Global Ship Lease (NYSE:GSL) & EuroDry (NASDAQ:EDRY) Head-To-Head Survey

Global Ship Lease (NYSE:GSL) and EuroDry (NASDAQ:EDRY) are both small-cap transportation companies, but which is the superior investment? We will compare the two businesses based on the strength of their analyst recommendations, risk, institutional ownership, profitability, earnings, dividends and valuation.

Analyst Ratings

This is a breakdown of recent recommendations for Global Ship Lease and EuroDry, as provided by MarketBeat.com.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Global Ship Lease	1	0	3	1	2.80
EuroDry	1	0	1	1	2.67

Global Ship Lease presently has a consensus target price of $46.50, suggesting a potential upside of 8.01%. EuroDry has a consensus target price of $23.50, suggesting a potential downside of 5.62%. Given Global Ship Lease’s stronger consensus rating and higher probable upside, equities research analysts plainly believe Global Ship Lease is more favorable than EuroDry.

Institutional and Insider Ownership

50.1% of Global Ship Lease shares are owned by institutional investors. Comparatively, 2.4% of EuroDry shares are owned by institutional investors. 7.4% of Global Ship Lease shares are owned by insiders. Comparatively, 51.4% of EuroDry shares are owned by insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a stock will outperform the market over the long term.

Volatility & Risk

Global Ship Lease has a beta of 0.9, suggesting that its share price is 10% less 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.

Valuation & Earnings

This table compares Global Ship Lease and EuroDry”s gross revenue, earnings per share (EPS) and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Global Ship Lease	$766.45 million	2.02	$416.45 million	$10.53	4.09
EuroDry	$52.26 million	1.38	-$4.26 million	($0.13)	-191.54

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

Profitability

This table compares Global Ship Lease and EuroDry’s net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Global Ship Lease	50.01%	21.11%	13.42%
EuroDry	-0.55%	-0.88%	-0.43%

Summary

Global Ship Lease beats EuroDry on 13 of the 14 factors compared between the two stocks.

About Global Ship Lease

Global Ship Lease, Inc., together with its subsidiaries, engages in owning and chartering of containerships under fixed-rate charters to container shipping companies worldwide. As of March 11, 2024, it owned 68 mid-sized and smaller containerships, ranging from 2,207 to 11,040 twenty-foot equivalent unit (TEU), with an aggregate capacity of 375,406 TEU. The company was founded in 2007 and is based in Athens, Greece.

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.