Drilling Tools International (NASDAQ:DTI) Upgraded at Zacks Research

Zacks Research upgraded shares of Drilling Tools International (NASDAQ:DTIFree Report) from a hold rating to a strong-buy rating in a research report sent to investors on Tuesday,Zacks.com reports.

A number of other equities research analysts have also commented on the company. Wall Street Zen upgraded Drilling Tools International to a “hold” rating in a research report on Saturday, January 17th. Weiss Ratings reissued a “sell (d)” rating on shares of Drilling Tools International in a research note on Wednesday, January 21st. One analyst has rated the stock with a Strong Buy rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy”.

Check Out Our Latest Analysis on DTI

Drilling Tools International Trading Down 5.5%

Shares of DTI stock opened at $3.41 on Tuesday. The company has a market capitalization of $119.98 million, a P/E ratio of -28.41, a P/E/G ratio of 2.11 and a beta of -0.34. Drilling Tools International has a 12-month low of $1.43 and a 12-month high of $4.38. 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 firm has a 50-day moving average price of $3.57 and a 200 day moving average price of $2.76.

Drilling Tools International (NASDAQ:DTIGet Free Report) last issued its quarterly earnings data on Thursday, March 5th. The company reported $0.04 earnings per share for the quarter. Drilling Tools International had a negative net margin of 2.36% and a positive return on equity of 1.88%. The firm had revenue of $38.51 million for the quarter, compared to analysts’ expectations of $37.02 million. Research analysts forecast that Drilling Tools International will post 0.38 earnings per share for the current fiscal year.

Insider Activity at Drilling Tools International

In related news, insider Michael Wayne Jr. Domino sold 24,996 shares of the firm’s stock in a transaction that occurred on 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 sale, the insider owned 1,433,054 shares of the company’s stock, valued at $5,732,216. This trade represents a 1.71% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Insiders have sold 35,411 shares of company stock worth $137,249 over the last quarter. 56.50% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of the company. Global Retirement Partners LLC bought a new position in Drilling Tools International in the 2nd quarter valued at $221,000. Qube Research & Technologies Ltd bought a new stake in shares of Drilling Tools International during the second quarter worth $49,000. Bridgeway Capital Management LLC lifted its stake in shares of Drilling Tools International by 187.0% during the second quarter. Bridgeway Capital Management LLC now owns 71,741 shares of the company’s stock valued at $204,000 after acquiring an additional 46,741 shares during the period. Gendell Jeffrey L boosted its holdings in Drilling Tools International by 20.9% in the second 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 last quarter. Finally, Sanders Morris Harris LLC bought a new position in Drilling Tools International in the third quarter valued at about $34,000. Institutional investors and hedge funds own 2.79% of the company’s stock.

Key Headlines 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

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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.

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