Euroseas stock: buy or sell?

ESEA stock price: $0.64 -1.54% At close on August 22nd, 2019

Updated on:
August 22nd, 2019

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After boosting an outstanding 7.69% yesterday, Euroseas closed today at $0.64 and slightly fell a fateful -1.54%. On August 13th ESEA plummed a scary -5.88%.

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; and drybulk carriers that transport iron ore, coal, grains, bauxite, phosphate, and fertilizers.

Should I buy Euroseas stock?

Make a decision about when to buy or sell stocks is one of the hardest parts of being a trader or investor. Trading strategies are meant for helping you in the decision process of what stocks to choose and when is the best moment to buy them. There are thousands of trading strategies for you to choose, but at Stocks2.com we prefer those that are simple but successful.

None of our preferred buy setups matches with Euroseas stock situation right now, therefore this is not a suitable entry point.

Buy setupElegible
New all-time highNo
New 52 week highNo
Price crossing up 200d MANo
100d MA crossing up 200d MANo
This is not a selling recommendation at all, just it's not the best moment to buy if you follow any of these trading strategies.

Is Euroseas stock a buy?

Financial institutions and banks post stock ratings everyday. At Stocks2.com, we found 1 rating published for ESEA stock in the last month.

Is ESEA a good stock to buy?
DateAnalyst / BrokerPrevious ratingCurrent rating
2019-8-22Noble Financialn/aBuy

Euroseas stock analysis

Daily outlook

After boosting an outstanding 7.69% yesterday, Euroseas closed today at $0.64 and slightly fell a fateful -1.54%.

After boosting an outstanding 7.69% yesterday, Euroseas closed today at $0.64 and slightly fell a fateful -1.54%. In this session, Euroseas stock crossed down the SMA100d line. If you are using SMA100d line as stop loss trigger, double check your position in this stock.

ESEA stock chart (daily)

Weekly outlook

Euroseas shares skyrocketed 20.75% this week, ending at $0.64. Early August ESEA collapsed a hair-raising -12.73% in just one week.

ESEA stock chart (weekly)

Euroseas stock price history

Euroseas stock went public on May 8th, 2006 with a price of $91.601. Since then, ESEA stock lost a -99.30%, with a yearly average of -7.60%.

1: Adjusted price after possible price splits or reverse-splits.

Euroseas stock historical price chart

ESEA stock reached 52-week highs on October at $3.87, and all-time highs 2007-10-16 with a price of 136.93.

Euroseas stock price target is $1.30

How much a stock will be priced tomorrow or next week is quite unpredictable However, banks and other financial institutions analysts, with the help of lots of data and algorithms do their best to predict the stock prices movement. The accuracy of these stock price predictions is not very high, and you should not blindly believe and make decisions only based on what this ratings or price target predictions say. For the last month we only found 1 price target for Euroseas stock:
ESEA stock price predictions
DateAnalyst / BrokerActionPrevious targetCurrent targetDiff
2019-8-22Noble FinancialReiteratesn/a$1.30-
(in average)$0.00$1.300.0%

Financials and fundamental analysis

Earnings date and Earnings per Share

On February, Euroseas failed to meet the expectations of the analysts and posted a chilling EPS of $-0.07 per share when experts were expecting $0.01.
ESEA earnings date and EPS evolution
QuarterReporting dateEstimated EPSActual EPSSurprise
2017-Q1-n/a-0.29n/a
2017-Q2-n/a-0.13n/a
2017-Q32017-11-10-0.13-0.06n/a
2017-Q42018-03-05n/a0.1n/a
2018-Q12018-05-08n/a-0.34n/a
2018-Q22018-08-10n/a0.04n/a
2018-Q32018-11-150.04-0.1n/a
2018-Q42019-02-200.01-0.07n/a
2019-Q1-n/an/an/a
2019-Q2-n/an/an/a

Annual financial results

In 2018, Euroseas annual revenues rocketed a super good 44.89% to $34.42 M USD from $23.76 marked in 2017. Likewise, its earnings margin (compared to sales) climbed to -0.32%, that is $-0.11 million.

