Sidoti Csr Has Pessimistic Outlook of DTI Q1 Earnings

Drilling Tools International Corp. (NASDAQ:DTI) – Sidoti Csr lowered their Q1 2026 EPS estimates for Drilling Tools International in a report issued on Monday, November 10th. Sidoti Csr analyst S. Ferazani now expects that the company will post earnings per share of ($0.01) for the quarter, down from their prior estimate 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 Q2 2026 earnings at $0.01 EPS and FY2027 earnings at $0.21 EPS.

Drilling Tools International (NASDAQ:DTI) last announced its earnings results on Thursday, November 6th. The company reported $0.02 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.01) by $0.03. The firm had revenue of $38.82 million for the quarter, compared to analyst estimates of $36.18 million. Drilling Tools International had a negative net margin of 3.93% and a positive return on equity of 1.12%. Drilling Tools International has set its FY 2025 guidance at EPS.

A number of other equities research analysts also recently weighed in on DTI. Zacks Research raised Drilling Tools International from a “strong sell” rating to a “hold” rating in a report on Tuesday, October 14th. Weiss Ratings reaffirmed a “sell (d)” rating on shares of Drilling Tools International in a research note on Wednesday, October 8th. One investment analyst has rated the stock with a Buy rating, one has given a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Hold” and a consensus target price of $5.50.

Drilling Tools International Stock Performance

Shares of NASDAQ:DTI opened at $2.45 on Wednesday. The company’s 50 day simple moving average is $2.19 and its 200 day simple moving average is $2.38. The stock has a market capitalization of $87.37 million, a price-to-earnings ratio of -12.89 and a beta of -0.37. The company has a debt-to-equity ratio of 0.37, a current ratio of 2.04 and a quick ratio of 1.49. Drilling Tools International has a 1 year low of $1.43 and a 1 year high of $3.82.

Hedge Funds Weigh In On Drilling Tools International

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Wellington Management Group LLP increased its position in Drilling Tools International by 50.6% during the 1st quarter. Wellington Management Group LLP now owns 23,965 shares of the company’s stock valued at $57,000 after purchasing an additional 8,054 shares during the period. Bank of New York Mellon Corp lifted its position in shares of Drilling Tools International by 38.0% in the 1st quarter. Bank of New York Mellon Corp now owns 22,526 shares of the company’s stock worth $53,000 after purchasing an additional 6,203 shares during the period. XTX Topco Ltd bought a new stake in shares of Drilling Tools International in the 1st quarter valued at $32,000. Y Intercept Hong Kong Ltd bought a new position in Drilling Tools International during the second quarter worth $139,000. Finally, Nuveen LLC acquired a new position in Drilling Tools International in the first quarter valued at $40,000. 2.79% of the stock is owned by institutional investors and hedge funds.

Drilling Tools International Company Profile

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.