Is Durect Stock a Good Investment?
Durect Investment Advice | DRRX |
- Examine Durect's financial health by looking at its balance sheet, income statement, and cash flow statement. Analyze key financial ratios, such as Price-to-Earnings (P/E), Price-to-Sales (P/S), and Price-to-Book (P/B), to determine whether the stock is fairly valued or over/undervalued.
- Research Durect's leadership team and their track record. Good management can help Durect navigate difficult times and make strategic decisions that benefit shareholders and increases its net worth.
- Consider the overall health of the Pharmaceuticals space and any emerging trends that could impact Durect's business and its evolving consumer preferences.
- Compare Durect's performance and market position to its competitors. Analyze how Durect is positioned in terms of product offerings, innovation, and market share.
- Check if Durect pays a dividend and its dividend yield and payout ratio.
- Review what financial analysts are saying about Durect's stock and their price targets. However, remember that analysts' opinions can vary, and their predictions may not always be accurate.
It's important to note that investing in Durect stock, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember that it's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. Below is a detailed guide on how to decide if Durect is a good investment.
Sell | Buy |
Strong Sell
Market Performance | Very Weak | Details | |
Volatility | Slightly risky | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Undervalued | Details | |
Odds Of Distress | High | Details | |
Economic Sensitivity | Slowly supersedes the market | Details | |
Investor Sentiment | Interested | Details | |
Analyst Consensus | Strong Buy | Details | |
Financial Strenth (F Score) | Frail | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
Examine Durect Stock
Researching Durect's stock involves analyzing various aspects of the company and its industry to make an informed investment decision. The key areas to focus on are fundamentals, business model and competitive advantage. It is also important to analyze trends in revenue, net income, and cash flow, as well as key financial ratios, such as price-to-earnings (P/E), price-to-sales (P/S), and debt-to-equity (D/E). About 23.0% of the company shares are held by institutions such as insurance companies. The company recorded a loss per share of 0.64. Durect had not issued any dividends in recent years. The entity had 1:10 split on the 6th of December 2022.
To determine if Durect is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding Durect's research are outlined below:
| Durect generated a negative expected return over the last 90 days | |
| Durect has some characteristics of a very speculative penny stock | |
| Durect has high historical volatility and very poor performance | |
| Durect has a very high chance of going through financial distress in the upcoming years | |
| The company reported the previous year's revenue of 8.55 M. Net Loss for the year was (27.62 M) with profit before overhead, payroll, taxes, and interest of 16.48 M. | |
| Durect currently holds about 51.89 M in cash with (34.41 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.23. | |
| Durect has a frail financial position based on the latest SEC disclosures | |
| Latest headline from thelincolnianonline.com: DURECT Given Neutral Rating at HC Wainwright |
Durect Quarterly Cash And Short Term Investments |
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Durect uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in Durect. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Durect's previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
| 5th of March 2024 Upcoming Quarterly Report | View | |
| 13th of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 5th of March 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 31st of December 2022 Last Financial Announcement | View |
Earnings surprises can significantly impact Durect's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate. Below are the table of largest EPS Surprises Durect's investors have experienced.
| Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
|---|---|---|---|---|---|---|---|
2024-11-11 | 2024-09-30 | -0.17 | -0.14 | 0.03 | 17 | ||
2024-05-13 | 2024-03-31 | -0.22 | -0.25 | -0.03 | 13 | ||
2020-03-03 | 2019-12-31 | -0.16 | -0.2 | -0.04 | 25 | ||
2024-08-13 | 2024-06-30 | -0.17 | -0.12 | 0.05 | 29 | ||
2019-08-01 | 2019-06-30 | -0.45 | -0.4 | 0.05 | 11 | ||
2012-11-05 | 2012-09-30 | -0.45 | -0.5 | -0.05 | 11 | ||
2012-08-06 | 2012-06-30 | -0.45 | -0.5 | -0.05 | 11 | ||
2023-05-08 | 2023-03-31 | -0.53 | -0.47 | 0.06 | 11 |
Know Durect's Top Institutional Investors
Have you ever been surprised when a price of an equity instrument such as Durect is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Durect backward and forwards among themselves. Durect's institutional investor refers to the entity that pools money to purchase Durect's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| Shares | Accredited Investors Inc | 2024-09-30 | 87.6 K | Citadel Advisors Llc | 2024-09-30 | 74.7 K | Northern Trust Corp | 2024-09-30 | 50.3 K | Silverberg Bernstein Capital Management Llc | 2024-09-30 | 46.8 K | Gsa Capital Partners Llp | 2024-09-30 | 41.8 K | Tocqueville Asset Management L.p. | 2024-09-30 | 28.9 K | International Assets Investment Management, Llc | 2024-09-30 | 27.2 K | Raymond James & Associates | 2024-09-30 | 22.3 K | Actinver Wealth Management Inc. | 2024-09-30 | 21.3 K | Ingalls & Snyder Llc | 2024-09-30 | 2 M | Vanguard Group Inc | 2024-09-30 | 1.1 M |
Durect's market capitalization trends
The company currently falls under 'Micro-Cap' category with a current market capitalization of 31.35 M.Market Cap |
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Durect's profitablity analysis
| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | (0.71) | (0.74) | |
| Return On Capital Employed | (2.03) | (1.93) | |
| Return On Assets | (0.61) | (0.64) | |
| Return On Equity | (1.87) | (1.96) |
Determining Durect's profitability involves analyzing its financial statements and using various financial metrics to determine if Durect is a good buy. For example, gross profit margin measures Durect's profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of Durect's profitability and make more informed investment decisions.
Please note, the imprecision that can be found in Durect's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Durect. Check Durect's Beneish M Score to see the likelihood of Durect's management manipulating its earnings.
Evaluate Durect's management efficiency
Durect has return on total asset (ROA) of (0.397) % which means that it has lost $0.397 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of (2.9988) %, meaning that it created substantial loss on money invested by shareholders. Durect's management efficiency ratios could be used to measure how well Durect manages its routine affairs as well as how well it operates its assets and liabilities. Return On Tangible Assets is likely to drop to -0.74 in 2024. Return On Capital Employed is likely to rise to -1.93 in 2024. At this time, Durect's Total Assets are fairly stable compared to the past year. Non Current Assets Total is likely to rise to about 13.2 M in 2024, whereas Non Currrent Assets Other are likely to drop slightly above 121.6 K in 2024.| Last Reported | Projected for Next Year | ||
| Book Value Per Share | 0.56 | 0.53 | |
| Tangible Book Value Per Share | 0.33 | 0.31 | |
| Enterprise Value Over EBITDA | (0.32) | (0.33) | |
| Price Book Value Ratio | 1.05 | 1.00 | |
| Enterprise Value Multiple | (0.32) | (0.33) | |
| Price Fair Value | 1.05 | 1.00 | |
| Enterprise Value | 142.8 M | 171 M |
The strategic initiatives led by Durect's management are central to its market success. By analyzing these initiatives, we provide a clear picture of the stock's growth prospects.
Beta 1.133 |
Basic technical analysis of Durect Stock
As of the 24th of November, Durect shows the Variance of 23.37, standard deviation of 4.83, and Mean Deviation of 3.59. Durect technical analysis allows you to utilize historical prices and volume patterns in order to determine a pattern that computes the direction of the firm's future prices.Durect's insider trading activities
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Durect insiders, such as employees or executives, is commonly permitted as long as it does not rely on Durect's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Durect insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
Brown James E over a month ago Acquisition by Brown James E of 375000 shares of Durect at 1.3 subject to Rule 16b-3 | ||
Azab Mohammad over three months ago Acquisition by Azab Mohammad of 5500 shares of Durect at 5.29 subject to Rule 16b-3 | ||
Papp Timothy M. over three months ago Acquisition by Papp Timothy M. of 600000 shares of Durect subject to Rule 16b-3 | ||
Papp Timothy M. over three months ago Acquisition by Papp Timothy M. of 275000 shares of Durect subject to Rule 16b-3 | ||
Judith Robertson over six months ago Acquisition by Judith Robertson of 5500 shares of Durect at 5.29 subject to Rule 16b-3 | ||
Gail Farfel over six months ago Acquisition by Gail Farfel of 5500 shares of Durect at 5.29 subject to Rule 16b-3 |
Durect's Outstanding Corporate Bonds
Durect issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Durect uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Durect bonds can be classified according to their maturity, which is the date when Durect has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
| Dana 575 percent Corp BondUS235822AB96 | View | |
| Volcan Compania Minera Corp BondUSP98047AC08 | View | |
| Boeing Co 2196 Corp BondUS097023DG73 | View | |
| HSBC Holdings PLC Corp BondUS404280DR76 | View | |
| MPLX LP 4875 Corp BondUS55336VAG59 | View | |
| MPLX LP 4125 Corp BondUS55336VAK61 | View | |
| MPLX LP 52 Corp BondUS55336VAL45 | View | |
| International Game Technology Corp BondUS460599AD57 | View |
Understand Durect's technical and predictive indicators
Using predictive indicators to make investment decisions involves analyzing Durect's various financial and market-based factors to help forecast future trends and identify investment opportunities. Select the indicators that are most relevant to your investment strategy. Each indicator has its own strengths and weaknesses, so it's essential to combine multiple indicators to get a more comprehensive view of the market and reduce the risk of making poor decisions based on limited data.