ESEA annual Sales and Income evolution
YearSalesYoYIncome/(margin)YoY
2013$39 M-$-103.42 M-264.2%-
2014$41 M3.79%$-17.92 M-44.1%-82.67%
2015$38 M-7.27%$-14.05 M-37.3%-21.60%
2016$28 M-24.56%$-44.22 M-155.6%214.79%
2017$24 M-16.41%$-6.09 M-25.7%-86.22%
2018$34 M44.89%$-0.11 M-0.3%-98.21%

Quarterly financial results

Euroseas reported $8.02 million in revenues for 2018-Q4, a -3.96% decline compared to previous quarter. Reported quarter income marked $0.02 M with a profit margin of 0.28%. Profit margin fell a -5.92% compared to previous quarter when profit margin was 6.20%. When comparing revenues to same quarter last year, Euroseas sales marked a spooky correction and plunged a -69.98%.
ESEA quarterly Sales and Income evolution
QuarterSales1QoQ2Income1/(margin)QoQ2
2017-Q1$8 M-$-2.19 M-26.4%-
2017-Q2$10 M20.75%$-1.04 M-10.4%-52.51%
2017-Q3$11 M10.57%$-4.82 M-43.6%363.80%
2017-Q4$27 M141.29%$1.95 M7.3%-140.52%
2018-Q1$13 M-51.60%$-3.23 M-25.0%-265.28%
2018-Q2$5 M-60.32%$4.00 M78.0%-223.89%
2018-Q3$8 M62.76%$0.52 M6.2%-87.07%
2018-Q4$8 M-3.96%$0.02 M0.3%-95.62%

Euroseas ownership

When you are planning to buy a stock, it's worth to check its ownership structure.

Euroseas shares owned by insiders (that is, founders, CEO, CTO, main executives or other management staff) currently counts a 47.54% of all shares.

In case of Euroseas stock, 18.95% of its shares are held by institutions (mutual funds, pension funds, big banks and other large financial institutions). Bearish positions for ESEA stock account 0.00%, no big difference from last month.

The following table compares ownership indicators for other stocks related to Euroseas:

ESEADRYSDSXGNKSBLK
Market cap$8.0 M$451.0 M$364.9 M$367.9 M$0.0 M
Total shares12.5 M86.9 M105.8 M41.7 M0.0 M
Float shares3.4 M14.5 M61.7 M15.4 M46.3 M
  - Institutional holdings (%)18.9%0.8%43.2%87.3%58.2%
  - Insider holdings (%)47.5%83.4%20.2%0.6%9.9%
Shares in short selling0.0%0.0%0.0%0.0%0.0%

Euroseas summary

Thursday, August 22nd, 2019
Open$0.63
Close$0.64
Day range$0.63 - $0.67
Previous close$0.65
Session gain-1.54%
Average true range$0.05
50d mov avg$0.60
100d mov avg$0.65
200d mov avg$0.74
Daily pattern
Weekly pattern lb06a

Euroseas performance

To better understand Euroseas performance you must becnhmark its gains with other related stocks in same sector or industry. For Euroseas, the benchmark is made against DryShips, Diana Shipping, Genco Shipping & Trading and Star Bulk Carriers.
Stock3m6m12m
ESEAEuroseas-5.88%4.92%-59.24%
DRYSDryShips38.40%-1.14%7.23%
DSXDiana Shipping7.14%16.55%-19.77%
GNKGenco Shipping & ...18.84%4.99%-36.88%
SBLKStar Bulk Carrier...40.97%33.76%-22.17%

Euroseas competitors

One check before investing in any stock is to review a list of its competitors, in this case for Euroseas. We chose 4 companies as Euroseas competitors as they are in the same industry or have similar market objectives.