NYSE:SDPI Superior Drilling Products (SDPI) Stock Forecast, Price & News $0.81 +0.02 (+2.53%) (As of 09/22/2023 ET) Add Compare Share Share Today's Range$0.78▼$0.8150-Day Range$0.78▼$1.8052-Week Range$0.62▼$2.21Volume49,825 shsAverage Volume74,139 shsMarket Capitalization$24.68 millionP/E Ratio9.02Dividend YieldN/APrice Target$2.00 ProfileProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesSEC FilingsSocial MediaProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesSEC FilingsSocial Media Superior Drilling Products MarketRank™ ForecastAnalyst RatingBuy3.00 Rating ScoreUpside/Downside146.3% Upside$2.00 Price TargetShort InterestN/ADividend StrengthN/ASustainabilityN/ANews SentimentN/AInsider TradingAcquiring Shares$118,499 Bought Last QuarterProj. Earnings GrowthN/ASee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.40 out of 5 starsOils/Energy Sector96th out of 231 stocksOil & Gas Field Machinery Industry6th out of 12 stocks 3.5 Analyst's Opinion Consensus RatingSuperior Drilling Products has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 1 buy rating, no hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $2.00, Superior Drilling Products has a forecasted upside of 146.3% from its current price of $0.81.Amount of Analyst CoverageSuperior Drilling Products has received no research coverage in the past 90 days. Previous Next N/A Short Interest Short InterestThere is no current short interest data available for SDPI. Previous Next 0.0 Dividend Strength Dividend YieldSuperior Drilling Products does not currently pay a dividend.Dividend GrowthSuperior Drilling Products does not have a long track record of dividend growth. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for SDPI. Previous Next 2.9 News and Social Media Coverage News SentimentSuperior Drilling Products has a news sentiment score of 1.14. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.67 average news sentiment score of Oils/Energy companies.News Coverage This WeekMarketBeat has tracked 1 news article for Superior Drilling Products this week, compared to 0 articles on an average week. Previous Next 3.3 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Superior Drilling Products insiders have bought 95.11% more of their company's stock than they have sold. Specifically, they have bought $118,499.00 in company stock and sold $60,736.00 in company stock.Percentage Held by Insiders51.10% of the stock of Superior Drilling Products is held by insiders. A high percentage of insider ownership can be a sign of company health.Percentage Held by InstitutionsOnly 14.82% of the stock of Superior Drilling Products is held by institutions. Previous Next 1.3 Earnings and Valuation Price to Earnings Ratio vs. the MarketThe P/E ratio of Superior Drilling Products is 9.02, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 118.77.Price to Earnings Ratio vs. SectorThe P/E ratio of Superior Drilling Products is 9.02, which means that it is trading at a less expensive P/E ratio than the Oils/Energy sector average P/E ratio of about 13.87.Price to Book Value per Share RatioSuperior Drilling Products has a P/B Ratio of 2.90. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Superior Drilling Products (NYSE:SDPI) StockSuperior Drilling Products, Inc., a drilling and completion tool technology company, designs, engineers, manufactures, sells, rents, and repairs drilling and completion tools in North America and internationally. Its drilling solutions include Drill-N-Ream, a dual-section wellbore conditioning tool; Strider, a drill string oscillation system technology; and V-Stream, an advanced conditioning system. The company also engages in the manufacture and refurbishment of polycrystalline diamond compact drill bits for an oil field services company. It serves oil and natural gas drilling industry. The company was formerly known as SD Company, Inc. and changed its name to Superior Drilling Products, Inc. in May 2014. Superior Drilling Products, Inc. was founded in 1993 and is headquartered in Vernal, Utah.Read More SDPI Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart SDPI Stock News HeadlinesSeptember 19, 2023 | finance.yahoo.comSuperior Drilling Products, Inc. to Webcast Presentation at iAccess Alpha's Virtual Microcap ConferenceAugust 15, 2023 | finance.yahoo.comQ2 2023 Superior Drilling Products Inc Earnings CallSeptember 24, 2023 | Behind the Markets (Ad)BREAKING: Tiny biotech successfully treats blindnessThere's a tiny biotech in Cambridge that's using a breakthrough technology to treat blindness. This company has already shown success in human trials... And Our research