Sidoti Csr Has Pessimistic Outlook of DTI Q1 Earnings

Drilling Tools International Co. (NASDAQ:DTI) – Investment analysts at Sidoti Csr cut their Q1 2025 earnings per share estimates for Drilling Tools International in a research note issued on Monday, March 17th. Sidoti Csr analyst S. Ferazani now anticipates that the company will earn $0.04 per share for the quarter, down from their previous estimate of $0.08. The consensus estimate for Drilling Tools International’s current full-year earnings is $0.38 per share. Sidoti Csr also issued estimates for Drilling Tools International’s Q2 2025 earnings at $0.07 EPS and FY2026 earnings at $0.53 EPS.

Drilling Tools International Stock Performance

NASDAQ:DTI opened at $2.71 on Tuesday. The company has a market cap of $96.46 million, a P/E ratio of 9.68, a P/E/G ratio of 0.90 and a beta of -0.86. The firm’s 50 day moving average is $3.14 and its two-hundred day moving average is $3.40. Drilling Tools International has a fifty-two week low of $2.50 and a fifty-two week high of $6.36. The company has a quick ratio of 0.99, a current ratio of 1.32 and a debt-to-equity ratio of 0.15.

Drilling Tools International (NASDAQ:DTI) last posted its quarterly earnings data on Thursday, March 13th. The company reported $0.02 EPS for the quarter, beating analysts’ consensus estimates of $0.01 by $0.01. Drilling Tools International had a net margin of 5.46% and a return on equity of 15.38%. The company had revenue of $39.85 million during the quarter, compared to the consensus estimate of $38.99 million. During the same quarter in the prior year, the company posted $0.13 EPS.

Institutional Inflows and Outflows

Large investors have recently made changes to their positions in the company. Rhumbline Advisers grew its position in Drilling Tools International by 42.8% during the fourth quarter. Rhumbline Advisers now owns 12,689 shares of the company’s stock valued at $41,000 after acquiring an additional 3,806 shares during the period. Northern Trust Corp grew its holdings in shares of Drilling Tools International by 6.7% during the 4th quarter. Northern Trust Corp now owns 73,848 shares of the company’s stock worth $241,000 after purchasing an additional 4,639 shares during the period. Global Retirement Partners LLC increased its position in Drilling Tools International by 7.5% during the 4th quarter. Global Retirement Partners LLC now owns 80,079 shares of the company’s stock worth $262,000 after purchasing an additional 5,574 shares in the last quarter. Charles Schwab Investment Management Inc. raised its holdings in Drilling Tools International by 28.1% in the third quarter. Charles Schwab Investment Management Inc. now owns 28,283 shares of the company’s stock valued at $105,000 after buying an additional 6,201 shares during the period. Finally, Soltis Investment Advisors LLC acquired a new position in Drilling Tools International during the fourth quarter valued at approximately $36,000. 2.79% of the stock is owned by hedge funds and other institutional investors.

About Drilling Tools International

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.