Dril-Quip, Inc. DRQ
Day range unavailable
52-week range unavailable
- Market cap
- 530.91M
- Revenue (ttm)
- 474.23M
- Profit margin
- -5.69%
- Shares out
- 34.45M
- Forward P/E
- 20.01
- Beta
- 0.84
- Analysts
- Hold
- Price target
- 28.33 (+83.8%)
- Earnings date
- Oct 24, 2024
Key statistics
- Enterprise value
- 378.87M
- PEG ratio
- 1.22
- Price / sales
- 1.12
- Price / book
- 0.62
- Dividend yield
- 0.00%
- Payout ratio
- 0.00%
- Revenue growth
- 34.30%
- Free cash flow
- 35.06M
- Total cash
- 185.63M
- Total debt
- 17.40M
- Return on equity
- -3.12%
- Short % of float
- 5.58%
- 50-day average
- 16.32
- 200-day average
- 19.73
Analyst view
Consensus: hold
- Target (low)
- 21.00
- Target (mean)
- 28.33
- Target (high)
- 40.00
- Strong buy1
- Buy2
- Hold12
- Sell1
- Strong sell0
Next earnings
Oct 24, 2024
Expected Oct 24, 2024. Consensus EPS estimate 0.25.
Financials — quick view
Earnings
| Report date | Quarter ending | EPS estimate | EPS reported | Surprise | Surprise % |
|---|---|---|---|---|---|
| Oct 24, 2024 | Sep 1, 2024 | 0.00 | — | — | — |
| Aug 1, 2024 | Jun 1, 2024 | 0.00 | — | — | — |
| May 2, 2024 | Mar 1, 2024 | 0.00 | — | — | — |
| Feb 26, 2024 | Dec 1, 2023 | 0.11 | — | — | — |
| Oct 26, 2023 | Sep 1, 2023 | 0.08 | — | — | — |
| Jul 31, 2023 | Jun 1, 2023 | 0.04 | — | — | — |
Upgrades / downgrades
| Date | Firm | Action | From | To |
|---|---|---|---|---|
| Aug 2, 2023 | Barclays | main | Underweight | Underweight |
| May 11, 2023 | Barclays | main | Underweight | Underweight |
| Mar 1, 2023 | Barclays | main | — | Underweight |
| Mar 13, 2022 | Tudor Pickering | down | Buy | Hold |
| Nov 2, 2021 | Barclays | main | — | Underweight |
| Mar 31, 2021 | BTIG | init | — | Neutral |
About Dril-Quip, Inc.
Dril-Quip, Inc., together with its subsidiaries, designs, manufactures, sells, and services engineered drilling and production equipment for offshore and onshore applications worldwide. The company's principal products include subsea and surface wellheads, specialty connectors and associated pipes, subsea production trees and systems, mudline hanger systems, production riser systems, dry tree systems, subsea manifolds, line hangers and expandable liner systems, multi-frac well connections, conventional wellheads, thermal wellheads, completion packers, and safety and kelly valves; and rig equipment comprises drilling riser systems, wellhead connectors, diverters, and cement manifolds. It also provides technical advisory assistance, and rework and reconditioning services, as well as rental and purchase of running tools for use in the installation and retrieval of its products; equipment installation and monitoring, storage, maintenance, and repair services; and downhole tools comprise of liner hangers, production packers, safety valves, and specialty downhole tools that are used to hang-off and seal casing into a previously installed casing string in the well bore. The company's products are used in the exploration and production of oil and gas from offshore drilling rigs, such as floating rigs and jack-up rigs; and for drilling and production of oil and gas wells on offshore platforms, tension leg platforms, Spars, and moored vessels, such as floating production, storage, and offloading monohull moored vessels. It sells its products directly through its sales personnel, independent sales agents, and representatives to integrated, independent, and foreign national oil and gas companies, as well as drilling and other oilfield contractors, and engineering and construction companies. Dril-Quip, Inc. was founded in 1981 and is headquartered in Houston, Texas.
