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

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$49.75 -0.55 (-1.09 %)
(As of 08/17/2018 04:00 PM ET)
Previous Close$49.75
Today's Range$49.45 - $51.00
52-Week Range$35.85 - $58.95
Volume395,179 shs
Average Volume507,080 shs
Market Capitalization$1.94 billion
P/E Ratio191.35
Dividend YieldN/A
Beta0.81
Dril-Quip logoDril-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
SymbolNYSE:DRQ
CUSIP26203710
Phone713-939-7711

Debt

Debt-to-Equity RatioN/A
Current Ratio12.14
Quick Ratio8.85

Price-To-Earnings

Trailing P/E Ratio191.35
Forward P/E Ratio-73.16
P/E GrowthN/A

Sales & Book Value

Annual Sales$455.47 million
Price / Sales4.10
Cash Flow$1.2932 per share
Price / Cash38.47
Book Value$34.19 per share
Price / Book1.46

Profitability

EPS (Most Recent Fiscal Year)$0.26
Net Income$-100,630,000.00
Net Margins-27.63%
Return on Equity-1.19%
Return on Assets-1.11%

Miscellaneous

Employees2,355
Outstanding Shares37,550,000
Market Cap$1.94 billion

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 of Directors has authorized 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 shares through open market purchases. Shares repurchase plans are often an indication 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, July, 26th. The oil and gas company reported ($0.24) EPS for the quarter, missing the Zacks' consensus estimate of ($0.08) by $0.16. The oil and gas company earned $94.86 million during the quarter, compared to analysts' expectations of $94.76 million. Dril-Quip had a negative net margin of 27.63% and a negative return on equity of 1.19%. Dril-Quip's revenue for the quarter was down 25.8% compared to the same quarter last year. During the same period in the previous year, the business earned $0.09 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 Friday, October, 26th 2018. View Earnings Estimates for Dril-Quip.

What price target have analysts set for DRQ?

9 brokers have issued 12 month target prices for Dril-Quip's stock. Their forecasts range from $40.00 to $61.00. On average, they expect Dril-Quip's share price to reach $48.2857 in the next year. This suggests that the stock has a possible downside of 2.9%. View Analyst Price Targets for Dril-Quip.

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

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

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)

Has Dril-Quip been receiving favorable news coverage?

Media headlines about DRQ stock have trended somewhat positive recently, according to Accern Sentiment. Accern scores the sentiment of media coverage by analyzing more than 20 million news and blog sources in real time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Dril-Quip earned a daily sentiment score of 0.10 on Accern's scale. They also gave news articles about the oil and gas company an impact score of 46.69 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock's share price in the immediate future. View Recent Headlines for Dril-Quip.

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 BlackRock Inc. (11.59%), Dimensional Fund Advisors LP (8.41%), FMR LLC (7.59%), Fisher Asset Management LLC (2.85%), Bank of New York Mellon Corp (2.63%) and Macquarie Group Ltd. (1.94%). Company insiders that own Dril-Quip stock include A P Shukis, Blake T Deberry, James A Gariepy, James C Webster, Jeffrey J Bird and Jerry M Brooks. 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 FMR LLC, Wells Fargo & Company MN, Schroder Investment Management Group, Van ECK Associates Corp, Bank of New York Mellon Corp, Dimensional Fund Advisors LP, Sei Investments Co. and Nikko Asset Management Americas Inc.. 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 Fisher Asset Management LLC, Millennium Management LLC, BlackRock Inc., Waddell & Reed Financial Inc., Heartland Advisors Inc., Voya Investment Management LLC, Cullen Frost Bankers Inc. and Investment Counselors of Maryland LLC. 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 $49.75.

How big of a company is Dril-Quip?

Dril-Quip has a market capitalization of $1.94 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.

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:  225 (Vote Outperform)
Underperform Votes:  414 (Vote Underperform)
Total Votes:  639
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 8/18/2018 by MarketBeat.com Staff

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