Head-To-Head Contrast: Navios Maritime Partners (NYSE:NMM) & EuroDry (NASDAQ:EDRY)

EuroDry (NASDAQ:EDRY) and Navios Maritime Partners (NYSE:NMM) are both industrials companies, but which is the superior investment? We will contrast the two companies based on the strength of their dividends, institutional ownership, valuation, risk, earnings, analyst recommendations and profitability.

Analyst Ratings

This is a breakdown of current ratings and recommmendations for EuroDry and Navios Maritime Partners, as provided by MarketBeat.com.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
EuroDry	1	1	2	0	2.25
Navios Maritime Partners	0	0	2	0	3.00

EuroDry currently has a consensus price target of $23.50, suggesting a potential downside of 47.74%. Navios Maritime Partners has a consensus price target of $100.00, suggesting a potential upside of 12.54%. Given Navios Maritime Partners’ stronger consensus rating and higher probable upside, analysts clearly believe Navios Maritime Partners is more favorable than EuroDry.

Profitability

This table compares EuroDry and Navios Maritime Partners’ net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
EuroDry	15.02%	8.77%	4.34%
Navios Maritime Partners	30.27%	12.24%	6.90%

Valuation and Earnings

This table compares EuroDry and Navios Maritime Partners”s top-line revenue, earnings per share and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
EuroDry	$62.27 million	2.07	-$4.26 million	$3.31	13.59
Navios Maritime Partners	$1.34 billion	1.90	$285.33 million	$15.31	5.80

Navios Maritime Partners has higher revenue and earnings than EuroDry. Navios Maritime Partners is trading at a lower price-to-earnings ratio than EuroDry, indicating that it is currently the more affordable of the two stocks.

Volatility & Risk

EuroDry has a beta of 0.77, suggesting that its stock price is 23% less volatile than the S&P 500. Comparatively, Navios Maritime Partners has a beta of 1.05, suggesting that its stock price is 5% more volatile than the S&P 500.

Institutional and Insider Ownership

2.4% of EuroDry shares are owned by institutional investors. Comparatively, 62.7% of Navios Maritime Partners shares are owned by institutional investors. 51.4% of EuroDry shares are owned by insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a stock is poised for long-term growth.

Summary

Navios Maritime Partners beats EuroDry on 10 of the 13 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 Navios Maritime Partners

Navios Maritime Partners L.P. owns and operates dry cargo vessels in Asia, Europe, North America, and Australia. The company offers seaborne transportation services for a range of liquid and dry cargo commodities, including crude oil, refined petroleum, chemicals, iron ore, coal, grain, fertilizer, and containers, as well as charters its vessels under short, medium, and longer-term charters. Navios Maritime Partners L.P. was founded in 2007 and is based in Monaco.