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Dril-Quip Stock Price, Forecast & Analysis (NYSE:DRQ)

$43.59
-1.33 (-2.96 %)
(As of 11/19/2019 03:39 AM ET)
Today's Range
$43.53
Now: $43.59
$44.60
50-Day Range
$40.47
MA: $46.53
$51.83
52-Week Range
$26.62
Now: $43.59
$56.71
Volume261,417 shs
Average Volume424,120 shs
Market Capitalization$1.58 billion
P/E RatioN/A
Dividend YieldN/A
Beta1.47
Dril-Quip, Inc, together with its subsidiaries, designs, manufactures, sells, and services onshore and offshore drilling and production equipment for use in deepwater, harsh environment, and severe service applications worldwide. It operates through three segments: Western Hemisphere, Eastern Hemisphere, and Asia-Pacific. The company's principal products include subsea and surface wellheads, subsea and surface production trees, subsea control systems and manifolds, mudline hanger systems, specialty connectors and associated pipes, drilling and production riser systems, liner hangers, wellhead connectors, diverters, and safety valves, as well as consumable downhole products. Read More…

Industry, Sector and Symbol

Industry Oil & gas field machinery
Sub-IndustryOil & Gas Equipment & Services
SectorOils/Energy
CUSIP26203710
Phone713-939-7711

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$384.63 million
Cash Flow$0.33 per share
Book Value$30.20 per share

Profitability

Net Income$-95,690,000.00

Miscellaneous

Employees1,926
Market Cap$1.58 billion
Next Earnings Date2/25/2020 (Estimated)
OptionableOptionable

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Dril-Quip (NYSE:DRQ) Frequently Asked Questions

What is Dril-Quip's stock symbol?

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

How will Dril-Quip's stock buyback program work?

Dril-Quip declared that its Board of Directors has authorized a stock buyback program on Thursday, July 26th 2018, which authorizes the company to buyback $100,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization authorizes the company to repurchase up to 4.7% of its stock through open market purchases. Stock buyback programs are generally an indication that the company's board of directors believes its stock is undervalued.

How were Dril-Quip's earnings last quarter?

Dril-Quip, Inc. (NYSE:DRQ) announced its quarterly earnings results on Thursday, October, 24th. The oil and gas company reported ($0.07) EPS for the quarter, missing the Zacks' consensus estimate of $0.12 by $0.19. The oil and gas company had revenue of $108.23 million for the quarter, compared to analysts' expectations of $103.17 million. Dril-Quip had a negative net margin of 19.96% and a negative return on equity of 0.58%. The business's revenue was up 16.1% on a year-over-year basis. During the same quarter in the prior year, the business earned ($0.20) EPS. View Dril-Quip's Earnings History.

When is Dril-Quip's next earnings date?

Dril-Quip is scheduled to release their next quarterly earnings announcement on Tuesday, February 25th 2020. View Earnings Estimates for Dril-Quip.

What price target have analysts set for DRQ?

7 brokerages have issued 1-year price targets for Dril-Quip's stock. Their forecasts range from $38.84 to $53.00. On average, they anticipate Dril-Quip's stock price to reach $45.77 in the next year. This suggests a possible upside of 5.0% from the stock's current price. View Analyst Price Targets for Dril-Quip.

What is the consensus analysts' recommendation for Dril-Quip?

7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Dril-Quip in the last year. There are currently 1 sell rating, 4 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Dril-Quip.

Has Dril-Quip been receiving favorable news coverage?

News stories about DRQ stock have trended extremely negative this week, according to InfoTrie Sentiment Analysis. The research group rates the sentiment of media coverage by analyzing more than six thousand news and blog sources in real-time. The firm ranks coverage of companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Dril-Quip earned a news impact score of -4.6 on InfoTrie's scale. They also assigned media coverage about the oil and gas company a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an effect on the company's share price in the immediate future. View News Stories for Dril-Quip.

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

What other stocks do shareholders of Dril-Quip own?

Who are Dril-Quip's key executives?

Dril-Quip's management team includes the folowing people:
  • Mr. Blake T. DeBerry, Pres, CEO & Director (Age 59)
  • Mr. Jeffrey J. Bird, Sr. VP of Production Operations & CFO (Age 52)
  • Mr. James A. Gariepy, Sr. VP & COO (Age 62)
  • Mr. James C. Webster, VP, Gen. Counsel & Sec. (Age 49)
  • Mr. Raj Kumar, VP of Fin. & Chief Accounting Officer (Age 46)

Who are Dril-Quip's major shareholders?

Dril-Quip's stock is owned by a variety of of retail and institutional investors. Top institutional investors include Fisher Asset Management LLC (4.81%), Gamco Investors INC. ET AL (1.59%), Boston Trust Walden Corp (1.52%), GW&K Investment Management LLC (1.08%), California Public Employees Retirement System (0.39%) and Rhumbline Advisers (0.33%). Company insiders that own Dril-Quip stock include A P Shukis, Blake T Deberry, James A Gariepy, James C Webster, Jeffrey J Bird and Raj Kumar. View Institutional Ownership Trends for Dril-Quip.

Which major investors are selling Dril-Quip stock?

DRQ stock was sold by a variety of institutional investors in the last quarter, including Gamco Investors INC. ET AL, SG Americas Securities LLC, Gabelli Funds LLC, Nikko Asset Management Americas Inc., Sumitomo Mitsui Trust Holdings Inc., Fisher Asset Management LLC, HGK Asset Management Inc. and Virginia Retirement Systems ET AL. Company insiders that have sold Dril-Quip company stock in the last year include A P Shukis, Blake T Deberry, James C Webster, Jeffrey J Bird and Raj Kumar. View Insider Buying and Selling for Dril-Quip.

Which major investors are buying Dril-Quip stock?

DRQ stock was purchased by a variety of institutional investors in the last quarter, including GW&K Investment Management LLC, Boston Trust Walden Corp, California Public Employees Retirement System, Strs Ohio, State of Alaska Department of Revenue, Meeder Asset Management Inc., Nisa Investment Advisors LLC and State of Tennessee Treasury Department. View Insider Buying and Selling for Dril-Quip.

How do I buy shares of Dril-Quip?

Shares of DRQ can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity and Charles Schwab.

What is Dril-Quip's stock price today?

One share of DRQ stock can currently be purchased for approximately $43.59.

How big of a company is Dril-Quip?

Dril-Quip has a market capitalization of $1.58 billion and generates $384.63 million in revenue each year. The oil and gas company earns $-95,690,000.00 in net income (profit) each year or ($0.63) on an earnings per share basis. Dril-Quip employs 1,926 workers across the globe.View Additional Information About Dril-Quip.

What is Dril-Quip's official website?

The official website for Dril-Quip is http://www.dril-quip.com/.

How can I contact Dril-Quip?

Dril-Quip's mailing address is 6401 N. ELDRIDGE PARKWAY, HOUSTON TX, 77041. The oil and gas company can be reached via phone at 713-939-7711.


MarketBeat Community Rating for Dril-Quip (NYSE DRQ)

Community Ranking:  1.8 out of 5 (star)
Outperform Votes:  286 (Vote Outperform)
Underperform Votes:  501 (Vote Underperform)
Total Votes:  787
MarketBeat's community ratings are surveys of what our community members think about Dril-Quip and other stocks. Vote "Outperform" if you believe DRQ will outperform the S&P 500 over the long term. Vote "Underperform" if you believe DRQ will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 11/19/2019 by MarketBeat.com Staff

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