Dril Quip Stock Today

DRQ -  USA Stock  

USD 30.49  0.27  0.88%

Market Performance
4 of 100
Odds Of Distress
Less than 48
Dril Quip is selling at 30.49 as of the 26th of May 2022; that is -0.88 percent down since the beginning of the trading day. The stock's last reported lowest price was 29.45. Dril Quip has 48 percent odds of going through some form of financial distress in the next two years and did not have a very good performance for investor during the last 90 trading days. Equity ratings for Dril-Quip are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 5th of June 2020 and ending today, the 26th of May 2022. Click here to learn more.
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. The company has 35.39 M outstanding shares of which 1.27 M shares are currently shorted by investors with about 4.01 days to cover. More on Dril-Quip
Follow Valuation Options Odds of Bankruptcy
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Dril Quip Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. If you consider yourself one of those investors, make sure you clearly understand your entering position. Dril Quip's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Dril Quip or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Dril-Quip has very high historical volatility 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 MacroaxisInsider: Payment of tradable shares by Underwood Donald M of Dril Quip subject to Rule 16b-3
Dril Quip Fama & French Machinery
Machinery
Fama & French Classification
Dril-Quip SEC Filings
Dril Quip SEC Filings Security & Exchange Commission EDGAR Reports
CEOBlake DeBerry  (View All)
Thematic Classification
Currently Active Investing Idea (view all)
Machinery
Average Analyst Recommendation
Analysts covering Dril Quip report their recommendations after researching Dril Quip's financial statements, talking to executives and customers, or listening in on Dril Quip's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Dril-Quip. The Dril Quip consensus assessment is calculated by taking the average forecast from all of the analysts covering Dril Quip.
Piotroski F Score
Piotroski F-Score is a popular financial indicator that puts together nine criteria to evaluate the financial strength of Dril-Quip based on its profitability, leverage, liquidity, source of funds, and operating efficiency. It is an academic score (developed by Joseph Piotroski in 2002) to determine the current strength of Dril-Quip financial position. Scores of 8 and 9 are usually classified as strong value stocks, whereas scores of 2 or below are considered weak value stocks.
 6 - HealthyDetails
Current ValueLast YearChange From Last Year 10 Year Trend
Weighted Average Shares34.6 M35.3 M
Fairly Down
Decreasing
Slightly volatile
Weighted Average Shares Diluted34.6 M35.3 M
Fairly Down
Decreasing
Slightly volatile
Net Cash Flow from Operations59.6 M38.4 M
Way Up
Decreasing
Slightly volatile
Total Assets1.1 BB
Notably Up
Decreasing
Stable
Total Liabilities114.5 M113.3 M
Fairly Up
Decreasing
Slightly volatile
Current Assets792.9 M745.5 M
Notably Up
Decreasing
Stable
Current Liabilities99.6 M93.7 M
Notably Up
Decreasing
Slightly volatile
Total Debt5.3 M5.2 M
Slightly Up
Increasing
Slightly volatile
Return on Average Assets(0.12)(0.118)
Fairly Down
Decreasing
Slightly volatile
Gross Margin0.280.25
Moderately Up
Decreasing
Slightly volatile
Asset Turnover0.350.297
Fairly Up
Decreasing
Slightly volatile
Macroaxis Advice
Unlike general analyst consensus, Macroaxis buy hold or sell recommendation is provided in the context of your current investment horizon and risk tolerance. The advice algorithm takes into account all of Dril Quip's available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details
Financial Strength
Dril Quip's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Dril Quip's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit.
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Dril Quip's financial leverage. It provides some insight into what part of Dril Quip's total assets is financed by creditors.
Share Download
Share Download
By using current balance sheet information, investors can analyze the liability, assets, and equity on Dril Quip's books and decide whether to invest or hold. Statistics such as return on equity (ROE), debt to equity (D/E) help investors determine how Dril Quip deploys its capital and how much of that capital is borrowed.
Liquidity
Dril Quip cash flow analysis is essential to understand how it generates and spends money over a specific period. It can also help you figure out where your money is going and how much cash you have available at a given moment. The company has 4.88 M in debt with debt to equity (D/E) ratio of 0.01, which may show that the company is not taking advantage of profits from borrowing. Dril-Quip has a current ratio of 10.0, demonstrating that it is liquid and is capable to disburse its financial commitments when the payables are due. Debt can assist Dril Quip until it has trouble settling it off, either with new capital or with free cash flow. So, Dril Quip's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Dril-Quip sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Dril Quip to invest in growth at high rates of return. When we think about Dril Quip's use of debt, we should always consider it together with cash and equity.

