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DRQ

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

22.81USD-0.01 (-0.04%)Delayed as of 28 Mar 2024, 11:53 am ET

Market Summary

DRQ
USD22.81-0.01
Delayedas of 28 Mar 2024, 11:53 am
-0.04%

DRQ Alerts

  • Big jump in Revenue (Y/Y)
  • Big jump in Earnings (Y/Y)

DRQ Stock Price

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DRQ RSI Chart

DRQ Valuation

Market Cap

784.6M

Price/Earnings (Trailing)

1.3K

Price/Sales (Trailing)

1.85

EV/EBITDA

12.03

Price/Free Cashflow

-31.51

DRQ Price/Sales (Trailing)

DRQ Profitability

Operating Margin

27.25%

EBT Margin

3.18%

Return on Equity

0.07%

Return on Assets

0.06%

Free Cashflow Yield

-3.17%

DRQ Fundamentals

DRQ Revenue

Revenue (TTM)

424.1M

Rev. Growth (Yr)

30.7%

Rev. Growth (Qtr)

7.76%

DRQ Earnings

Earnings (TTM)

604.0K

Earnings Growth (Yr)

555.31%

Earnings Growth (Qtr)

126.22%

Breaking Down DRQ Revenue

52 Week Range

21.7730.93
(Low)(High)

Last 7 days

2.8%

Last 30 days

16.1%

Last 90 days

5.6%

Trailing 12 Months

-18.9%

How does DRQ drawdown profile look like?

DRQ Financial Health

Current Ratio

6.11

Debt/Equity

7e-5

Debt/Cashflow

133.22

DRQ Investor Care

Shares Dilution (1Y)

0.71%

Diluted EPS (TTM)

0.02

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales
YearQ1Q2Q3Q4
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
Mar 18, 2024
willis darryl keith
acquired
-
-
3,150
-
Mar 18, 2024
lovoi john
acquired
-
-
6,300
-
Mar 18, 2024
schwetz amy b
acquired
-
-
6,300
-
Mar 18, 2024
newman steven l
acquired
-
-
3,150
-
Mar 18, 2024
lockhart carri a.
acquired
-
-
6,300
-
Mar 18, 2024
jupp terence bartlett
acquired
-
-
6,300
-
Jan 03, 2024
jupp terence bartlett
sold
-32,380
22.9
-1,414
-
Jan 02, 2024
webster james c.
sold
-92,560
23.14
-4,000
vp, gen counsel & secretary
Jan 02, 2024
mcclure kyle
sold
-92,560
23.14
-4,000
vice president and cfo
Jan 02, 2024
bird jeffrey j.
sold
-173,625
23.15
-7,500
president & ceo

1–10 of 50

Which funds bought or sold DRQ recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
Mar 22, 2024
PNC FINANCIAL SERVICES GROUP, INC.
added
37.01
25,764
221,320
-%
Mar 11, 2024
VANGUARD GROUP INC
added
1.2
-17,655,800
89,996,200
-%
Mar 06, 2024
SageView Advisory Group, LLC
new
-
317,400
317,400
0.01%
Mar 05, 2024
Fisher Asset Management, LLC
added
32.05
561,541
6,743,780
-%
Mar 01, 2024
GOLDMAN SACHS GROUP INC
added
149
5,611,080
10,897,400
-%
Feb 28, 2024
AMERICAN INTERNATIONAL GROUP, INC.
reduced
-0.83
-95,181
431,147
-%
Feb 26, 2024
TEACHERS RETIREMENT SYSTEM OF THE STATE OF KENTUCKY
unchanged
-
-47,000
221,000
-%
Feb 20, 2024
Quarry LP
sold off
-100
-4,676
-
-%
Feb 16, 2024
GSA CAPITAL PARTNERS LLP
sold off
-100
-427,000
-
-%
Feb 16, 2024
PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO
reduced
-1.96
-3,711
16,289
-%

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
Mar 19, 2024
4
Insider Trading
Mar 19, 2024
DEFA14A
DEFA14A
Mar 19, 2024
DEF 14A
DEF 14A
Mar 19, 2024
ARS
ARS
Mar 19, 2024
425
Prospectus Filed
Mar 19, 2024
4
Insider Trading
Mar 19, 2024
4
Insider Trading
Mar 19, 2024
4
Insider Trading
Mar 19, 2024
4
Insider Trading
Mar 19, 2024
4
Insider Trading

Peers (Alternatives to Dril-Quip Inc)

NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
78.3B
33.1B
11.16% 3.67%
18.64
2.36
17.96% 22.15%
34.6B
23.0B
8.72% 28.18%
13.08
1.5
13.41% 67.65%
MID-CAP
11.0B
7.8B
28.19% 68.84%
195.09
1.4
16.77% 152.43%
7.6B
8.6B
10.98% -8.12%
7.61
0.88
18.60% 536.86%
6.8B
3.8B
13.72% 36.08%
21.54
1.8
-1.25% 100.96%
3.5B
4.7B
-2.84% 61.93%
6.28
0.74
14.43% 39.22%
3.0B
990.3M
11.53% 82.28%
28.79
3.05
17.12% 137.04%
SMALL-CAP
1.6B
2.3B
22.90% 24.72%
6.54
0.7
8.66% 93.36%
784.6M
424.1M
16.13% -18.92%
1.3K
1.85
17.17% 137.19%
681.3M
-
13.97% -28.49%
28.73
1.36
- -
374.6M
719.2M
2.75% -22.88%
14.26
0.52
9.95% 114.41%
323.5M
386.1M
16.67% 59.29%
-34.12
0.84
9.26% 57.09%

