Drilling Tools International (NASDAQ:DTI – Get Free Report) is one of 23 publicly-traded companies in the “Oil & gas field machinery” industry, but how does it weigh in compared to its rivals? We will compare Drilling Tools International to similar businesses based on the strength of its risk, earnings, analyst recommendations, profitability, valuation, dividends and institutional ownership.
Insider & Institutional Ownership
2.8% of Drilling Tools International shares are owned by institutional investors. Comparatively, 73.6% of shares of all “Oil & gas field machinery” companies are owned by institutional investors. 14.7% of Drilling Tools International shares are owned by company insiders. Comparatively, 10.4% of shares of all “Oil & gas field machinery” companies are owned by company insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a company is poised for long-term growth.
Earnings and Valuation
This table compares Drilling Tools International and its rivals revenue, earnings per share and valuation.
Gross Revenue | Net Income | Price/Earnings Ratio | |
Drilling Tools International | $148.21 million | $14.75 million | 14.07 |
Drilling Tools International Competitors | $4.61 billion | -$174.24 million | 5.93 |
Analyst Ratings
This is a summary of recent ratings and recommmendations for Drilling Tools International and its rivals, as provided by MarketBeat.com.
Sell Ratings | Hold Ratings | Buy Ratings | Strong Buy Ratings | Rating Score | |
Drilling Tools International | 0 | 1 | 0 | 0 | 2.00 |
Drilling Tools International Competitors | 166 | 1362 | 1566 | 44 | 2.47 |
Drilling Tools International presently has a consensus target price of $3.00, suggesting a potential downside of 50.41%. As a group, “Oil & gas field machinery” companies have a potential upside of 26.10%. Given Drilling Tools International’s rivals stronger consensus rating and higher possible upside, analysts plainly believe Drilling Tools International has less favorable growth aspects than its rivals.
Volatility & Risk
Drilling Tools International has a beta of -0.96, indicating that its stock price is 196% less volatile than the S&P 500. Comparatively, Drilling Tools International’s rivals have a beta of 1.54, indicating that their average stock price is 54% more volatile than the S&P 500.
Profitability
This table compares Drilling Tools International and its rivals’ net margins, return on equity and return on assets.
Net Margins | Return on Equity | Return on Assets | |
Drilling Tools International | 8.21% | 14.88% | 9.04% |
Drilling Tools International Competitors | 3.87% | 7.86% | 4.80% |
Summary
Drilling Tools International rivals beat Drilling Tools International on 7 of the 13 factors compared.
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. In addition, it offers tool rental services, which consists of rental, inspection, machining, and repair services; rents downhole drilling tools used in horizontal and directional drilling of oil and natural gas; rents kellys, pip joints, work strings; maintains a fleet of rental equipment consisting of drill collars, stabilizers, crossover subs, wellbore conditioning tools, drill pipe, hevi-wate drill pipe, and tubing; rents surface control equipment, such as blowout preventers and handling tools; and provides downhole products for producing wells. Drilling Tools International Corporation is headquartered in Houston, Texas.
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