Drilling Tools International (DTI) and Its Competitors Critical Analysis

Drilling Tools International (NASDAQ:DTIGet Free Report) is one of 23 public companies in the “Oil & gas field machinery” industry, but how does it compare to its competitors? We will compare Drilling Tools International to related businesses based on the strength of its valuation, dividends, earnings, risk, analyst recommendations, institutional ownership and profitability.

Analyst Recommendations

This is a breakdown of current ratings and target prices for Drilling Tools International and its competitors, as provided by MarketBeat.

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 1363 1569 44 2.47

Drilling Tools International currently has a consensus price target of $3.00, indicating a potential downside of 51.69%. As a group, “Oil & gas field machinery” companies have a potential upside of 31.86%. Given Drilling Tools International’s competitors stronger consensus rating and higher probable upside, analysts plainly believe Drilling Tools International has less favorable growth aspects than its competitors.

Earnings & Valuation

This table compares Drilling Tools International and its competitors revenue, earnings per share and valuation.

Gross Revenue Net Income Price/Earnings Ratio
Drilling Tools International $152.03 million $14.75 million 14.44
Drilling Tools International Competitors $4.60 billion -$174.24 million 6.71

Drilling Tools International’s competitors have higher revenue, but lower earnings than Drilling Tools International. Drilling Tools International is trading at a higher price-to-earnings ratio than its competitors, indicating that it is currently more expensive than other companies in its industry.

Profitability

This table compares Drilling Tools International and its competitors’ 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%

Risk and Volatility

Drilling Tools International has a beta of -0.9, suggesting that its stock price is 190% less volatile than the S&P 500. Comparatively, Drilling Tools International’s competitors have a beta of 1.45, suggesting that their average stock price is 45% more volatile than the S&P 500.

Institutional & Insider 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, hedge funds and endowments believe a company will outperform the market over the long term.

Summary

Drilling Tools International competitors beat Drilling Tools International on 7 of the 13 factors compared.

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. 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.

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.