Dril Quip Stock Analysis

DRQ
 Stock
  

USD 25.87  0.54  2.13%   

The big decline in price over the last few months for Dril-Quip could raise concerns from insiders as the firm is trading at a share price of 25.87 on 283,700 in volume. The company executives failed to add value to investors and position the firm supply of money to exploit market volatility in May. However, diversifying your holdings with Dril-Quip or similar stocks can still protect your portfolios during high-volatility market scenarios. The stock standard deviation of daily returns for 90 days investing horizon is currently 2.95. The current volatility is consistent with the ongoing market swings in May 2022 as well as with Dril Quip unsystematic, company-specific events.
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The Dril Quip stock analysis report makes it easy to digest most publicly released information about Dril Quip and get updates on important government artifacts, including earning estimates, SEC corporate filings, and announcements. Dril Quip Stock analysis module also helps to analyze the Dril Quip price relationship with some important fundamental indicators such as market cap and management efficiency.

Dril Quip Stock Analysis Notes

About 107.0% of the company shares are held by institutions such as insurance companies. The company has price-to-book (P/B) ratio of 0.87. Some equities with similar Price to Book (P/B) outperform the market in the long run. Dril-Quip has Price/Earnings (P/E) ratio of 720.83. The entity recorded a loss per share of 2.14. The firm had not issued any dividends in recent years. Dril Quip had 2:1 split on the 6th of October 2006. Dril-Quip, Inc., together with its subsidiaries, designs, manufactures, sells, and services engineered drilling and production equipment for use in deepwater, harsh environment, and severe service applications worldwide. The company was founded in 1981 and is headquartered in Houston, Texas. Dril Quip operates under Oil Gas Equipment Services classification in the United States and is traded on New York Stock Exchange. It employs 1342 people. To learn more about Dril-Quip call Blake DeBerry at 713 939-7711 or check out www.dril-quip.com.

Dril Quip Quarterly Cost of Revenue

63.99 Million

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Dril-Quip Investment Alerts

Many investors view ongoing market volatility as an opportunity to purchase more stocks at a favorable price or short it to generate a bearish trend profit opportunity. If you are one of those investors, make sure you clearly understand the position you are entering. Dril Quip's investment alerts are automatically generated signals that are significant enough to either complement your investing judgment regarding Dril-Quip or challenge it. These alerts can help you understand what you are buying and avoid costly mistakes.
Dril-Quip generated a negative expected return over the last 90 days
The company reported the last year's revenue of 324.84 M. Reported Net Loss for the year was (102.58 M) with profit before taxes, overhead, and interest of 80.59 M.
Latest headline from www.baystreet.ca: Is It Too Late To Invest In The Oil Price Rally - Baystreet.ca

Dril-Quip Upcoming and Recent Events

Earnings reports are used by Dril Quip to provide an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Every quarterly earnings report provides investors with three things: an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Dril Quip previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
Upcoming Quarterly Report24th of February 2022
Next Financial Report5th of May 2022
Next Fiscal Quarter End31st of December 2021
Next Fiscal Year End24th of February 2022
Last Quarter Report30th of September 2021
Last Financial Announcement31st of December 2020

Dril Quip Largest EPS Surprises

Earnings surprises can significantly impact Dril Quip's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate.
Reported
Fiscal Date
Estimated EPS
Reported EPS
Surprise
2020-05-06
2020-03-31-0.0022-0.0117-0.0095431 
2019-07-25
2019-06-300.03960.03-0.009624 
2005-03-02
2004-12-310.10.110.0110 
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Dril Quip SEC Filings

SEC filings are important regulatory documents required of all public companies to provide to potential investors. Dril Quip prospectus issued under the guidelines of SEC is a legal declaration of facts and statements to ensure that Dril Quip investors are not misled. SEC filings are required by law to meet strict transparency standards and other important legal constraints. Although many companies may choose careful wording to disguise some material information, SEC filings make crucial Dril-Quip specific information freely available to individual and institutional investors to make a timely investment decision.
19th of May 2022
Submission of Matters to a Vote of Security Holders
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28th of April 2022
Financial Statements and Exhibits. Regulation FD Disclosure. Results of Operations and Financial Condition
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21st of March 2022
Financial Statements and Exhibits. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers
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23rd of February 2022
Financial Statements and Exhibits. Regulation FD Disclosure. Results of Operations and Financial Condition
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14th of February 2022
Unclassified Corporate Event
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9th of February 2022
Unclassified Corporate Event
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8th of February 2022
Unclassified Corporate Event
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27th of January 2022
Unclassified Corporate Event
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Dril Quip Thematic Classifications

