DryShips stock: buy or sell?

DRYS stock price: $5.23 0.00% At close on September 20th, 2019

Updated on:
September 20th, 2019

2

DryShips remained steady a neutral 0.00% and closed at $5.23.

DryShips Inc. owns and operates ocean going cargo vessels worldwide. It operates through two segments, Drybulk and Offshore Support.

Should I buy DryShips stock?

You can't be a successful trader if you don't follow a methodolgy or system that assist you in choosing companies and the correct market timing. That's why is so important to define your own trading strategy that matches with your character as inversor. At Stocks2.com, we like to use very simple but trusted and powerful trend following trading strategies. Simple things usually work the best.

Currently, DryShips stock doesn't match any of these trading strategies, so our recommendation is not to buy.

Buy setupElegible
New all-time highNo
New 52 week highNo
Price crossing up 200d MANo
100d MA crossing up 200d MANo
This is not a selling recommendation at all, just it's not the best moment to buy if you follow any of these trading strategies.

Is DryShips stock a buy?

Everyday, hundreds of stock ratings are posted by financial analysts to indicate a particular stock's attractiveness. Unfortunately, we couldn't find any rating for DRYS stock for the last 30 days.

DryShips stock analysis

Daily outlook

DryShips shares remained steady 0.00% to $5.23 today.

DryShips shares remained steady 0.00% to $5.23 today. Since price and SMA200d lines crossed up on August/19, DRYS climbed $1.40 (36.55%). DRYS shows a strong short term uptrend with several rising tops and rising bottoms. Since its last bottom on September/13, DRYS climbed unceasignly breaking out above its last top at 5.2. On August/22, SMA50d and SMA100d crossed up triggering a rise of 0.97%.

DRYS stock chart (daily)

Weekly outlook

Shares of DryShips remained steady a tight 0.00% this week. By mid August DRYS boosted an exceptional 25.92% in just one week. With this, it's been 5 climbing weeks in a row, soaring a 37.33%.

If you observe the weekly chart, price finally broke over the resistance at $4.42 and continued climbing. Since mid August when DRYS stock price broke up the SMA40w line, it gained $1.40 (36.55%).

DRYS stock chart (weekly)

DryShips stock price history

DryShips IPO was on November 14th, 2016 at $95,632.20 per share1. Since then, DRYS stock declined a -100.00%, with a yearly average of -50.00%.

1: Adjusted price after possible price splits or reverse-splits.

DryShips stock historical price chart

DRYS stock reached 52-week highs on January at $7.22, and all-time highs 2016-11-15 with a price of 672723.

DryShips stock price target

Nobody can reliably foresee how stock prices may evolve in the future. However, banks and other financial institutions analysts, with the help of lots of data and algorithms do their best to predict the stock prices movement. We do not recommend to follow these stock price predictions without a critical thinking from your side, as their accuracy is usually low. For the last month we have not found any price prediction for DryShips stock by any trusted analyst.

Financials and fundamental analysis

Earnings date and Earnings per Share

After presenting its last earnings report on February, DryShips . As soon as we get its posted EPS from the earnings report, we will update this report.
DRYS earnings date and EPS evolution
QuarterReporting dateEstimated EPSActual EPSSurprise
2017-Q1-n/a-168.69n/a
2017-Q2-n/a-36.66n/a
2017-Q32017-11-21n/an/an/a
2017-Q42018-02-27n/a-0.02n/a
2018-Q12018-05-08n/a0.01n/a
2018-Q22018-07-31n/a0.02n/a
2018-Q32018-10-29n/a0.17n/a
2018-Q42019-02-28n/a0.06n/a
2019-Q1-n/an/an/a
2019-Q2-n/an/an/a

Annual financial results

Compared to 2017, last anual turnover report draw an outstanding increase of 84.81% to $186.14 M dollars. Similarly, its income margin (compared to sales) climbed to 11.70%, that is $21.78 million.

DRYS annual Sales and Income evolution
YearSalesYoYIncome/(margin)YoY
2013$1,500 M-$-223.15 M-14.9%-
2014$2,186 M45.70%$-47.51 M-2.2%-78.71%
2015$970 M-55.62%$-2,847.06 M-293.6%5,892.30%
2016$52 M-94.65%$-198.69 M-382.6%-93.02%
2017$101 M93.93%$-42.54 M-42.2%-78.59%
2018$186 M84.81%$22 M11.7%-151.19%

Quarterly financial results

DryShips posted $49.26 million in revenues for 2018-Q4, a -0.61% decline compared to previous quarter. Reported quarter earnings marked $5.83 million with a profit margin of 11.83%. Profit margin plummed a -11.58% compared to previous quarter when profit margin was 23.41%. When comparing sales to same quarter last year, DryShips sales marked an exceptional gain and boosted a 15.66%.
DRYS quarterly Sales and Income evolution
QuarterSales1QoQ2Income1/(margin)QoQ2
2017-Q1$12 M-$-11 M-90.7%-
2017-Q2$16 M38.70%$-16 M-95.5%46.03%
2017-Q3$30 M82.75%$-18 M-60.1%14.97%
2017-Q4$43 M42.29%$2 M4.2%-109.95%
2018-Q1$44 M3.43%$1 M1.8%-56.79%
2018-Q2$43 M-1.81%$4 M8.3%362.61%
2018-Q3$50 M14.58%$12 M23.4%224.47%
2018-Q4$49 M-0.61%$6 M11.8%-49.77%

DryShips ownership

When you are planning to buy shares of a stock, it's always worth to have a look its ownership structure.

DryShips shares owned by insiders (that is, founders, CEO, CTO, main executives or other management staff) currently counts a 83.35% of all shares.

In case of DryShips stock, 0.77% of its shares are held by institutions (mutual funds, pension funds, big banks and other large financial institutions). Bearish positions for DRYS stock account 0.00%, no big difference from last month.

The following table compares ownership indicators for other stocks related to DryShips:

DRYSDSXEGLEESEAGASS
Market cap$454.4 M$327.5 M$0.0 M$7.8 M$123.4 M
Total shares86.9 M98.6 M0.0 M12.5 M40.1 M
Float shares14.5 M63.7 M0.0 M9.3 M24.6 M
  - Institutional holdings (%)0.8%43.2%0.0%18.9%61.1%
  - Insider holdings (%)83.4%20.2%0.0%47.5%16.3%
Shares in short selling0.0%0.0%0.0%0.0%0.0%

DryShips summary

Friday, September 20th, 2019
Open$5.23
Close$5.23
Day range$5.24 - $5.24
Previous close$5.23
Session gain0.00%
Average true range$0.02
50d mov avg$4.53
100d mov avg$4.14
200d mov avg$4.66
Daily patternlb03c
Weekly pattern lb01c

DryShips performance

Stocks performance is always measured in comparision to the market or competitors and related stocks in the same industry. We compared DryShips against Diana Shipping, Eagle Bulk Shipping, Euroseas, StealthGas, Star Bulk Carriers and Tsakos Energy Navigation in the following table:
Stock3m6m12m
DRYSDryShips41.73%10.57%-3.51%
DSXDiana Shipping2.79%22.06%-15.74%
EGLEEagle Bulk Shippi...-10.62%1.83%-21.20%
ESEAEuroseas5.08%-8.82%-57.24%
GASSStealthGas-4.35%-11.75%-14.44%
SBLKStar Bulk Carrier...21.55%55.17%-20.85%
TNPTsakos Energy Nav...-4.87%-4.56%-12.01%

DryShips competitors

We picked a few stocks to conform a list of DryShips competitors to check if you are interested in investing in DRYS: