Drilling Tools International Corp.

NASDAQ:DTI

$6.05 USD

$0.05 (0.83%)

Volume
27.51K
Average Volume
54.59K
Market Capitalization
$180.1M
P/E Ratio
14.80
Dividend Yield
0.00%
Price Target
$4.80
Year High
$10.32
Year Low
$2.43
Payout Ratio
$0.00
Current Ratio
$1.92

Industry, Sector & symbol

Stock Exchange NASDAQ Capital Market
CEO Mr. R. Wayne Prejean
Industry Oil & Gas Equipment & Services
Sector Energy
Current Symbol DTI
CUSIP 26205E107
CIK 0001884516
Web https://www.drillingtools.com
Phone 832 742 8500
Currency USD
Employees 394
Country US

Liquidity

Debt-to-Equity Ratio 0.32
Payout Ratio 0.00
Current Ratio 1.92
Quick Ratio 1.49
Cash Ratio 0.41

Sales & Book Value

Annual Sales $152.03M
Price / Sales 1.22
Cash Flow -0.79
Price / Cash Flow -7.65
Price / Book 1.97

Price Target and Rating

Average Stock Price Forecast $4.80
High Stock Price Forecast $4.80
Low Stock Price Forecast $4.80
Forecast Upside/Downside 26.04%
Consensus Rating Neutral
Rating Score(0-5) 3
Research Coverage 1 Analysts

Profitability

EPS (Most Recent Fiscal Year) $0.59
Trailing P/E Ratio 14.80
PEG Ratio 0.35
P/E Growth 0.35
Net Income $14.75M
Net Margin 8.21%
Pretax Margin 11.09%
Return on Equity 14.09%
Return on Assets 7.29%

Financials Score

AltmanZ Score 2.99
Piotroski Score 6.00
Working Capital 31.45M
Total Assets 166.95M
Ebit 23.75M
Market Cap 180.1M
Total Liabilities 75.44M

Poll Results

About Drilling Tools International Corp. (NASDAQ:DTI) Stock

Drilling Tools International Corp. provides oilfield equipment and services to oil and natural gas sectors in North America, Europe, and the Middle East. It offers downhole desander and filters; non-mag and steel drill collars; tubulars; flapper plugs; and well bore conditioning and fraction reduction technologies. The company also provides hole openers, roller reamers, and extended reach drilling tools; stabilizers comprising integral blade, sleeve, and welded blade string stabilizers, as well as hard facing tools; stinger valves; and sub-assemblies, which includes heat-treated steel and non-magnetic metal subs. In addition, it offers handling tools, such as elevators, brackets and bail assembly, slips, tongs, stabbing guides, and safety clamps; blowout preventors and pressure control equ ... ipment; and drilling accessories including float valve, ring gauge, tool basket, lift bail, and ditch magnet. Further, the company provides downhole inspection, well fence data automation, and compass services. Drilling Tools International Corp. was founded in 1984 and is headquartered in Houston, Texas.

DTI Has Better Margins And Lower Valuation Than Its Peers

2024-05-15 10:33:22

Drilling Tools International went public last year to take advantage of the consolidation trend in the drilling industry and increase its market share. More than 50% of DTI shares are owned by Hicks Private Equity, with management holding more than 10% of shares outstanding. DTI has shown better margins and return on invested capital compared to its peers while having a lower valuation.

Drilling Tools International Corp. Announces Upcoming Investor Conference Schedule

2024-05-13 16:15:00

HOUSTON , May 13, 2024 /PRNewswire/ -- Drilling Tools International Corp., (NASDAQ: DTI) ("DTI" or the "Company"), a global oilfield services company that designs, engineers, manufactures and provides a differentiated, rental-focused offering of tools for use in onshore and offshore horizontal and directional drilling operations, as well as other cutting-edge solutions across the well life cycle, today announced that DTI's senior management will be participating in several upcoming investor conferences during the second quarter. A copy of the investor presentation will be accessible on the Investor Relations section of the Company's website https://investors.drillingtools.com/news-events/presentations.

Drilling Tools International Corporation (DTI) Q1 2024 Earnings Call Transcript

2024-05-10 20:23:10

Drilling Tools International Corporation (NASDAQ:DTI ) Q1 2024 Earnings Conference Call May 10, 2024 11:00 AM ET Company Participants Ken Dennard - Investor Relations Wayne Prejean - Chief Executive Officer David Johnson - Chief Financial Officer Conference Call Participants Jeff Grampp - Alliance Global Partners Steve Ferazani - Sidoti & Company John Daniel - Daniel Energy Operator Greetings and welcome to the Drilling Tools International 2024 First Quarter Earnings Conference Call. At this time, all participants are on the listen-only mode.

Drilling Tools International Corp. Announces 2024 First Quarter Earnings Release and Conference Call Schedule

2024-04-25 16:15:00

HOUSTON , April 25, 2024 /PRNewswire/ -- Drilling Tools International Corp., (NASDAQ: DTI) ("DTI" or the "Company"), a global oilfield services company that designs, engineers, manufactures and provides a differentiated, rental-focused offering of tools for use in onshore and offshore horizontal and directional drilling operations, as well as other cutting-edge solutions across the well life cycle, today announced that it plans to report 2024 first quarter financial results prior to the Company's live conference call, which can be accessed via dial-in or webcast, on Friday, May 10, 2024 at 11:00 a.m. Eastern Time (10:00 a.m.

Drilling Tools International Corp. (DTI) Q4 2023 Earnings Call Transcript

2024-03-28 15:16:10

Drilling Tools International Corp. (DTI) Q4 2023 Earnings Call Transcript

Frequently Asked Questions

What is the current Drilling Tools International Corp. (DTI) stock price?

Drilling Tools International Corp.(NASDAQ:DTI) stock price is $6.05 in the last trading session. During the trading session, DTI stock reached the peak price of $10.32 while $2.43 was the lowest point it dropped to. The percentage change in DTI stock occurred in the recent session was 0.83% while the dollar amount for the price change in DTI stock was $0.05.

DTI's industry and sector of operation?

The NASDAQ listed DTI is part of Oil & Gas Equipment & Services industry that operates in the broader Energy sector.

Who are the executives of DTI?

Mr. Michael W. Domino Jr. | President of Directional Tools Rentals Division
Mr. R. Wayne Prejean | Chief Executive Officer, President & Director
Mr. Aldo Rodriguez | Vice President of Sales
Mr. Jameson Parker | Vice President of Corporate Development
Ms. Veda Ragsdill | Vice President of Human Resources

How many employees does DTI have?

Number of DTI employees currently stands at 394. DTI operates from 3701 Briarpark Drive, Houston, TX 77042, US.

Link for DTI official website?

Official Website of DTI is: https://www.drillingtools.com

How do I contact DTI?

DTI could be contacted at phone #832 742 8500 and can also be accessed through its website. DTI operates from 3701 Briarpark Drive, Houston, TX 77042, US.

How many shares of DTI are traded daily?

The average number of DTI shares traded daily for last 3 months was 54.59K.

What is the market cap of DTI currently?

The market value of DTI currently stands at $180.1M with its latest stock price at $6.05