Sidoti Csr Has Pessimistic View of DTI Q3 Earnings

Key Points

• Sidoti Csr has revised its Q3 2025 earnings per share estimate for Drilling Tools International Corp. from $0.02 to ($0.01), indicating a pessimistic outlook for the company.
• Drilling Tools International reported earnings of ($0.02) per share for the last quarter, falling short of the expected $0.04 by ($0.06), with revenue of $39.42 million.
• The company has approved a share repurchase plan allowing it to buy back up to 10.2% of its shares, which typically signals that the board believes the stock is undervalued.

Drilling Tools International Corp. (NASDAQ:DTI - Free Report) - Equities researchers at Sidoti Csr decreased their Q3 2025 earnings per share (EPS) estimates for Drilling Tools International in a report released on Friday, August 15th. Sidoti Csr analyst S. Ferazani now anticipates that the company will earn ($0.01) per share for the quarter, down from their previous estimate of $0.02. 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 Q1 2026 earnings at $0.01 EPS, Q2 2026 earnings at $0.02 EPS, Q3 2026 earnings at $0.04 EPS, Q4 2026 earnings at $0.04 EPS and FY2026 earnings at $0.11 EPS.

A number of other research analysts have also issued reports on the company. Zacks Research lowered Drilling Tools International from a "hold" rating to a "strong sell" rating in a report on Friday, August 15th. Wall Street Zen raised Drilling Tools International from a "sell" rating to a "hold" rating in a report on Thursday, May 22nd. One analyst has rated the stock with a Buy rating and one has given a Sell rating to the company. According to MarketBeat, the stock has an average rating of "Hold" and a consensus price target of $5.50.

Drilling Tools International Stock Performance

Shares of NASDAQ:DTI traded up $0.20 during trading on Monday, reaching $2.01. The company had a trading volume of 147,482 shares, compared to its average volume of 36,064. The firm has a market capitalization of $71.68 million, a price-to-earnings ratio of -15.46, a price-to-earnings-growth ratio of 20.11 and a beta of -0.41. The company has a debt-to-equity ratio of 0.41, a current ratio of 2.06 and a quick ratio of 1.41. The stock's fifty day moving average price is $2.48 and its 200 day moving average price is $2.55. Drilling Tools International has a fifty-two week low of $1.43 and a fifty-two week high of $4.29.

Drilling Tools International (NASDAQ:DTI - Get Free Report) last posted its quarterly earnings data on Wednesday, August 13th. The company reported ($0.02) earnings per share for the quarter, missing the consensus estimate of $0.04 by ($0.06). The firm had revenue of $39.42 million during the quarter, compared to analyst estimates of $40.14 million. Drilling Tools International had a negative net margin of 2.81% and a positive return on equity of 4.29%. Drilling Tools International has set its FY 2025 guidance at EPS.

Institutional Inflows and Outflows

A number of hedge funds have recently added to or reduced their stakes in DTI. XTX Topco Ltd purchased a new position in Drilling Tools International in the first quarter valued at about $32,000. Nuveen LLC purchased a new position in Drilling Tools International in the first quarter valued at about $40,000. Dimensional Fund Advisors LP purchased a new stake in shares of Drilling Tools International in the fourth quarter valued at about $43,000. BNP Paribas Financial Markets purchased a new stake in shares of Drilling Tools International in the fourth quarter valued at about $46,000. Finally, Qube Research & Technologies Ltd purchased a new stake in shares of Drilling Tools International in the second quarter valued at about $49,000. 2.79% of the stock is owned by hedge funds and other institutional investors.

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

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.