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

$54.36
0.00 (0.00 %)
(As of 09/20/2019 04:00 PM ET)
Today's Range
$54.0150
Now: $54.36
$55.27
50-Day Range
$44.14
MA: $48.47
$55.64
52-Week Range
$26.62
Now: $54.36
$56.71
Volume398,815 shs
Average Volume303,906 shs
Market Capitalization$1.97 billion
P/E RatioN/A
Dividend YieldN/A
Beta1.52
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$0.3317 per share
Book Value$30.64 per share

Profitability

Net Income$-95,690,000.00

Miscellaneous

Employees1,926
Market Cap$1.97 billion
Next Earnings Date10/24/2019 (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 has approved a stock buyback plan on Thursday, July 26th 2018, which allows the company to repurchase $100,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization allows the company to repurchase up to 4.7% of its stock through open market purchases. Stock repurchase plans are typically a sign that the company's board believes its stock is undervalued.

How were Dril-Quip's earnings last quarter?

Dril-Quip, Inc. (NYSE:DRQ) issued its quarterly earnings results on Thursday, July, 25th. The oil and gas company reported $0.03 EPS for the quarter, missing the consensus estimate of $0.04 by $0.01. The oil and gas company had revenue of $104 million for the quarter, compared to analysts' expectations of $97.19 million. Dril-Quip had a negative net margin of 23.06% and a negative return on equity of 1.04%. The firm's revenue was up 9.6% on a year-over-year basis. During the same quarter in the previous year, the firm posted ($0.24) earnings per share. 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 Thursday, October 24th 2019. View Earnings Estimates for Dril-Quip.

What price target have analysts set for DRQ?

5 brokers have issued 12-month target prices for Dril-Quip's shares. Their predictions range from $38.84 to $51.00. On average, they anticipate Dril-Quip's share price to reach $44.6133 in the next twelve months. This suggests that the stock has a possible downside of 17.9%. View Analyst Price Targets for Dril-Quip.

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

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Dril-Quip in the last year. There are currently 4 hold ratings and 1 buy rating 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 articles about DRQ stock have trended somewhat negative this week, InfoTrie reports. The research group ranks the sentiment of media coverage by analyzing 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 five, with scores nearest to five being the most favorable. Dril-Quip earned a news impact score of -1.3 on InfoTrie's scale. They also assigned news 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 next few days. View News Stories for Dril-Quip.

Are investors shorting Dril-Quip?

Dril-Quip saw a drop in short interest in August. As of August 31st, there was short interest totalling 3,238,800 shares, a drop of 7.6% from the July 31st total of 3,504,500 shares. Based on an average daily trading volume, of 330,200 shares, the days-to-cover ratio is presently 9.8 days. Currently, 9.0% of the shares of the stock are sold short. View Dril-Quip's Current Options Chain.

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 retail and institutional investors. Top institutional investors include BlackRock Inc. (15.20%), BlackRock Inc. (15.20%), Vanguard Group Inc. (10.76%), Kayne Anderson Rudnick Investment Management LLC (10.41%), Price T Rowe Associates Inc. MD (5.52%) and Fisher Asset Management LLC (4.83%). Company insiders that own Dril-Quip stock include A P Shukis, Blake T Deberry, James A Gariepy, James C Webster and Jeffrey J Bird. 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 Price T Rowe Associates Inc. MD, Investment Counselors of Maryland LLC, Renaissance Technologies LLC, JPMorgan Chase & Co., Balyasny Asset Management LLC, Bank of America Corp DE, BNP Paribas Arbitrage SA and Fisher Asset Management LLC. Company insiders that have sold Dril-Quip company stock in the last year include A P Shukis, Blake T Deberry, James A Gariepy, James C Webster and Jeffrey J Bird. View Insider Buying and Selling for Dril-Quip.

Which institutional investors are buying Dril-Quip stock?

DRQ stock was bought by a variety of institutional investors in the last quarter, including Waddell & Reed Financial Inc., Van ECK Associates Corp, Kayne Anderson Rudnick Investment Management LLC, Nuveen Asset Management LLC, Morgan Stanley, Vanguard Group Inc., Invesco Ltd. and KBC Group NV. 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 $54.36.

How big of a company is Dril-Quip?

Dril-Quip has a market capitalization of $1.97 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:  275 (Vote Outperform)
Underperform Votes:  493 (Vote Underperform)
Total Votes:  768
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 9/21/2019 by MarketBeat.com Staff

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