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DRQ

DRQ - Dril-Quip Inc Stock Price, Fair Value and News

18.20USD-0.47 (-2.52%)Delayed as of 23 May 2024, 03:53 pm ET

Market Summary

DRQ
USD18.20-0.47
Delayedas of 23 May 2024, 03:53 pm
-2.52%

DRQ Alerts

  • Big fall in earnings (Y/Y)
  • Losses in recent quarter

DRQ Stock Price

View Fullscreen

DRQ RSI Chart

DRQ Valuation

Market Cap

642.6M

Price/Earnings (Trailing)

-29.63

Price/Sales (Trailing)

1.45

EV/EBITDA

14.3

Price/Free Cashflow

26.14

DRQ Price/Sales (Trailing)

DRQ Profitability

Operating Margin

27.53%

EBT Margin

-2.05%

Return on Equity

-2.53%

Return on Assets

-2.12%

Free Cashflow Yield

3.83%

DRQ Fundamentals

DRQ Revenue

Revenue (TTM)

443.5M

Rev. Growth (Yr)

21.39%

Rev. Growth (Qtr)

-12.7%

DRQ Earnings

Earnings (TTM)

-21.7M

Earnings Growth (Yr)

-964.73%

Earnings Growth (Qtr)

-1.2K%

Breaking Down DRQ Revenue

52 Week Range

18.1030.93
(Low)(High)

Last 7 days

-2.8%

Last 30 days

-3.7%

Last 90 days

-11.3%

Trailing 12 Months

-23.0%

How does DRQ drawdown profile look like?

DRQ Financial Health

Current Ratio

5.35

Debt/Equity

7e-5

Debt/Cashflow

974.88

DRQ Investor Care

Shares Dilution (1Y)

0.72%

Diluted EPS (TTM)

-0.63

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales
YearQ1Q2Q3Q4
2024443.5M000
2023369.7M365.3M394.4M424.1M
2022324.3M337.5M342.7M361.9M
2021350.2M340.6M332.3M322.4M
2020416.5M403.1M386.2M365.0M
2019379.8M388.7M403.7M414.8M
2018435.4M402.4M395.3M384.6M
2017491.4M476.9M453.6M455.5M
2016784.9M712.0M634.3M538.7M
2015952.9M937.8M897.5M844.3M
2014883.3M891.6M908.6M931.0M
2013749.1M794.5M828.4M872.4M
2012640.8M680.4M716.2M733.0M
2011561.4M556.4M571.3M601.3M
2010555.2M564.0M566.0M566.3M
20090541.9M541.1M540.2M
2008000542.8M

Tracking the Latest Insider Buys and Sells of Dril-Quip Inc

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
Apr 01, 2024
mcclure kyle
sold
-92,600
23.15
-4,000
vice president and cfo
Apr 01, 2024
lockhart carri a.
acquired
-
-
1,040
-
Apr 01, 2024
willis darryl keith
acquired
-
-
1,040
-
Apr 01, 2024
jupp terence bartlett
acquired
-
-
1,248
-
Apr 01, 2024
newman steven l
acquired
-
-
1,040
-
Apr 01, 2024
webster james c.
sold
-92,640
23.16
-4,000
vp, gen counsel & secretary
Apr 01, 2024
bird jeffrey j.
sold
-173,550
23.14
-7,500
president & ceo
Apr 01, 2024
lovoi john
acquired
-
-
1,283
-
Mar 18, 2024
lockhart carri a.
acquired
-
-
6,300
-
Mar 18, 2024
lovoi john
acquired
-
-
6,300
-

