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NYSE:DRQ - Dril-Quip Stock Price, Forecast & News

$44.91
+1.53 (+3.53 %)
(As of 12/6/2019 04:00 PM ET)
Today's Range
$43.46
Now: $44.91
$45.13
50-Day Range
$40.47
MA: $44.34
$49.88
52-Week Range
$26.62
Now: $44.91
$56.71
Volume401,912 shs
Average Volume415,303 shs
Market Capitalization$1.62 billion
P/E RatioN/A
Dividend YieldN/A
Beta1.5
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$0.35 per share
Book Value$30.64 per share

Profitability

Net Income$-95,690,000.00

Miscellaneous

Employees1,926
Market Cap$1.62 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 announced that its board has initiated a share repurchase plan on Thursday, July 26th 2018, which authorizes the company to repurchase $100,000,000.00 in shares, according to EventVestor. This repurchase authorization authorizes the company to purchase up to 4.7% of its stock through open market purchases. Stock repurchase plans are typically a sign that the company's board of directors believes its shares are undervalued.

How were Dril-Quip's earnings last quarter?

Dril-Quip, Inc. (NYSE:DRQ) announced its quarterly earnings data on Thursday, October, 24th. The oil and gas company reported ($0.07) EPS for the quarter, missing the 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 return on equity of 0.58% and a negative net margin of 19.96%. The firm's revenue for the quarter was up 16.1% on a year-over-year basis. During the same quarter in the prior year, the company 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?

8 analysts have issued 1 year price targets for Dril-Quip's stock. Their forecasts range from $38.84 to $53.00. On average, they expect Dril-Quip's stock price to reach $45.31 in the next twelve months. This suggests a possible upside of 0.9% from the stock's current price. View Analyst Price Targets for Dril-Quip.

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

8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Dril-Quip in the last year. There are currently 2 sell ratings, 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?

Media headlines about DRQ stock have been trending neutral this week, InfoTrie Sentiment Analysis reports. InfoTrie identifies negative and positive press coverage by reviewing more than six thousand news and blog sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Dril-Quip earned a media sentiment score of 0.2 on InfoTrie's scale. They also assigned headlines about the oil and gas company a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an effect on the stock'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 many different of institutional and retail investors. Top institutional investors include Fisher Asset Management LLC (4.81%), State Street Corp (3.23%), Gamco Investors INC. ET AL (1.59%), Boston Trust Walden Corp (1.52%), GW&K Investment Management LLC (1.08%) and Voya Investment Management LLC (0.80%). 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 institutional investors are selling Dril-Quip stock?

DRQ stock was sold by a variety of institutional investors in the last quarter, including State Street Corp, Gamco Investors INC. ET AL, SG Americas Securities LLC, Gabelli Funds LLC, Squarepoint Ops LLC, Nikko Asset Management Americas Inc., Sumitomo Mitsui Trust Holdings Inc. and Man Group plc. 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 institutional investors are buying Dril-Quip stock?

DRQ stock was acquired 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 $44.91.

How big of a company is Dril-Quip?

Dril-Quip has a market capitalization of $1.62 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:  290 (Vote Outperform)
Underperform Votes:  505 (Vote Underperform)
Total Votes:  795
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 12/7/2019 by MarketBeat.com Staff

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