NYSEAMERICAN:SDPI - Superior Drilling Products Stock Price, Forecast & News

Superior Drilling Products trades on the New York Stock Exchange (NYSE)AMERICAN under the ticker symbol "SDPI."

Superior Drilling Products Inc (NYSEAMERICAN:SDPI) issued its quarterly earnings results on Thursday, November, 7th. The oil and gas company reported ($0.02) EPS for the quarter, missing the Zacks' consensus estimate of ($0.01) by $0.01. The oil and gas company earned $5.08 million during the quarter, compared to the consensus estimate of $4.94 million. View Superior Drilling Products' Earnings History.

Superior Drilling Products is scheduled to release their next quarterly earnings announcement on Thursday, March 5th 2020. View Earnings Estimates for Superior Drilling Products.

3 brokerages have issued 1-year price targets for Superior Drilling Products' stock. Their forecasts range from $1.00 to $1.50. On average, they expect Superior Drilling Products' stock price to reach $1.25 in the next twelve months. This suggests a possible upside of 92.3% from the stock's current price. View Analyst Price Targets for Superior Drilling Products.

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Superior Drilling Products in the last year. There are currently 3 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Superior Drilling Products.

News coverage about SDPI stock has been trending very positive this week, InfoTrie Sentiment reports. The research group rates the sentiment of press coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Superior Drilling Products earned a coverage optimism score of 4.0 on InfoTrie's scale. They also assigned news 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 stock's share price in the next few days. View News Stories for Superior Drilling Products.

Superior Drilling Products saw a decrease in short interest in the month of January. As of January 31st, there was short interest totalling 66,500 shares, a decrease of 24.1% from the January 15th total of 87,600 shares. Based on an average trading volume of 25,200 shares, the short-interest ratio is presently 2.6 days. Approximately 0.5% of the shares of the company are sold short. View Superior Drilling Products' Current Options Chain.

Some companies that are related to Superior Drilling Products include CWC Energy Services (CWC), Essential Energy Services (ESN), MATRRIX Energy Technologies (MXX), NXT Energy Solutions (SFD), Velocys (VLS), Valmec (VMX), Pressure Technologies (PRES), Vertex Resource Group (VTX), Gulf Marine Services (GMS), Raise Production (RPC), HTC Purenergy (HTC), Source Energy Services (SHLE), Enteq Upstream (NTQ), McCoy Global (MCB) and China New Energy (CNEL).

Based on aggregate information from My MarketBeat watchlists, some companies that other Superior Drilling Products investors own include Major Drilling Group Int'l (MDI), Aurora Cannabis (ACB), BCE (BCE), Robert Half International (RHI), TELUS (TU), Whiting Petroleum (WLL), Abeona Therapeutics (ABEO), Aileron Therapeutics (ALRN), Walgreens Boots Alliance (WBA) and Zynga (ZNGA).

Superior Drilling Products' stock is owned by a number of of institutional and retail investors. Top institutional shareholders include Punch & Associates Investment Management Inc. (1.86%). View Institutional Ownership Trends for Superior Drilling Products.

SDPI stock was purchased by a variety of institutional investors in the last quarter, including Punch & Associates Investment Management Inc.. View Insider Buying and Selling for Superior Drilling Products.

Shares of SDPI 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.

One share of SDPI stock can currently be purchased for approximately $0.65.

Superior Drilling Products has a market capitalization of $16.31 million. Superior Drilling Products employs 65 workers across the globe.View Additional Information About Superior Drilling Products.

The official website for Superior Drilling Products is http://www.sdpi.com/.

The oil and gas company can be reached via phone at 435-789-0594.