Drilling Tools International (DTI) Scheduled to Post Earnings on Thursday

Drilling Tools International (NASDAQ:DTIGet Free Report) is scheduled to release its earnings data before the market opens on Thursday, November 14th. Analysts expect Drilling Tools International to post earnings of $0.06 per share for the quarter. Parties that are interested in registering for the company’s conference call can do so using this link.

Drilling Tools International Stock Performance

Shares of DTI opened at $3.48 on Tuesday. The company has a current ratio of 1.97, a quick ratio of 1.50 and a debt-to-equity ratio of 0.21. The stock has a 50 day moving average of $3.64 and a 200 day moving average of $4.71. Drilling Tools International has a 12 month low of $2.43 and a 12 month high of $6.36. The company has a market capitalization of $120.77 million, a price-to-earnings ratio of 8.92, a PEG ratio of 1.01 and a beta of -0.96.

Wall Street Analysts Forecast Growth

Separately, Alliance Global Partners reduced their price target on Drilling Tools International from $8.50 to $7.50 and set a “buy” rating for the company in a research report on Wednesday, August 7th.

Check Out Our Latest Research Report on DTI

Drilling Tools International Company Profile

(Get Free Report)

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.

Featured Articles

Earnings History for Drilling Tools International (NASDAQ:DTI)

Receive News & Ratings for Drilling Tools International Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Drilling Tools International and related companies with MarketBeat.com's FREE daily email newsletter.