Drive Shack Inc

Company Profile

Drive Shack Inc had its IPO on 2002-10-10 under the ticker symbol DS.

The company operates in the Consumer Cyclical sector and Hotels & Entertainment Services industry. Drive Shack Inc has a staff strength of 3,370 employees.

Stock update

Shares of Drive Shack Inc opened at $0.36 at the start of the last trading session i.e. 2023-09-12.

The stocks traded within a range of $0.35 - $0.39, and closed at $0.38.

This is a +10% increase from the previous day's closing price.

A total volume of 101,371 shares were traded at the close of the day’s session.

In the last one week, shares of Drive Shack Inc have increased by +7.94%.

Drive Shack Inc's Key Ratios

Drive Shack Inc has a market cap of $15.48 million, indicating a price to book ratio of 21.8416 and a price to sales ratio of 0.059.

In the last 12-months Drive Shack Inc’s revenue was $314.87 million with a gross profit of $46.79 million and an EBITDA of $6.90 million. The EBITDA ratio measures Drive Shack Inc's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, Drive Shack Inc’s operating margin was -6.24% while its return on assets stood at -2.61% with a return of equity of -324.2%.

In Q3, Drive Shack Inc’s quarterly earnings growth was a positive 0% while revenue growth was a positive 16.1%.

Drive Shack Inc’s PE and PEG Ratio

Forward PE

0

Trailing PE

0

PEG

1.18

Its diluted EPS in the last 12-months stands at $-0.488 per share while it has a forward price to earnings multiple of 0 and a PEG multiple of 1.18. A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Drive Shack Inc’s profitability.

Drive Shack Inc stock is trading at a EV to sales ratio of 1.0509 and a EV to EBITDA ratio of -62.6438. Its price to sales ratio in the trailing 12-months stood at 0.059.

Drive Shack Inc stock pays annual dividends of $0 per share, indicating a yield of 0% and a payout ratio of 0%.

Balance sheet and cash flow metrics

Total Assets

$455.69 million

Total Liabilities

$109.83 million

Operating Cash Flow

$-22029000.00

Capital Expenditure

$22.19 million

Dividend Payout Ratio

0%

Drive Shack Inc ended 2024 with $455.69 million in total assets and $0 in total liabilities. Its intangible assets were valued at $455.69 million while shareholder equity stood at $-15433000.00.

Drive Shack Inc ended 2024 with $0 in deferred long-term liabilities, $109.83 million in other current liabilities, 924000.00 in common stock, $-3308612000.00 in retained earnings and $0 in goodwill. Its cash balance stood at $11.66 million and cash and short-term investments were $13.70 million. The company’s total short-term debt was $4,847,000 while long-term debt stood at $51.17 million.

Drive Shack Inc’s total current assets stands at $59.02 million while long-term investments were $0 and short-term investments were $2.04 million. Its net receivables were $5.85 million compared to accounts payable of $40.42 million and inventory worth $2.92 million.

In 2024, Drive Shack Inc's operating cash flow was $-22029000.00 while its capital expenditure stood at $22.19 million.

Comparatively, Drive Shack Inc paid $0 in dividends in 2024.

Other key metrics

Current Trading Price

$0.38

52-Week High

$1.97

52-Week Low

$0.15

Analyst Target Price

$2

Drive Shack Inc stock is currently trading at $0.38 per share. It touched a 52-week high of $1.97 and a 52-week low of $1.97. Analysts tracking the stock have a 12-month average target price of $2.

Its 50-day moving average was $0.3 and 200-day moving average was $0.83 The short ratio stood at 1.03 indicating a short percent outstanding of 0%.

Around 1642.7% of the company’s stock are held by insiders while 3050.4% are held by institutions.