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 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 ...

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 ...

Core Viewpoint - The article emphasizes the importance of identifying sustainable trends in short-term investing, highlighting that while price momentum can be profitable, it requires strong fundamentals to maintain that momentum [1][2]. Group 1: Stock Performance - Euroseas Ltd. (ESEA) has shown a solid price increase of 19.3% over the past 12 weeks, indicating investor confidence in its potential upside [4]. - ESEA's stock has increased by 25.3% over the last four weeks, suggesting that the upward trend is still intact [5]. - Currently, ESEA is trading at 89.9% of its 52-week high-low range, indicating a potential breakout [5]. Group 2: Fundamental Strength - ESEA holds a Zacks Rank 1 (Strong Buy), placing it in the top 5% of over 4,000 ranked stocks based on earnings estimate revisions and EPS surprises [6]. - The stock has an Average Broker Recommendation of 1 (Strong Buy), reflecting strong optimism from the brokerage community regarding its near-term price performance [7]. Group 3: Investment Strategy - The "Recent Price Strength" screen is a useful tool for identifying stocks like ESEA that have sufficient fundamental strength to sustain their recent uptrends [3]. - The article suggests that there are multiple stocks passing through the "Recent Price Strength" screen, encouraging investors to explore these options [8].

Core Viewpoint - The importance of cash flow over profit numbers for a company's sustainability and growth is emphasized, as cash flow provides the flexibility needed for decision-making, investments, and overall business health [1][2]. Group 1: Importance of Cash Flow - Cash flow is essential for a company's existence, development, and success, acting as the lifeblood of any business [1]. - Companies can face bankruptcy despite being profitable if they lack sufficient cash flow, highlighting the need for investors to assess cash flow efficiency [2]. - Positive cash flow indicates an increase in liquid assets, enabling companies to meet obligations, reinvest, and return wealth to shareholders [4]. Group 2: Growth and Management Efficiency - A company must not only have positive cash flow but also increasing cash flow to demonstrate management's efficiency and reduce reliance on external financing [5]. - Screening for stocks with rising cash flows involves analyzing net cash flow and comparing it to historical averages to identify positive trends [6]. Group 3: Screening Parameters - Stocks selected for investment should have cash flow in the latest quarter at least equal to the 5-year average, a Zacks Rank of 1 (Strong Buy), a current price of at least $5, and a VGM Score of B or better [6][7]. - Four stocks that qualified include Willdan Group, Euroseas, Lifeway Foods, and RCM Technologies, each showing strong cash flow and positive earnings estimates [3][8][9][10]. Group 4: Company Profiles - Willdan Group provides consulting services to utilities and industries, with a current-year earnings estimate of $1.97, reflecting a 5.9% increase [8]. - Euroseas operates in the shipping market and has seen a 36.5% increase in its current-year earnings estimate [9]. - Lifeway Foods specializes in Kefir production, with a 23.8% increase in its earnings estimate [10]. - RCM Technologies offers IT and engineering solutions, with a revised earnings estimate of $2.33, up by 2.2% [11].

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 ...

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 ...

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 ...

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) 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 ...