Drilling Tools International Corporation (DTI)

Market Cap	109.32M
Revenue (ttm)	149.79M
Net Income (ttm)	8.18M
Shares Out	34.70M
EPS (ttm)	0.26
PE Ratio	11.89
Forward PE	12.86
Dividend	n/a
Ex-Dividend Date	n/a

Volume	83,564
Open	3.230
Previous Close	3.270
Day's Range	3.110 - 3.260
52-Week Range	2.430 - 6.360
Beta	-0.89
Analysts	Strong Buy
Price Target	5.50 (+74.6%)
Earnings Date	Nov 13, 2024

About DTI

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 t...

• Industry: Oil & Gas Equipment & Services
• Sector: Energy
• Founded: 1984
• Employees: 394
• Stock Exchange: NASDAQ
• Ticker Symbol: DTI
• Website: https://www.drillingtools.com

Financial Performance

In 2023, DTI's revenue was $152.03 million, an increase of 17.35% compared to the previous year's $129.56 million. Earnings were $14.43 million, a decrease of -27.43%.

Analyst Forecast

According to one analyst, the rating for DTI stock is "Strong Buy" and the 12-month stock price forecast is $5.5.

Price Target

$5.5

(74.60% upside)

Analyst Consensus: Strong Buy