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NASDAQ:DTI

Drilling Tools International (DTI) Stock Price, News & Analysis

$5.44
-0.15 (-2.68%)
(As of 02:38 PM ET)
Today's Range
$5.23
$5.60
50-Day Range
$5.02
$6.33
52-Week Range
$2.43
$6.36
Volume
12,254 shs
Average Volume
49,220 shs
Market Capitalization
$161.95 million
P/E Ratio
12.65
Dividend Yield
N/A
Price Target
$5.75

Drilling Tools International MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.50 Rating Score
Upside/​Downside
5.7% Upside
$5.75 Price Target
Short Interest
Bearish
9.52% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.53mentions of Drilling Tools International in the last 14 days
Based on 2 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
25.81%
From $0.62 to $0.78 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

1.15 out of 5 stars

Oils/Energy Sector

215th out of 238 stocks

Oil & Gas Field Machinery Industry

11th out of 12 stocks

DTI stock logo

About Drilling Tools International Stock (NASDAQ:DTI)

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. In addition, it offers tool rental services, which consists of rental, inspection, machining, and repair services; rents downhole drilling tools used in horizontal and directional drilling of oil and natural gas; rents kellys, pip joints, work strings; maintains a fleet of rental equipment consisting of drill collars, stabilizers, crossover subs, wellbore conditioning tools, drill pipe, hevi-wate drill pipe, and tubing; rents surface control equipment, such as blowout preventers and handling tools; and provides downhole products for producing wells. Drilling Tools International Corporation is headquartered in Houston, Texas.

DTI Stock Price History

DTI Stock News Headlines

What comes next after the attempt on Trump's life...
After this weekend’s attempt on Trump's life... it seems all but a lock for him to return to the White House. Now "only an ‘October Surprise’ can swing the presidential election," writes Doug Schoen, of The Hill.
Drilling Tools International Corporation (DTI)
What comes next after the attempt on Trump's life...
After this weekend’s attempt on Trump's life... it seems all but a lock for him to return to the White House. Now "only an ‘October Surprise’ can swing the presidential election," writes Doug Schoen, of The Hill.
See More Headlines
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Company Calendar

Last Earnings
5/09/2024
Today
7/24/2024
Next Earnings (Estimated)
8/12/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Oil & gas field machinery
Sub-Industry
N/A
Current Symbol
NASDAQ:DTI
Previous Symbol
NASDAQ:DTI
Fax
N/A
Employees
394
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$5.75
High Stock Price Target
$8.50
Low Stock Price Target
$3.00
Potential Upside/Downside
+2.9%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.50
Research Coverage
2 Analysts

Profitability

Net Income
$14.75 million
Pretax Margin
11.09%

Debt

Sales & Book Value

Annual Sales
$152.03 million
Cash Flow
$1.18 per share
Book Value
$2.98 per share

Miscellaneous

Free Float
25,399,000
Market Cap
$166.41 million
Optionable
Not Optionable
Beta
-0.93
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Key Executives

  • Mr. R. Wayne Prejean (Age 62)
    CEO, President & Director
    Comp: $1.3M
  • Mr. David R. Johnson (Age 59)
    Chief Financial Officer
    Comp: $824.3k
  • Mr. Michael W. Domino Jr. (Age 49)
    President of Directional Tools Rentals Division
    Comp: $635.08k
  • Mr. Ronnie Russo
    Founder
  • Mr. David Cotten
    Director of Technical Services & QHSE
  • Mr. Aldo Rodriguez
    Vice President of Sales
  • Mr. Jameson Parker
    Vice President of Corporate Development
  • Ms. Veda Ragsdill
    Vice President of Human Resources

DTI Stock Analysis - Frequently Asked Questions

How have DTI shares performed this year?

Drilling Tools International's stock was trading at $3.20 on January 1st, 2024. Since then, DTI shares have increased by 70.0% and is now trading at $5.44.
View the best growth stocks for 2024 here
.

How were Drilling Tools International's earnings last quarter?

Drilling Tools International Co. (NASDAQ:DTI) announced its quarterly earnings data on Thursday, May, 9th. The company reported $0.13 earnings per share for the quarter, missing analysts' consensus estimates of $0.15 by $0.02. The business had revenue of $36.97 million for the quarter. Drilling Tools International had a net margin of 8.21% and a trailing twelve-month return on equity of 14.88%.

How do I buy shares of Drilling Tools International?

Shares of DTI stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:DTI) was last updated on 7/24/2024 by MarketBeat.com Staff

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