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Drilling Tools International Corporation DTI

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Price alert · DTI

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1.61 USD -0.11 -6.69%

At close · Oct 30

1.62 +0.02 +0.93%

After hours · Oct 30, 6:40 PM ET

Bid
1.60 × 1
Ask
1.61 × 5
1.58 Day range 1.73
1.61 52-week range 4.49
YTD
-34.49%
1 year
-28.35%
Open
1.73
Prev close
1.72
Mkt cap
56.63M
Vol
146.30K
Avg vol
217.03K
EPS
-0.09
P/E
0.00
Div yield
0.00%
More statistics
Low
1.58
High
1.73
Forward P/E
6.74
Beta
0.00
Short ratio
4.59
Inst. own
7.90%
Dividend
0.00
Ex-div date
Earnings
Aug 6, 2024
50-d avg
3.44
200-d avg
4.38
1y target
6.00

3M chart

Chart tools
Interval

Signals (11)
NameDateAgo
RSI: OversoldOct 30, 20262 days ago
RSI: OversoldOct 27, 20265 days ago
RSI: OversoldOct 22, 20261 week ago
RSI: OversoldOct 14, 20262 weeks ago
RSI: OversoldOct 8, 20263 weeks ago
SMA: BearishSep 22, 20261 month ago
SMA: BearishSep 15, 20261 month ago
MACD: Sell SignalSep 10, 20261 month ago
MACD: Buy SignalSep 2, 20262 months ago
MACD: Sell SignalAug 27, 20262 months ago
SMA: BullishAug 11, 20262 months ago

Key statistics

Market cap
110.01M
Enterprise value
160.27M
Trailing P/E
13.21
Forward P/E
6.74
PEG ratio
0.00
Price / sales
0.73
Price / book
0.85
EPS (TTM)
0.24
Beta
0.00
Dividend yield
0.00%
Payout ratio
0.00%
Profit margin
5.46%
Revenue (TTM)
149.79M
Revenue growth
5.10%
Free cash flow
-7.47M
Total cash
11.96M
Total debt
68.06M
Return on equity
7.87%
Shares outstanding
34.70M
Short % of float
1.98%
50-day average
3.44
200-day average
4.38

Analyst view

Consensus: buy

Buy
Price target (mean) 6.00 +273.8% upside
Target (low)
4.50
Target (mean)
6.00
Target (high)
8.00
Ratings (0m) 2 1 buy · 1 hold · 0 sell
  • Strong buy0
  • Buy1
  • Hold1
  • Sell0
  • Strong sell0

Next earnings

Aug 6, 2024

Expected Aug 6, 2024. Consensus EPS estimate 0.04.

Earnings history

Financials — quick view

All financials
DTI Revenue — quarterly 38.07M
2022-Q3 20222022-Q4 20222023-Q1 20232023-Q2 20232023-Q3 20232023-Q4 20232024-Q1 20242024-Q2 20242024-Q3 20242024-Q4 20242025-Q1 20252025-Q2 20252025-Q3 20252025-Q4 20252026-Q1 20262026-Q2 2026
DTI Net income — quarterly -1.79M
2022-Q3 20222022-Q4 20222023-Q1 20232023-Q2 20232023-Q3 20232023-Q4 20232024-Q1 20242024-Q2 20242024-Q3 20242024-Q4 20242025-Q1 20252025-Q2 20252025-Q3 20252025-Q4 20252026-Q1 20262026-Q2 2026
DTI EPS — quarterly -0.05
2022-Q3 20222022-Q4 20222023-Q1 20232023-Q2 20232023-Q3 20232023-Q4 20232024-Q1 20242024-Q2 20242024-Q3 20242024-Q4 20242025-Q1 20252025-Q2 20252025-Q3 20252025-Q4 20252026-Q1 20262026-Q2 2026

