
Drilling Tools International Corp. (NASDAQ:DTI – Free Report) – Stock analysts at Sidoti Csr upped their FY2025 EPS estimates for Drilling Tools International in a report released on Monday, November 10th. Sidoti Csr analyst S. Ferazani now anticipates that the company will earn $0.01 per share for the year, up from their previous estimate of ($0.05). The consensus estimate for Drilling Tools International’s current full-year earnings is $0.38 per share. Sidoti Csr also issued estimates for Drilling Tools International’s Q4 2025 earnings at ($0.01) EPS, Q3 2026 earnings at $0.05 EPS, Q4 2026 earnings at $0.05 EPS and FY2026 earnings at $0.11 EPS.
Drilling Tools International (NASDAQ:DTI – Get Free Report) last issued its quarterly earnings results on Thursday, November 6th. The company reported $0.02 EPS for the quarter, beating analysts’ consensus estimates of ($0.01) by $0.03. Drilling Tools International had a positive return on equity of 1.12% and a negative net margin of 3.93%.The firm had revenue of $38.82 million for the quarter, compared to analysts’ expectations of $36.18 million. Drilling Tools International has set its FY 2025 guidance at EPS.
Get Our Latest Analysis on DTI
Drilling Tools International Price Performance
Shares of DTI traded up $0.27 during trading hours on Thursday, reaching $2.54. 68,419 shares of the company’s stock traded hands, compared to its average volume of 71,225. The firm’s 50 day simple moving average is $2.20 and its 200-day simple moving average is $2.38. The stock has a market cap of $90.40 million, a PE ratio of -13.34 and a beta of -0.37. The company has a current ratio of 2.04, a quick ratio of 1.49 and a debt-to-equity ratio of 0.37. Drilling Tools International has a 12 month low of $1.43 and a 12 month high of $3.82.
Institutional Investors Weigh In On Drilling Tools International
A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. XTX Topco Ltd bought a new stake in shares of Drilling Tools International in the 1st quarter worth about $32,000. Sanders Morris Harris LLC purchased a new position in shares of Drilling Tools International during the third quarter valued at approximately $34,000. Nuveen LLC bought a new position in shares of Drilling Tools International during the first quarter valued at approximately $40,000. Qube Research & Technologies Ltd purchased a new stake in shares of Drilling Tools International in the second quarter worth approximately $49,000. Finally, Bank of New York Mellon Corp lifted its stake in shares of Drilling Tools International by 38.0% during the 1st quarter. Bank of New York Mellon Corp now owns 22,526 shares of the company’s stock worth $53,000 after acquiring an additional 6,203 shares during the last quarter. 2.79% of the stock is currently owned by hedge funds and other institutional investors.
About Drilling Tools International
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.
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