Latest news with #ESEA
Yahoo
5 days ago
- Business
- Yahoo
Is Euroseas (ESEA) Stock Outpacing Its Transportation Peers This Year?
For those looking to find strong Transportation stocks, it is prudent to search for companies in the group that are outperforming their peers. Euroseas Ltd. (ESEA) is a stock that can certainly grab the attention of many investors, but do its recent returns compare favorably to the sector as a whole? A quick glance at the company's year-to-date performance in comparison to the rest of the Transportation sector should help us answer this question. Euroseas Ltd. is one of 122 companies in the Transportation group. The Transportation group currently sits at #15 within the Zacks Sector Rank. The Zacks Sector Rank considers 16 different sector groups. The average Zacks Rank of the individual stocks within the groups is measured, and the sectors are listed from best to worst. The Zacks Rank is a successful stock-picking model that emphasizes earnings estimates and estimate revisions. The system highlights a number of different stocks that could be poised to outperform the broader market over the next one to three months. Euroseas Ltd. is currently sporting a Zacks Rank of #2 (Buy). Within the past quarter, the Zacks Consensus Estimate for ESEA's full-year earnings has moved 8% higher. This means that analyst sentiment is stronger and the stock's earnings outlook is improving. Our latest available data shows that ESEA has returned about 7.4% since the start of the calendar year. Meanwhile, the Transportation sector has returned an average of -7.1% on a year-to-date basis. As we can see, Euroseas Ltd. is performing better than its sector in the calendar year. Another Transportation stock, which has outperformed the sector so far this year, is Grupo Aeroportuario del Pacifico (PAC). The stock has returned 30.9% year-to-date. In Grupo Aeroportuario del Pacifico's case, the consensus EPS estimate for the current year increased 0.2% over the past three months. The stock currently has a Zacks Rank #2 (Buy). To break things down more, Euroseas Ltd. belongs to the Transportation - Shipping industry, a group that includes 36 individual companies and currently sits at #171 in the Zacks Industry Rank. Stocks in this group have lost about 5.4% so far this year, so ESEA is performing better this group in terms of year-to-date returns. On the other hand, Grupo Aeroportuario del Pacifico belongs to the Transportation - Services industry. This 23-stock industry is currently ranked #194. The industry has moved -3.3% year to date. Going forward, investors interested in Transportation stocks should continue to pay close attention to Euroseas Ltd. and Grupo Aeroportuario del Pacifico as they could maintain their solid performance. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Euroseas Ltd. (ESEA) : Free Stock Analysis Report Grupo Aeroportuario Del Pacifico, S.A. de C.V. (PAC) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Sign in to access your portfolio
Business Insider
5 days ago
- Business
- Business Insider
Euroseas secures new time charter contract for M/V Emmanuel P
Euroseas (ESEA) announced that it has secured a new time charter contract for its 4,250 teu intermediate containership, M/V Emmanuel P built in 2005, for a minimum period of 36 to a maximum period of 38 months, at the option of the charterer, at a gross daily rate of $38,000. The new charter period is expected to commence upon delivery of the vessel from the shipyard, following the completion of her scheduled drydock and the installation of energy saving devices, both of which are expected in the first half of September of 2025. Confident Investing Starts Here:
Yahoo
23-05-2025
- Business
- Yahoo
Is Euroseas (ESEA) Stock Undervalued Right Now?
