Dril-Quip Company Profile (NYSE:DRQ)

About Dril-Quip (NYSE:DRQ)

Dril-Quip logoDril-Quip, Inc. (Dril-Quip) designs, manufactures, sells and services engineered drilling and production equipment. The Company's operations are organized into three geographic segments: Western Hemisphere, including North and South America, headquartered in Houston, Texas; Eastern Hemisphere, including Europe and Africa, headquartered in Aberdeen, Scotland, and Asia-Pacific, including the Pacific Rim, Southeast Asia, Australia, India and the Middle East, headquartered in Singapore. Its equipment is suited for use in deepwater, harsh environments and service applications. Its principal products consist of subsea and surface wellheads, subsea and surface production trees, subsea control systems and manifolds, mudline hanger systems, specialty connectors and associated pipe, drilling and production riser systems, liner hangers, wellhead connectors and diverters. The Company has manufacturing facilities in approximately three of its headquarter locations, as well as in Macae, Brazil.

Industry, Sector and Symbol:
  • Sector: Oils/Energy
  • Industry: Oil & Gas Equipment & Services
  • Sub-Industry: Oil & Gas Equipment & Services
  • Symbol: NYSE:DRQ
  • CUSIP: 26203710
  • Web: www.dril-quip.com
Capitalization:
  • Market Cap: $1.99 billion
  • Outstanding Shares: 37,834,000
Average Prices:
  • 50 Day Moving Avg: $52.44
  • 200 Day Moving Avg: $57.14
  • 52 Week Range: $46.90 - $69.40
P/E:
  • Trailing P/E Ratio: 35.09
  • Foreward P/E Ratio: 72.05
  • P/E Growth: -6.74
Sales & Book Value:
  • Annual Revenue: $491.4 million
  • Price / Sales: 4.05
  • Book Value: $36.16 per share
  • Price / Book: 1.45
Profitability:
  • EBIDTA: $100.86 million
  • Net Margins: 22.12%
  • Return on Equity: 8.51%
  • Return on Assets: 7.94%
Debt:
  • Current Ratio: 13.35%
  • Quick Ratio: 9.30%
Misc:
  • Average Volume: 560,977 shs.
  • Beta: 0.73
  • Short Ratio: 8.9
 

Frequently Asked Questions for Dril-Quip (NYSE:DRQ)

What is Dril-Quip's stock symbol?

Dril-Quip trades on the New York Stock Exchange (NYSE) under the ticker symbol "DRQ."

How were Dril-Quip's earnings last quarter?

Dril-Quip, Inc. (NYSE:DRQ) released its quarterly earnings data on Thursday, April, 27th. The company reported $0.05 EPS for the quarter, missing the Thomson Reuters' consensus estimate of $0.06 by $0.01. The firm had revenue of $119.23 million for the quarter, compared to the consensus estimate of $97.62 million. Dril-Quip had a net margin of 22.12% and a return on equity of 8.51%. The company's revenue was down 28.4% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.97 EPS. View Dril-Quip's Earnings History.

When will Dril-Quip make its next earnings announcement?

Dril-Quip is scheduled to release their next quarterly earnings announcement on Thursday, July, 27th 2017. View Earnings Estimates for Dril-Quip.

Where is Dril-Quip's stock going? Where will Dril-Quip's stock price be in 2017?

8 brokerages have issued 1 year price objectives for Dril-Quip's stock. Their predictions range from $53.00 to $73.00. On average, they anticipate Dril-Quip's stock price to reach $60.86 in the next year. View Analyst Ratings for Dril-Quip.

What are analysts saying about Dril-Quip stock?