Earnings

DTI recent earnings
Report dateQuarter endingEPS estimateEPS reportedSurpriseSurprise %
Nov 13, 2024Sep 1, 20240.060.14+0.08+133.33%
Aug 6, 2024Jun 1, 20240.120.10-0.02-16.67%
Aug 6, 2024Jun 1, 20240.12———
May 9, 2024Mar 1, 20240.15———
May 9, 2024Mar 1, 20240.150.13-0.02-13.33%
Mar 27, 2024Dec 1, 20230.13———

Upgrades / downgrades

DTI analyst upgrades and downgrades
DateFirmActionFromTo
Nov 15, 2024Alliance Global PartnersmainBuyBuy
Aug 7, 2024Alliance Global PartnersmainBuyBuy
Jul 1, 2024Alliance Global Partnersinit—Buy

About Drilling Tools International Corporation

Drilling Tools International Corporation provides oilfield equipment and services to oil and natural gas sectors in North America, Europe, and the Middle East. It offers downhole tool rentals, machining, and inspection services to support the global drilling and wellbore construction industry. The company also provides products are bottom hole assembly components, such as stabilizers, subs, non-magnetic and steel drill collars, hole openers, and roller reamers, as well as drill pipe and drill pipe accessories; ancillary equipment and handling tools to support its rental platform, including float valves, ring gauges, tool baskets, lift bail, lift subs, mud magnets, elevators, bracket and bail assemblies, slips, tongs, stabbing guides and safety clamps; and blowout preventers, and pressure control accessory equipment. In addition, it offers tool rental services, which consists of rental, inspection, machining, and repair services; rents downhole drilling tools used in horizontal and directional drilling of oil and natural gas; rents kellys, pip joints, work strings; maintains a fleet of rental equipment consisting of drill collars, stabilizers, crossover subs, wellbore conditioning tools, drill pipe, hevi-wate drill pipe, and tubing; rents surface control equipment, such as blowout preventers and handling tools; and provides downhole products for producing wells. Drilling Tools International Corporation is headquartered in Houston, Texas.

Sector
Energy
Industry
Oil & Gas Equipment & Services
Country
United States

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Insider holders

DTI insider holders
InsiderRelationLatest transactionDateShares held
CROFFORD CURT L.DirectorStock Award(Grant)Jun 19, 202375,000
DOMINO MICHAEL WAYNE JR.OfficerStock Award(Grant)Jun 19, 20231,470,550
FURST JACK DDirectorStock Award(Grant)Jun 19, 20230
JOHNSON DAVID RICHARDChief Financial OfficerStock Award(Grant)Jun 19, 202345,647
PATTERSON THOMAS MONROEDirectorPurchaseSep 6, 202325,000
PREJEAN ROBERT WAYNEChief Executive OfficerStock Award(Grant)Jun 19, 20230

Institution ownership

DTI institution ownership
Holder% heldSharesValueReported
Vanguard Group Inc1.32%459,3601.46MSep 29, 2024
Gendell, Jeffrey L.1.25%434,9341.38MSep 29, 2024
Blackrock Inc.1.09%378,8201.20MSep 29, 2024
Solidarity Wealth, LLC0.91%317,2271.01MSep 29, 2024
Geode Capital Management, LLC0.60%209,808665.09KSep 29, 2024
Concurrent Investment Advisors, LLC 0.24%85,000269.45KSep 29, 2024

Fund ownership

DTI fund ownership
Holder% heldSharesValueReported
Vanguard Total Stock Market Index Fund0.85%296,724940.62KSep 29, 2024
iShares Russell 2000 ETF0.33%116,015367.77KOct 30, 2024
Fidelity Small Cap Index Fund0.27%93,527296.48KAug 30, 2024
Vanguard Extended Market Index Fund0.23%81,404258.05KSep 29, 2024
Adirondack Small Cap Fund0.19%66,116209.59KSep 29, 2024
iShares Russell 2000 Growth ETF0.16%54,317172.18KOct 30, 2024
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