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks. Of these, value investing is easily one of the most popular ways to find great stocks in any market environment. Value investors use a variety of methods, including tried-and-true valuation metrics, to find these stocks. In addition to the Zacks Rank, investors looking for stocks with specific traits can utilize our Style Scores system. Of course, value investors will be most interested in the system's "Value" category. Stocks with "A" grades for Value and high Zacks Ranks are among the best value stocks available at any given moment. One company to watch right now is Euroseas (ESEA). ESEA is currently sporting a Zacks Rank of #2 (Buy), as well as an A grade for Value. The stock holds a P/E ratio of 2.62, while its industry has an average P/E of 6.60. ESEA's Forward P/E has been as high as 5.39 and as low as 1.91, with a median of 3.06, all within the past year. Another notable valuation metric for ESEA is its P/B ratio of 0.77. The P/B ratio pits a stock's market value against its book value, which is defined as total assets minus total liabilities. This stock's P/B looks solid versus its industry's average P/B of 1.43. Over the past 12 months, ESEA's P/B has been as high as 1.08 and as low as 0.55, with a median of 0.81. Finally, investors should note that ESEA has a P/CF ratio of 1.99. This metric focuses on a firm's operating cash flow and is often used to find stocks that are undervalued based on the strength of their cash outlook. This company's current P/CF looks solid when compared to its industry's average P/CF of 4.08. Within the past 12 months, ESEA's P/CF has been as high as 2.64 and as low as 1.43, with a median of 2.01. These are just a handful of the figures considered in Euroseas's great Value grade. Still, they help show that the stock is likely being undervalued at the moment. Add this to the strength of its earnings outlook, and we can clearly see that ESEA is an impressive value stock right now. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Euroseas Ltd. (ESEA) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
22-05-2025
- Business
- Yahoo
Opinion - The one-two punch working parents need for educational choice
This month, House Republicans advanced legislation that has the potential to dramatically expand education options for American families. The House Ways and Means Committee has approved a bill that would establish a $5 billion tax credit to create education scholarships and expand the allowable uses of funds saved in 529 accounts, giving families more options to pay for education costs. But Congress should consider ways to reform other federal education funding programs, to better align with the growing movement in states across the country to expand parental choice in education. At the state level, Texas recently became the latest to offer parents direct control of their child's K-12 schooling through education savings accounts (ESAs). The new program will offer $10,000 to students to pay for private school tuition, tutoring and other education costs. More than half of America's children will live in states with private school choice. These states' innovative approaches to funding education should inform new federal reforms to use funding provided through Title I of the Elementary and Secondary Education Act (ESEA) for 529 accounts, allowing disadvantaged parents to choose the right K-12 learning environment for their children. Until now, 529 accounts have mostly benefited the wealthiest families. As of 2013, more than 80 percent of the funds held in 529 accounts were owned by the richest 20 percent of American households. Like Roth IRAs, investment gains in 529s are not subject to federal or state taxation. While 529s are still largely the province of the wealthy, state-funded ESA programs are giving lower-income families access to new education options beyond public schools. For example, the legislation in Texas to establish education savings accounts prioritizes lower-income families and children with disabilities to receive available funds first. Congress needs to replicate what innovative states have done and use ESEA dollars to fund 529s for low-income families. The result would be a one-two punch for educational opportunity and parental choice. Congress should reform the $18.4 billion Title I program, which provides funds to public schools serving lower-income children, into a direct deposit program to benefit low-income children. This alone could put $1,000 into every low-income child's 529 account. Eligible parents in the 18 states (including Texas) with ESAs could use state and federally funded accounts to pay for educational choice. There is already a growing movement at the state level to help lower-income families save for education expenses. Most states with income taxes provide a tax benefit for contributions to 529 accounts. Eight states now offer state tax deductions or credits to encourage employers to fund employees' education savings accounts. In addition, more than 80 initiatives across the country provide direct deposits into children's 529 accounts to help families begin saving. Evidence suggests these programs benefit working families. Researchers studied a pilot program in Oklahoma that put $1,000 seed investments into children's 529 accounts; the study found that children and their parents receiving seed investments experienced financial, social and emotional benefits. And while ESAs are relatively new and have not yet been the focus of empirical research, they have proven overwhelmingly popular with parents. The number of children using ESAs has increased from 63,000 in 2023 to 489,000 in 2025. Broadly, decades of research evaluations have revealed generally positive results from private school choice programs, including increasing educational