Drilling Tools International Co. (NASDAQ:DTI - Free Report) - Equities research analysts at Sidoti Csr lowered their Q1 2025 earnings estimates for shares of Drilling Tools International in a research report issued to clients and investors on Monday, March 17th. Sidoti Csr analyst S. Ferazani now anticipates that the company will post earnings of $0.04 per share for the quarter, down from their prior forecast of $0.08. The consensus estimate for Drilling Tools International's current full-year earnings is $0.38 per share. Sidoti Csr also issued estimates for Drilling Tools International's Q2 2025 earnings at $0.07 EPS and FY2026 earnings at $0.53 EPS.
Drilling Tools International (NASDAQ:DTI - Get Free Report) last announced its quarterly earnings data on Thursday, March 13th. The company reported $0.02 earnings per share for the quarter, topping analysts' consensus estimates of $0.01 by $0.01. Drilling Tools International had a net margin of 5.46% and a return on equity of 15.38%. The company had revenue of $39.85 million during the quarter, compared to analyst estimates of $38.99 million. During the same period in the previous year, the business earned $0.13 EPS.
Drilling Tools International Stock Performance
NASDAQ:DTI traded down $0.20 during trading hours on Tuesday, reaching $2.64. The company had a trading volume of 107,124 shares, compared to its average volume of 57,596. The company has a current ratio of 1.32, a quick ratio of 0.99 and a debt-to-equity ratio of 0.15. Drilling Tools International has a 52 week low of $2.50 and a 52 week high of $6.36. The firm has a market cap of $93.97 million, a price-to-earnings ratio of 9.43, a PEG ratio of 0.90 and a beta of -0.86. The firm's 50 day moving average price is $3.12 and its 200-day moving average price is $3.38.
Institutional Investors Weigh In On Drilling Tools International
A number of large investors have recently added to or reduced their stakes in the stock. Soltis Investment Advisors LLC bought a new stake in shares of Drilling Tools International during the 4th quarter valued at $36,000. Rhumbline Advisers grew its position in shares of Drilling Tools International by 42.8% during the 4th quarter. Rhumbline Advisers now owns 12,689 shares of the company's stock valued at $41,000 after acquiring an additional 3,806 shares during the period. Dimensional Fund Advisors LP bought a new stake in shares of Drilling Tools International during the 4th quarter valued at $43,000. BNP Paribas Financial Markets bought a new stake in shares of Drilling Tools International during the 4th quarter valued at $46,000. Finally, Wellington Management Group LLP bought a new stake in shares of Drilling Tools International during the 4th quarter valued at $52,000. Institutional investors own 2.79% of the company's stock.
About Drilling Tools International
(
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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.
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