Comparing Navios Maritime Partners (NYSE:NMM) and EuroDry (NASDAQ:EDRY)

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

Profitability

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

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

Analyst Recommendations

This is a breakdown of recent ratings and target prices for Navios Maritime Partners and EuroDry, as provided by MarketBeat.com.

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

Navios Maritime Partners currently has a consensus target price of $100.00, indicating a potential upside of 11.29%. EuroDry has a consensus target price of $23.50, indicating a potential downside of 46.96%. Given Navios Maritime Partners’ stronger consensus rating and higher possible upside, equities research analysts clearly believe Navios Maritime Partners is more favorable than EuroDry.

Earnings & Valuation

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

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Navios Maritime Partners	$1.34 billion	1.92	$285.33 million	$15.31	5.87
EuroDry	$52.26 million	2.43	-$4.26 million	$3.31	13.39

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.

Institutional and Insider Ownership

62.7% of Navios Maritime Partners shares are owned by institutional investors. Comparatively, 2.4% of EuroDry shares are owned by institutional investors. 51.4% of EuroDry shares are owned by company insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a stock will outperform the market over the long term.

Risk and Volatility

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

Summary

Navios Maritime Partners beats EuroDry on 10 of the 13 factors compared between the two stocks.

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.

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.