In addition to having Dril Quip stock in your portfolios, you can add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your favorite investment opportunity, you can then obtain an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility. If you are a result-oriented investor, you can benefit from optimizing one of our existing themes to build an efficient portfolio against your specific investing outlook.
Machinery IdeaMachinery
USA Equities from Machinery industry as classified by Fama & French

Dril Quip Market Capitalization

The company currently falls under 'Small-Cap' category with total capitalization of 847.85 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Dril Quip's market, we take the total number of its shares issued and multiply it by Dril Quip's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and these looking for more risk prefer small-cap and mid-cap equities.

Dril Quip Profitablity

Dril Quip's profitability indicators refer to fundamental financial ratios that showcase Dril Quip's ability to generate income relative to its revenue or operating costs. If, let's say, Dril Quip is currently losing money, the management's focus should be on how to reverse that trend. However, when revenue exceeds expenses, Dril Quip's executives or investors may be in less hurry to break that information down - which is where profitability analysis comes into play. Gaining a greater understanding of Dril Quip's profitability requires more research than a typical breakdown of Dril Quip's financial statements. By doing a profitability analysis, companies can identify areas needing attention, and investors can make a profitable trade.
The company has Net Profit Margin of (31.58) %, which means that it does not effectively control expenditures or properly executes on its pricing strategies. This is way below average. In the same way, it shows Net Operating Margin of (14.57) %, which entails that for every $100 of revenue, it lost -0.15.
Last ReportedProjected for 2022
Return on Investment(13.34) (13.69) 
Return on Average Assets(0.12) (0.12) 
Return on Average Equity(0.13) (0.14) 
Return on Invested Capital(0.21) (0.21) 
Return on Sales(0.39) (0.40) 

Management Efficiency

The entity has Return on Asset of (2.81) % which means that on every $100 spent on asset, it lost $2.81. This is way below average. In the same way, it shows return on shareholders equity (ROE) of (10.82) %, meaning that it generated no profit with money invested by stockholders. Dril Quip management efficiency ratios could be used to measure how well dril-quip manages its routine affairs as well as how well it operates its assets and liabilities. As of 29th of June 2022, Return on Investment is likely to drop to -13.69. In addition to that, Return on Average Assets is likely to drop to -0.12. Dril Quip Total Liabilities is very stable at the moment as compared to the past year. Dril Quip reported last year Total Liabilities of 113.32 Million. As of 29th of June 2022, Current Liabilities is likely to grow to about 99.6 M, while Liabilities Non Current is likely to drop about 16.6 M.
Last ReportedProjected for 2022
Book Value per Share 25.39  30.81 
Enterprise Value over EBIT(3.00) (3.08) 
Enterprise Value over EBITDA(3.48) (3.57) 
Price to Book Value 0.78  1.20 
Tangible Assets Book Value per Share 27.85  28.48 
Enterprise Value326.5 M335.1 M
Tangible Asset Value984 MB

Technical Drivers

As of the 29th of June, Dril Quip shows the coefficient of variation of (373.74), and Mean Deviation of 2.53. Dril-Quip technical analysis allows you to utilize historical prices and volume patterns in order to determine a pattern that computes the direction of the firm's future prices. Put another way, you can use this information to find out if the firm will indeed mirror its model of historical prices and volume momentum, or the prices will eventually revert. We were able to interpolate data for nineteen technical drivers for Dril-Quip, which can be compared to its rivals. Please confirm Dril-Quip information ratio, as well as the relationship between the potential upside and kurtosis to decide if Dril-Quip is priced favorably, providing market reflects its regular price of 25.87 per share. Given that Dril Quip has jensen alpha of (0.56), we urge you to verify Dril-Quip's prevailing market performance to make sure the company can sustain itself at a future point.

