Sidoti Csr Has Bearish Forecast for DTI Q2 Earnings

Key Points

• Sidoti Csr has revised its Q2 2025 earnings per share forecast for Drilling Tools International down to $0.04, from a previous estimate of $0.05, with projected Q3 and Q4 earnings also reduced significantly.
• Wall Street Zen upgraded Drilling Tools International from a "sell" rating to a "hold" rating as of May 22.
• The company has initiated a $10.00 million stock repurchase program, allowing it to buy back up to 10.2% of its outstanding shares, indicating a belief that its stock is undervalued.

Drilling Tools International Corp. (NASDAQ:DTI - Free Report) - Analysts at Sidoti Csr dropped their Q2 2025 EPS estimates for Drilling Tools International in a report issued on Monday, July 28th. Sidoti Csr analyst S. Ferazani now forecasts that the company will post earnings per share of $0.04 for the quarter, down from their prior estimate of $0.05. 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 $0.02 EPS and Q4 2025 earnings at $0.00 EPS.

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

Drilling Tools International Stock Up 1.2%

NASDAQ DTI traded up $0.02 during trading on Thursday, reaching $2.08. 7,250 shares of the company's stock were exchanged, compared to its average volume of 73,394. The stock has a market cap of $74.17 million, a P/E ratio of -41.29, a price-to-earnings-growth ratio of 3.05 and a beta of -0.41. The company has a debt-to-equity ratio of 0.40, a quick ratio of 1.41 and a current ratio of 1.94. The company has a 50 day moving average price of $2.75 and a two-hundred day moving average price of $2.68. Drilling Tools International has a 1 year low of $1.43 and a 1 year high of $4.63.

Drilling Tools International (NASDAQ:DTI - Get Free Report) last posted its earnings results on Tuesday, May 13th. The company reported $0.02 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.04 by ($0.02). Drilling Tools International had a positive return on equity of 7.79% and a negative net margin of 1.11%. The business had revenue of $42.88 million for the quarter, compared to analyst estimates of $38.53 million.

Drilling Tools International declared that its board has approved a share repurchase program 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 programs are generally a sign that the company's board believes its stock is undervalued.

Institutional Trading of Drilling Tools International

Several large investors have recently added to or reduced their stakes in DTI. Cresset Asset Management LLC acquired a new position in shares of Drilling Tools International during the fourth quarter valued at approximately $252,000. Y Intercept Hong Kong Ltd acquired a new position in shares of Drilling Tools International during the second quarter valued at approximately $139,000. Perritt Capital Management Inc acquired a new position in shares of Drilling Tools International during the fourth quarter valued at approximately $114,000. Mariner LLC bought a new stake in Drilling Tools International during the fourth quarter worth approximately $86,000. Finally, JPMorgan Chase & Co. boosted its holdings in Drilling Tools International by 114.6% during the fourth quarter. JPMorgan Chase & Co. now owns 43,441 shares of the company's stock worth $142,000 after buying an additional 23,200 shares in the last quarter. 2.79% of the stock is currently owned by institutional investors and hedge funds.

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.