Sidoti Csr Has Positive Estimate for DTI FY2025 Earnings

Drilling Tools International Corp. (NASDAQ:DTI) – Investment analysts at Sidoti Csr lifted their FY2025 earnings per share estimates for shares of Drilling Tools International in a research report issued on Monday, December 8th. Sidoti Csr analyst S. Ferazani now forecasts that the company will post earnings per share of $0.02 for the year, up from their previous forecast of $0.01. 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 Q1 2026 earnings at $0.00 EPS.

Drilling Tools International (NASDAQ:DTI) last posted its quarterly earnings results on Thursday, November 6th. The company reported $0.02 earnings per share for the quarter, topping analysts’ consensus estimates of ($0.01) by $0.03. Drilling Tools International had a positive return on equity of 1.12% and a negative net margin of 3.93%.The business had revenue of $38.82 million for the quarter, compared to the consensus estimate of $36.18 million.

Several other research analysts also recently weighed in on the stock. Zacks Research upgraded shares of Drilling Tools International from a “hold” rating to a “strong-buy” rating in a report on Wednesday, November 12th. Weiss Ratings reissued a “sell (d)” rating on shares of Drilling Tools International in a research report on Wednesday, October 8th. One equities research analyst has rated the stock with a Strong Buy rating and one has given a Sell rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy”.

Drilling Tools International Price Performance

Shares of NASDAQ:DTI opened at $3.09 on Wednesday. Drilling Tools International has a twelve month low of $1.43 and a twelve month high of $3.82. The stock’s 50 day moving average is $2.34 and its 200-day moving average is $2.40. The company has a quick ratio of 1.47, a current ratio of 2.04 and a debt-to-equity ratio of 0.37. The firm has a market capitalization of $108.77 million, a price-to-earnings ratio of -16.26, a PEG ratio of 17.06 and a beta of -0.38.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of the business. Gendell Jeffrey L raised its stake in Drilling Tools International by 20.9% in the 2nd quarter. Gendell Jeffrey L now owns 1,414,027 shares of the company’s stock valued at $4,030,000 after acquiring an additional 244,157 shares during the period. Cresset Asset Management LLC increased its stake in shares of Drilling Tools International by 184.5% in the third quarter. Cresset Asset Management LLC now owns 200,521 shares of the company’s stock worth $461,000 after purchasing an additional 130,032 shares in the last quarter. Global Retirement Partners LLC bought a new stake in shares of Drilling Tools International in the second quarter valued at approximately $221,000. Bridgeway Capital Management LLC lifted its stake in shares of Drilling Tools International by 187.0% during the 2nd quarter. Bridgeway Capital Management LLC now owns 71,741 shares of the company’s stock valued at $204,000 after buying an additional 46,741 shares in the last quarter. Finally, MAI Capital Management lifted its stake in shares of Drilling Tools International by 8,394.3% during the 3rd quarter. MAI Capital Management now owns 65,831 shares of the company’s stock valued at $151,000 after buying an additional 65,056 shares in the last quarter. Institutional investors own 2.79% of the company’s stock.

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.