Dril-Quip Price Movement Analysis

Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The Exponential Moving Average is calculated by weighting recent values of Dril-Quip more heavily than older values.
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Dril-Quip Insider Trading Activities

Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Dril Quip insiders, such as employees or executives, is commonly permitted as long as it does not rely on Dril Quip's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Dril Quip insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.

Dril Quip Predictive Daily Indicators

Dril Quip intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Dril Quip stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.

Dril Quip Forecast Models

Dril Quip time-series forecasting models is one of many Dril Quip's stock analysis techniquest aimed to predict future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Dril Quip's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the stock market movement and maximize returns from investment trading.

About Dril Quip Stock Analysis

Stock analysis is the technique used by a trader or investor to examine and evaluate how Dril Quip stock is reacting to, or reflecting on a current stock market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Dril Quip shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas, a specific sector, or an individual stock such as Dril Quip. By using and applying Dril Quip Stock analysis, traders can create a robust methodology for identifying Dril Quip entry and exit points for their positions.
Last ReportedProjected for 2022
Operating Margin(40.04) (41.10) 
EBITDA Margin(0.29) (0.30) 
Gross Margin 0.25  0.28 
Profit Margin(0.40) (0.41) 
Dril-Quip, Inc., together with its subsidiaries, designs, manufactures, sells, and services engineered drilling and production equipment for use in deepwater, harsh environment, and severe service applications worldwide. The company was founded in 1981 and is headquartered in Houston, Texas. Dril Quip operates under Oil Gas Equipment Services classification in the United States and is traded on New York Stock Exchange. It employs 1342 people.

Current Dril Quip Analysis - Recommendations

We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. Dril Quip analyst recommendations are determined by taking all analyst recommendations and averaging them as Strong Buy, Buy, Hold, Strong Sell or Sell. There is no one specific way to measure analysis performance other than comparing it to the past results via a very sophisticated attribution analysis. Dril Quip analyst consensus and target price projections should be used in combination with other traditional techniques such as stock price forecasting, technical analysis, earnings estimate, and various momentum models.
Target PriceAdvice# of Analysts
24.33Sell3Odds
Dril-Quip current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most Dril Quip analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Dril Quip stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Dril-Quip, talking to its executives and customers, or listening to Dril Quip conference calls.
Dril Quip Analyst Advice Details

Dril Quip Stock Analysis Indicators

Dril-Quip stock analysis indicators help investors evaluate how Dril Quip stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing and determine when trading Dril Quip shares will generate the highest return on investment. By understating and applying Dril Quip stock analysis, traders can identify Dril Quip position entry and exit signals to maximize returns.
Quick Ratio7.59
Fifty Two Week Low18.17
Revenue Growth2.30%
Shares Short Prior Month1.5M
Average Daily Volume Last 10 Day305.19k
Average Daily Volume In Three Month277.41k
Shares Percent Shares Out3.67%
Gross Margins23.17%
Short Percent Of Float5.99%
Forward Price Earnings72.61
Float Shares33.82M
Fifty Two Week High41.23
Enterprise Value To Ebitda-39.22
Fifty Day Average30.69
Two Hundred Day Average26.82
Enterprise Value To Revenue2.04
Continue to Investing Opportunities. Note that the Dril-Quip information on this page should be used as a complementary analysis to other Dril Quip's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Companies Directory module to evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals.

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When running Dril-Quip price analysis, check to measure Dril Quip's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Dril Quip is operating at the current time. Most of Dril Quip's value examination focuses on studying past and present price action to predict the probability of Dril Quip's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Dril Quip's price. Additionally, you may evaluate how the addition of Dril Quip to your portfolios can decrease your overall portfolio volatility.
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Is Dril Quip's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Dril Quip. If investors know Dril Quip will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Dril Quip listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Market Capitalization
874.4 M
Quarterly Revenue Growth YOY
0.023
Return On Assets
-0.0281
Return On Equity
-0.11
The market value of Dril-Quip is measured differently than its book value, which is the value of Dril Quip that is recorded on the company's balance sheet. Investors also form their own opinion of Dril Quip's value that differs from its market value or its book value, called intrinsic value, which is Dril Quip's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Dril Quip's market value can be influenced by many factors that don't directly affect Dril Quip's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Dril Quip's value and its price as these two are different measures arrived at by different means. Investors typically determine Dril Quip value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Dril Quip's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.