Dril-Quip (DRQ) Upgraded by Zacks Investment Research to Hold

Dril-Quip stock has undergone multiple analysts rating changes in the recent past.  Dril-Quip Upgraded by Zacks Investment Research on 10-11-21. In a note to investors, the firm issued a new rating of Hold. The analysts previously had rating of Strong Sell.

Shares of Dril-Quip traded down -$0.24 on Monday, reaching $26.52. 264610 shares of the stock traded hands, compared to its average volume of 278098. Shares of Dril-Quip were trading at $26.52 on Monday. The firm’s 50 day moving average is $25.05 and its 200 day moving average is $31.23.Dril-Quip has a 12 month low of $26.48 and a 12 month high of $40.62. While on yearly highs and lows, Dril-Quip’s today has traded high as $27.60 and has touched $26.48 on the downward trend. See More Analyst Rating at: RATING

Dril-Quip Earnings and What to expect: 

Dril-Quip last posted its earnings results on July 29th, 2021. The oil and gas company reported ($0.53) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.08) by $0.45. The company had revenue of $80.80 million for the quarter, compared to the consensus estimate of $88.25 million. Dril-Quip has generated $0.25 earnings per share over the last year (($1.43) diluted earnings per share). Earnings for Dril-Quip are expected to grow in the coming year, from ($1.17) to ($0.10) per share. Dril-Quip has not formally confirmed its next earnings publication date, but the company’s estimated earnings date is Thursday, November 4th, 2021 based off prior year’s report dates.

Earnings for Dril-Quip are expected to grow in the coming year, from ($1.17) to ($0.10) per share. The P/E ratio of Dril-Quip is -18.55, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings. The P/E ratio of Dril-Quip is -18.55, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings. Dril-Quip has a P/B Ratio of 0.89. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Dril-Quip (DRQ) Moving Average Technical Analysis

5 day Moving Average is $25.88 And 5 day price change is $0.49 (1.88%)  with average volume for 5 day average is 258,920. While technical analysis for average 20 days shows significant difference, 20 day moving average is  $24.90 and 20 day price change is $1.50 (6.00%) and average 20 day moving volume is 278,725. 50 day moving average is $25.05  and 50 day price change is -$2.06 ( -7.21%)  and with average volume for 50 days is : 255,734. 200 day moving average is $31.23  and 200 day price change is -$4.43 (-14.31%)  and with average volume for 200 days is : 218,276.

Other owners latest trading in Dril-Quip :

  • On 10/7/2021 shares held by State of Alaska Department of Revenue were 25,846 which equates to market value of $0.65M and appx 0.00% owners of Dril-Quip
  • On 9/3/2021 shares held by Parametric Portfolio Associates LLC were 114,640 which equates to market value of $3.88M and appx 0.00% owners of Dril-Quip
  • On 8/26/2021 shares held by Comerica Bank were 33,612 which equates to market value of $0.77M and appx 0.00% owners of Dril-Quip
  • In total Institutional ownership equates to There is no enough data Institutional Ownership Percentage for Dril-Quip

See More Analyst Rating at: RATING