Sidoti Csr Research Analysts Lift Earnings Estimates for DTI

Drilling Tools International Co. (NASDAQ:DTI - Free Report) - Stock analysts at Sidoti Csr lifted their Q2 2025 earnings per share (EPS) estimates for shares of Drilling Tools International in a research report issued to clients and investors on Thursday, May 15th. Sidoti Csr analyst S. Ferazani now expects that the company will post earnings of $0.05 per share for the quarter, up from their previous forecast of $0.04. 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 $0.20 EPS, Q4 2025 earnings at ($0.01) EPS and FY2026 earnings at $0.15 EPS.

Drilling Tools International Stock Performance

NASDAQ DTI opened at $2.55 on Monday. The firm has a market capitalization of $90.76 million, a P/E ratio of 9.11, a P/E/G ratio of 0.90 and a beta of -0.64. Drilling Tools International has a 1-year low of $1.43 and a 1-year high of $6.36. 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 business's 50-day simple moving average is $2.25 and its 200-day simple moving average is $2.93.

Drilling Tools International (NASDAQ:DTI - Get Free Report) last released its quarterly earnings data on Tuesday, May 13th. The company reported $0.02 earnings per share for the quarter, missing the consensus estimate of $0.04 by ($0.02). The firm had revenue of $42.88 million during the quarter, compared to analyst estimates of $38.53 million. Drilling Tools International had a net margin of 5.46% and a return on equity of 15.38%.

Hedge Funds Weigh In On Drilling Tools International

Hedge funds and other institutional investors have recently modified their holdings of the company. Rhumbline Advisers lifted its stake 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 valued at $41,000 after purchasing an additional 3,806 shares in the last quarter. Barclays PLC lifted its stake in shares of Drilling Tools International by 414.6% in the 3rd quarter. Barclays PLC now owns 16,730 shares of the company's stock valued at $62,000 after purchasing an additional 13,479 shares in the last quarter. JPMorgan Chase & Co. lifted its stake in shares of Drilling Tools International by 189.5% in the 3rd quarter. JPMorgan Chase & Co. now owns 20,241 shares of the company's stock valued at $75,000 after purchasing an additional 13,249 shares in the last quarter. Wellington Management Group LLP acquired a new position in Drilling Tools International during the 4th quarter worth approximately $52,000. Finally, Cresset Asset Management LLC acquired a new position in Drilling Tools International during the 4th quarter worth approximately $252,000. 2.79% of the stock is owned by institutional investors and hedge funds.

Drilling Tools International declared that its board has approved a stock repurchase program on Tuesday, May 13th that authorizes the company to buyback $10.00 million in outstanding shares. This buyback authorization authorizes the company to purchase up to 10.2% of its shares through open market purchases. Shares buyback programs are often a sign that the company's board believes its stock is 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.

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