1–10 of 50

Which funds bought or sold DRQ recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
May 16, 2024
JANE STREET GROUP, LLC
added
168
389,929
634,287
-%
May 16, 2024
COMERICA BANK
reduced
-8.17
-43,506
348,742
-%
May 16, 2024
CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM
reduced
-5.44
-67,836
734,793
-%
May 15, 2024
CAXTON ASSOCIATES LP
sold off
-100
-235,795
-
-%
May 15, 2024
Royal Bank of Canada
reduced
-77.02
-224,000
64,000
-%
May 15, 2024
SEGALL BRYANT & HAMILL, LLC
reduced
-3.74
-1,224,270
16,769,400
0.31%
May 15, 2024
PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO
added
8.14
766
17,055
-%
May 15, 2024
BRANDES INVESTMENT PARTNERS, LP
added
12.55
5,340,600
64,901,700
0.84%
May 15, 2024
Harvey Partners, LLC
added
26.67
632,160
3,424,560
0.36%
May 15, 2024
VOLORIDGE INVESTMENT MANAGEMENT, LLC
sold off
-100
-242,520
-
-%

1–10 of 46

Are Funds Buying or Selling DRQ?

Are funds buying DRQ calls or puts?
Calls
Puts
No. of funds holding Calls - Puts
Net Call Options
No. of funds that own DRQ
No. of Funds

Unveiling Dril-Quip Inc's Major ShareHolders

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Mar 12, 2024
gamco investors, inc. et al
1.57%
539,380
SC 13D/A
Feb 13, 2024
vanguard group inc
11.31%
3,867,476
SC 13G/A
Feb 13, 2024
kayne anderson rudnick investment management llc
0.00%
0
SC 13G/A
Feb 12, 2024
brandes investment partners, lp
7.49%
2,559,567
SC 13G
Feb 09, 2024
dimensional fund advisors lp
6.3%
2,150,385
SC 13G
Jan 22, 2024
blackrock inc.
16.5%
5,639,897
SC 13G/A
Oct 30, 2023
gamco investors, inc. et al
1.21%
414,480
SC 13D/A
Feb 14, 2023
kayne anderson rudnick investment management llc
9.80%
3,322,738
SC 13G/A
Feb 09, 2023
vanguard group inc
10.93%
3,708,769
SC 13G/A
Jan 26, 2023
blackrock inc.
16.7%
5,666,372
SC 13G/A

Recent SEC filings of Dril-Quip Inc

View All Filings
Date Filed Form Type Document
May 20, 2024
8-K
Current Report
May 14, 2024
425
Prospectus Filed
May 14, 2024
8-K
Current Report
May 08, 2024
425
Prospectus Filed
May 08, 2024
8-K
Current Report
May 08, 2024
8-K
Current Report
May 02, 2024
10-Q
Quarterly Report
May 02, 2024
8-K
Current Report
May 01, 2024
S-4
Mergers and Acquisition
Apr 23, 2024
SD
SD

Peers (Alternatives to Dril-Quip Inc)

NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
66.4B
-
-6.10% 0.93%
15.32
17.48
-86.47% 12.21%
32.2B
23.1B
-6.04% 18.97%
12.41
1.39
6.71% 32.21%
MID-CAP
10.9B
8.1B
0.12% 80.60%
51.4
1.34
18.75% 572.06%
7.2B
8.8B
-1.88% 17.53%
7.31
0.82
14.70% 198.19%
6.3B
3.7B
-6.73% 21.65%
17.19
1.68
-4.02% 100.20%
3.9B
4.6B
5.15% 77.56%
8.13
0.85
-1.29% -16.22%
3.1B
1.0B
1.28% 108.33%
23.9
3
17.17% 118.50%
SMALL-CAP
1.5B
2.3B
-1.24% 48.40%
6.48
0.67
2.36% 81.92%
681.3M
-
8.54% -23.41%
28.73
1.36
- -
642.6M
443.5M
-3.72% -23.05%
-29.63
1.45
19.98% -325.36%
344.8M
386.1M
17.68% 82.03%
-36.38
0.89
9.26% 57.09%
264.0M
701.7M
-21.74% -26.57%
10.31
0.38
0.29% 55.69%

