Drilling Tools International (NASDAQ:DTI - Get Free Report) announced its quarterly earnings data on Thursday. The company reported $0.02 EPS for the quarter, beating analysts' consensus estimates of $0.01 by $0.01, Zacks reports. The firm had revenue of $39.85 million for the quarter, compared to analyst estimates of $38.99 million. Drilling Tools International had a return on equity of 15.38% and a net margin of 5.46%. During the same period last year, the company earned $0.13 EPS. Drilling Tools International updated its FY 2025 guidance to EPS.
Drilling Tools International Trading Down 0.4 %
Shares of NASDAQ:DTI traded down $0.01 during midday trading on Friday, hitting $2.70. The company had a trading volume of 256,693 shares, compared to its average volume of 56,529. Drilling Tools International has a 12 month low of $2.50 and a 12 month high of $6.36. The company has a current ratio of 1.32, a quick ratio of 0.99 and a debt-to-equity ratio of 0.15. The stock has a market cap of $96.10 million, a price-to-earnings ratio of 9.64, a PEG ratio of 0.90 and a beta of -0.86. The firm has a fifty day simple moving average of $3.19 and a 200 day simple moving average of $3.43.
Wall Street Analyst Weigh In
Separately, Alliance Global Partners decreased their price objective on Drilling Tools International from $7.50 to $5.50 and set a "buy" rating on the stock in a research report on Friday, November 15th.
Get Our Latest Research Report on DTI
Drilling Tools International Company Profile
(
Get Free Report)
Drilling Tools International Corporation provides oilfield equipment and services to oil and natural gas sectors in North America, Europe, and the Middle East. It offers downhole tool rentals, machining, and inspection services to support the global drilling and wellbore construction industry. The company also provides products are bottom hole assembly components, such as stabilizers, subs, non-magnetic and steel drill collars, hole openers, and roller reamers, as well as drill pipe and drill pipe accessories; ancillary equipment and handling tools to support its rental platform, including float valves, ring gauges, tool baskets, lift bail, lift subs, mud magnets, elevators, bracket and bail assemblies, slips, tongs, stabbing guides and safety clamps; and blowout preventers, and pressure control accessory equipment.
Further Reading
Before you consider Drilling Tools International, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Drilling Tools International wasn't on the list.
While Drilling Tools International currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Looking for the next FAANG stock before everyone has heard about it? Enter your email address to see which stocks MarketBeat analysts think might become the next trillion dollar tech company.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
