DryShips stock: buy or sell?
September 20th, 2019
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.
|New all-time high||No|
|New 52 week high||No|
|Price crossing up 200d MA||No|
|100d MA crossing up 200d MA||No|
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
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%.
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%).
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 targetNobody 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 ShareAfter 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.
|Quarter||Reporting date||Estimated EPS||Actual EPS||Surprise|
Annual financial resultsCompared 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.
|2013||$1,500 M||-||$-223.15 M-14.9%||-|
|2014||$2,186 M||45.70%||$-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||$101 M||93.93%||$-42.54 M-42.2%||-78.59%|
|2018||$186 M||84.81%||$22 M11.7%||-151.19%|
Quarterly financial resultsDryShips 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%.
|2017-Q1||$12 M||-||$-11 M-90.7%||-|
|2017-Q2||$16 M||38.70%||$-16 M-95.5%||46.03%|
|2017-Q3||$30 M||82.75%||$-18 M-60.1%||14.97%|
|2017-Q4||$43 M||42.29%||$2 M4.2%||-109.95%|
|2018-Q1||$44 M||3.43%||$1 M1.8%||-56.79%|
|2018-Q2||$43 M||-1.81%||$4 M8.3%||362.61%|
|2018-Q3||$50 M||14.58%||$12 M23.4%||224.47%|
|2018-Q4||$49 M||-0.61%||$6 M11.8%||-49.77%|
DryShips ownershipWhen 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:
|Market cap||$454.4 M||$327.5 M||$0.0 M||$7.8 M||$123.4 M|
|Total shares||86.9 M||98.6 M||0.0 M||12.5 M||40.1 M|
|Float shares||14.5 M||63.7 M||0.0 M||9.3 M||24.6 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 selling||0.0%||0.0%||0.0%||0.0%||0.0%|
|Friday, September 20th, 2019|
|Day range||$5.24 - $5.24|
|Average true range||$0.02|
|50d mov avg||$4.53|
|100d mov avg||$4.14|
|200d mov avg||$4.66|
DryShips performanceStocks 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:
|EGLEEagle Bulk Shippi...||-10.62%||1.83%||-21.20%|
|SBLKStar Bulk Carrier...||21.55%||55.17%||-20.85%|
|TNPTsakos Energy Nav...||-4.87%||-4.56%||-12.01%|