Euroseas Ltd. (NASDAQ:ESEA) has been given a consensus broker rating score of 1.00 (Strong Buy) from the one analysts that cover the company, Zacks Investment Research reports. One research analyst has rated the stock with a strong buy rating.
Brokers have set a 12 month consensus price objective of $3.00 for the company, according to Zacks. Zacks has also assigned Euroseas an industry rank of 243 out of 265 based on the ratings given to related companies.
Several equities analysts have commented on ESEA shares. Maxim Group set a $3.00 price objective on shares of Euroseas and gave the company a “buy” rating in a report on Monday, November 20th. ValuEngine upgraded shares of Euroseas from a “strong sell” rating to a “sell” rating in a research note on Friday, October 27th.
Euroseas (NASDAQ ESEA) opened at $1.77 on Monday. Euroseas has a fifty-two week low of $1.13 and a fifty-two week high of $2.73. The company has a debt-to-equity ratio of 1.01, a quick ratio of 0.92 and a current ratio of 1.02.
Euroseas (NASDAQ:ESEA) last released its quarterly earnings data on Friday, November 10th. The shipping company reported ($0.06) EPS for the quarter, beating the Thomson Reuters’ consensus estimate of ($0.12) by $0.06. Euroseas had a negative net margin of 70.00% and a negative return on equity of 14.29%. The firm had revenue of $11.07 million for the quarter.
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Euroseas Ltd. is engaged in the shipping business. The Company is an owner and operator of drybulk and container carrier vessels and is a provider of seaborne transportation for drybulk and containerized cargoes. Eurobulk Ltd. manages the Company’s operations. The Company also owns and operates dry bulk carriers that transport major bulks, such as iron ore, coal and grains, and minor bulks, such as bauxite, phosphate and fertilizers.
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