Drilling Tools International Corp's fundamentals are relatively healthy, with an industry-leading ESG disclosure.and its growth potential is significant.Its valuation is considered fairly valued, ranking 67 out of 97 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 strong stock market performance and technicals over the past month, the fundamentals don't support the current trend.The stock price is trading sideways between the support and resistance levels, making it suitable for range-bound swing trading.
Media Coverage
The current financial score of Drilling Tools International Corp is 5.45, ranking 94 out of 97 in the Oil & Gas Related Equipment and Services industry. Its financial status is stable, and its operating efficiency is average. Its latest quarterly revenue reached 38.82M, representing a year-over-year decrease of 3.18%, while its net profit experienced a year-over-year decrease of 204.15%.
Key Metrics
The current valuation score of Drilling Tools International Corp is 8.89, ranking 3 out of 97 in the Oil & Gas Related Equipment and Services industry. Its current P/E ratio is -20.44, which is -287.64% below the recent high of 38.36 and -192.49% above the recent low of -59.79.
The current earnings forecast score of Drilling Tools International Corp is 6.00, ranking 75 out of 97 in the Oil & Gas Related Equipment and Services industry. The average price target is 3.62, with a high of 5.00 and a low of 2.25.
Data disclaimer: Analyst ratings and target prices are provided by LSEG for informational purposes only and do not constitute investment advice.
The current price momentum score of Drilling Tools International Corp is 8.49, ranking 84 out of 97 in the Oil & Gas Related Equipment and Services industry. Currently, the stock price is trading between the resistance level at 4.65 and the support level at 2.72, making it suitable for range-bound swing trading.
The Indicators feature provides value and direction analysis for various instruments under a selection of technical indicators, together with a technical summary.
This feature includes nine of the commonly used technical indicators: MACD, RSI, KDJ, StochRSI, ATR, CCI, WR, TRIX and MA. You may also adjust the timeframe depending on your needs.
Please note that technical analysis is only part of investment reference, and there is no absolute standard for using numerical values to assess direction. The results are for reference only, and we are not responsible for the accuracy of the indicator calculations and summaries.
The current institutional shareholding score of Drilling Tools International Corp is 3.00, ranking 65 out of 97 in the Oil & Gas Related Equipment and Services industry. The latest institutional shareholding proportion is 12.16%, representing a quarter-over-quarter decrease of 0.57%. The largest institutional shareholder is The Vanguard, holding a total of 494.90K shares, representing 1.41% of shares outstanding, with 9.90% increase in holdings.
The U.S. Dollar Index is currently in a neutral state, which has a neutral effect on the Oil & Gas Related Equipment and Services domestic-focused industry. The Dollar Index (DXY) measures the value of the U.S. dollar against a basket of major currencies, including the euro, yen, pound sterling, Canadian dollar, Swedish krona, and Swiss franc. The current risk assessment score of Drilling Tools International Corp is 2.41, ranking 95 out of 97 in the Oil & Gas Related Equipment and Services industry. The company's beta value is -0.34. This indicates that the stock tends to underperform the index during upward trending markets but experiences smaller declines during downward trending markets. with an industry-leading ESG disclosure.
