Dril-Quip (NYSE:DRQ) will issue its quarterly earnings data before the market opens on Wednesday, February 28th. Analysts expect the company to announce earnings of $0.02 per share for the quarter.
Shares of Dril-Quip (NYSE:DRQ) opened at $47.10 on Wednesday. The company has a market capitalization of $1,790.80, a price-to-earnings ratio of -62.80 and a beta of 0.72. Dril-Quip has a 12 month low of $35.85 and a 12 month high of $67.95.
DRQ has been the topic of several research analyst reports. TheStreet downgraded Dril-Quip from a “c” rating to a “d+” rating in a research note on Friday, October 27th. ValuEngine downgraded Dril-Quip from a “hold” rating to a “sell” rating in a research note on Sunday, December 31st. Zacks Investment Research downgraded Dril-Quip from a “buy” rating to a “hold” rating in a research note on Friday, November 10th. Cowen set a $45.00 price objective on Dril-Quip and gave the stock a “hold” rating in a research note on Thursday, January 11th. Finally, FBR & Co reaffirmed a “buy” rating on shares of Dril-Quip in a research note on Friday, October 27th. Three analysts have rated the stock with a sell rating, seven have given a hold rating and two have assigned a buy rating to the company. The company currently has an average rating of “Hold” and a consensus target price of $49.43.
Dril-Quip, Inc (Dril-Quip) designs, manufactures, sells and services engineered drilling and production equipment. The Company’s operations are organized into three geographic segments: Western Hemisphere, including North and South America, headquartered in Houston, Texas; Eastern Hemisphere, including Europe and Africa, headquartered in Aberdeen, Scotland, and Asia-Pacific, including the Pacific Rim, Southeast Asia, Australia, India and the Middle East, headquartered in Singapore.
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