Here are some recent quotes from research analysts about Dril-Quip stock:

  • 1. According to Zacks Investment Research, "We view Dril-Quip as an attractive long-term investment based on its highly engineered offshore drilling and production equipment for deepwater severe-service applications and harsh environmental conditions. The equipment supplier is also in excellent financial health with a sustainable free cash flow. Dril-Quip’s first quarter 2017 earnings and revenue surpassed the Zacks Consensus Estimate. The outperformance was primarily favored by higher product bookings. However, the company’s price chart shows that it has lagged the broader industry in the last six months. During the aforesaid period, the company’s shares gained almost 4%, while the Zacks categorized Oil Field Machinery & Equipment industry improved 7%." (5/2/2017)
  • 2. Morgan Stanley analysts commented, "We expect orders to stabilize in the $100mm range, driven by wellhead inventory drawdown over the past 2 years." (8/1/2016)

Who are some of Dril-Quip's key competitors?

Who owns Dril-Quip stock?

Dril-Quip's stock is owned by a number of of institutional and retail investors. Top institutional investors include FMR LLC (13.42%), BlackRock Inc. (9.47%), Vanguard Group Inc. (8.22%), Dimensional Fund Advisors LP (6.49%), Kayne Anderson Rudnick Investment Management LLC (5.86%) and State Street Corp (3.12%). Company insiders that own Dril-Quip stock include A P Shukis, Blake T Deberry, James A Gariepy, James C Webster and Jerry M Brooks. View Institutional Ownership Trends for Dril-Quip.

Who sold Dril-Quip stock? Who is selling Dril-Quip stock?

Dril-Quip's stock was sold by a variety of institutional investors in the last quarter, including First Trust Advisors LP, Morgan Stanley, Janus Capital Management LLC, Gotham Asset Management LLC, Goldman Sachs Group Inc., Jennison Associates LLC, Nuance Investments LLC and Epoch Investment Partners Inc.. Company insiders that have sold Dril-Quip stock in the last year include A P Shukis, Blake T Deberry, James A Gariepy and Jerry M Brooks. View Insider Buying and Selling for Dril-Quip.

Who bought Dril-Quip stock? Who is buying Dril-Quip stock?

Dril-Quip's stock was bought by a variety of institutional investors in the last quarter, including BlackRock Inc., Dimensional Fund Advisors LP, Dalton Greiner Hartman Maher & Co., Kayne Anderson Rudnick Investment Management LLC, Bank of New York Mellon Corp, Ameriprise Financial Inc., New Amsterdam Partners LLC NY and Vanguard Group Inc.. View Insider Buying and Selling for Dril-Quip.

How do I buy Dril-Quip stock?

Shares of Dril-Quip can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

How much does a share of Dril-Quip stock cost?

One share of Dril-Quip stock can currently be purchased for approximately $52.60.

Analyst Ratings

Consensus Ratings for Dril-Quip (NYSE:DRQ) (?)
Ratings Breakdown: 7 Hold Ratings, 1 Buy Rating
Consensus Rating:Hold (Score: 2.13)
Consensus Price Target: $60.86 (15.70% upside)

Analysts' Ratings History for Dril-Quip (NYSE:DRQ)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
5/1/2017Barclays PLCDowngradeOverweight -> Equal Weight$77.00 -> $57.00HighView Rating Details
3/2/2017ScotiabankSet Price TargetHold$65.00N/AView Rating Details
3/1/2017GuggenheimDowngradeBuy -> NeutralN/AView Rating Details
11/17/2016Evercore ISIInitiated CoverageBuy$59.00N/AView Rating Details
10/27/2016Howard WeilLower Price TargetSector Perform$67.00 -> $59.00N/AView Rating Details
10/18/2016Cowen and CompanyReiterated RatingMarket Perform$60.00N/AView Rating Details
8/1/2016Morgan StanleyReiterated RatingHold$73.00N/AView Rating Details
6/22/2016JPMorgan Chase & Co.Initiated CoverageNeutral$53.00N/AView Rating Details
4/28/2016SimmonsDowngradeOverweight -> Neutral$58.00 -> $50.00N/AView Rating Details
4/28/2016Piper Jaffray CompaniesDowngradeOverweight -> NeutralN/AView Rating Details
3/5/2016KLR GroupReiterated RatingBuyN/AView Rating Details
2/29/2016FBR & CoLower Price TargetOutperform$70.00 -> $63.00N/AView Rating Details
2/24/2016SunTrust Banks, Inc.DowngradeBuy -> Neutral$65.00 -> $51.00N/AView Rating Details
2/22/2016Johnson RiceDowngradeBuy -> HoldN/AView Rating Details
1/21/2016Robert W. BairdLower Price Target$72.00 -> $65.00N/AView Rating Details
1/5/2016GMP SecuritiesReiterated RatingReduce$50.00N/AView Rating Details
7/31/2015Bank of America CorpDowngradeBuy -> NeutralN/AView Rating Details
(Data available from 5/25/2015 forward)

