Superior Drilling Products - SDPI Stock Forecast, Price & News

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.
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1 Wall Street analysts have issued 1 year target prices for Superior Drilling Products' shares. Their SDPI share price forecasts range from $2.00 to $2.00. On average, they expect the company's stock price to reach $2.00 in the next year. This suggests a possible upside of 83.5% from the stock's current price.
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Superior Drilling Products saw a drop in short interest during the month of January. As of January 15th, there was short interest totaling 66,300 shares, a drop of 22.3% from the December 31st total of 85,300 shares. Based on an average daily trading volume, of 66,500 shares, the short-interest ratio is presently 1.0 days. Currently, 0.5% of the shares of the stock are short sold.
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The company is scheduled to release its next quarterly earnings announcement on Thursday, March 9th 2023.
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Superior Drilling Products, Inc. (NYSEAMERICAN:SDPI) released its quarterly earnings data on Friday, November, 11th. The oil and gas company reported $0.02 earnings per share (EPS) for the quarter. The oil and gas company had revenue of $5.17 million for the quarter. Superior Drilling Products had a negative net margin of 16.75% and a negative trailing twelve-month return on equity of 50.55%.

Superior Drilling Products issued an update on its FY 2022 earnings guidance on Wednesday, November, 16th. The company provided EPS guidance of for the period. The company issued revenue guidance of $22.00 million-$24.00 million, compared to the consensus revenue estimate of $23.30 million.

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).

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

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.
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One share of SDPI stock can currently be purchased for approximately $1.09.

Superior Drilling Products (NYSEAMERICAN:SDPI) has a market capitalization of $31.87 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.

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.