Drilling Tools International (DTI) to Release Quarterly Earnings on Tuesday

Key Points

• Drilling Tools International (NASDAQ: DTI) is expected to announce Q2 2025 earnings on August 5th, forecasting earnings of $0.04 per share and revenue of $40.14 million.
• Shares of DTI opened at $2.25 with a market capitalization of $80.08 million, amidst a recent share buyback plan allowing for the repurchase of up to 10.2% of its stock.
• Analysts raised DTI's rating from "sell" to "hold," indicating potential confidence in the company's share value stabilization.

Drilling Tools International (NASDAQ:DTI - Get Free Report) is expected to be issuing its Q2 2025 quarterly earnings data before the market opens on Tuesday, August 5th. Analysts expect the company to announce earnings of $0.04 per share and revenue of $40.14 million for the quarter. Drilling Tools International has set its FY 2025 guidance at EPS.

Drilling Tools International (NASDAQ:DTI - Get Free Report) last issued its quarterly earnings data on Tuesday, May 13th. The company reported $0.02 EPS for the quarter, missing analysts' consensus estimates of $0.04 by ($0.02). The business had revenue of $42.88 million during the quarter, compared to analyst estimates of $38.53 million. Drilling Tools International had a negative net margin of 1.11% and a positive return on equity of 7.79%. On average, analysts expect Drilling Tools International to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Drilling Tools International Trading Down 1.4%

Shares of DTI stock traded down $0.03 during trading hours on Friday, hitting $2.05. 18,994 shares of the company were exchanged, compared to its average volume of 73,826. The firm has a market cap of $72.96 million, a PE ratio of -40.39, a PEG ratio of 3.14 and a beta of -0.38. Drilling Tools International has a 1 year low of $1.43 and a 1 year high of $5.59. The company has a quick ratio of 1.41, a current ratio of 1.94 and a debt-to-equity ratio of 0.40. The firm has a fifty day moving average of $2.77 and a 200 day moving average of $2.71.

Drilling Tools International announced that its Board of Directors has initiated a stock buyback plan on Tuesday, May 13th that permits the company to repurchase $10.00 million in shares. This repurchase authorization permits the company to reacquire up to 10.2% of its shares through open market purchases. Shares repurchase plans are usually a sign that the company's leadership believes its shares are undervalued.

Analyst Ratings Changes

Separately, Wall Street Zen raised shares of Drilling Tools International from a "sell" rating to a "hold" rating in a research report on Thursday, May 22nd.

Drilling Tools International Company Profile

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.