Number of Analysts: 16
Average Recommendation: Hold
Stock Price/Earnings Ratio vs. Industry's: 107.65%Market Cap: $1.3 billion Trailing Twelve-Month Operating Margin: 36.4% Trailing Twelve-Month Revenue: $819.8 million What's to Like About DryShips Stock: "DryShips specializes in the supply and movement of deepwater drilling equipment. With the moratorium in the Gulf of Mexico there are a number of rigs being moved currently to the west coast of Africa and towards the east coast of Brazil. This activity is not currently reflected in estimates for the company and should result in earnings surprises for the next couple of quarters," Huntington's Sorrentino noted in September. "In addition, the demand for dry bulk shipping of grains and minerals will be stronger than initially forecast due to both weather and industrial production issues." Sorrentino said DryShips is in a position where, if the Baltic Dry shipping rates tick up on better economic data, it will take off.