shows that anyone who gets in today could see a 46,751% return.August 14, 2023 | finance.yahoo.comSuperior Drilling Products, Inc. Revenue Grew 18% to $5.4 million with Earnings per Share of $0.01 in Second Quarter 2023August 2, 2023 | benzinga.comSuperior Drilling Prods 10% Owner Sold $74K In Company StockJuly 31, 2023 | finance.yahoo.comSuperior Drilling Products to Report Second Quarter 2023 Financial Results and Host Conference Call on August 14July 27, 2023 | benzinga.comSuperior Drilling Prods 10% Owner Sold $782K In Company StockMay 22, 2023 | msn.comSuperior Drilling Products pops on plan to explore strategic alternativesSeptember 24, 2023 | Behind the Markets (Ad)Laser breakthrough could send stock soaring 2,467%Laser breakthrough could send stock soaring 2,476% Whenever the military develops a breakthrough technology, timely investors could see groundbreaking returns. General Dynamics returned 8,990%... Boeing soared 4,238%... L3Harris shot up 1,628%...May 22, 2023 | finance.yahoo.comSuperior Drilling Products, Inc. Retains Piper Sandler & Co. as Financial Advisor to Evaluate Strategic AlternativesMay 12, 2023 | msn.comEF Hutton Reiterates Superior Drilling Products (SDPI) Buy RecommendationMay 12, 2023 | finance.yahoo.comSuperior Drilling Products, Inc. (AMEX:SDPI) Q1 2023 Earnings Call TranscriptMay 11, 2023 | finance.yahoo.comSuperior Drilling Products, Inc. Revenue Grew 52% to $6.3 million with Expanded Margins and Earnings per Share of $0.05 in First Quarter 2023May 9, 2023 | finance.yahoo.comStar Equity Fund Issues Open Letter to Board of Superior Drilling ProductsApril 27, 2023 | finance.yahoo.comSuperior Drilling Products to Report First Quarter 2023 Financial Results and Host Conference Call on May 11March 12, 2023 | insidermonkey.comSuperior Drilling Products, Inc. (AMEX:SDPI) Q4 2022 Earnings Call TranscriptMarch 10, 2023 | finance.yahoo.comSuperior Drilling Products, Inc. Delivers Revenue Growth of 43% to $19.1 million with Expanded Margins and Earnings per Share of $0.04 in 2022February 24, 2023 | msn.comInsiders Buying Superior Drilling Products And 2 Other Penny StocksFebruary 23, 2023 | finance.yahoo.comSuperior Drilling Products to Report Fourth Quarter 2022 Financial Results and Host Conference Call on March 10February 14, 2023 | finance.yahoo.comSuperior Drilling Products, Inc. Announces Preliminary Full Year 2022 Revenue Growth of Approximately 44%; 2023 Initial Revenue Guidance Suggests Further GrowthNovember 11, 2022 | finance.yahoo.comSuperior Drilling Products, Inc. Delivers Revenue Growth of 45% to $5.2 million with Expanded Margins in Third Quarter 2022October 31, 2022 | finance.yahoo.comSuperior Drilling Products to Report Third Quarter 2022 Financial Results and Host Conference Call on November 11, 2022October 12, 2022 | finance.yahoo.comSuperior Drilling Products, Inc. Updates Third Quarter 2022 Expectations and Reaffirms Full Year 2022 GuidanceOctober 6, 2022 | finance.yahoo.comSuperior Drilling Products, Inc. to Webcast Presentation at the MicroCap Rodeo Windy City Roundup ConferenceSeptember 12, 2022 | 247wallst.comStar Equity Pushes Strategic Options to Superior DrillingAugust 14, 2022 | uk.investing.comSuperior Drilling Products Tops Q2 EPS by 1cAugust 12, 2022 | seekingalpha.comSuperior Drilling Products, Inc. (SDPI) CEO Troy Meier on Q2 2022 Results - Earnings Call TranscriptSee More Headlines Receive SDPI Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Superior Drilling Products and its competitors with MarketBeat's FREE daily newsletter. Email Address SDPI Company Calendar Last Earnings8/14/2023Today9/23/2023Next Earnings (Estimated)11/09/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE Industry Oil & gas field machinery Sub-IndustryN/A SectorOils/Energy Current SymbolNYSE:SDPI CUSIPN/A CIK1600422 Webwww.sdpi.com Phone435-789-0594FaxN/AEmployees86Year FoundedN/APrice Target and Rating Average Stock Price Forecast$2.00 High Stock Price Forecast$2.00 Low Stock Price Forecast$2.00 Forecasted Upside/Downside+146.3%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage1 Analysts Profitability EPS (Most Recent Fiscal Year)$0.09 Trailing P/E Ratio9.02 Forward P/E RatioN/A P/E GrowthN/ANet Income$1.07 million Net Margins12.72% Pretax Margin14.15% Return on Equity32.51% Return on Assets15.14% Debt Debt-to-Equity Ratio0.43 Current Ratio1.75 Quick Ratio1.17 Sales & Book Value Annual Sales$19.10 million Price / Sales1.29 Cash Flow$0.10 per share Price / Cash Flow8.16 Book Value$0.28 per share Price / Book2.90Miscellaneous Outstanding Shares30,400,000Free Float14,865,000Market Cap$24.68 million OptionableNot Optionable