Sidoti Csr Has Bearish Forecast for DTI Q2 Earnings

Drilling Tools International Co. (NASDAQ:DTI - Free Report) - Stock analysts at Sidoti Csr reduced their Q2 2025 earnings per share estimates for shares of Drilling Tools International in a research note issued on Monday, April 28th. Sidoti Csr analyst S. Ferazani now forecasts that the company will post earnings of $0.04 per share for the quarter, down from their previous estimate of $0.07. The consensus estimate for Drilling Tools International's current full-year earnings is $0.38 per share. Sidoti Csr also issued estimates for Drilling Tools International's Q3 2025 earnings at $0.04 EPS, Q4 2025 earnings at $0.04 EPS, Q1 2026 earnings at $0.07 EPS, Q2 2026 earnings at $0.07 EPS, Q3 2026 earnings at $0.07 EPS and Q4 2026 earnings at $0.10 EPS.

Drilling Tools International Stock Up 9.9 %

Shares of DTI stock traded up $0.20 on Tuesday, hitting $2.23. The company's stock had a trading volume of 132,478 shares, compared to its average volume of 60,280. The company has a debt-to-equity ratio of 0.15, a current ratio of 1.32 and a quick ratio of 0.99. The stock has a market capitalization of $79.37 million, a price-to-earnings ratio of 7.96, a P/E/G ratio of 0.90 and a beta of -0.66. Drilling Tools International has a fifty-two week low of $1.43 and a fifty-two week high of $6.36. The firm's fifty day moving average price is $2.37 and its 200-day moving average price is $3.00.

Drilling Tools International (NASDAQ:DTI - Get Free Report) last posted its quarterly earnings results on Thursday, March 13th. The company reported $0.02 earnings per share for the quarter, beating the consensus estimate of $0.01 by $0.01. Drilling Tools International had a return on equity of 15.38% and a net margin of 5.46%. The firm had revenue of $39.85 million for the quarter, compared to analyst estimates of $38.99 million. During the same period in the previous year, the firm earned $0.13 earnings per share.

Hedge Funds Weigh In On Drilling Tools International

A number of institutional investors and hedge funds have recently bought and sold shares of DTI. Rhumbline Advisers raised its holdings in shares of Drilling Tools International by 42.8% in the 4th quarter. Rhumbline Advisers now owns 12,689 shares of the company's stock worth $41,000 after buying an additional 3,806 shares in the last quarter. Geode Capital Management LLC raised its position in shares of Drilling Tools International by 31.5% during the third quarter. Geode Capital Management LLC now owns 209,808 shares of the company's stock worth $783,000 after acquiring an additional 50,236 shares during the last quarter. Barclays PLC lifted its holdings in Drilling Tools International by 414.6% in the third quarter. Barclays PLC now owns 16,730 shares of the company's stock valued at $62,000 after buying an additional 13,479 shares during the period. JPMorgan Chase & Co. grew its stake in shares of Drilling Tools International by 189.5% during the third quarter. JPMorgan Chase & Co. now owns 20,241 shares of the company's stock worth $75,000 after purchasing an additional 13,249 shares during the period. Finally, Wellington Management Group LLP bought a new position in Drilling Tools International during the 4th quarter worth approximately $52,000. Institutional investors own 2.79% of the company's stock.

About Drilling Tools International

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.