Sidoti Csr Issues Pessimistic Outlook for DTI Earnings

Drilling Tools International Co. (NASDAQ:DTI) – Analysts at Sidoti Csr cut their Q1 2025 earnings per share estimates for Drilling Tools International in a note issued to investors on Monday, March 17th. Sidoti Csr analyst S. Ferazani now anticipates that the company will post earnings of $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 (NASDAQ:DTI) last issued its quarterly earnings results on Thursday, March 13th. The company reported $0.02 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.01 by $0.01. The business had revenue of $39.85 million during the quarter, compared to analysts’ expectations of $38.99 million. Drilling Tools International had a return on equity of 15.38% and a net margin of 5.46%. During the same period in the previous year, the company posted $0.13 earnings per share.

Drilling Tools International Trading Up 3.3 %

Shares of DTI stock opened at $2.79 on Tuesday. The company has a current ratio of 1.32, a quick ratio of 0.99 and a debt-to-equity ratio of 0.15. The stock has a market cap of $99.30 million, a P/E ratio of 9.96, a price-to-earnings-growth ratio of 0.90 and a beta of -0.86. The stock has a 50 day simple moving average of $3.17 and a 200 day simple moving average of $3.41. Drilling Tools International has a 1 year low of $2.50 and a 1 year high of $6.36.

Institutional Investors Weigh In On Drilling Tools International

Several institutional investors and hedge funds have recently added to or reduced their stakes in DTI. Soltis Investment Advisors LLC acquired a new stake in shares of Drilling Tools International in the 4th quarter valued at approximately $36,000. Rhumbline Advisers boosted its position in Drilling Tools International by 42.8% in the fourth quarter. Rhumbline Advisers now owns 12,689 shares of the company’s stock valued at $41,000 after buying an additional 3,806 shares in the last quarter. Dimensional Fund Advisors LP bought a new stake in shares of Drilling Tools International during the fourth quarter worth $43,000. BNP Paribas Financial Markets acquired a new position in shares of Drilling Tools International during the fourth quarter worth $46,000. Finally, Wellington Management Group LLP acquired a new position in shares of Drilling Tools International during the fourth quarter worth $52,000. 2.79% of the stock is currently owned by 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.