Drilling Tools International (DTI) Stock Price, News & Analysis

Company Overview

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. In addition, it offers tool rental services, which consists of rental, inspection, machining, and repair services; rents downhole drilling tools used in horizontal and directional drilling of oil and natural gas; rents kellys, pip joints, work strings; maintains a fleet of rental equipment consisting of drill collars, stabilizers, crossover subs, wellbore conditioning tools, drill pipe, hevi-wate drill pipe, and tubing; rents surface control equipment, such as blowout preventers and handling tools; and provides downhole products for producing wells. Drilling Tools International Corporation is headquartered in Houston, Texas.

Key Stats

• Today's Range: $2.69 to $2.74
• 50-Day Range: $2.64 to $3.62
• 52-Week Range: $2.53 to $6.36
• Volume: 19,393 shs
• Average Volume: 57,445 shs
• Market Capitalization: $96.10 million
• P/E Ratio: 9.64
• Dividend Yield: N/A
• Price Target: $5.50
• Consensus Rating: Buy

Drilling Tools International Stock Analysis - MarketRank™

Drilling Tools International scored higher than 72% of companies evaluated by MarketBeat, and ranked 111th out of 264 stocks in the energy sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.5 / 5
• Analyst Rating: Buy

Consensus Rating

Drilling Tools International 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.

Amount of Analyst Coverage

Drilling Tools International has received no research coverage in the past 90 days.

Earnings and Valuation

• Score: 3.8 / 5
• Proj. Earnings Growth: 5.26%

Earnings Growth

Earnings for Drilling Tools International are expected to grow by 5.26% in the coming year, from $0.38 to $0.40 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Drilling Tools International is 9.64, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 23.48.

Price to Earnings Ratio vs. Sector

The P/E ratio of Drilling Tools International is 9.64, which means that it is trading at a less expensive P/E ratio than the Energy sector average P/E ratio of about 45.69.

Price to Earnings Growth Ratio

Drilling Tools International has a PEG Ratio of 0.90. PEG Ratios below 1 indicate that a company could be undervalued.

Price to Book Value per Share Ratio

Drilling Tools International has a P/B Ratio of 0.91. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Short Interest

• Score: 3.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

1.19% of the float of Drilling Tools International has been sold short.

Short Interest Ratio / Days to Cover

Drilling Tools International has a short interest ratio ("days to cover") of 8.5.

Change versus previous month

Short interest in Drilling Tools International has recently decreased by 0.99%, indicating that investor sentiment is improving.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

Drilling Tools International does not currently pay a dividend.

Dividend Growth

Drilling Tools International does not have a long track record of dividend growth.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

1.19% of the float of Drilling Tools International has been sold short.

Short Interest Ratio / Days to Cover

Drilling Tools International has a short interest ratio ("days to cover") of 8.5.

Change versus previous month

Short interest in Drilling Tools International has recently decreased by 0.99%, indicating that investor sentiment is improving.

News and Social Media

• Score: 0.8 / 5
• News Sentiment: -0.50

News Sentiment

Drilling Tools International has a news sentiment score of -0.50. 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 lower news sentiment than the 0.74 average news sentiment score of Energy companies.

News Coverage This Week

MarketBeat has tracked 11 news articles for Drilling Tools International this week, compared to 1 article on an average week.

Company Ownership

• Score: 0.8 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Drilling Tools International insiders have not sold or bought any company stock.

Percentage Held by Insiders

14.68% of the stock of Drilling Tools International is held by insiders. A high percentage of insider ownership can be a sign of company health.

Percentage Held by Institutions

Only 2.79% of the stock of Drilling Tools International is held by institutions.

DTI Stock Analysis - Frequently Asked Questions

How have DTI shares performed this year?

Drilling Tools International's stock was trading at $3.27 on January 1st, 2025. Since then, DTI shares have decreased by 17.4% and is now trading at $2.70.
View the best growth stocks for 2025 here.

How were Drilling Tools International's earnings last quarter?

Drilling Tools International Co. (NASDAQ:DTI) issued its quarterly earnings results on Thursday, March, 13th. The company reported $0.02 EPS for the quarter, beating analysts' consensus estimates of $0.01 by $0.01. The company earned $39.85 million during the quarter, compared to the consensus estimate of $38.99 million. Drilling Tools International had a trailing twelve-month return on equity of 15.38% and a net margin of 5.46%.

Who are Drilling Tools International's major shareholders?

Top institutional shareholders of Drilling Tools International include Global Retirement Partners LLC (0.22%), Cresset Asset Management LLC (0.22%), Northern Trust Corp (0.21%) and JPMorgan Chase & Co. (0.12%).
View institutional ownership trends.

How do I buy shares of Drilling Tools International?

Shares of DTI stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

What other stocks do shareholders of Drilling Tools International own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Drilling Tools International investors own include Tesla (TSLA), JPMorgan Chase & Co. (JPM), Advanced Micro Devices (AMD), NVIDIA (NVDA), Meta Platforms (META), Netflix (NFLX) and Home Depot (HD).

Company Calendar

• Last Earnings: 3/13/2025
• Today: 3/25/2025
• Next Earnings (Estimated): 3/26/2025
• Fiscal Year End: 12/31/2025

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Energy
• Industry: Oil & gas field machinery
• Sub-Industry: Machinery
• Current Symbol: NASDAQ:DTI
• Previous Symbol: NASDAQ:DTI
• CIK: 1884516
• Web: www.drillingtools.com
• Phone: 832-742-8500
• Fax: N/A
• Employees: 394
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: $5.50
• High Stock Price Target: $5.50
• Low Stock Price Target: $5.50
• Potential Upside/Downside: +103.3%
• Consensus Rating: Buy
• Rating Score (0-4): 3.00
• Research Coverage: 1 Analysts

Profitability

• EPS (Most Recent Fiscal Year): $0.11
• Trailing P/E Ratio: 9.64
• Forward P/E Ratio: 7.12
• P/E Growth: 0.9
• Net Income: $14.75 million
• Net Margins: 5.46%
• Pretax Margin: 5.64%
• Return on Equity: 15.38%
• Return on Assets: 8.89%

Debt

• Debt-to-Equity Ratio: 0.15
• Current Ratio: 1.32
• Quick Ratio: 0.99

Sales & Book Value

• Annual Sales: $154.45 million
• Price / Sales: 0.62
• Cash Flow: $1.01 per share
• Price / Cash Flow: 2.69
• Book Value: $2.98 per share
• Price / Book: 0.91

Miscellaneous

• Outstanding Shares: 35,593,000
• Free Float: 30,368,000
• Market Cap: $96.28 million
• Optionable: Not Optionable
• Beta: -0.86