DURECT Corporation (DRRX)

NASDAQ: DRRX · IEX Real-Time Price · USD
-0.001 (-0.15%)
At close: Nov 27, 2023, 4:00 PM
-0.021 (-3.11%)
Pre-market: Nov 28, 2023, 4:58 AM EST

Total Valuation

DURECT has a market cap or net worth of $19.66 million. The enterprise value is $3.83 million.

Market Cap 19.66M
Enterprise Value 3.83M

Important Dates

The last earnings date was Monday, November 13, 2023, after market close.

Earnings Date Nov 13, 2023
Ex-Dividend Date n/a

Share Statistics

DURECT has 29.83 million shares outstanding. The number of shares has increased by 20.78% in one year.

Shares Outstanding 29.83M
Shares Change (YoY) +20.78%
Shares Change (QoQ) +12.25%
Owned by Insiders (%) 1.32%
Owned by Institutions (%) 37.41%
Float 26.82M

Valuation Ratios

PE Ratio n/a
Forward PE n/a
PS Ratio 2.14
Forward PS 0.94
PB Ratio 1.36
P/FCF Ratio n/a
PEG Ratio n/a
Financial Ratio History

Enterprise Valuation

EV / Earnings n/a
EV / Sales 0.42
EV / EBIT n/a
EV / FCF n/a

Financial Position

The company has a current ratio of 1.19, with a Debt / Equity ratio of 1.61.

Current Ratio 1.19
Quick Ratio 1.08
Debt / Equity 1.61
Debt / EBITDA n/a
Debt / FCF n/a
Interest Coverage -11.96

Financial Efficiency

Return on equity (ROE) is -243.40% and return on invested capital (ROIC) is -112.16%.

Return on Equity (ROE) -243.40%
Return on Assets (ROA) -66.10%
Return on Capital (ROIC) -112.16%
Revenue Per Employee $127,694
Profits Per Employee -$509,056
Employee Count 72
Asset Turnover 0.17
Inventory Turnover 0.66


Income Tax n/a
Effective Tax Rate n/a

Stock Price Statistics

The stock price has decreased by -85.73% in the last 52 weeks. The beta is 1.50, so DURECT's price volatility has been higher than the market average.

Beta (1Y) 1.50
52-Week Price Change -85.73%
50-Day Moving Average 2.06
200-Day Moving Average 3.87
Relative Strength Index (RSI) 27.07
Average Volume (30 Days) 734,349

Short Selling Information

The latest short interest is 3.85 million, so 12.90% of the outstanding shares have been sold short.

Short Interest 3.85M
Short Previous Month 2.96M
Short % of Shares Out 12.90%
Short % of Float 14.34%
Short Ratio (days to cover) 10.36

Income Statement

In the last 12 months, DURECT had revenue of $9.19 million and -$36.65 million in losses. Loss per share was -$1.57.

Revenue 9.19M
Gross Profit 7.62M
Operating Income -42.13M
Pretax Income -36.65M
Net Income -36.65M
EBITDA -33.66M
EBIT -33.82M
Loss Per Share -$1.57
Full Income Statement

Balance Sheet

The company has $38.99 million in cash and $23.15 million in debt, giving a net cash position of $15.83 million or $0.53 per share.

Cash & Cash Equivalents 38.99M
Total Debt 23.15M
Net Cash 15.83M
Net Cash Per Share $0.53
Equity / Book Value 14.41M
Book Value Per Share 0.48
Working Capital 7.03M
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was -$34.50 million and capital expenditures -$70,000, giving a free cash flow of -$34.57 million.

Operating Cash Flow -34.50M
Capital Expenditures -70,000
Free Cash Flow -34.57M
FCF Per Share -$1.27
Full Cash Flow Statement


Gross margin is 82.88%, with operating and profit margins of -458.21% and -398.65%.

Gross Margin 82.88%
Operating Margin -458.21%
Pretax Margin -398.65%
Profit Margin -398.65%
EBITDA Margin -366.10%
EBIT Margin -367.88%
FCF Margin -376.01%

Dividends & Yields

DURECT does not appear to pay any dividends at this time.

Dividend Per Share n/a
Dividend Yield n/a
Earnings Yield -186.46%
FCF Yield -175.86%
Dividend Growth (YoY) n/a
Payout Ratio n/a
Buyback Yield -20.78%
Shareholder Yield -20.78%

Analyst Forecast

The average price target for DURECT is $36.50, which is 5,438.70% higher than the current price. The consensus rating is "Buy".

Price Target $36.50
Price Target Difference 5,438.70%
Analyst Consensus Buy
Analyst Count 4
Revenue Growth Forecast (5Y) 92.96%
EPS Growth Forecast (5Y) n/a
Stock Forecasts

Stock Splits

The last stock split was on December 6, 2022. It was a reverse split with a ratio of 1:10.

Last Split Date Dec 6, 2022
Split Type Reverse
Split Ratio 1:10


DURECT has an Altman Z-Score of -16.46 and a Piotroski F-Score of 2. A Z-score under 3 suggests an increased risk of bankruptcy.

Altman Z-Score -16.46
Piotroski F-Score 2