DryShips stock: buy or sell?

DRYS stock price: $5.24 -0.19% At close on October 10th, 2019

Updated on:
October 10th, 2019

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After climbing for 4 days, October DryShips remained steady a neutral -0.19%, closing at $5.24.

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

Should I buy DryShips stock?

Make a decision about when to buy or sell stocks is one of the hardest parts of being a trader or investor. Trading strategies are meant for helping you in the decision process of what stocks to choose and when is the best time to buy them. There are thousands of trading strategies for you to choose, but at Stocks2.com we prefer those that are simple but successful.

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 doesn't mean DRYS will fall in coming sessions, or it will not rise higher. Simply, it doesn't match our recommended trading systems.

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

After climbing for 4 days, October DryShips remained steady a neutral -0.19%, closing at $5.24.

After climbing for 4 days, October DryShips remained steady a neutral -0.19%, closing at $5.24. Since price and SMA200d lines crossed up on August, DRYS climbed $1.41 (36.81%). DRYS shows a strong short term uptrend with several rising tops and rising bottoms. Since its last bottom on September, DRYS climbed unceasignly breaking out above its last top at 5.2. Since SMA50d and SMA100d crossed up on August, DRYS price climbed $0.06 per share (1.16%).

DRYS stock chart (daily)

Weekly outlook

After climbing for 4 weeks, early October DryShips remained stable a neutral -0.19%, closing at $5.24. By mid August DRYS climbed an exceptional 25.92% in just one week.

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 $1.41 (36.81%).

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 lost a -100.00%, with a yearly average of -33.30%.

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

Predicting the price evolution of a stock or any financial instrument in a reliable and repeatable way is probably impossible. However, many stock price predictions are published every day by banks, financial institutions and independent analysts. The accuracy of these stock price predictions is not very high, and you should not blindly believe and make decisions only based on what this ratings or price target predictions say. For the last 30 days we have not detected any price forecast for DryShips stock by any trusted analyst.

Financials and fundamental analysis

Earnings date and Earnings per Share

After posting its last earnings report on February, DryShips . As soon as we get its posted EPS from the earnings report, we will extend 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

In 2018, DryShips annual revenues boosted a super good 84.81% to $186.14 M dollars from $100.72 marked in 2017. In line, its income margin (compared to revenues) rocketed 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 reported $49.26 million in sales for 2018-Q4, a -0.61% decline compared to previous quarter. Reported quarter earnings marked $5.83 M with a profit margin of 11.83%. Profit margin plunged a -11.58% compared to previous quarter when profit margin was 23.41%. When comparing turnover to same quarter last year, DryShips sales marked an outstanding increase and skyrocketed 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 company, it's always worth to review its ownership structure.

Management staff in all public traded companies that hold equity is required to report every transaction to the SEC. For DryShips, of all outstanding shares are owned by its staff.

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

DRYS
Market cap$0.0 M
Total shares0.0 M
Float shares0.0 M
  - Institutional holdings (%)0.0%
  - Insider holdings (%)0.0%
Shares in short selling0.0%

DryShips summary

Thursday, October 10th, 2019
Open$5.24
Close$5.24
Day range$5.24 - $5.25
Previous close$5.25
Session gain-0.19%
Average true range$0.01
50d mov avg$4.87
100d mov avg$4.32
200d mov avg$4.63
Daily patternlb03c
Weekly pattern lb01c

DryShips performance

To measure stock performance is always good to compare with competitors or related stocks. We compared DryShips against in the following table:
Stock3m6m12m
DRYSDryShips25.36%17.75%6.50%

DryShips competitors

Unfortunately, we could not find any public company that could be defined as DryShips competitor. This doesn't mean DryShips does not have any competitor in the market, it's just we could not detected it.