What is the average price target for DRIL-QUIP INC (DRQ) stock?
10 analysts have analysed DRQ and the average price target is 28.9 USD. This implies a price increase of 87.54% is expected in the next year compared to the current price of 15.41.
DRIL-QUIP INC (DRQ) Forecast, Price Target & Analyst Ratings
NYSE:DRQ • US2620371045
Current stock price
15.41 USD
-0.56 (-3.51%)
At close:
15.41 USD
0 (0%)
After Hours:
Analyst forecast overview
View the latest analyst price targets, stock forecast, EPS estimates, revenue projections, revisions, full estimates, rating distribution and upgrades/downgrades for DRIL-QUIP INC (DRQ).
Forecast Snapshot
Next Earnings Forecast
Earnings Estimate- Release Date
- Oct 24, 2024
- Period
- Q3 / 2024
- EPS Estimate
- $0.26
- Revenue Estimate
- 136.35M
Price Target Details & History
Consensus Price Target and Range
Mean target
$28.90
Upside
+ 87.54%
From current price of $15.41 to mean target of $28.90, Based on 10 analyst forecasts
Low
$21.21
Median
$24.48
High
$42.00
Price Target Revisions
1 Month
0.00%
3 Months
0.00%
Price Target Summary
10 Wall Street analysts provided a forecast for the next 12 months for DRQ. The average price target is 28.9 USD. This implies a price increase of 87.54% is expected in the next year compared to the current price of 15.41.
Analyst Ratings & History
Current Analyst Ratings
Analyst Ratings History
Analyst Ratings Consensus
ChartMill Buy Consensus
48.00%
DRQ was analyzed by 10 analysts. The buy percentage consensus is at 48. So analysts seem to be rather neutral about DRQ.
In the previous month the buy percentage consensus was at a similar level.
DRQ was analyzed by 10 analysts. More opinions would make the average more meaningful.
Recent Upgrades & Downgrades
| Date | Firm | Action | From → To |
|---|---|---|---|
| 2024-05-14 | Barclays | Maintains | Underweight -> Underweight |
| 2024-02-29 | Barclays | Maintains | Underweight -> Underweight |
| 2024-02-28 | Evercore ISI Group | Maintains | Outperform -> Outperform |
| 2023-11-02 | Barclays | Maintains | Underweight -> Underweight |
| 2023-08-03 | Barclays | Maintains | Underweight -> Underweight |
| 2023-05-12 | Barclays | Maintains | Underweight -> Underweight |
| 2023-03-02 | Barclays | Maintains | Underweight |
| 2021-11-03 | Barclays | Maintains | Underweight |
| 2021-04-01 | BTIG | Initiate | Neutral |
| 2021-03-05 | Barclays | Downgrade | Equal-Weight -> Underweight |
Next Earnings Forecast Details
Next Earnings Details
- Release Date
- Oct 24, 2024
- Period
- Q3 / 2024
- EPS Estimate
- $0.26
- Revenue Estimate
- 136.35M
- Revenue Q2Q
- 16.30%
- EPS Q2Q
- 271.70%
- Number of Analysts
- 4
Next Earnings Revisions
Revenue (1 Month)
0.00%
Revenue (3 Months)
0.00%
EPS (1 Month)
0.00%
EPS (3 Months)
-3.77%
Next Earnings Summary
DRQ is expected to report earnings on 10/24/2024. The consensus EPS estimate for the next earnings is 0.26 USD and the consensus revenue estimate is 136.35M USD.
The next earnings revenue estimate has been revised downward by 0% in the past 3 months.
Full Analyst Estimates
Yearly Earnings Per Share (EPS), Revenue, EBIT, EBITDA and Operating Margin Analyst Estimates
| 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue YoY % growth | 322.448M -11.66% | 361.924M 12.24% | 424.06M 17.17% | 507.02M 19.56% | 541.36M 6.77% | 568.63M 5.04% | 724.17M 27.35% | 766.59M 5.86% | 809.01M 5.53% | 852.44M 5.37% | |
| EBITDA YoY % growth | -19.667M -244.61% | 19.464M 198.97% | 33.997M 74.67% | 65.297M 92.07% | 84.335M 29.16% | 92.92M 10.18% | 125.24M 34.78% | 137.36M 9.68% | 149.48M 8.82% | 161.6M 8.11% | |
| EBIT YoY % growth | -50.048M -166.21% | -9.957M 80.11% | 3.673M 136.89% | 19.695M 436.21% | 36.36M 84.62% | 46.46M 27.78% | 90.9M 95.65% | 103.02M 13.33% | 115.14M 11.76% | 127.26M 10.53% | |
| Operating Margin | -15.52% | -2.75% | 0.87% | 3.88% | 6.72% | 8.17% | 12.55% | 13.44% | 14.23% | 14.93% | |
| EPS YoY % growth | -1.81 -3,116.67% | -0.28 84.53% | -0.15 46.43% | 0.13 187.53% | 0.78 492.31% | 1.11 42.86% | 1.47 32.73% | 1.66 12.33% | 1.83 10.37% | 2.00 9.39% |
All data in USD
Quarterly Earnings Per Share (EPS), Revenue, EBIT and EBITDA Analyst Estimates
| Q3 / 24 | Q4 / 24 | Q1 / 25 | Q2 / 25 | Q3 / 25 | Q4 / 25 | Q1 / 26 | Q2 / 26 | Q3 / 26 | |
|---|---|---|---|---|---|---|---|---|---|
| EPS Q2Q % growth | 0.26 271.70% | 0.28 607.00% | 0.16 125.25% | 0.20 95.43% | 0.23 -10.98% | 0.27 -5.00% | 0.25 56.77% | 0.33 67.44% | 0.35 52.86% |
| Revenue Q2Q % growth | 136.35M 16.30% | 139.38M 10.32% | 128.27M 16.30% | 137.36M 14.14% | 148.47M 8.89% | 151.5M 8.70% | N/A | N/A | N/A |
| EBITDA Q2Q % growth | 20.119M -14.11% | 20.958M -39.17% | 19.836M 201.41% | 22.624M 12.04% | 25.533M 26.91% | 26.048M 24.29% | 24.652M 24.28% | 28.616M 26.49% | 29.805M 16.73% |
| EBIT Q2Q % growth | 8.08M 409.14% | 10.1M 144.73% | 7.07M 481.96% | 10.1M 169.05% | 13.13M 62.50% | 13.13M 30.00% | N/A | N/A | N/A |
All data in USD
Yearly Earnings Per Share (EPS) and Revenue Trends vs Historical Data
Long Term Forward Growth Forecast Summary
Long Term EPS Growth (CAGR)
EPS Next 3 Year
111.10%
EPS Next 5 Year
67.14%
Long Term Revenue Growth (CAGR)
Revenue Next 3 Year
10.52%
Revenue Next 5 Year
12.73%
Long Term EBIT Growth (CAGR)
EBIT Next 3 Year
135.99%
EBIT Next 5 Year
81.00%
DRIL-QUIP INC / DRQ Forecast FAQ
When does DRIL-QUIP INC (DRQ) report earnings?
DRIL-QUIP INC (DRQ) will report earnings on 2024-10-24, after the market close.
Can you provide the consensus estimates for DRIL-QUIP INC next earnings?
The consensus EPS estimate for the next earnings of DRIL-QUIP INC (DRQ) is 0.26 USD and the consensus revenue estimate is 136.35M USD.
What is the consensus rating for DRQ stock?
The consensus rating for DRIL-QUIP INC (DRQ) is 48 / 100 . This indicates that analysts generally have a neutral outlook on the stock.