Drilling Tools International (DTI) and The Competition Critical Survey

Drilling Tools International (NASDAQ:DTIGet Free Report) is one of 23 public companies in the “Oil & gas field machinery” industry, but how does it compare to its rivals? We will compare Drilling Tools International to similar businesses based on the strength of its profitability, earnings, risk, valuation, institutional ownership, dividends and analyst recommendations.

Valuation & Earnings

This table compares Drilling Tools International and its rivals top-line revenue, earnings per share (EPS) and valuation.

Gross Revenue Net Income Price/Earnings Ratio
Drilling Tools International $152.03 million $14.75 million 13.35
Drilling Tools International Competitors $4.62 billion -$174.24 million 5.89

Drilling Tools International’s rivals have higher revenue, but lower earnings than Drilling Tools International. Drilling Tools International is trading at a higher price-to-earnings ratio than its rivals, indicating that it is currently more expensive than other companies in its industry.

Volatility & Risk

Drilling Tools International has a beta of -0.96, meaning that its share price is 196% less volatile than the S&P 500. Comparatively, Drilling Tools International’s rivals have a beta of 1.66, meaning that their average share price is 66% more volatile than the S&P 500.

Institutional & Insider Ownership

2.8% of Drilling Tools International shares are held by institutional investors. Comparatively, 73.6% of shares of all “Oil & gas field machinery” companies are held by institutional investors. 14.7% of Drilling Tools International shares are held by insiders. Comparatively, 10.4% of shares of all “Oil & gas field machinery” companies are held by insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a stock will outperform the market over the long term.

Profitability

This table compares Drilling Tools International and its rivals’ net margins, return on equity and return on assets.

Net Margins Return on Equity Return on Assets
Drilling Tools International 8.21% 14.88% 9.04%
Drilling Tools International Competitors 3.87% 7.86% 4.80%

Analyst Ratings

This is a breakdown of recent ratings and target prices for Drilling Tools International and its rivals, as reported by MarketBeat.com.

Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Drilling Tools International 0 1 0 0 2.00
Drilling Tools International Competitors 166 1362 1566 44 2.47

Drilling Tools International presently has a consensus target price of $3.00, indicating a potential downside of 47.74%. As a group, “Oil & gas field machinery” companies have a potential upside of 20.09%. Given Drilling Tools International’s rivals stronger consensus rating and higher possible upside, analysts clearly believe Drilling Tools International has less favorable growth aspects than its rivals.

Summary

Drilling Tools International rivals beat Drilling Tools International on 7 of the 13 factors compared.

Drilling Tools International Company Profile

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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. In addition, it offers tool rental services, which consists of rental, inspection, machining, and repair services; rents downhole drilling tools used in horizontal and directional drilling of oil and natural gas; rents kellys, pip joints, work strings; maintains a fleet of rental equipment consisting of drill collars, stabilizers, crossover subs, wellbore conditioning tools, drill pipe, hevi-wate drill pipe, and tubing; rents surface control equipment, such as blowout preventers and handling tools; and provides downhole products for producing wells. Drilling Tools International Corporation is headquartered in Houston, Texas.

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