Dril-Quip Inc News

Latest updates
Yahoo Finance • 24 hours ago
MarketBeat • 41 hours ago
Defense World • 26 Mar 2024 • 08:50 am
Defense World • 23 Mar 2024 • 06:42 am
Investing.com • 18 Mar 2024 • 10:04 pm
Seeking Alpha • 18 Mar 2024 • 09:25 pm
Simply Wall St • 28 Feb 2024 • 08:00 am

Dril-Quip Inc Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)
Income Statement (Quarterly)
(In Thousands)
(*) denotes actual numbers (not divided by Thousands)
Description(%) Q/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Revenue7.8%126,344,000117,244,00089,607,00090,865,00096,668,00088,141,00093,978,00083,137,00077,415,00082,997,00080,797,00081,239,00087,234,00091,295,00090,446,00095,998,000108,454,000108,227,000103,808,00094,317,00097,335,000
Cost Of Revenue7.1%91,687,00085,603,00065,711,00065,502,00066,567,00065,710,00069,663,00063,995,00061,196,50062,834,00061,539,00056,787,00064,136,00067,211,00066,937,00071,414,00075,741,00076,023,00073,867,00069,376,00073,438,000
Costs and Expenses-1.2%121,787,000123,315,00086,001,00087,677,00099,185,00075,710,00097,847,00088,728,000149,568,00089,933,00095,461,000112,821,00098,862,00093,399,00097,951,000138,320,000102,390,500108,005,000101,688,00099,920,000196,062,500
  S&GA Expenses8.4%29,258,00026,993,00023,248,00022,585,00026,884,00022,431,00022,498,00022,393,00030,620,00025,265,00029,593,00029,558,00026,225,00020,843,00023,331,00024,658,00021,348,00029,105,00023,068,00024,544,00024,987,000
EBITDA Margin6.1%0.120.110.150.120.09-0.11-0.17-0.21-0.29-0.10-0.09-0.06---------
Interest Expenses49.8%3,463,5002,312,00019,00080,0003,613,000248,00099,00054,000-804,00094,00059,000439,00083,000138,000209,000191,000166,00026,000-121,000-155,500
Income Taxes18.0%3,863,0003,275,0002,102,0003,624,0001,266,000-610,0002,175,0003,496,000-8,148,0004,301,0004,407,0002,386,000-373,000-16,380,0007,081,000-21,609,000-155,0003,412,0003,119,0002,333,000-21,585,000
Earnings Before Taxes251.8%5,707,000-3,759,0005,585,0005,935,000861,00012,679,000-3,395,000-5,442,000-72,073,000-6,842,000-14,660,000-31,972,000-11,627,000-2,054,000-7,061,000-41,307,0007,244,5002,102,0004,800,000-3,718,000-96,497,000
EBT Margin45.3%0.030.020.070.040.01-0.20-0.26-0.31-0.39-0.20-0.18-0.15---------
Net Income126.2%1,844,000-7,034,0003,483,0002,311,000-405,00013,289,000-5,570,000-8,938,000-63,925,000-11,143,000-19,067,000-34,358,000-11,254,00014,326,000-14,142,000-19,698,0007,400,000-1,310,0001,681,000-6,051,000-74,912,000
Net Income Margin134.1%0.000.000.050.030.00-0.19-0.27-0.32-0.40-0.23-0.15-0.13---------
Free Cashflow-18.3%14,546,00017,804,0001,095,000-58,344,000-22,758,000-9,241,000-10,644,000-12,994,0002,628,0007,020,0008,231,00010,559,000---------
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Assets2.0%1,0281,0089809759709699749781,0101,0941,1251,1271,1511,1601,1481,1361,2071,2061,2021,1841,193
  Current Assets1.5%720709755752750744748717745827849845863863848826880879868843853
    Cash Equivalents3.5%187181236235259290321338355375370362346359346343399413423415418
  Inventory6.2%195183165153146141140141146195202195213219212197205202195195191
  Net PPE2.8%218212186183181181180213216225229231235240244244258259266270274
  Goodwill2.6%17.0016.00--------------8.007.008.008.008.00
Liabilities7.2%14713710095.0098.0010610590.0011311412911911012213211211611310588.0096.00
  Current Liabilities10.3%11810788.0083.0088.0089.0085.0070.0094.0092.0010795.0086.0010111493.0097.0097.0087.0071.0082.00
Shareholder's Equity1.2%8818708798788728638698878979809951,0081,0421,0381,0151,0241,0911,0931,0971,0951,096
  Retained Earnings0.2%9519499569559509539499589731,0601,0721,0911,1251,1371,1221,1361,1811,1951,2001,1991,206
  Additional Paid-In Capital2.2%10098.0096.0093.0090.0088.0085.0083.0080.0075.0072.0069.0066.0062.0059.0056.0053.0053.0043.0040.0035.00
Shares Outstanding0.6%34.0034.0034.0034.0034.0034.0034.0034.0035.0035.0035.0035.00---------
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/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Cashflow From Operations12.5%26,13123,23411,282-52,920-17,6041,042-9,281-10,9284,6909,32311,34313,072-16,78613,8893,046-21,2378,054-4,0269,81283812,896
  Share Based Compensation23.2%3,1732,5762,5662,5772,6942,5692,5732,5275,3543,2763,0793,1863,4533,0033,2823,176-25.007,6633,2214,8623,509
Cashflow From Investing77.7%-17,097-76,782-9,28123,347-9,641-17,617-989-1,858-1,246-2,286-3,1063,431969-1,417-1,680-3,500-2,252-3,186153-3,186266
Cashflow From Financing-336.8%-83.00-19.00-11.00-11.00-9.00-11,141-3,881-5,859-23,055-1,168-37.00-40.00-7.00-47.00-44.00-25,085-21,295-1,281-880-1,116-18,553
  Buy Backs-----15,000-11,150-3,8505,80823,0591,132-----25,00021,2063,3688801,11619,063

