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Drilling Tools International Corporation - Common Stock (DTI) Stock Forecast & Price Prediction

Live DTI Stock Price & Analysis

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$3.18

-0.02 (-0.63%)

12 Month Price Forecast For DTI

$3.18
Current Price
$113.18M
Market Cap
2 Ratings
Buy 1
Hold 1
Sell 0
Wall St Analyst Ratings

Distance to DTI Price Forecasts

+151.6%
To High Target of $8.00
+73.0%
To Median Target of $5.50
+41.5%
To Low Target of $4.50

DTI Price Momentum

+10.0%
1 Week Change
-8.1%
1 Month Change
+5.6%
1 Year Change
-2.8%
Year-to-Date Change
-50.0%
From 52W High of $6.36
+27.2%
From 52W Low of $2.50

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Disclaimer: The information provided by Ticker Nerd is for educational and informational purposes only. It should not be considered financial or investment advice. Past performance is not indicative of future results. Always conduct your own research and consult with a qualified financial advisor before making any investment decisions. Analyst ratings and price forecasts are sourced from Wall St analysts and other experts. These projections are speculative and do not guarantee future stock performance.

Data last updated: February 15, 2025 1:44 PM UTC

DTI Analyst Ratings & Price Targets

Based on our analysis of 1 Wall Street analyst, DTI has a neutral consensus with a median price target of $5.50 (ranging from $4.50 to $8.00). Currently trading at $3.18, the median forecast implies a 73.0% upside. This outlook is supported by 1 Buy, 1 Hold, and 0 Sell ratings.

Please note that analyst price targets are forward-looking estimates subject to substantial market, economic, and company-specific risks. Past performance does not guarantee future results, and actual stock performance may materially differ from these projections. Investors should conduct their own due diligence and consider their investment objectives and risk tolerance before making investment decisions.

DTI Analyst Consensus

1
Buy
1
Hold
0
Sell

DTI Price Target Range

Low
$4.50
Average
$5.50
High
$8.00
Current: $3.18

Latest DTI Stock Forecasts by Analyst

These are the latest 20 analyst ratings and price targets for DTI.

Date Firm Analyst Rating Change Price Target
Nov 15, 2024 Alliance Global Partners Jeff Grampp Buy Maintains $5.50
Aug 7, 2024 Alliance Global Partners Jeff Grampp Buy Maintains $7.50
Jul 1, 2024 Alliance Global Partners Jeff Grampp Buy Initiates $8.50

Stocks Similar to Drilling Tools International Corporation - Common Stock

The following stocks are similar to Drilling Tools International based on their market capitalization and industry sector. These similar stocks potentially provide investors with alternative investment opportunities within the same market segment.

Drilling Tools International Corporation - Common Stock (DTI) Financial Data

Drilling Tools International Corporation - Common Stock has a market capitalization of $113.18M with a P/E ratio of 13.3x. The company generates $149.79M in trailing twelve-month revenue with a 5.5% profit margin.

Revenue growth is +5.1% quarter-over-quarter, while maintaining an operating margin of +10.6% and return on equity of +7.9%.

Valuation Metrics

Market Cap $113.18M
Enterprise Value $167.15M
P/E Ratio 13.3x
PEG Ratio 6.8x
Price/Sales 0.8x

Growth & Margins

Revenue Growth (YoY) +5.1%
Gross Margin +60.1%
Operating Margin +10.6%
Net Margin +5.5%
EPS Growth -79.8%

Financial Health

Cash/Price Ratio +10.8%
Current Ratio 1.3x
Debt/Equity 55.2x
ROE +7.9%
ROA +7.1%

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Drilling Tools International Corporation  - Common Stock logo

Drilling Tools International Corporation - Common Stock (DTI) Company Overview

About Drilling Tools International Corporation - Common Stock

What They Do

Provides oilfield equipment and services.

Business Model

The company operates by offering a range of oilfield equipment and services, including downhole tool rentals, machining, and inspection services. It generates revenue through the rental and sale of drilling tools and ancillary equipment to the oil and natural gas sectors across several regions, including North America, Europe, and the Middle East.

Additional Information

Drilling Tools International Corporation specializes in products such as bottom hole assembly components, blowout preventers, and various handling tools. The company maintains a significant fleet of rental equipment to support its services, which includes tools for horizontal and directional drilling, making it a crucial player in the drilling and wellbore construction industry.

Company Information

Sector

Energy

Industry

Oil & Gas Equipment & Services

Employees

394

CEO

Mr. R. Wayne Prejean

Country

United States

IPO Year

2023

Drilling Tools International Corporation - Common Stock (DTI) Latest News & Analysis

DTI stock latest news image
Quick Summary

Drilling Tools International has completed the acquisition of Titan Tools, strengthening its global presence and advancing its downhole drilling technology.