Earnings

Earnings History for Dril-Quip (NYSE:DRQ)
Earnings by Quarter for Dril-Quip (NYSE:DRQ)
Earnings History by Quarter for Dril-Quip (NYSE:DRQ)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
7/27/2017        
4/27/2017Q1 2017$0.06$0.05$97.62 million$119.23 millionViewN/AView Earnings Details
2/28/2017Q4 2016$0.30$0.23$115.44 million$106.09 millionViewN/AView Earnings Details
10/27/2016Q3$0.39$0.39$120.30 million$123.60 millionViewN/AView Earnings Details
7/29/2016Q2$0.67$0.96$149.33 million$142.40 millionViewN/AView Earnings Details
4/26/2016Q1 16$0.83$0.97$167.40 million$166.60 millionViewN/AView Earnings Details
2/25/2016Q4$1.06$1.20$195.10 million$201.60 millionViewN/AView Earnings Details
10/29/2015Q3 2015$1.15$1.19$210.84 million$204.40 millionViewN/AView Earnings Details
7/30/2015Q414$1.21$1.01$224.90 million$215.30 millionViewN/AView Earnings Details
4/30/2015Q1$1.18$1.26$223.59 million$226.00 millionViewN/AView Earnings Details
2/27/2015Q314$1.34$1.43$248.10 million$254.80 millionViewN/AView Earnings Details
10/31/2014Q214$1.30$1.40$240.35 million$241.70 millionViewN/AView Earnings Details
7/30/2014Q2$1.16$1.27$228.09 million$230.30 millionViewN/AView Earnings Details
5/9/2014Q114$1.21$1.04$241.70 million$2.01 billionViewN/AView Earnings Details
2/28/2014$1.14$1.21$232.70 million$232.40 millionViewN/AView Earnings Details
11/1/2013Q313$1.05$0.98$226.70 million$224.70 millionViewN/AView Earnings Details
8/2/2013Q2 2013$0.88$1.05$202.13 million$222.00 millionViewN/AView Earnings Details
5/3/2013Q1 2013$0.80$0.85$194.14 million$193.16 millionViewN/AView Earnings Details
2/28/2013Q4 2012$0.74$0.76$189.14 million$188.48 millionViewN/AView Earnings Details
11/9/2012Q312$0.74$0.73$178.30 million$190.90 millionViewN/AView Earnings Details
8/6/2012$0.70$0.74ViewN/AView Earnings Details
5/7/2012$0.67$0.71ViewN/AView Earnings Details
11/4/2011$0.59$0.58ViewN/AView Earnings Details
8/5/2011$0.59$0.55ViewN/AView Earnings Details
5/9/2011$0.57$0.54ViewN/AView Earnings Details
2/28/2011$0.70$0.52ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Dril-Quip (NYSE:DRQ)
2017 EPS Consensus Estimate: $0.51
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20172$0.11$0.20$0.16
Q2 20172$0.05$0.18$0.12
Q3 20172$0.03$0.10$0.07
Q4 20172$0.14$0.20$0.17
(Data provided by Zacks Investment Research)

