NYSEAMERICAN:SDPI Superior Drilling Products - SDPI Stock Forecast, Price & News Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium 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. $0.91 0.00 (0.00%) (As of 03/29/2023 12:00 AM ET) Add Compare Share Share Today's Range$0.90▼$0.9550-Day Range$0.67▼$0.8852-Week Range$0.62▼$1.34Volume23,928 shsAverage Volume93,421 shsMarket Capitalization$26.62 millionP/E RatioN/ADividend YieldN/APrice Target$2.00 ProfileAnalyst RatingsChartCompetitorsEarningsInsider TradesInstitutional OwnershipHeadlinesShort InterestSocial Media Superior Drilling Products MarketRank™ ForecastAnalyst RatingBuy3.00 Rating ScoreUpside/Downside119.7% Upside$2.00 Price TargetShort InterestHealthy0.28% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment1.00Based on 3 Articles This WeekInsider TradingAcquiring Shares$154,825 Bought Last QuarterProj. Earnings GrowthGrowingFrom ($0.05) to ($0.03) Per ShareSee 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.2.60 out of 5 stars 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 119.7% from its current price of $0.91.Amount of Analyst CoverageSuperior Drilling Products has only been the subject of 1 research reports in the past 90 days. Previous Next 5.0 Short Interest Percentage of Shares Shorted0.28% of the float of Superior Drilling Products has been sold short.Short Interest Ratio / Days to CoverSuperior Drilling Products has a short interest ratio ("days to cover") of 0.3, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Superior Drilling Products has recently decreased by 51.02%, indicating that investor sentiment is improving significantly. 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 3.3 News and Social Media Coverage News SentimentSuperior Drilling Products has a news sentiment score of 1.00. 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 0.45 average news sentiment score of Oils/Energy companies.News Coverage This WeekMarketBeat has tracked 3 news articles for Superior Drilling Products this week, compared to 0 articles on an average week.Search Interest3 people have searched for SDPI on MarketBeat in the last 30 days. This is an increase of 200% compared to the previous 30 days. Previous Next 3.3 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Superior Drilling Products insiders have bought more of their company's stock than they have sold. Specifically, they have bought $154,825.00 in company stock and sold $0.00 in company stock.Percentage Held by Insiders50.10% 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 9.52% of the stock of Superior Drilling Products is held by institutions. Previous Next 0.6 Earnings and Valuation Earnings GrowthEarnings for Superior Drilling Products are expected to grow in the coming year, from ($0.05) to ($0.03) per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Superior Drilling Products is -13.00, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of Superior Drilling Products is -13.00, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Book Value per Share RatioSuperior Drilling Products has a P/B Ratio of 5.69. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Superior Drilling Products (NYSEAMERICAN:SDPI) StockSuperior Drilling Products, Inc. engages in the manufacture, repair, sale and rental of drilling tools for the oil and natural gas drilling industry. Its drilling solutions include the patented Drill-N-Ream well bore conditioning tool, Strider oscillation system technology, completion tools, V-Stream, DR Stringer, and PDC Bit Repair. The firm also produces and refurbishes polycrystalline diamond compact drill bits for oil field service firms. The company was founded by Annette Deuel Meier and Gilbert Troy Meier in 1993 and is headquartered in Vernal, UT.Read More 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 Stock News HeadlinesMarch 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 StocksMarch 29, 2023 | Porter & Company (Ad)A strange force is brewing…An economic force with the potential to be bigger than the 1880s railroad boom, the 1920s automobile boom, the baby boom of the 1960s, or the Dotcom boom of the ‘90s. And while Biden has nothing to do with it… he’ll take full credit. February 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 GuidanceMarch 29, 2023 | The Oxford Club (Ad)My No. 1 dividend stock for a LIFETIME of income.Few people realize this… But dividends account for up to 90% of the stock market's returns over the past century! I think it's a crying shame folks don't know how powerful dividends are.October 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 TranscriptAugust 12, 2022 | finance.yahoo.comSuperior Drilling Products, Inc. Revenue Grew 34% to $4.5 million in Second Quarter 2022July 28, 2022 | finance.yahoo.comSuperior Drilling Products to Report Second Quarter 2022 Financial Results and Host Conference Call on August 12, 2022July 19, 2022 | seekingalpha.comSDPI Superior Drilling Products, Inc.June 29, 2022 | finance.yahoo.comSuperior Drilling Products, Inc. Secures International Distributor Relationship for Drill-N-Ream® Wellbore Conditioning SystemMay 19, 2022 | seekingalpha.comSuperior Drilling Products regains compliance with NYSE American continued listing standardsMay 13, 2022 | seekingalpha.comSuperior Drilling Products, Inc. (SDPI) CEO Troy Meier on Q1 2022 Results - Earnings Call TranscriptMay 13, 2022 | finance.yahoo.comSuperior Drilling Products, Inc. Revenue Grew 70% to $4.1 million in First Quarter 2022; Achieved EPS of $0.01May 12, 2022 | benzinga.comSuperior Drilling Products, Inc. Common Stock Earnings PreviewMay 10, 2022 | finance.yahoo.comStar Equity Issues Open Letter to Board of Superior Drilling ProductsApril 28, 2022 | finance.yahoo.comSuperior Drilling Products to Report First Quarter 2022 Financial Results and Host Conference