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4 High-Flying Stocks With Rising Cash Flows to Buy Now
ZACKS· 2024-08-26 14:45
As the Federal Reserve gears up to cut interest rates ahead, investors might be tempted to park their hard-earned money in stocks based on profit numbers. However, if achieving profit is a company's goal, then having a healthy cash flow is the most essential for its existence, development and success. This is because cash offers a company the flexibility to make decisions, the means to make investments, the fuel to run its growth engine and can, indeed, be called the lifeblood of any business. Often, invest ...
Is Euroseas (ESEA) Stock Undervalued Right Now?
ZACKS· 2024-08-15 14:47
While the proven Zacks Rank places an emphasis on earnings estimates and estimate revisions to find strong stocks, we also know that investors tend to develop their own individual strategies. With this in mind, we are always looking at value, growth, and momentum trends to discover great companies. Of these, perhaps no stock market trend is more popular than value investing, which is a strategy that has proven to be successful in all sorts of market environments. Value investors rely on traditional forms of ...
Here's Why Momentum in Euroseas (ESEA) Should Keep going
ZACKS· 2024-08-12 13:51
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 ...
Best Value Stocks to Buy for August 12th
ZACKS· 2024-08-12 11:50
Here are three stocks with buy rank and strong value characteristics for investors to consider today, August 12th: Euroseas Ltd. (ESEA) : This ocean-going transportation services company carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 36.5% over the last 60 days. Euroseas has a price-to-earnings ratio (P/E) of 3.15, compared with 6.30 for the industry. The company possesses a Value Score of A. Jackson Financial Inc. (JXN) : This insurance comp ...
Euroseas Is Chartering At Elevated Rates Thanks To The Red Sea, But Remains A Hold
Seeking Alpha· 2024-08-07 19:24
Thierry Dosogne This article analyzes Euroseas Ltd. (NASDAQ:ESEA) 2Q24 earnings results and the company's valuation. On the business side, the company is still enjoying profitable $40k/day contracts landed during the bottlenecks of 2021/22, helping it maintain a $30k/day+ TCE and good profitability. The company's new ships are being chartered at rates ranging from $16k to $25k, aided by conflict in the Red Sea, albeit for short periods. ESEA's contract maturities this year will probably be chartered at good ...
Euroseas Ltd. (ESEA) Surpasses Q2 Earnings and Revenue Estimates
ZACKS· 2024-08-06 15:05
Euroseas Ltd. (ESEA) came out with quarterly earnings of $4.92 per share, beating the Zacks Consensus Estimate of $2.49 per share. This compares to earnings of $4.17 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 97.59%. A quarter ago, it was expected that this company would post earnings of $3.02 per share when it actually produced earnings of $2.66, delivering a surprise of -11.92%. Over the last four quarters, the company ...
Euroseas Ltd. Reports Results for the Six-Month Period and Quarter Ended June 30, 2024
GlobeNewswire News Room· 2024-08-06 12:54
ATHENS, Greece, Aug. 06, 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 its results for the three- and six-month periods ended June 30, 2024. Second Quarter 2024 Financial Highlights: Total net revenues of $58.7 million. Net income of $40.7 million or $5.89 and $5.84 earnings per share basic and diluted, respectively. Adjusted net income1 ...
Euroseas: A Strong Buy On Dips
Seeking Alpha· 2024-08-01 10:14
xefstock 52 Week Range 21.01 42.46 Day Range 36.85 |38.33 EPS (FWD) 10.46 PE (FWD) 3,57 Div Rate (FWD) $2.40 Yield (FWD) 6.41% 0.10% Short Interest Market Cap $262.48M Volume 19,425 Prev. Close $37.42 Exciting Opportunity Euroseas Ltd. (NASDAQ:ESEA) is the smallest, publicly traded, marine cargo shipping company about those we have written in our series for Secking. Alpha. IIs market cap is $261.99M. Euroseas excites us, and we consider the stock a Strong Buy opportunity on dips in the share price. The shar ...
Euroseas Ltd. Sets Date for the Release of Second Quarter 2024 Results, Conference Call and Webcast
Newsfilter· 2024-07-31 13:10
Participants should dial into the call 10 minutes before the scheduled time using the following numbers: 877 405 1226 (US Toll-Free Dial In) or +1 201 689 7823 (US and Standard International Dial In). Please quote "Euroseas" to the operator and/or conference ID 13748264. Click here for additional participant International Toll-Free access numbers. Audio Webcast ‐ Slides Presentation: Euroseas Ltd. was formed on May 5, 2005 under the laws of the Republic of the Marshall Islands to consolidate the ship owning ...
Euroseas Ltd. Announces 18-month Charter Contract for its Feeder Containership, EM Spetses
Newsfilter· 2024-07-23 20:05
ATHENS, Greece, July 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 new time charter contract for its 1,740 feeder containership, EM Spetses, for a minimum period of 18 to a maximum period of 20 months at the option of the charterer, at a gross daily rate of $18,100. The charter for EM Spetses will commence in early August 2024, upo ...