DRQ Income Statement

2023-12-31
CONSOLIDATED STATEMENTS OF INCOME (LOSS) - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Revenues:   
Total revenues$ 424,060$ 361,924$ 322,448
Cost of sales:   
Total cost of sales308,503265,935242,356
Selling, general and administrative101,51794,206115,036
Engineering and product development12,64911,74015,104
Restructuring and other charges3,24513,36478,933
Gain on sale of property, plant and equipment(8,754)(20,019)(4,482)
Acquisition costs6,45100
Change in fair value of earn-out liability(2,282)00
Foreign currency transaction loss (gain)(2,549)(3,756)836
Total costs and expenses418,780361,470447,783
Operating income (loss)5,280454(125,335)
Interest expense (income), net(8,188)(4,249)212
Income (loss) before income taxes13,4684,703(125,547)
Income tax provision12,8646,3272,946
Net income (loss)$ 604$ (1,624)$ (128,493)
Net income (loss) per common share:   
Basic$ 0.02$ (0.05)$ (3.63)
Diluted$ 0.02$ (0.05)$ (3.63)
Weighted average common shares outstanding:   
Basic34,17434,23735,331
Diluted34,47334,23735,331
Products   
Revenues:   
Revenues from products and services$ 271,021$ 240,762$ 213,263
Cost of sales:   
Total cost of sales211,414203,759178,494
Services   
Revenues:   
Revenues from products and services105,68079,12974,143
Cost of sales:   
Total cost of sales72,90032,04633,173
Leasing   
Revenues:   
Leasing47,35942,03335,042
Cost of sales:   
Total cost of sales$ 24,189$ 30,130$ 30,689

DRQ Balance Sheet

2023-12-31
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2023
Dec. 31, 2022
Current assets:  
Cash and cash equivalents$ 187,323$ 259,407
Restricted cash4,0775,397
Short-Term Investments25,90832,232
Trade receivables, net135,56990,861
Unbilled receivables148,429144,428
Inventories194,593146,004
Prepaids expenses14,11919,874
Other current assets9,69932,438
Assets held for sale019,383
Total current assets719,717750,024
Operating lease right of use assets16,3434,872
Property, plant and equipment, net217,631181,270
Deferred income taxes8,9894,488
Goodwill16,654[1]0
Intangible assets41,94123,348
Other assets6,9065,949
Total assets1,028,181969,951
Current liabilities:  
Accounts payable65,69643,019
Accrued income taxes5,9424,868
Contract liabilities7,5838,020
Accrued compensation14,03511,296
Operating lease liabilities2,1181,054
Other accrued liabilities22,32919,298
Total current liabilities117,70387,555
Deferred income taxes10,5643,756
Income tax payable346823
Operating lease liabilities, long-term14,5543,807
Other long-term liabilities3,7541,658
Total liabilities146,92197,599
Contingencies (Note 17)
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 $0.01 par value, 34,386,577 and 34,157,057 shares issued and outstanding at December 31, 2023 and December 31, 2022343343
Additional paid-in capital100,28990,450
Retained earnings950,719950,168
Accumulated other comprehensive losses(170,091)(168,609)
Total stockholders' equity881,260872,352
Total liabilities and stockholders' equity$ 1,028,181$ 969,951
[1]As of December 31, 2023, 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
 WEBSITEwww.dril-quip.com
 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 Mar 27 2024, market cap of Dril-Quip Inc is 784.64 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 Mar 27 2024, DRQ's PE ratio (Price to Earnings) is 1.3 Thousand and Price to Sales (PS) ratio is 1.85. 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 -0.137 (multiply by 100 for percentage) rate of return.