- Sector
- Energy
- Industry
- Oil & Gas Equipment & Services
- Country
- United States
- Website
- dril-quip.com
News
Brandes Investment Partners, LP Exits Position in Dril-Quip Inc
Dril-Quip Inc (DRQ) Trading 3.32% Higher on Oct 2
The Schall Law Firm Is Looking Into Whether Dril-Quip, Inc. Violated Securities Regulations And Shareholders Are Urged To Assist
The Schall Law Firm Invites Investors To Participate In An Investigation Into Dril-Quip Inc For Possible Fraud
Innovex and Dril-Quip Complete Merger, Creating Unique Energy Industrial Platform
Dril-Quip, Inc. May Have Violated Securities Regulations And Shareholders Are Encouraged To Join The Schall Law Firm's Inquiry
The Schall Law Firm Is Looking Into Whether Dril-Quip Inc Committed Securities Fraud And Affected Investors Can Reach Out
Dril-Quip Inc. May Have Violated Securities Regulations And Shareholders Should Join The Schall Law Firm's Investigation
Dril-Quip Urges Stockholders to Vote “FOR” Merger with Innovex TODAY
The Schall Law Firm Invites Investors In Dril-Quip Inc To Reach Out About An Inquiry Into Whether The Company Committed Securities Fraud
Your note
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Insider holders
| Insider | Relation | Latest transaction | Date | Shares held |
|---|---|---|---|---|
| BIRD JEFFREY J | Chief Executive Officer | Sale | Mar 31, 2024 | 155,327 |
| JUPP TERENCE BARTLETT | Director | Stock Award(Grant) | Jun 30, 2024 | 68,675 |
| LOCKHART CARRI A | Director | Stock Award(Grant) | Jun 30, 2024 | 24,535 |
| LOVOI JOHN V | Director | Stock Award(Grant) | Jun 30, 2024 | 80,379 |
| MCCLURE KYLE | Chief Financial Officer | Sale | Mar 31, 2024 | 67,005 |
| NEWMAN STEVEN LEON | Director | Stock Award(Grant) | Mar 31, 2024 | 63,547 |
Institution ownership
| Holder | % held | Shares | Value | Reported |
|---|---|---|---|---|
| Blackrock Inc. | 16.15% | 5,519,422 | 128.44M | Jun 29, 2023 |
| Vanguard Group Inc | 11.44% | 3,908,203 | 90.94M | Jun 29, 2023 |
| Dimensional Fund Advisors LP | 5.72% | 1,954,358 | 45.48M | Jun 29, 2023 |
| Gamco Investors Inc | 5.72% | 1,955,043 | 45.49M | Jun 29, 2023 |
| Kayne Anderson Rudnick Investment Management LLC | 5.36% | 1,831,846 | 42.63M | Jun 29, 2023 |
| Brandes Investment Partners L.P. | 4.72% | 1,612,533 | 37.52M | Jun 29, 2023 |
Fund ownership
| Holder | % held | Shares | Value | Reported |
|---|---|---|---|---|
| iShares Core S&P Smallcap ETF | 6.75% | 2,307,393 | 65.00M | Sep 29, 2023 |
| Vanguard Total Stock Market Index Fund | 3.18% | 1,087,564 | 25.31M | Jun 29, 2023 |
| Vanguard Small-Cap Index Fund | 2.58% | 882,307 | 20.53M | Jun 29, 2023 |
| iShares Russell 2000 ETF | 2.29% | 781,826 | 21.56M | Aug 30, 2023 |
| EQ Advisors Trust-1290 VT Gamco Small Company Value Port | 1.64% | 560,000 | 13.03M | Jun 29, 2023 |
| VanEck ETF Trust-VanEck Oil Services ETF | 1.60% | 547,923 | 15.43M | Sep 29, 2023 |
