Dryships (DRYS): more good times to come?

12:50 pm ET, 14 Jun 2018

Dryships (NASDAQ: DRYS) stock is up 13% mid-day today.  What's happening with the stock, and what's the DRYS stock price forecast?

Here is the macro landscape.  The demand for coal shipments is growing exponentially.  Coal is the second largest demand source for dry bulk shipping, representing 25% of all cargoes.

At the end of last month, Dryships announced that it agreed to acquire a Newcastlemax drybulk carrier and a Suezmax tanker (both constructed in China).  The vessels will be acquired for an aggregate price of $94 million.  To put this in perspective, DRYS market cap is $400 million.  The acquisition of Newcastlemax drybulk carrier and a Suezmax tanker was approved by the Company's board of directors and is expected to close this June.

The sentiment analysis points to a very strong short-, medium- and long-term outlook for the stock.   See details of the sentiment analysis below.

 The stock's short interest ratio is 0.64, which is relatively low and below the sector and industry averages.  You can find out the latest short interest ratio on Finstead.com --just search for "DRYS short interest".  

Over the last year, DRYS returned +186.03%. This return is higher than Shipping sector (9.30%), Services industry (15.57%), and S&P 500 (13.85%) returns.

For those of you not in the know, DryShips is a provider of dry bulk commodities transportation services for the steel, electric utility, construction and agri-food industries. It operates through the dry bulk carrier and offshore support services divisions.  The company owns a fleet of Panamax dry bulk vessels, Newcastlemax dry bulk vessels, Aframax tankers and gas carriers.

Disclaimer: The news article above expresses the author’s opinion about the topic of the article. We strongly advise you not to base your investment decisions just on this article alone. If you’d like to become a writer for Finny Bites, please send us an email at hi@askfinny.com.

DryShips Inc. (DRYS) Stock Guide

Updated at: 9:00 am ET, 16 May 2020

Before we start: if you're looking for DRYS stock price, you can quickly find it out by visiting Finny and typing "DRYS quote". If you're looking for a quick scoop on DRYS stock (chart, price target, market cap, news and buy or sell analysis), go to Finny and look for "DRYS". You'll get all this info in one place. Or you can just type "DRYS news" to get the latest stock news.

Looking to buy or sell DryShips Inc. (DRYS)? Interested in getting the full scoop on DRYS, including earnings and dividends, stock forecast, buy or sell analysis and key stats? If so, you came to the right place.

In this DRYS stock guide, we'll address key questions about DRYS, above and beyond what you can find on Yahoo Finance, Zacks, MarketWatch or Morningstar.

Here is what you'll be able to find in this guide:

Analysis: Finny Score and buy or sell analysis;
Key Stats: revenue, market cap, revenue growth, profit margin, P/E ratio, P/B ratio, industry, sector, and number of employees.

And here is the list of questions we'll answer:
1. DRYS buy or sell? What is DRYS Finny Score?
2. What are the reasons to buy DRYS? Why should I buy DRYS stock?
3. What are the reasons to sell DRYS? Why should I sell DRYS stock?
4. What are DRYS key stats: revenue, market cap, revenue growth, profit margin, P/E ratio, P/B ratio industry, sector, and number of employees?

So let's start. Scroll down to the question that interests you the most.

Analysis

1. DRYS buy or sell? What is DRYS Finny Score?

#{finnyScore:null}Our quantitative analysis shows 1 reason to buy and 1 reason to sell DRYS. DRYS doesn’t have an assigned Finny Score, because we don’t have sufficient data points to score the stock.

2. What are the reasons to buy DRYS? Why should I buy DRYS stock?

Here are the reasons to buy DRYS stock:

  • DRYS profitability is improving. The YoY profit margin change was 51.16 percentage points. See DRYS profitability chart.

3. What are the reasons to sell DRYS? Why should I sell DRYS stock?

Let's look at the reasons to sell DRYS stock (i.e., the bear case):

  • DRYS stock price ($5.24) is close to the 52-week high ($5.25). Perhaps now is a good time to sell? See DRYS price chart.

Key Stats

4. What are DRYS key stats : revenue, market cap, revenue growth, profit margin, P/E ratio, P/B ratio industry, sector, and number of employees?

Let's look at the key statistics for DRYS:

Metrics DRYS
Price $5.25
Average Price Target / Upside N/A
Average Analyst Rating N/A
Forward Dividend Yield 0.00%
Industry Shipping & Ports
Sector Industrials
Number of Employees 437
Market Cap $00
Forward P/E Ratio N/A
Price/Book Ratio N/A
Revenue (TTM) N/A
YoY Quarterly Revenue Growth N/A
Profit Margin N/A

If you liked this analysis, check out Stock Guides for other stocks.

Disclaimer: The news article above expresses the author’s opinion about the topic of the article. We strongly advise you not to base your investment decisions just on this article alone. If you’d like to become a writer for Finny Bites, please send us an email at hi@askfinny.com.

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