Dril-Quip, Inc. (DRQ)
NYSE: DRQ · IEX Real-Time Price · USD
17.31
-0.25 (-1.42%)
At close: Jul 19, 2024, 4:00 PM
17.41
+0.10 (0.58%)
After-hours: Jul 20, 2024, 12:58 PM EDT
Dril-Quip Stock Forecast
Stock Price Forecast
The 2 analysts with 12-month price forecasts for Dril-Quip stock have an average target of 30.5, with a low estimate of 21 and a high estimate of 40. The average target predicts an increase of 76.20% from the current stock price of 17.31.
Analyst Consensus: Hold
* Price targets were last updated on May 14, 2024.
Analyst Ratings
The average analyst rating for Dril-Quip stock from 2 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.
Recommendation Trends
| Rating | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 | Jul '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Hold | 0 | 0 | 0 | 0 | 0 | 0 |
| Sell | 1 | 1 | 1 | 1 | 1 | 1 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 2 | 2 | 2 | 2 | 2 | 2 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Barclays | Barclays | Sell Maintains $22 → $21 | Sell | Maintains | $22 → $21 | +21.32% | May 14, 2024 |
| Barclays | Barclays | Sell Maintains $23 → $22 | Sell | Maintains | $23 → $22 | +27.09% | Feb 29, 2024 |
| Evercore ISI Group | Evercore ISI Group | Buy Maintains $44 → $40 | Buy | Maintains | $44 → $40 | +131.08% | Feb 28, 2024 |
| Barclays | Barclays | Sell Maintains $26 → $23 | Sell | Maintains | $26 → $23 | +32.87% | Nov 2, 2023 |
| Barclays | Barclays | Sell Maintains $25 → $26 | Sell | Maintains | $25 → $26 | +50.20% | Aug 3, 2023 |
Financial Forecast
Revenue This Year
507.53M
from 424.06M
Increased by 19.68%
Revenue Next Year
550.96M
from 507.53M
Increased by 8.56%
EPS This Year
0.44
from 0.02
Increased by 2,122.00%
EPS Next Year
0.85
from 0.44
Increased by 90.91%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 529.2M | 588.0M | 593.3M | 752.9M | 797.0M |
| Avg | 507.5M | 551.0M | 570.7M | 724.2M | 766.6M |
| Low | 491.0M | 520.4M | 553.7M | 702.7M | 743.8M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 24.8% | 15.9% | 7.7% | 31.9% | 10.1% |
| Avg | 19.7% | 8.6% | 3.6% | 26.9% | 5.9% |
| Low | 15.8% | 2.5% | 0.5% | 23.1% | 2.7% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 0.46 | 0.90 | 1.28 | 1.53 | 1.72 |
| Avg | 0.44 | 0.85 | 1.23 | 1.47 | 1.66 |
| Low | 0.43 | 0.80 | 1.20 | 1.43 | 1.61 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 2,210.0% | 103.2% | 51.0% | 24.4% | 16.8% |
| Avg | 2,122.0% | 90.9% | 45.2% | 19.7% | 12.3% |
| Low | 2,056.0% | 80.8% | 40.9% | 16.1% | 9.0% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.