Sidoti Analysts Lift Earnings Estimates for DTI

Drilling Tools International Corp. (NASDAQ:DTI) – Equities researchers at Sidoti upped their Q2 2026 earnings per share (EPS) estimates for shares of Drilling Tools International in a research report issued to clients and investors on Monday, March 9th. Sidoti analyst S. Ferazani now forecasts that the company will post earnings of $0.02 per share for the quarter, 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.

Drilling Tools International (NASDAQ:DTI) last released its earnings results on Thursday, March 5th. The company reported $0.04 earnings per share for the quarter. Drilling Tools International had a positive return on equity of 1.88% and a negative net margin of 2.36%.The firm had revenue of $38.51 million during the quarter, compared to the consensus estimate of $37.02 million.

Several other equities analysts have also commented on the stock. Zacks Research raised shares of Drilling Tools International from a “hold” rating to a “strong-buy” rating in a report on Tuesday. Weiss Ratings reaffirmed a “sell (d)” rating on shares of Drilling Tools International in a report on Wednesday, January 21st. Finally, Wall Street Zen upgraded shares of Drilling Tools International to a “hold” rating in a research report on Saturday, January 17th. One analyst has rated the stock with a Strong Buy rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy”.

Drilling Tools International Stock Down 5.5%

DTI stock opened at $3.41 on Thursday. Drilling Tools International has a 52 week low of $1.43 and a 52 week high of $4.38. The business has a 50-day simple moving average of $3.57 and a 200 day simple moving average of $2.76. The company has a quick ratio of 1.47, a current ratio of 2.11 and a debt-to-equity ratio of 0.32. The company has a market cap of $119.98 million, a PE ratio of -28.41, a price-to-earnings-growth ratio of 2.11 and a beta of -0.34.

Hedge Funds Weigh In On Drilling Tools International

A number of institutional investors have recently added to or reduced their stakes in the stock. Sanders Morris Harris LLC bought a new position in Drilling Tools International in the 3rd quarter valued at approximately $34,000. XTX Topco Ltd grew its stake in shares of Drilling Tools International by 52.3% during the fourth quarter. XTX Topco Ltd now owns 16,026 shares of the company’s stock worth $39,000 after buying an additional 5,504 shares during the last quarter. Qube Research & Technologies Ltd bought a new stake in shares of Drilling Tools International during the second quarter worth $49,000. Citadel Advisors LLC acquired a new position in shares of Drilling Tools International during the third quarter worth $55,000. Finally, Veradace Capital Management LLC bought a new position in shares of Drilling Tools International in the 4th quarter valued at $62,000. 2.79% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity at Drilling Tools International

In other news, insider Michael Wayne Jr. Domino sold 24,996 shares of the stock in a transaction dated Wednesday, January 21st. The shares were sold at an average price of $4.00, for a total value of $99,984.00. Following the completion of the transaction, the insider owned 1,433,054 shares of the company’s stock, valued at approximately $5,732,216. This represents a 1.71% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders have sold a total of 35,411 shares of company stock valued at $137,249 over the last three months. 56.50% of the stock is currently owned by corporate insiders.

Key Stories Impacting Drilling Tools International

Here are the key news stories impacting Drilling Tools International this week:

• Positive Sentiment: Zacks Research upgraded DTI from “hold” to “strong-buy,” a headline that can boost short-term investor sentiment and buying interest. Zacks Upgrade
• Positive Sentiment: Sidoti raised its Q2 2026 EPS estimate to $0.02 (from $0.01), signaling slightly stronger near-term profitability expectations. Sidoti Q2 Estimate
• Positive Sentiment: Sidoti also lifted Q3 2026, FY2026 and FY2027 forecasts (Q3 to $0.09, FY2026 to $0.19, FY2027 to $0.32), suggesting improved medium‑term earnings visibility that could support valuation expansion. Sidoti Multi-Quarter Raises
• Neutral Sentiment: Zacks published comparative pieces on DTI vs. peers (e.g., Core Laboratories) and on DTI’s sector performance; these articles raise awareness but are informational rather than direct buy/sell signals. DTI vs CLB Article
• Neutral Sentiment: A Zacks piece comparing DTI to oils‑energy peers notes relative performance; useful for positioning but not an immediate catalyst. Peer Performance Article
• Negative Sentiment: Offsetting some of the upside, Sidoti trimmed its Q4 2026 EPS estimate to $0.06 from $0.08, which is a nearer-term downgrade that may weigh on the stock while investors digest the timing and cause of the cut. Sidoti Q4 Cut

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.