Dividends

Dividend History for Dril-Quip (NYSE:DRQ)
No dividend announcements for this company have been tracked by MarketBeat.com

Insider Trades

Insider Trading and Institutional Ownership History for Dril-Quip (NYSE:DRQ)
Insider Ownership Percentage: 13.60%
Insider Trades by Quarter for Dril-Quip (NYSE:DRQ)
Institutional Ownership by Quarter for Dril-Quip (NYSE:DRQ)
Insider Trades by Quarter for Dril-Quip (NYSE:DRQ)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
11/1/2016A P ShukisDirectorSell454$48.05$21,814.70View SEC Filing  
10/31/2016Blake T. DeberryInsiderSell9,101$47.59$433,116.59View SEC Filing  
10/31/2016James A GariepyCOOSell8,676$47.59$412,890.84View SEC Filing  
10/31/2016Jerry M BrooksVPSell3,169$47.59$150,812.71View SEC Filing  
10/29/2015Blake T. DeberryCEOSell3,231$60.81$196,477.11View SEC Filing  
10/29/2015James A. GariepyCOOSell3,095$60.81$188,206.95View SEC Filing  
10/29/2015James C. WebsterVPSell1,105$60.81$67,195.05View SEC Filing  
10/29/2015Jerry M. BrooksCFOSell1,131$60.81$68,776.11View SEC Filing  
10/27/2015James A. GariepyCOOSell7,368$62.12$457,700.16View SEC Filing  
10/27/2015James C. WebsterVPSell2,898$62.12$180,023.76View SEC Filing  
10/27/2015Jerry M. BrooksCFOSell3,146$62.12$195,429.52View SEC Filing  
3/3/2015Blake T DeberryCEOSell10,000$73.48$734,800.00View SEC Filing  
12/9/2014Blake T DeberryCEOSell2,264$76.56$173,331.84View SEC Filing  
10/29/2014James A GariepyCOOSell1,225$91.77$112,418.25View SEC Filing  
10/28/2014James A GariepyCOOSell1,760$87.99$154,862.40View SEC Filing  
10/28/2014James C WebsterVPSell693$87.99$60,977.07View SEC Filing  
10/28/2014Jerry M BrooksCFOSell752$87.99$66,168.48View SEC Filing  
10/28/2014L H Dick RobertsonDirectorSell187$89.36$16,710.32View SEC Filing  
12/9/2013Blake DeberryCEOSell2,320$108.93$252,717.60View SEC Filing  
10/28/2013Blake T DeberryCEOSell1,702$116.37$198,061.74View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Headline Trends for Dril-Quip (NYSE:DRQ)
Latest Headlines for Dril-Quip (NYSE:DRQ)
Source:
DateHeadline
americanbankingnews.com logoDril-Quip, Inc. (DRQ) Receives Consensus Recommendation of "Hold" from Analysts
www.americanbankingnews.com - May 22 at 12:25 PM
finance.yahoo.com logoDril-Quip, Inc. breached its 50 day moving average in a Bullish Manner : DRQ-US : May 17, 2017
finance.yahoo.com - May 17 at 11:07 AM
americanbankingnews.com logo$99.07 Million in Sales Expected for Dril-Quip, Inc. (DRQ) This Quarter
www.americanbankingnews.com - May 5 at 4:59 PM
americanbankingnews.com logoSomewhat Critical Media Coverage Somewhat Likely to Impact Dril-Quip (DRQ) Stock Price
www.americanbankingnews.com - May 4 at 6:34 PM
americanbankingnews.com logo Analysts Expect Dril-Quip, Inc. (DRQ) Will Post Earnings of $0.04 Per Share
www.americanbankingnews.com - May 3 at 9:33 AM
finance.yahoo.com logoDril-Quip Wins Two Spotlight On New Technology Awards For Wellhead System And Connector
finance.yahoo.com - May 2 at 7:32 PM
