Castor Maritime (NASDAQ:CTRM – Get Free Report) and EuroDry (NASDAQ:EDRY – Get Free Report) are both small-cap transportation companies, but which is the better business? We will contrast the two businesses based on the strength of their profitability, analyst recommendations, institutional ownership, risk, earnings, dividends and valuation.
Analyst Ratings
This is a breakdown of recent ratings and recommmendations for Castor Maritime and EuroDry, as provided by MarketBeat.com.
| Sell Ratings | Hold Ratings | Buy Ratings | Strong Buy Ratings | Rating Score | |
| Castor Maritime | 1 | 0 | 0 | 0 | 1.00 |
| EuroDry | 1 | 0 | 1 | 1 | 2.67 |
EuroDry has a consensus price target of $23.50, suggesting a potential upside of 6.29%. Given EuroDry’s stronger consensus rating and higher possible upside, analysts plainly believe EuroDry is more favorable than Castor Maritime.
Insider and Institutional Ownership
Profitability
This table compares Castor Maritime and EuroDry’s net margins, return on equity and return on assets.
| Net Margins | Return on Equity | Return on Assets | |
| Castor Maritime | 103.17% | 3.34% | 2.50% |
| EuroDry | -0.55% | -0.88% | -0.43% |
Earnings and Valuation
This table compares Castor Maritime and EuroDry”s revenue, earnings per share (EPS) and valuation.
| Gross Revenue | Price/Sales Ratio | Net Income | Earnings Per Share | Price/Earnings Ratio | |
| Castor Maritime | $81.81 million | 0.23 | $19.27 million | $1.40 | 1.41 |
| EuroDry | $52.26 million | 1.22 | -$4.26 million | ($0.13) | -170.08 |
Castor Maritime has higher revenue and earnings than EuroDry. EuroDry is trading at a lower price-to-earnings ratio than Castor Maritime, indicating that it is currently the more affordable of the two stocks.
Risk and Volatility
Castor Maritime has a beta of 1.19, suggesting that its share price is 19% more volatile than the S&P 500. Comparatively, EuroDry has a beta of 0.69, suggesting that its share price is 31% less volatile than the S&P 500.
Summary
Castor Maritime beats EuroDry on 8 of the 15 factors compared between the two stocks.
About Castor Maritime
Castor Maritime Inc. provides shipping services worldwide. The company operates through Dry Bulk Vessels and Containerships segments. It offers seaborne transportation services for dry bulk cargo; and commodities, such as iron ore, coal, soybeans, etc. As of December 31, 2023, the company owned and operated a fleet of 17 vessels primarily consisting of one Capesize, five Kamsarmax, two Handysize tanker vessels, and nine Panamax dry bulk vessels, as well as two 2,700 TEU containership vessels. Castor Maritime Inc. was incorporated in 2017 and is based in Limassol, Cyprus.
About EuroDry
EuroDry Ltd., through its subsidiaries, provides ocean-going transportation services worldwide. It owns and operates a fleet of drybulk carriers that transport major bulks, such as iron ore, coal, and grains; and minor bulks, including bauxite, phosphate, and fertilizers. The company fleet consisted of 13 drybulk carriers comprising five Panamax drybulk carriers, two Kamsarmax, five Ultramax drybulk carriers, and one Supramax drybulk carrier with a total cargo carrying capacity of 918,502 dwt. EuroDry Ltd. was incorporated in 2018 and is based in Marousi, Greece.
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