Beta0.26 7 Stocks to Buy And Hold ForeverClick the link below and we'll send you MarketBeat's list of seven stocks and why their long-term outlooks are very promising. Get This Free Report Key ExecutivesMr. G. Troy Meier (Age 62)Co-Founder, Chairman & CEO Comp: $477.37kMs. Annette D. Meier (Age 60)Co-Founder, Pres, COO & Director Comp: $424.77kMr. Christopher D. Cashion (Age 67)Chief Financial Officer Comp: $302.37kMr. Tony BenjaminHR DirectorMr. David Gale (Age 47)VP of Operations Key CompetitorsOcean Power TechnologiesNASDAQ:OPTTHeliogenNYSE:HLGNHouston American EnergyNYSE:HUSABarnwell IndustriesNYSE:BRNMexco EnergyNYSE:MXCView All CompetitorsInsiders & InstitutionsCitadel Advisors LLCBought 69,072 shares on 8/15/2023Ownership: 0.236%Jeffrey E EberweinSold 5,262 sharesTotal: $7,051.08 ($1.34/share)Renaissance Technologies LLCBought 13,636 shares on 8/11/2023Ownership: 1.378%Jeffrey E EberweinSold 1,614 sharesTotal: $2,178.90 ($1.35/share)Jeffrey E EberweinSold 3,180 sharesTotal: $4,420.20 ($1.39/share)View All Insider TransactionsView All Institutional Transactions SDPI Stock - Frequently Asked Questions Should I buy or sell Superior Drilling Products stock right now? 1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Superior Drilling Products in the last year. There are currently 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "buy" SDPI shares. View SDPI analyst ratings or view top-rated stocks. What is Superior Drilling Products' stock price forecast for 2023? 1 Wall Street analysts have issued 1-year price targets for Superior Drilling Products' shares. Their SDPI share price forecasts range from $2.00 to $2.00. On average, they expect the company's share price to reach $2.00 in the next twelve months. This suggests a possible upside of 146.3% from the stock's current price. View analysts price targets for SDPI or view top-rated stocks among Wall Street analysts. How have SDPI shares performed in 2023? Superior Drilling Products' stock was trading at $0.9191 at the start of the year. Since then, SDPI stock has decreased by 11.7% and is now trading at $0.8120. View the best growth stocks for 2023 here. When is Superior Drilling Products' next earnings date? The company is scheduled to release its next quarterly earnings announcement on Thursday, November 9th 2023. View our SDPI earnings forecast. How were Superior Drilling Products' earnings last quarter? Superior Drilling Products, Inc. (NYSE:SDPI) released its quarterly earnings data on Monday, August, 14th. The company reported $0.01 EPS for the quarter, missing analysts' consensus estimates of $0.03 by $0.02. The company had revenue of $5.37 million for the quarter. Superior Drilling Products had a trailing twelve-month return on equity of 32.51% and a net margin of 12.72%. What guidance has Superior Drilling Products issued on next quarter's earnings? Superior Drilling Products issued an update on its FY 2023 earnings guidance on Monday, August, 14th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $22.00 million-$24.00 million, compared to the consensus revenue estimate of $25.03 million. What is Superior Drilling Products' stock symbol? Superior Drilling Products trades on the New York Stock Exchange (NYSE) under the ticker symbol "SDPI." Who are Superior Drilling Products' major shareholders? Superior Drilling Products' stock is owned by a number of retail and institutional investors. Top institutional investors include Renaissance Technologies LLC (1.38%) and Citadel Advisors LLC (0.24%). View institutional ownership trends. How do I buy shares of Superior Drilling Products? Shares of SDPI stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. What is Superior Drilling Products' stock price today? One share of SDPI stock can currently be purchased for approximately $0.81. How much money does Superior Drilling Products make? Superior Drilling Products (NYSE:SDPI) has a market capitalization of $24.68 million and generates $19.10 million in revenue each year. The company earns $1.07 million in net income (profit) each year or $0.09 on an earnings per share basis. How can I contact Superior Drilling Products? Superior Drilling Products' mailing address is 1583 South 1700 East, Vernal, UT 84078, United States. The official website for the company is www.sdpi.com. The company can be reached via phone at 435-789-0594 or via email at dpawlowski@keiadvisors.com. This page (NYSE:SDPI) was last updated on 9/24/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Superior Drilling Products, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. 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