DTI vs. FET, PFIE, OIS, KITT, SOI, NR, GEVO, PROP, VGAS, and ORGN
Should you be buying Drilling Tools International stock or one of its competitors? The main competitors of Drilling Tools International include Forum Energy Technologies (FET), Profire Energy (PFIE), Oil States International (OIS), Nauticus Robotics (KITT), Solaris Oilfield Infrastructure (SOI), Newpark Resources (NR), Gevo (GEVO), Prairie Operating (PROP), Verde Clean Fuels (VGAS), and Origin Materials (ORGN).
Forum Energy Technologies (NYSE:FET) and Drilling Tools International (NASDAQ:DTI) are both small-cap oils/energy companies, but which is the better investment? We will compare the two businesses based on the strength of their community ranking, profitability, earnings, dividends, risk, valuation, analyst recommendations, institutional ownership and media sentiment.
Drilling Tools International has a consensus target price of $3.00, indicating a potential downside of 45.45%. Given Forum Energy Technologies' higher probable upside, analysts plainly believe Drilling Tools International is more favorable than Forum Energy Technologies.
Drilling Tools International has a net margin of 8.21% compared to Drilling Tools International's net margin of -3.42%. Forum Energy Technologies' return on equity of 15.18% beat Drilling Tools International's return on equity.
In the previous week, Drilling Tools International had 20 more articles in the media than Forum Energy Technologies. MarketBeat recorded 21 mentions for Drilling Tools International and 1 mentions for Forum Energy Technologies. Drilling Tools International's average media sentiment score of 0.87 beat Forum Energy Technologies' score of -0.08 indicating that Forum Energy Technologies is being referred to more favorably in the media.
Drilling Tools International has lower revenue, but higher earnings than Forum Energy Technologies. Forum Energy Technologies is trading at a lower price-to-earnings ratio than Drilling Tools International, indicating that it is currently the more affordable of the two stocks.
65.6% of Forum Energy Technologies shares are held by institutional investors. Comparatively, 2.8% of Drilling Tools International shares are held by institutional investors. 5.8% of Forum Energy Technologies shares are held by insiders. Comparatively, 14.7% of Drilling Tools International shares are held by insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a company will outperform the market over the long term.
Forum Energy Technologies received 433 more outperform votes than Drilling Tools International when rated by MarketBeat users. Likewise, 53.39% of users gave Forum Energy Technologies an outperform vote while only 0.00% of users gave Drilling Tools International an outperform vote.
Forum Energy Technologies has a beta of 2.57, indicating that its stock price is 157% more volatile than the S&P 500. Comparatively, Drilling Tools International has a beta of -0.96, indicating that its stock price is 196% less volatile than the S&P 500.
Summary
Drilling Tools International beats Forum Energy Technologies on 10 of the 16 factors compared between the two stocks.
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This chart shows the number of new MarketBeat users adding DTI and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
This chart shows the average media sentiment of NASDAQ and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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