Euroseas Ltd. (NASDAQ:ESEA - Free Report) - Equities researchers at Noble Financial raised their Q1 2025 EPS estimates for shares of Euroseas in a note issued to investors on Thursday, February 13th. Noble Financial analyst M. Reichman now forecasts that the shipping company will earn $5.25 per share for the quarter, up from their prior forecast of $5.05. The consensus estimate for Euroseas' current full-year earnings is $15.15 per share. Noble Financial also issued estimates for Euroseas' Q2 2025 earnings at $3.92 EPS, Q3 2025 earnings at $4.07 EPS and Q4 2025 earnings at $4.05 EPS.
Separately, StockNews.com downgraded Euroseas from a "buy" rating to a "hold" rating in a report on Tuesday, November 12th.
View Our Latest Stock Report on Euroseas
Euroseas Stock Up 0.9 %
Shares of Euroseas stock traded up $0.30 during midday trading on Monday, hitting $33.85. The company had a trading volume of 19,514 shares, compared to its average volume of 37,522. The company has a debt-to-equity ratio of 0.53, a quick ratio of 1.59 and a current ratio of 1.65. The company has a 50 day moving average of $33.91 and a 200 day moving average of $39.75. Euroseas has a 52-week low of $30.21 and a 52-week high of $50.92. The stock has a market capitalization of $237.29 million, a P/E ratio of 2.09 and a beta of 0.85.
Institutional Investors Weigh In On Euroseas
Institutional investors and hedge funds have recently modified their holdings of the company. Barclays PLC raised its position in shares of Euroseas by 67.5% in the third quarter. Barclays PLC now owns 623 shares of the shipping company's stock worth $30,000 after acquiring an additional 251 shares during the period. Bank of America Corp DE raised its position in shares of Euroseas by 1,611.0% in the fourth quarter. Bank of America Corp DE now owns 1,865 shares of the shipping company's stock valued at $68,000 after buying an additional 1,756 shares during the last quarter. Retireful LLC purchased a new position in shares of Euroseas in the fourth quarter worth about $222,000. Geode Capital Management LLC acquired a new stake in Euroseas in the 3rd quarter valued at about $248,000. Finally, Mariner LLC purchased a new stake in shares of Euroseas in the fourth quarter valued at approximately $306,000. Institutional investors and hedge funds own 6.27% of the company's stock.
Euroseas Company Profile
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Euroseas Ltd. provides ocean-going transportation services worldwide. The company owns and operates containerships that transport dry and refrigerated containerized cargoes, including manufactured products and perishables. As of March 31, 2024, it had a fleet of 20 containerships with a cargo carrying capacity of approximately 777,749 dwt.
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