EuroDry (NASDAQ:EDRY – Get Free Report) and OceanPal (NASDAQ:OP – Get Free Report) are both small-cap industrials companies, but which is the better investment? We will contrast the two businesses based on the strength of their profitability, analyst recommendations, earnings, institutional ownership, dividends, valuation and risk.
Volatility & Risk
EuroDry has a beta of 0.74, indicating that its stock price is 26% less volatile than the S&P 500. Comparatively, OceanPal has a beta of 1.16, indicating that its stock price is 16% more volatile than the S&P 500.
Institutional and Insider Ownership
2.4% of EuroDry shares are held by institutional investors. 51.4% of EuroDry shares are held by insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a company will outperform the market over the long term.
Profitability
| Net Margins | Return on Equity | Return on Assets | |
| EuroDry | 15.02% | 8.77% | 4.34% |
| OceanPal | N/A | N/A | N/A |
Analyst Recommendations
This is a summary of recent recommendations for EuroDry and OceanPal, as provided by MarketBeat.com.
| Sell Ratings | Hold Ratings | Buy Ratings | Strong Buy Ratings | Rating Score | |
| EuroDry | 1 | 0 | 2 | 1 | 2.75 |
| OceanPal | 1 | 0 | 0 | 0 | 1.00 |
EuroDry currently has a consensus target price of $23.50, suggesting a potential downside of 64.99%. Given EuroDry’s stronger consensus rating and higher probable upside, equities research analysts clearly believe EuroDry is more favorable than OceanPal.
Earnings & Valuation
This table compares EuroDry and OceanPal”s revenue, earnings per share (EPS) and valuation.
| Gross Revenue | Price/Sales Ratio | Net Income | Earnings Per Share | Price/Earnings Ratio | |
| EuroDry | $52.26 million | 3.69 | -$4.26 million | $3.31 | 20.28 |
| OceanPal | $5.88 billion | 0.01 | -$17.86 million | ($66.00) | -0.18 |
EuroDry has higher earnings, but lower revenue than OceanPal. OceanPal is trading at a lower price-to-earnings ratio than EuroDry, indicating that it is currently the more affordable of the two stocks.
Summary
EuroDry beats OceanPal on 13 of the 15 factors compared between the two stocks.
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.
About OceanPal
OceanPal Inc. provides ocean-going transportation services worldwide. The company owns and operates dry bulk carriers that transport major bulks, such as iron ore, coal, and grains, as well as minor bulks, including bauxite, phosphate, and fertilizers. As of December 31, 2023, its fleet consisted of five dry bulk carriers, which include three Panamaxes and two Capesize vessels with a cargo carrying capacity of approximately 572,599 deadweight tons. The company was incorporated in 2021 and is based in Athens, Greece.
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