Euroseas(ESEA)

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Is Euroseas (ESEA) a Great Value Stock Right Now?
ZACKS· 2024-10-17 14:45
The proven Zacks Rank system focuses on earnings estimates and estimate revisions to find winning stocks. Nevertheless, we know that our readers all have their own perspectives, so we are always looking at the latest trends in value, growth, and momentum to find strong picks. Looking at the history of these trends, perhaps none is more beloved than value investing. This strategy simply looks to identify companies that are being undervalued by the broader market. Value investors rely on traditional forms of ...
4 Solid Net Profit Margin Stocks Worth Buying to Boost Returns
ZACKS· 2024-10-09 14:29
Investors focus on businesses that consistently generate profits. Net profit margin is key to assessing profitability. A higher net margin indicates a company's efficiency in converting sales into actual profits, providing insights into its operational effectiveness and the challenges it faces. Companies like Euroseas Ltd. (ESEA) , Qifu Technology, Inc. (QFIN) , RCM Technologies, Inc. (RCMT) and Steelcase Inc. (SCS) exhibit strong net profit margins. Net Profit Margin = Net Profit / Sales * 100 Net profit r ...
Euroseas Ltd. Announces 1-year Charter Contract for its Feeder Containership, M/V Jonathan P
GlobeNewswire News Room· 2024-10-07 13:20
ATHENS, Greece, Oct. 07, 2024 (GLOBE NEWSWIRE) -- Euroseas Ltd. (NASDAQ: ESEA, the "Company" or "Euroseas"), an owner and operator of container carrier vessels and provider of seaborne transportation for containerized cargoes, announced today a time charter contract for its 1,732 teu feeder containership, M/V Jonathan P, for a minimum period of 11 to a maximum period of 13 months at the option of the charterer, at a gross daily rate of $20,000. The new charter will commence after the completion of her sched ...
Here's Why You Should Add Euroseas Stock to Your Portfolio Now
ZACKS· 2024-09-26 14:06
Core Viewpoint - Euroseas (ESEA) is experiencing significant growth due to profitable contracts and a strong time charter equivalent rate, leading to impressive share performance and a recommendation for investment [1]. Group 1: Stock Performance - ESEA's shares have surged 55.2% year to date, outperforming the industry's growth of 23.7% [2]. - The Zacks Consensus Estimate for earnings per share has improved by 24.5% for the current quarter and 36.5% for the current year, indicating strong broker confidence [3]. Group 2: Industry Context - ESEA belongs to an industry with a Zacks Industry Rank of 93 out of 252, placing it in the top 37% of Zacks industries, which is crucial for stock performance [4]. Group 3: Growth Drivers - The company benefits from increased time charter rates and a higher average number of vessels owned and operated [5]. - The ongoing Red Sea crisis is contributing to rising ocean freight rates, further supporting ESEA's performance [6]. Group 4: Financial Health - ESEA declared a quarterly dividend of 60 cents per share, reflecting its financial prosperity and confidence in cash flow, which is attractive for income-seeking investors [6].
3 Shipping Stocks to Buy Now Despite Industry Headwinds
ZACKS· 2024-09-25 17:05
The Zacks Transportation - Shipping industry is suffering from headwinds like high expenses and lingering supply-chain disruptions. Geopolitical and environmental woes represent further challenges. Despite macroeconomic challenges causing uncertainty in demand, the industry demonstrates resilience, especially in case of companies prioritizing growth and operational efficiency. Among the companies in the industry that will probably survive the challenges are ZIM Integrated Shipping Services Ltd. (ZIM) , Euro ...
Euroseas Ltd. Announces 3-year Charter Contract for its Intermediate Containership, M/V Synergy Busan
GlobeNewswire News Room· 2024-09-23 20:21
ATHENS, Greece, Sept. 23, 2024 (GLOBE NEWSWIRE) -- Euroseas Ltd. (NASDAQ: ESEA, the "Company" or "Euroseas"), an owner and operator of container carrier vessels and provider of seaborne transportation for containerized cargoes, announced today a time charter contract for its 4,250 teu intermediate containership, M/V Synergy Busan, for a minimum period of 36 to a maximum period of 38 months at the option of the charterer, at a gross daily rate of $35,500. The new charter will commence in early December 2024, ...
Euroseas Ltd. Announces Participation at Noble Capital Markets' Basic Industries Emerging Growth Virtual Equity Conference
GlobeNewswire News Room· 2024-09-23 16:45
ATHENS, Greece, Sept. 23, 2024 (GLOBE NEWSWIRE) -- Euroseas Ltd. (NASDAQ: ESEA, the "Company" or "Euroseas"), an owner and operator of container carrier vessels and provider of seaborne transportation for containerized cargoes, announced today that its CFO, Dr. Tasos Aslidis, will present at Noble Capital Markets' Basic Industries Emerging Growth Virtual Equity Conference on Wednesday, September 25, 2024 at 3:00pm Eastern Daylight Time. The broadcasted formal presentation will feature a fireside style Q&A s ...
Euroseas Gains 50% Year to Date: Too Late to Buy ESEA Stock?
ZACKS· 2024-09-23 14:16
Euroseas Limited (ESEA) continues to benefit from upbeat global trade and container shipping demand. ESEA shares have performed well on the bourses, gaining 49.7% year to date, handily outperforming its industry and other industry players like Seanergy Maritime Holdings (SHIP) and Frontline Plc (FRO) . 67.3% ESEA: 49.7% SHIP: 44.8% 28.7% Z SI190M: 20.0% FRO: 11.0% -1.6% 1/24 2/24 3/24 8/24 9/24 4/24 5/24 6/24 7/24 - EUROSEAS LTD (ESEA) % Growth Transportation-Ship Market (ZSI190M) % Growth - SEANERGY MARITM ...
Recent Price Trend in Euroseas (ESEA) is Your Friend, Here's Why
ZACKS· 2024-09-20 13:56
Most of us have heard the dictum "the trend is your friend." And this is undeniably the key to success when it comes to short-term investing or trading. But it isn't easy to ensure the sustainability of a trend and profit from it. The trend often reverses before exiting the trade, leading to a short-term capital loss for investors. So, for a profitable trade, one should confirm factors such as sound fundamentals, positive earnings estimate revisions, etc. that could keep the momentum in the stock alive. Inv ...
Euroseas (ESEA) Is a Great Choice for 'Trend' Investors, Here's Why
ZACKS· 2024-08-28 13:50
When it comes to short-term investing or trading, they say "the trend is your friend." And there's no denying that this is the most profitable strategy. But making sure of the sustainability of a trend to profit from it is easier said than done. Often, the direction of a stock's price movement reverses quickly after taking a position in it, making investors incur a short-term capital loss. So, it's important to ensure that there are enough factors -- such as sound fundamentals, positive earnings estimate re ...