Dril-Quip Inc News

Latest updates
Defense World20 May 202409:05 am
Yahoo Finance09 May 202403:47 pm
Yahoo Finance02 Apr 202407:00 am

Dril-Quip Inc Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)
Income Statement (Quarterly)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Revenue-12.7%110,297,000126,344,000117,244,00089,607,00090,865,00096,668,00088,141,00093,978,00083,137,00077,415,00082,997,00080,797,00081,239,00087,234,00091,295,00090,446,00095,998,000108,454,000108,227,000103,808,00094,317,000
Cost Of Revenue-14.5%78,419,00091,687,00085,603,00065,711,00065,502,00066,567,00065,710,00069,663,00063,995,00061,196,50062,834,00061,539,00056,787,00064,136,00067,211,00066,937,00071,414,00075,741,00076,023,00073,867,00069,376,000
Costs and Expenses6.0%129,099,000121,787,000123,315,00086,001,00087,677,00099,185,00075,710,00097,847,00088,728,000149,568,00089,933,00095,461,000112,821,00098,862,00093,399,00097,951,000138,320,000102,390,500108,005,000101,688,00099,920,000
  S&GA Expenses2.5%29,991,00029,258,00026,993,00023,248,00022,585,00026,884,00022,431,00022,498,00022,393,00030,620,00025,265,00029,593,00029,558,00026,225,00020,843,00023,331,00024,658,00021,348,00029,105,00023,068,00024,544,000
EBITDA Margin-40.7%0.070.120.110.160.130.11-0.11-0.17-0.21-0.30-0.10-0.09---------
Interest Expenses-36.6%2,196,0003,463,5002,312,00019,00080,0003,613,000248,00099,00054,000-804,00094,00059,000439,00083,000138,000209,000191,000166,00026,000-121,000
Income Taxes-12.6%3,378,0003,863,0003,275,0002,102,0003,624,0001,266,000-610,0002,175,0003,496,000-8,148,0004,301,0004,407,0002,386,000-373,000-16,380,0007,081,000-21,609,000-155,0003,412,0003,119,0002,333,000
Earnings Before Taxes-391.0%-16,606,0005,707,000-3,759,0005,585,0005,935,000861,00012,679,000-3,395,000-5,442,000-72,073,000-6,842,000-14,660,000-31,972,000-11,627,000-2,054,000-7,061,000-41,307,0007,244,5002,102,0004,800,000-3,718,000
EBT Margin-164.4%-0.020.030.020.070.040.01-0.20-0.26-0.31-0.39-0.20-0.18---------
Net Income-1183.7%-19,984,0001,844,000-7,034,0003,483,0002,311,000-405,00013,289,000-5,570,000-8,938,000-63,925,000-11,143,000-19,067,000-34,358,000-11,254,00014,326,000-14,142,000-19,698,0007,400,000-1,310,0001,681,000-6,051,000
Net Income Margin-3534.7%-0.050.000.000.050.030.00-0.19-0.27-0.32-0.40-0.23-0.15---------
Free Cashflow-160.9%-8,861,00014,546,00017,804,0001,095,000-58,344,000-22,758,000-9,241,000-10,644,000-12,994,0002,628,0007,020,0008,231,000---------
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Assets-0.7%1,0211,0281,0089809759709699749781,0101,0941,1251,1271,1511,1601,1481,1361,2071,2061,2021,184
  Current Assets-0.6%715720709755752750744748717745827849845863863848826880879868843
    Cash Equivalents8.0%202187181236235259290321338355375370362346359346343399413423415
  Inventory7.5%209195183165153146141140141146195202195213219212197205202195195
  Net PPE-1.1%215218212186183181181180213216225229231235240244244258259266270
  Goodwill-2.4%16.0017.0016.00--------------8.007.008.008.00
Liabilities11.4%16414713710095.0098.0010610590.0011311412911911012213211211611310588.00
  Current Liabilities13.5%13411810788.0083.0088.0089.0085.0070.0094.0092.0010795.0086.0010111493.0097.0097.0087.0071.00
Shareholder's Equity-2.7%8578818708798788728638698878979809951,0081,0421,0381,0151,0241,0911,0931,0971,095
  Retained Earnings-2.1%9319519499569559509539499589731,0601,0721,0911,1251,1371,1221,1361,1811,1951,2001,199
  Additional Paid-In Capital2.7%10310098.0096.0093.0090.0088.0085.0083.0080.0075.0072.0069.0066.0062.0059.0056.0053.0053.0043.0040.00
Shares Outstanding0.1%34.0034.0034.0034.0034.0034.0034.0034.0034.0035.0035.0035.00---------
Float----778---875---1,179---1,032---1,716-
Cashflow (Last 12 Months)
(In Thousands)
Cashflow (Quarterly)
(In Thousands)
(*) denotes actual numbers (not divided by Thousands)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Cashflow From Operations-115.7%-4,10426,13123,23411,282-52,920-17,6041,042-9,281-10,9284,6909,32311,34313,072-16,78613,8893,046-21,2378,054-4,0269,812838
  Share Based Compensation-12.1%2,7883,1732,5762,5662,5772,6942,5692,5732,5275,3543,2763,0793,1863,4533,0033,2823,176-25.007,6633,2214,862
Cashflow From Investing202.4%17,510-17,097-76,782-9,28123,347-9,641-17,617-989-1,858-1,246-2,286-3,1063,431969-1,417-1,680-3,500-2,252-3,186153-3,186
Cashflow From Financing-257.8%-297-83.00-19.00-11.00-11.00-9.00-11,141-3,881-5,859-23,055-1,168-37.00-40.00-7.00-47.00-44.00-25,085-21,295-1,281-880-1,116
  Buy Backs------15,000-11,150-3,8505,80823,0591,132-----25,00021,2063,3688801,116
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DRQ Income Statement