attainment. President Trump has rallied behind a new template for educational policy based on empowering 'every parent in America … to send their child to public, private, charter, or faith-school of their choice.' But closing the Department of Education and sending federal educational dollars to the states, while both laudable in their own right, is ultimately not the same as 'universal school choice.' In progressive states, there remain too many powerful, entrenched special interests against increased educational choice, such as teachers unions and their political allies in elected office and the administrative state. Thus, true universal choice will happen only if the federal government empowers working families — not anti-school-choice politicians and state bureaucrats — to save and invest for their children's future. Dan Lips is a senior fellow with the Foundation for Research on Equal Opportunity (FREOPP). Michael Toth is a resident fellow at FREOPP and a research fellow at the University of Texas at Austin Civitas Institute. Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
The Hill
22-05-2025
- Business
- The Hill
The one-two punch working parents need for educational choice
This month, House Republicans advanced legislation that has the potential to dramatically expand education options for American families. The House Ways and Means Committee has approved a bill that would establish a $5 billion tax credit to create education scholarships and expand the allowable uses of funds saved in 529 accounts, giving families more options to pay for education costs. But Congress should consider ways to reform other federal education funding programs, to better align with the growing movement in states across the country to expand parental choice in education. At the state level, Texas recently became the latest to offer parents direct control of their child's K-12 schooling through education savings accounts (ESAs). The new program will offer $10,000 to students to pay for private school tuition, tutoring and other education costs. More than half of America's children will live in states with private school choice. These states' innovative approaches to funding education should inform new federal reforms to use funding provided through Title I of the Elementary and Secondary Education Act (ESEA) for 529 accounts, allowing disadvantaged parents to choose the right K-12 learning environment for their children. Until now, 529 accounts have mostly benefited the wealthiest families. As of 2013, more than 80 percent of the funds held in 529 accounts were owned by the richest 20 percent of American households. Like Roth IRAs, investment gains in 529s are not subject to federal or state taxation. While 529s are still largely the province of the wealthy, state-funded ESA programs are giving lower-income families access to new education options beyond public schools. For example, the legislation in Texas to establish education savings accounts prioritizes lower-income families and children with disabilities to receive available funds first. Congress needs to replicate what innovative states have done and use ESEA dollars to fund 529s for low-income families. The result would be a one-two punch for educational opportunity and parental choice. Congress should reform the $18.4 billion Title I program, which provides funds to public schools serving lower-income children, into a direct deposit program to benefit low-income children. This alone could put $1,000 into every low-income child's 529 account. Eligible parents in the 18 states (including Texas) with ESAs could use state and federally funded accounts to pay for educational choice. There is already a growing movement at the state level to help lower-income families save for education expenses. Most states with income taxes provide a tax benefit for contributions to 529 accounts. Eight states now offer state tax deductions or credits to encourage employers to fund employees' education savings accounts. In addition, more than 80 initiatives across the country provide direct deposits into children's 529 accounts to help families begin saving. Evidence suggests these programs benefit working families. Researchers studied a pilot program in Oklahoma that put $1,000 seed investments into children's 529 accounts; the study found that children and their parents receiving seed investments experienced financial, social and emotional benefits. And while ESAs are relatively new and have not yet been the focus of empirical research, they have proven overwhelmingly popular with parents. The number of children using ESAs has increased from 63,000 in 2023 to 489,000 in 2025. Broadly, decades of research evaluations have revealed generally positive results from private school choice programs, including increasing educational attainment. President Trump has rallied behind a new template for educational policy based on empowering 'every parent in America … to send their child to public, private, charter, or faith-school of their choice.' But closing the Department of Education and sending federal educational dollars to the states, while both laudable in their own right, is ultimately not the same as 'universal school choice.' In progressive states, there remain too many powerful, entrenched special interests against increased educational choice, such as teachers unions and their political allies in elected office and the administrative state. Thus, true universal choice will happen only if the federal government empowers working families — not anti-school-choice politicians and state bureaucrats — to save and invest for their children's future. Dan Lips is a senior fellow with the Foundation for Research on Equal Opportunity (FREOPP). Michael Toth is a resident fellow at FREOPP and a research fellow at the University of Texas at Austin Civitas Institute.
