Replies to post #228 on Euroseas Ltd (ESEA)

[tasari]

So Q1 + Q2 2021 total of $1.57 EPS
https://seekingalpha.com/symbol/ESEA/earnings

This means with a P/E of 30 this should give a stock price around $47 AND this just based on earnings of a half year 2021 !
So if I only "double" the earnings, the stock should be $94 :-O Even with a P/E of only 25 it gives a stock price of $78 and current price is $21 :-O

The next quarters will be giving a much higher EPS than the actual 2 first quarters..

These very profitable quarters didn't happen since at least 10 years for this company. So imagine soon when this stock will get noticed by many fundamental analyzers.. and technical it is still in uptrend !