2024-03-31
CONDENSED CONSOLIDATED STATEMENTS OF INCOME (LOSS) (UNAUDITED) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Revenues:  
Total revenues$ 110,297$ 90,865
Cost of sales:  
Total cost of sales78,41965,502
Selling, general and administrative29,99122,585
Engineering and product development3,7383,399
Restructuring and other charges01,718
Gain on sale of property, plant and equipment(200)(6,647)
Acquisition costs19,0460
Foreign currency transaction loss (gain)(1,895)1,120
Total costs and expenses129,09987,677
Operating income (loss)(18,802)3,188
Interest income, net(2,196)(2,747)
Income (loss) before income taxes(16,606)5,935
Income tax provision (benefit)3,3783,624
Net income (loss)$ (19,984)$ 2,311
Net income (loss) per common share:  
Basic$ (0.58)$ 0.07
Diluted$ (0.58)$ 0.07
Weighted average common shares outstanding:  
Basic34,41734,128
Diluted34,41734,489
Products  
Revenues:  
Revenues from products and services$ 64,562$ 59,246
Cost of sales:  
Total cost of sales48,30047,044
Services  
Revenues:  
Revenues from products and services30,18721,281
Cost of sales:  
Total cost of sales23,29012,003
Leasing  
Revenues:  
Leasing15,54810,338
Cost of sales:  
Total cost of sales$ 6,829$ 6,455