Call on May 13March 13, 2022 | apnews.comCORRECTING and REPLACING Superior Drilling Products, Inc. Grew Revenue 156% and Achieved Earnings per Share of $0.02 in Fourth Quarter 2021March 11, 2022 | morningstar.comThinking about buying stock in Excellon Resources, Cellectis, Superior Drilling Products, Safe T Group, or Drive Shack?March 11, 2022 | finance.yahoo.comSuperior Drilling Products, Inc. Grew Revenue 156% and Achieved Earnings per Share of $0.02 in Fourth Quarter 2021March 3, 2022 | finance.yahoo.comSuperior Drilling Products to Report Fourth Quarter 2021 Financial Results and Host Conference Call on March 11See More Headlines View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart 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 Earnings3/11/2022Today3/29/2023Next Earnings (Estimated)5/11/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSEAMERICAN Industry Oil & Gas Field Machinery Sub-IndustryN/A SectorOils/Energy Current SymbolNYSEAMERICAN:SDPI Previous SymbolNASDAQ:SDPI CUSIPN/A CIKN/A Webwww.sdpi.com Phone(435) 789-0594FaxN/AEmployees58Year 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+119.7%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage1 Analysts Profitability EPS (Most Recent Fiscal Year)($0.07) Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet Income$-3,430,000.00 Net Margins-16.75% Pretax Margin-15.92% Return on Equity-50.55% Return on Assets-13.94% Debt Debt-to-Equity Ratio1.47 Current Ratio1.34 Quick Ratio1.10 Sales & Book Value Annual Sales$10.47 million Price / Sales2.54 Cash FlowN/A Price / Cash FlowN/A Book Value$0.16 per share Price / Book5.69Miscellaneous Outstanding Shares29,243,000Free Float14,056,000Market Cap$26.62 million OptionableNot Optionable Beta0.13 Key ExecutivesGilbert Troy MeierChairman & Chief Executive OfficerAnnette Deuel MeierPresident, COO, Secretary & DirectorChristopher D. CashionChief Financial OfficerCharles Perry MatulaVice President-Business DevelopmentTony BenjaminDirector-Human ResourcesKey CompetitorsWeatherford InternationalOTCMKTS:WFTIQKoil Energy SolutionsOTCMKTS:DPDWWeatherford InternationalOTCMKTS:WFTIFProfire EnergyNASDAQ:PFIEMesa Royalty TrustNYSE:MTRView All CompetitorsInsidersJeffrey E EberweinBought 50,000 shares on 3/24/2023Total: $42,000.00 ($0.84/share)Jeffrey E EberweinBought 15,571 shares on 3/14/2023Total: $15,259.58 ($0.98/share)Jeffrey E EberweinBought 84,303 shares on 2/17/2023Total: $81,773.91 ($0.97/share)Jeffrey E EberweinBought 16,114 shares on 2/15/2023Total: $15,791.72 ($0.98/share)Jeffrey E EberweinBought 4,630 shares on 12/19/2022Total: $3,704.00 ($0.80/share)View All Insider 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 twelve months. 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 research analysts have issued 1-year target prices for Superior Drilling Products' stock. 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 119.7% from the stock's current price. View analysts price targets for SDPI or view top-rated stocks among Wall Street analysts. Are investors shorting Superior Drilling Products? Superior Drilling Products saw a decline in short interest in March. As of March 15th, there was short interest totaling 31,200 shares, a decline of 51.0% from the February 28th total of 63,700 shares. Based on an average daily volume of 90,400 shares, the days-to-cover ratio is presently 0.3 days. Approximately 0.3% of the shares of the stock are sold short. View Superior Drilling Products' Short Interest. When is Superior Drilling Products' next earnings date? The company is scheduled to release its next quarterly earnings announcement on Thursday, May 11th 2023. View our SDPI earnings forecast. How were Superior Drilling Products' earnings last quarter? Superior Drilling Products, Inc. (NYSEAMERICAN:SDPI) posted its quarterly earnings data on Friday, March, 11th. The oil and gas company reported $0.02 EPS for the quarter, topping the consensus estimate of ($0.01) by $0.03. The oil and gas company had revenue of $3.95 million for the quarter. Superior Drilling Products had a negative trailing twelve-month return on equity of 50.55% and a negative net margin of 16.75%. What guidance has Superior Drilling Products issued on next quarter's earnings? Superior Drilling Products updated its FY 2022 earnings guidance on Tuesday, February, 14th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $19.00 million-$19.20 million, compared to the consensus revenue estimate of $26.60 million. What other stocks do shareholders of Superior Drilling Products own? Based on aggregate information from My MarketBeat watchlists, some companies that other Superior Drilling Products investors own include Major Drilling Group International (MDI), Aurora Cannabis (ACB), BCE (BCE), Robert Half International (RHI), TELUS (TU), Whiting Petroleum (WLL), Zynga (ZNGA), Abeona Therapeutics (ABEO), Aileron Therapeutics (ALRN) and Canadian Natural Resources (CNQ). What is Superior Drilling Products' stock symbol? Superior Drilling Products trades on the New York Stock Exchange (NYSE)AMERICAN under the ticker symbol "SDPI." 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 $0.91. How much money does Superior Drilling Products make? Superior Drilling Products (NYSEAMERICAN:SDPI) has a market capitalization of $26.62 million and generates $10.47 million in revenue each year. The oil and gas company earns $-3,430,000.00 in net income (profit) each year or ($0.07) 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. The official website for the company is www.sdpi.com. The oil and gas company can be reached via phone at (435) 789-0594 or via email at dpawlowski@keiadvisors.com. This page (NYSEAMERICAN:SDPI) was last updated on 3/29/2023 by MarketBeat.com Staff Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. 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