seanergy Maritime and EuroDry, as provided by MarketBeat.com.

Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Seanergy Maritime 0 1 2 1 3.00
EuroDry 1 1 1 0 2.00

Seanergy Maritime presently has a consensus price target of $17.00, suggesting a potential upside of 6.05%. EuroDry has a consensus price target of $23.50, suggesting a potential upside of 6.67%. Given EuroDry’s higher possible upside, analysts plainly believe EuroDry is more favorable than Seanergy Maritime.

Profitability

This table compares Seanergy Maritime and EuroDry’s net margins, return on equity and return on assets.

Net Margins Return on Equity Return on Assets
Seanergy Maritime 13.08% 8.35% 3.71%
EuroDry -8.16% -6.83% -3.31%

Volatility and Risk

Seanergy Maritime has a beta of 0.94, suggesting that its share price is 6% less volatile than the S&P 500. Comparatively, EuroDry has a beta of 0.65, suggesting that its share price is 35% less volatile than the S&P 500.

Earnings & Valuation

This table compares Seanergy Maritime and EuroDry”s revenue, earnings per share and valuation.

Gross Revenue Price/Sales Ratio Net Income Earnings Per Share Price/Earnings Ratio
Seanergy Maritime $158.10 million 2.12 $21.24 million $1.00 16.03
EuroDry $52.26 million 1.22 -$4.26 million ($1.57) -14.03

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.

Summary

Seanergy Maritime beats EuroDry on 13 of the 15 factors compared between the two stocks.

About Seanergy Maritime

(Get Free Report)

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.

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.

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