| Risk Adjusted Performance | (0.04) | |||
| Market Risk Adjusted Performance | (1.39) | |||
| Mean Deviation | 3.59 | |||
| Coefficient Of Variation | (1,439) | |||
| Standard Deviation | 4.83 | |||
| Variance | 23.37 | |||
| Information Ratio | (0.1) | |||
| Jensen Alpha | (0.38) | |||
| Total Risk Alpha | (1.11) | |||
| Treynor Ratio | (1.40) | |||
| Maximum Drawdown | 18.73 | |||
| Value At Risk | (8.16) | |||
| Potential Upside | 8.33 | |||
| Skewness | 0.602 | |||
| Kurtosis | 1.9 |
| Risk Adjusted Performance | (0.04) | |||
| Market Risk Adjusted Performance | (1.39) | |||
| Mean Deviation | 3.59 | |||
| Coefficient Of Variation | (1,439) | |||
| Standard Deviation | 4.83 | |||
| Variance | 23.37 | |||
| Information Ratio | (0.1) | |||
| Jensen Alpha | (0.38) | |||
| Total Risk Alpha | (1.11) | |||
| Treynor Ratio | (1.40) | |||
| Maximum Drawdown | 18.73 | |||
| Value At Risk | (8.16) | |||
| Potential Upside | 8.33 | |||
| Skewness | 0.602 | |||
| Kurtosis | 1.9 |
Consider Durect's intraday indicators
Durect intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Durect stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
Durect time-series forecasting models is one of many Durect's stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Durect's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.
Durect Stock media impact
Far too much social signal, news, headlines, and media speculation about Durect that are available to investors today. That information is available publicly through Durect media outlets and privately through word of mouth or via Durect internal channels. However, regardless of the origin, that massive amount of Durect data is challenging to quantify into actionable patterns, especially for investors that are not very sophisticated with ever-evolving tools and techniques used in the investment management field.
A primary focus of Durect news analysis is to determine if its current price reflects all relevant headlines and social signals impacting the current market conditions. A news analyst typically looks at the history of Durect relative headlines and hype rather than examining external drivers such as technical or fundamental data. It is believed that price action tends to repeat itself due to investors' collective, patterned thinking related to Durect's headlines and news coverage data. This data is often completely overlooked or insufficiently analyzed for actionable insights to drive Durect alpha.
Durect Sentiment by Major News Outlets
Investor sentiment, mood or attitude towards Durect can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.
Durect Corporate Management
| James DVM | CEO, CoFounder | Profile | |
| Jian MBA | Corporate Finance | Profile | |
| Su Yum | Executive Officer | Profile | |
| Norman MD | Chief Officer | Profile | |
| Keith MBA | Commercial Development | Profile | |
| Andrew Miksztal | VP Scientist | Profile |
Additional Tools for Durect Stock Analysis
When running Durect's price analysis, check to measure Durect's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Durect is operating at the current time. Most of Durect's value examination focuses on studying past and present price action to predict the probability of Durect's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Durect's price. Additionally, you may evaluate how the addition of Durect to your portfolios can decrease your overall portfolio volatility.