Operating Cash Flow

59.55 MillionShare
Dril-Quip (DRQ) is traded on New York Stock Exchange in USA. It is located in 6401 North Eldridge Parkway and employs 1,342 people. Dril Quip is listed under Machinery category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with total capitalization of 1.05 B. 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 runs under Energy sector within Oil & Gas Equipment & Services industry. The entity has 35.39 M outstanding shares of which 1.27 M shares are currently shorted by investors with about 4.01 days to cover. Dril-Quip has about 338.01 M in cash with 14.43 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 9.79.
Check Dril Quip Probability Of Bankruptcy
Ownership
Dril Quip holds a total of thirty-five million three hundred ninety thousand outstanding shares. The majority of Dril-Quip outstanding shares are owned by other corporate entities. These outside corporations are usually referred to as non-private investors looking to obtain positions in Dril-Quip to benefit from reduced commissions. Consequently, institutional investors are subject to a different set of regulations than regular investors in Dril Quip. Please pay attention to any change in the institutional holdings of Dril-Quip as this could imply that something significant has changed or about to change at the company. Also note that almost three million one hundred eighty-five thousand one hundred invesors are currently shorting Dril Quip expressing very little confidence in its future performance.

Ownership Allocation (%)

Check Dril Quip Ownership Details

Dril Quip Stock Price Odds Analysis

What are Dril Quip's target price odds to finish over the current price? Contingent on a normal probability distribution, the odds of Dril Quip jumping above the current price in 90 days from now is about 74.02%. The Dril-Quip probability density function shows the probability of Dril Quip stock to fall within a particular range of prices over 90 days. Considering the 90-day investment horizon Dril Quip has a beta of 0.3035 suggesting as returns on the market go up, Dril Quip average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Dril-Quip will be expected to be much smaller as well. Additionally, the company has an alpha of 0.41, implying that it can generate a 0.41 percent excess return over DOW after adjusting for the inherited market risk (beta).
  Odds Below 30.49HorizonTargetOdds Above 30.49
25.87%90 days
 30.49 
74.02%
Based on a normal probability distribution, the odds of Dril Quip to move above the current price in 90 days from now is about 74.02 (This Dril-Quip probability density function shows the probability of Dril Quip Stock to fall within a particular range of prices over 90 days) .

Dril Quip Stock Institutional Holders

Institutional Holdings refers to the ownership stake in Dril Quip that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Dril Quip's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Dril Quip's value.
InstituionSecurity TypeTotal SharesValue
Blackrock IncCommon Shares5.8 M218.3 M
Kayne Anderson Rudnick Investment Management LlcCommon Shares3.8 M141.6 M
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Dril Quip Historical Income Statement

Dril-Quip Income Statement is one of the three primary financial statements used for reporting Dril Quip's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Dril-Quip revenue and expense. Dril Quip Income Statement primarily focuses on the company's revenues and expenses during a particular period.
Dril Quip Income Tax Expense is very stable at the moment as compared to the past year. Dril Quip reported last year Income Tax Expense of 2.95 Million View More Fundamentals

Dril Quip Stock Against Markets

Picking the right benchmark for Dril Quip stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Dril Quip stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Dril Quip is critical whether you are bullish or bearish towards Dril-Quip at a given time.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Dril Quip without increasing your portfolio risk or giving up expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate.risk-adjusted returns of your individual positions relative to your overall portfolio.

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Dril Quip Corporate Directors

Dril Quip corporate directors refer to members of a Dril Quip board of directors. The board of directors generally takes responsibility for the Dril Quip's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Dril Quip's board members must vote for the resolution. The Dril Quip board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.
Amy Schwetz - Independent DirectorProfile
Alexander Shukis - Independent DirectorProfile
L Robertson - Independent DirectorProfile
Steven Newman - Independent DirectorProfile

Investing Dril-Quip

You need to understand the risk of investing before taking a position in Dril Quip. The danger of trading Dril-Quip is mainly related to its market volatility and company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Dril Quip is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Dril Quip. The Shape ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Dril-Quip is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
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 Price Ceiling Movement module to calculate and plot Price Ceiling Movement for different equity instruments.

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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.
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.