Drilling Tools International Corp's fundamentals are relatively healthy, and its growth potential is significant.Its valuation is considered fairly valued, ranking 77/101 in the Oil & Gas Related Equipment and Services industry.Institutional ownership is very high.Over the past month, multiple analysts have rated it as Hold, with the highest price target at 3.62.In the medium term, the stock price is expected to trend up.Despite a strong stock market performance over the past month, the company shows weak fundamentals and technicals, which don't support the current strong trend.The stock price is trading sideways between the support and resistance levels, making it suitable for range-bound swing trading.
Drilling Tools International Corp's Score
Industry at a Glance
Industry Ranking
77 / 101
Overall Ranking
373 / 4582
Industry
Oil & Gas Related Equipment and Services
Support & Resistance
Relevant data have not been disclosed by the company yet.
Score Analysis
Current score
Previous score
Analyst Rating
Based on
1
analysts
Hold
Current Rating
3.625
Target Price
+35.77%
Upside Space
Data disclaimer: Analyst ratings and target prices are provided by LSEG for informational purposes only and do not constitute investment advice.
Drilling Tools International Corp Highlights
StrengthsRisks
Drilling Tools International Corp. is a global oilfield services company that manufactures and provides a differentiated, rental-focused offering of tools for use in onshore and offshore horizontal and directional drilling operations. The Company's operating activities are divided into four divisions: Directional Tool Rentals, Premium Tools Division, Wellbore Optimization Tools, and Other Products & Services, including Downhole Inspection Solutions & Downhole Machining Solutions. Its primary products are bottom hole assembly components such as stabilizers, subs, non-magnetic and steel drill collars, hole openers, roller reamers, as well as drill pipe and drill pipe accessories. In addition, the Company provides technology in its wellbore optimization business supplying the patented Drill-N-Ream (trademark) wellbore conditioning tool, and the patented RotoSteer (trademark), rotational steering tool. The Company operates from over 16 service and support centers across North America.
High Growth
The company's revenue has grown steadily over the past 3 years, averaging 19.21% year-on-year.
Undervalued
The company’s latest PB is 0.80, at a low 3-year percentile range.
Drilling Tools International Corp. is a global oilfield services company that manufactures and provides a differentiated, rental-focused offering of tools for use in onshore and offshore horizontal and directional drilling operations. The Company's operating activities are divided into four divisions: Directional Tool Rentals, Premium Tools Division, Wellbore Optimization Tools, and Other Products & Services, including Downhole Inspection Solutions & Downhole Machining Solutions. Its primary products are bottom hole assembly components such as stabilizers, subs, non-magnetic and steel drill collars, hole openers, roller reamers, as well as drill pipe and drill pipe accessories. In addition, the Company provides technology in its wellbore optimization business supplying the patented Drill-N-Ream (trademark) wellbore conditioning tool, and the patented RotoSteer (trademark), rotational steering tool. The Company operates from over 16 service and support centers across North America.
Ticker SymbolDTI
CompanyDrilling Tools International Corp
CEOPrejean (R. Wayne)
Websitehttps://www.drillingtools.com/
FAQs
What is the current price of Drilling Tools International Corp (DTI)?
The current price of Drilling Tools International Corp (DTI) is 2.720.
What is the symbol of Drilling Tools International Corp?
The ticker symbol of Drilling Tools International Corp is DTI.
What is the 52-week high of Drilling Tools International Corp?
The 52-week high of Drilling Tools International Corp is 3.820.
What is the 52-week low of Drilling Tools International Corp?
The 52-week low of Drilling Tools International Corp is 1.430.
What is the market capitalization of Drilling Tools International Corp?
The market capitalization of Drilling Tools International Corp is 97.00M.
What is the net income of Drilling Tools International Corp?
The net income of Drilling Tools International Corp is 3.01M.
Is Drilling Tools International Corp (DTI) currently rated as Buy, Hold, or Sell?
According to analysts, Drilling Tools International Corp (DTI) has an overall rating of Hold, with a price target of 3.625.
What is the Earnings Per Share (EPS TTM) of Drilling Tools International Corp (DTI)?
The Earnings Per Share (EPS TTM) of Drilling Tools International Corp (DTI) is -0.187.