DRQ Balance Sheet

2024-03-31
CONDENSED CONSOLIDATED BALANCE SHEETS (UNAUDITED) - USD ($)
$ in Thousands
Mar. 31, 2024
Dec. 31, 2023
Current assets:  
Cash and cash equivalents$ 198,197$ 187,323
Restricted cash4,1034,077
Short-term investments4,01625,908
Trade receivables, net137,135135,569
Unbilled receivables139,610148,429
Inventories209,160194,593
Prepaid expenses13,12614,119
Other current assets8,2859,699
Assets held for sale1,5130
Total current assets715,145719,717
Operating lease right of use assets16,35616,343
Property, plant and equipment, net215,264217,631
Deferred income taxes9,6638,989
Goodwill16,288[1]16,654
Intangible assets40,24741,941
Other assets8,0646,906
Total assets1,021,0271,028,181
Current liabilities:  
Accounts payable62,90760,160
Accrued income taxes7,0645,942
Contract liabilities6,8397,583
Accrued compensation14,02614,035
Operating lease liabilities2,3002,118
Other accrued liabilities40,42027,865
Total current liabilities133,556117,703
Deferred income taxes10,33010,564
Income tax payable385346
Operating lease liabilities, long-term14,54114,554
Other long-term liabilities4,8523,754
Total liabilities163,664146,921
Contingencies (Note 14)
Stockholders' equity:  
Preferred stock: 10,000,000 shares authorized at $0.01 par value (none issued)00
Common stock:  
100,000,000 shares authorized at $0.01 par value, 34,419,768 and 34,386,577 shares issued and outstanding at March 31, 2024 and December 31, 2023343343
Additional paid-in capital103,025100,289
Retained earnings930,789950,719
Accumulated other comprehensive losses(176,794)(170,091)
Total stockholders' equity857,363881,260
Total liabilities and stockholders' equity$ 1,021,027$ 1,028,181
[1]As of March 31, 2024, the Goodwill balance is included in long-lived assets in the Well Construction business segment.
DRQ
Dril-Quip, Inc., together with its subsidiaries, designs, manufactures, sells, and services engineered drilling and production equipment for for both offshore and onshore applications worldwide. The company's principal products include subsea and surface wellheads, subsea and surface production trees, mudline hanger systems, specialty connectors and associated pipes, drilling and production riser systems, liner hangers, wellhead connectors, diverters, and safety valves. It also provides technical advisory services, and rework and reconditioning services, as well as rental and purchase of running tools for use in the installation and retrieval of its products; and downhole tools comprise of liner hangers, production packers, safety valves, and specialty downhole tools that are used to hang-off and seal casing into a previously installed casing string in the well bore. The company's products are used to explore for oil and gas from offshore drilling rigs, such as floating rigs and jack-up rigs; and for drilling and production of oil and gas wells on offshore platforms, tension leg platforms, and Spars, as well as moored vessels, such as floating production, storage, and offloading monohull moored vessels. It sells its products directly through its sales personnel, independent sales agents, and representatives to integrated, independent, and foreign national oil and gas companies, as well as drilling and other oilfield contractors, and engineering and construction companies. The company was founded in 1981 and is headquartered in Houston, Texas.
 CEO
 WEBSITEdril-quip.com
 INDUSTRYOil - Services
 EMPLOYEES1356

Dril-Quip Inc Frequently Asked Questions


What is the ticker symbol for Dril-Quip Inc? What does DRQ stand for in stocks?

DRQ is the stock ticker symbol of Dril-Quip Inc. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Dril-Quip Inc (DRQ)?

As of Wed May 22 2024, market cap of Dril-Quip Inc is 642.63 Million. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of DRQ stock?

You can check DRQ's fair value in chart for subscribers.

What is the fair value of DRQ stock?

You can check DRQ's fair value in chart for subscribers. The fair value of Dril-Quip Inc is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Dril-Quip Inc is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for DRQ so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Dril-Quip Inc a good stock to buy?

The fair value guage provides a quick view whether DRQ is over valued or under valued. Whether Dril-Quip Inc is cheap or expensive depends on the assumptions which impact Dril-Quip Inc's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for DRQ.

What is Dril-Quip Inc's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Wed May 22 2024, DRQ's PE ratio (Price to Earnings) is -29.63 and Price to Sales (PS) ratio is 1.45. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. DRQ PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on Dril-Quip Inc's stock?

In the past 10 years, Dril-Quip Inc has provided -0.158 (multiply by 100 for percentage) rate of return.