Eurodry Stock Shares Outstanding

EDRY Stock  USD 13.41  0.39  2.83%   
EuroDry fundamentals help investors to digest information that contributes to EuroDry's financial success or failures. It also enables traders to predict the movement of EuroDry Stock. The fundamental analysis module provides a way to measure EuroDry's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to EuroDry stock.
Common Stock Shares Outstanding is likely to drop to about 2.7 M in 2024.
  
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EuroDry Company Shares Outstanding Analysis

EuroDry's Outstanding Shares are shares of common stock of a public company that were purchased by investors after they were authorized and issued by the company to the public. Outstanding Shares are typically reported on fully diluted basis, including exotic instruments such as options, or convertibles bonds.

Shares Outstanding

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Public Shares

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Repurchased

More About Shares Outstanding | All Equity Analysis

Current EuroDry Shares Outstanding

    
  2.79 M  
Most of EuroDry's fundamental indicators, such as Shares Outstanding, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, EuroDry is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

EuroDry Shares Outstanding Driver Correlations

Understanding the fundamental principles of building solid financial models for EuroDry is extremely important. It helps to project a fair market value of EuroDry Stock properly, considering its historical fundamentals such as Shares Outstanding. Since EuroDry's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of EuroDry's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of EuroDry's interrelated accounts and indicators.
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EuroDry Shares Outstanding Historical Pattern

Today, most investors in EuroDry Stock are looking for potential investment opportunities by analyzing not only static indicators but also various EuroDry's growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's shares outstanding growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of EuroDry shares outstanding as a starting point in their analysis.
   EuroDry Shares Outstanding   
       Timeline  
Outstanding shares that are stated on company Balance Sheet are used when calculating many important valuation and performance indicators including Return on Equity, Market Cap, EPS and many others.
Competition

EuroDry Common Stock Shares Outstanding

Common Stock Shares Outstanding

2.68 Million

At this time, EuroDry's Common Stock Shares Outstanding is fairly stable compared to the past year.
Based on the latest financial disclosure, EuroDry has 2.79 M of shares currently outstending. This is 98.09% lower than that of the Marine Transportation sector and significantly higher than that of the Industrials industry. The shares outstanding for all United States stocks is 99.51% higher than that of the company.

EuroDry Shares Outstanding Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses EuroDry's direct or indirect competition against its Shares Outstanding to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of EuroDry could also be used in its relative valuation, which is a method of valuing EuroDry by comparing valuation metrics of similar companies.
EuroDry is currently under evaluation in shares outstanding category among its peers.

EuroDry Current Valuation Drivers

We derive many important indicators used in calculating different scores of EuroDry from analyzing EuroDry's financial statements. These drivers represent accounts that assess EuroDry's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of EuroDry's important valuation drivers and their relationship over time.
201920202021202220232024 (projected)
Market Cap17.6M12.5M48.1M49.4M52.6M55.3M
Enterprise Value68.7M62.6M99.9M96.6M148.6M156.0M

EuroDry ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, EuroDry's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to EuroDry's managers, analysts, and investors.
Environmental
Governance
Social

EuroDry Fundamentals

About EuroDry Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze EuroDry's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of EuroDry using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of EuroDry based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.

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Additional Tools for EuroDry Stock Analysis

When running EuroDry's price analysis, check to measure EuroDry's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy EuroDry is operating at the current time. Most of EuroDry's value examination focuses on studying past and present price action to predict the probability of EuroDry's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move EuroDry's price. Additionally, you may evaluate how the addition of EuroDry to your portfolios can decrease your overall portfolio volatility.