americanbankingnews.com logoDril-Quip, Inc. (DRQ) Rating Increased to Hold at Zacks Investment Research
www.americanbankingnews.com - May 2 at 2:30 PM
americanbankingnews.com logoDril-Quip (DRQ) Earning Somewhat Favorable Media Coverage, Analysis Shows
www.americanbankingnews.com - May 1 at 6:30 PM
finance.yahoo.com logoETFs with exposure to Dril-Quip, Inc. : May 1, 2017
finance.yahoo.com - May 1 at 4:41 PM
americanbankingnews.com logoDril-Quip, Inc. (DRQ) Releases Quarterly Earnings Results, Misses Expectations By $0.01 EPS
www.americanbankingnews.com - April 28 at 11:52 PM
americanbankingnews.com logoDril-Quip, Inc. (DRQ) Posts Earnings Results, Misses Estimates By $0.01 EPS
www.americanbankingnews.com - April 28 at 6:12 PM
finance.yahoo.com logoDril-Quip, Inc. :DRQ-US: Earnings Analysis: Q1, 2017 By the Numbers : April 28, 2017
finance.yahoo.com - April 28 at 5:52 PM
americanbankingnews.com logoDril-Quip (DRQ) Earns Daily Media Sentiment Score of -0.10
www.americanbankingnews.com - April 28 at 2:44 PM
rttnews.com logoEARNINGS SUMMARY: Details of Dril-Quip Inc. Q1 Earnings Report
www.rttnews.com - April 27 at 5:20 PM
finance.yahoo.com logoDril-Quip, Inc. Announces Results For First Quarter 2017
finance.yahoo.com - April 27 at 9:02 AM
marketbeat.com logoDril-Quip beats Street 1Q forecasts
marketbeat.com - April 27 at 6:44 AM
americanbankingnews.com logoDril-Quip (DRQ) Receives Media Sentiment Rating of 0.25
www.americanbankingnews.com - April 25 at 7:36 PM
americanbankingnews.com logoDril-Quip, Inc. (DRQ) Given Consensus Rating of "Hold" by Analysts
www.americanbankingnews.com - April 25 at 12:33 PM
americanbankingnews.com logoDril-Quip (DRQ) Given Media Impact Rating of 0.10
www.americanbankingnews.com - April 22 at 9:15 AM
americanbankingnews.com logoDril-Quip, Inc. (DRQ) to Release Earnings on Monday
www.americanbankingnews.com - April 21 at 11:27 PM
americanbankingnews.com logoDril-Quip (DRQ) Receiving Somewhat Negative Media Coverage, Study Finds
www.americanbankingnews.com - April 19 at 11:29 AM
americanbankingnews.com logoDril-Quip (DRQ) Receiving Very Positive Media Coverage, Analysis Shows
www.americanbankingnews.com - April 16 at 8:08 AM
americanbankingnews.com logoZacks: Analysts Expect Dril-Quip, Inc. (DRQ) Will Post Quarterly Sales of $99.82 Million
www.americanbankingnews.com - April 13 at 10:11 AM
americanbankingnews.com logoZacks: Analysts Anticipate Dril-Quip, Inc. (DRQ) Will Announce Earnings of $0.03 Per Share
www.americanbankingnews.com - April 12 at 12:21 AM
finance.yahoo.com logoWhy Is Dril-Quip (DRQ) Down 10.1% Since the Last Earnings Report?
finance.yahoo.com - March 31 at 4:54 PM
americanbankingnews.com logoDril-Quip, Inc. (DRQ) Given Average Rating of "Hold" by Brokerages
www.americanbankingnews.com - March 31 at 12:43 PM
finance.yahoo.com logoWeakness Seen in Dril-Quip (DRQ) Estimates: Should You Stay Away?
finance.yahoo.com - March 30 at 5:15 PM
