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

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$42.08 +0.21 (+0.50 %)
(As of 11/19/2018 02:38 PM ET)
Previous Close$41.87
Today's Range$41.47 - $42.56
52-Week Range$38.40 - $58.95
Volume228,678 shs
Average Volume435,035 shs
Market Capitalization$1.50 billion
P/E Ratio161.85
Dividend YieldN/A
Beta1.07
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. It also provides technical advisory services, and rework and reconditioning services, as well as rental and purchase of running tools for use in the installation and retrieval of the its products. The company's products are used to explore for oil and gas from offshore drilling rigs, such as floating rigs and jack-up rigs; and for drilling and production of oil and gas wells on offshore platforms, tension leg platforms, and Spars, as well as moored vessels, such as floating production, storage, and offloading monohull moored vessels. It sells its products directly through its sales personnel, independent sales agents, and representatives to integrated, independent, and foreign national oil and gas companies, as well as drilling contractors, and engineering and construction companies. Dril-Quip, Inc. was founded in 1981 and is headquartered in Houston, Texas.

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Industry, Sector and Symbol

Stock Exchange NYSE
Industry Oil & gas field machinery
Sub-IndustryOil & Gas Equipment & Services
SectorOils/Energy
Current SymbolNYSE:DRQ
Previous Symbol
CUSIP26203710
Phone713-939-7711

Debt

Debt-to-Equity RatioN/A
Current Ratio13.15
Quick Ratio9.60

Price-To-Earnings

Trailing P/E Ratio161.85
Forward P/E Ratio-53.27
P/E GrowthN/A

Sales & Book Value

Annual Sales$455.47 million
Price / Sales3.31
Cash Flow$1.3483 per share
Price / Cash31.21
Book Value$34.19 per share
Price / Book1.23

Profitability

EPS (Most Recent Fiscal Year)$0.26
Net Income$-100,630,000.00
Net Margins-23.34%
Return on Equity-1.95%
Return on Assets-1.81%

Miscellaneous

Employees2,355
Outstanding Shares35,780,000
Market Cap$1.50 billion
OptionableOptionable

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 initiated a share buyback plan on Thursday, July 26th 2018, which authorizes the company to buyback $100,000,000.00 in shares, according to EventVestor. This buyback authorization authorizes the company to repurchase up to 4.7% of its shares through open market purchases. Shares buyback plans are typically an indication that the company's board believes its shares are undervalued.

How were Dril-Quip's earnings last quarter?

Dril-Quip, Inc. (NYSE:DRQ) posted its quarterly earnings results on Thursday, October, 25th. The oil and gas company reported ($0.20) EPS for the quarter, topping the consensus estimate of ($0.21) by $0.01. The oil and gas company earned $93.26 million during the quarter, compared to the consensus estimate of $85.96 million. Dril-Quip had a negative net margin of 23.34% and a negative return on equity of 1.95%. 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 26th 2019. View Earnings Estimates for Dril-Quip.

What price target have analysts set for DRQ?

6 Wall Street analysts have issued twelve-month price objectives for Dril-Quip's shares. Their forecasts range from $39.00 to $58.00. On average, they anticipate Dril-Quip's stock price to reach $45.40 in the next year. This suggests a possible upside of 8.7% from the stock's current price. View Analyst Price Targets for Dril-Quip.

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

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Dril-Quip in the last year. There are currently 2 sell ratings and 4 hold 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 coverage about DRQ stock has trended very positive on Monday, according to InfoTrie. The research firm identifies negative and positive press coverage by monitoring more than six thousand blog and news 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 media sentiment score of 3.1 on InfoTrie's scale. They also gave headlines about the oil and gas company a news buzz of 10.0 out of 10, indicating that recent press coverage is extremely likely to have an impact on the company's share price in the near future.

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

Who are Dril-Quip's key executives?

Dril-Quip's management team includes the folowing people:
  • Mr. Blake T. DeBerry, Pres, CEO & Director (Age 58)
  • Mr. Jeffrey J. Bird, VP, CFO & Principal Accounting Officer (Age 51)
  • Mr. James A. Gariepy, Sr. VP & COO (Age 61)
  • Mr. James C. Webster, VP, Gen. Counsel & Sec. (Age 48)

Who are Dril-Quip's major shareholders?

Dril-Quip's stock is owned by many different of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (12.11%), Dimensional Fund Advisors LP (8.81%), Alliancebernstein L.P. (6.15%), FMR LLC (4.97%), Fisher Asset Management LLC (4.49%) and Bank of New York Mellon Corp (2.70%). 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 major investors are selling Dril-Quip stock?

DRQ stock was sold by a variety of institutional investors in the last quarter, including FMR LLC, Deutsche Bank AG, Renaissance Technologies LLC, Dalton Greiner Hartman Maher & Co., Speece Thorson Capital Group Inc., Schroder Investment Management Group, Macquarie Group Ltd. and Canada Pension Plan Investment Board. 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 major investors are buying Dril-Quip stock?

DRQ stock was acquired by a variety of institutional investors in the last quarter, including Fisher Asset Management LLC, Alliancebernstein L.P., TVR Capital Management LP, Gamco Investors INC. ET AL, Russell Investments Group Ltd., Paloma Partners Management Co, SG Americas Securities LLC and First Hawaiian Bank. 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, Scottrade, Fidelity and Charles Schwab.

What is Dril-Quip's stock price today?

One share of DRQ stock can currently be purchased for approximately $41.76.

How big of a company is Dril-Quip?

Dril-Quip has a market capitalization of $1.50 billion and generates $455.47 million in revenue each year. The oil and gas company earns $-100,630,000.00 in net income (profit) each year or $0.26 on an earnings per share basis. Dril-Quip employs 2,355 workers across the globe.

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:  235 (Vote Outperform)
Underperform Votes:  435 (Vote Underperform)
Total Votes:  670
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 11/19/2018 by MarketBeat.com Staff

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