Why It Matters

The acquisition of Titan Tools expands Drilling Tools International's market presence and improves its technology, potentially increasing revenue and competitive advantage in the drilling sector.

Source: Zacks Investment Research
Market Sentiment: Positive
DTI stock latest news image
Quick Summary

Drilling Tools International Corp. (DTI) has completed its acquisition of Titan Tools Services Ltd., enhancing its technological capabilities and service offerings in the global drilling industry.

Why It Matters

DTI's acquisition of Titan enhances its technological capabilities and service offerings, potentially increasing market share and revenue, making it a more competitive player in the global drilling industry.

Source: PRNewsWire
Market Sentiment: Neutral
DTI stock latest news image
Quick Summary

Drilling Tools International Corporation (NASDAQ: DTI) will hold its Q3 2024 Earnings Conference Call on November 14, 2024, at 10:00 AM ET. Participants include CEO Wayne Prejean and CFO David Johnson.

Why It Matters

The earnings call may provide insights into Drilling Tools International's financial health and future outlook, impacting stock performance and investor sentiment.

Source: Seeking Alpha
Market Sentiment: Neutral
DTI stock latest news image
Quick Summary

Drilling Tools International Corp. (NASDAQ: DTI) reported Q3 2024 revenues of $40.1 million, focusing on rental tools for horizontal and directional drilling operations.

Why It Matters

DTI's Q3 2024 revenue of $40.1 million indicates financial performance, impacting stock valuation and investor sentiment in the oilfield services sector.

Source: PRNewsWire
Market Sentiment: Neutral
DTI stock latest news image
Quick Summary

Drilling Tools International Corp. (DTI) reported quarterly earnings of $0.14 per share, surpassing the Zacks Consensus Estimate of $0.06, and matching last year's earnings.

Why It Matters

DTI's earnings beat estimates, indicating strong performance and potential growth. Consistency in earnings year-over-year may enhance investor confidence and attract more interest.

Source: Zacks Investment Research
Market Sentiment: Positive
DTI stock latest news image
Quick Summary

Drilling Tools International Corp. (DTI) has signed an agreement to acquire UK-based Titan Tools Services Ltd., enhancing its product offerings and market presence in the North Sea, Europe, and Africa.

Why It Matters

DTI's acquisition of Titan enhances its market position in key regions and expands its product portfolio, potentially driving revenue growth and improving competitive advantage.

Source: PRNewsWire
Market Sentiment: Neutral

Frequently Asked Questions About DTI Stock

What is Drilling Tools International Corporation - Common Stock's (DTI) stock forecast for 2025?

Based on our analysis of 1 Wall Street analysts, Drilling Tools International Corporation - Common Stock (DTI) has a median price target of $5.50. The highest price target is $8.00 and the lowest is $4.50.

Is DTI stock a good investment in 2025?

According to current analyst ratings, DTI has 1 Buy ratings, 1 Hold ratings, and 0 Sell ratings. The stock is currently trading at $3.18. Always conduct your own research and consider your investment goals before making investment decisions.

What is the price prediction for DTI stock?

Wall Street analysts predict DTI stock could reach $5.50 in the next 12 months. This represents a 73.0% increase from the current price of $3.18. Please note that this is a projection by Wall Street analysts and not a guarantee.

What is Drilling Tools International Corporation - Common Stock's business model?

The company operates by offering a range of oilfield equipment and services, including downhole tool rentals, machining, and inspection services. It generates revenue through the rental and sale of drilling tools and ancillary equipment to the oil and natural gas sectors across several regions, including North America, Europe, and the Middle East.

What is the highest forecasted price for DTI Drilling Tools International Corporation - Common Stock?

The highest price target for DTI is $8.00 from at , which represents a 151.6% increase from the current price of $3.18.

What is the lowest forecasted price for DTI Drilling Tools International Corporation - Common Stock?

The lowest price target for DTI is $4.50 from at , which represents a 41.5% increase from the current price of $3.18.

What is the overall DTI consensus from analysts for Drilling Tools International Corporation - Common Stock?

The overall analyst consensus for DTI is neutral. Out of 1 Wall Street analysts, 1 rate it as Buy, 1 as Hold, and 0 as Sell, with a median price target of $5.50.

How accurate are DTI stock price projections?

Stock price projections, including those for Drilling Tools International Corporation - Common Stock, are based on various factors including financial models, market conditions, and analyst forecasts. While these predictions provide valuable insights, they should be considered alongside your own research and risk tolerance.