seekingalpha.com logoDril-Quip (DRQ) Presents At Scotia Howard Weil 45th Annual Energy Conference - Slideshow
seekingalpha.com - March 28 at 9:33 PM
americanbankingnews.com logoDril-Quip, Inc. (DRQ) Downgraded by Zacks Investment Research
www.americanbankingnews.com - March 27 at 9:44 AM
finance.yahoo.com logoDril-Quip, Inc. To Present At Scotia Howard Weil Energy Conference
finance.yahoo.com - March 23 at 5:23 PM
americanbankingnews.com logoDril-Quip, Inc. (DRQ) Rating Lowered to Sell at Zacks Investment Research
www.americanbankingnews.com - March 21 at 9:24 PM
nasdaq.com logoDril-Quip Names Jeffrey Bird CFO - Quick Facts
www.nasdaq.com - March 9 at 5:22 PM
finance.yahoo.com logoDril-Quip Announces Appointment Of Jeffrey Bird As Vice President And Chief Financial Officer
finance.yahoo.com - March 9 at 5:22 PM
finance.yahoo.com logo6:01 am Dril-Quip announces the appointment Of Jeffrey Bird as CFO effective Mar 13, 2017
finance.yahoo.com - March 9 at 5:22 PM
us.rd.yahoo.com logoDril-Quip downgraded by Guggenheim
us.rd.yahoo.com - March 1 at 4:33 PM
barrons.com logo[$$] Oil Services: One Pick, Two Pans
www.barrons.com - March 1 at 4:33 PM
rttnews.com logoDril-Quip Inc. Reveals 97% Fall In Q4 Bottom Line
www.rttnews.com - February 28 at 5:01 PM
nasdaq.com logoDril-Quip Says 2017 To Be Challenging Year; Reduces Headcount In Q1
www.nasdaq.com - February 28 at 5:01 PM
seekingalpha.com logoDril-Quip -7% following Q4 results, gloomy 2017 commentary
seekingalpha.com - February 28 at 10:49 AM
us.rd.yahoo.com logoDril-Quip, Inc. Announces Results For 4th Quarter & Year End 2016
us.rd.yahoo.com - February 28 at 8:11 AM
biz.yahoo.com logoDRIL-QUIP INC Files SEC form 10-K, Annual Report
us.rd.yahoo.com - February 28 at 8:11 AM
biz.yahoo.com logoDRIL-QUIP INC Files SEC form 8-K, Other Events
biz.yahoo.com - February 8 at 5:18 PM
finance.yahoo.com logoDril-Quip upgraded by Barclays
finance.yahoo.com - January 9 at 4:43 PM
zacks.com logoDril-Quip Purchases OilPatch Technologies for $20 Million
www.zacks.com - January 9 at 8:25 AM
seekingalpha.com logoDril-Quip buys riser maker OilPatch Technologies for $20M
seekingalpha.com - January 7 at 3:22 AM
streetinsider.com logoDril-Quip (DRQ) Acquires The Technologies Alliance for $20M
www.streetinsider.com - January 7 at 3:22 AM
us.rd.yahoo.com logo6:00 am Dril-Quip acquires OilPatch Technologies for approximately $20 million funded with cash on hand,
us.rd.yahoo.com - January 6 at 5:19 PM
barrons.com logo[$$] Stockpickers' Kingdom
www.barrons.com - December 10 at 10:58 AM
seekingalpha.com logoDril-Quip (DRQ) presents at BAML 2016 Global Energy Conference -Slideshow
seekingalpha.com - November 20 at 8:49 AM
finance.yahoo.com logoDril-Quip, Inc. to Present at Bank of America Merrill Lynch 2016 Global Energy Conference
finance.yahoo.com - November 15 at 5:03 PM

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Chart

Dril-Quip (DRQ) Chart for Thursday, May, 25, 2017

This page was last updated on 5/25/2017 by MarketBeat.com Staff